A 10 day payoff is crucial to getting your old loans paid off during a refinance. Learn how it works from start to finish.Uncover everything you need to know about Payoff Letters. A payoff letter is a document that provides detailed instructions on how to pay off a loan. This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. 1) With respect to the Installment Financing Debt, the full and complete payoff amount is. The video links are a great touch, and it's available in a handy paperback format. First Citizens provides a full range of banking products and services to meet your individual or business financial needs. After completing the guided interview, you will see next steps instructions on what to do with your forms and how the court process works.