A 10 day payoff is crucial to getting your old loans paid off during a refinance. Learn how it works from start to finish.The dealer must, within 7 days, notify the lien holder in writing that the vehicle has been traded in. The Vehicle Payoff Sample Letter form is a crucial document for individuals aiming to transfer their vehicle loan to the State Department Federal Credit Union. I paid off my car loan. The lienholder sent me the title and signed the request for lien change section. Enclosed with this letter, you will find a formal payoff statement confirming the full satisfaction of your loan. Read some of our more frequently asked questions about auto loans with Wells Fargo today. The lienholder sent me the title and signed the request for lien change section. Fill out Application for Replacement Certificate of Title (Form H-6B).