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. When you pay off your vehicle loan, the lender has 10 days to notify you and must send you the title showing your lien as satisfied.Enclosed with this letter, you will find a formal payoff statement confirming the full satisfaction of your loan. Sign on to your account, select your auto loan from Account Summary, and then Get payoff quote. It can take up to six weeks or more to have the lien removed from your car title and make it officially yours. Your account number is at the top of your monthly statement and on the payment coupon at the bottom of the statement. Online. When you take out an auto loan, your lender will be listed as a lienholder on the title. It typically takes less than 10 minutes to complete an application. Please fill out this field. Find the forms and information you need, whether you're looking for credit card agreements, wire transfer forms, or anything else.