This document will tell you the amount that you'll need to pay before your balance is resolved in full. What Is a Payoff Statement?A credit card company is suing me for a debt. I have 20 days to serve a written letter. Your credit report will list all of your past and present debt accounts, including private student loans, and the entity that owns the loan. By providing credit card information you authorize the Division of Corporations to charge this credit card. America First Credit Union Partners with Utah Hockey Club to Debut Exclusive Visa® Debit Card. A mortgage payoff letter will tell you that magic number. We are a leading debt buyer and collector, and we are committed to working flexibly with our customers to help them repay their outstanding balance.