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 Vehicle Payoff Sample Letter form is a crucial document for individuals aiming to transfer their vehicle loan to the State Department Federal Credit Union. Edit, sign, and share lien payoff letter template online. No need to install software, just go to DocHub, and sign up instantly and for free. A release of lien, or simply called a lien release, is a legal document that lifts a previously filed lien on a property, vehicle, or another asset.