Vehicle Payoff Sample Letter PDF Details

The Vehicle Payoff Sample Letter form serves a critical purpose for individuals looking to expedite the process of transferring their vehicle loan to the State Department Federal Credit Union. Located in Alexandria, Virginia, this form provides a detailed and structured method for members to communicate with their current loan company, ensuring that all necessary information is accurately conveyed. Users are instructed to fill in the blank sections with specific details about their existing creditor, including contact information and the current payoff balance of the loan. This precision allows for a smooth transition, with the credit union then taking the step to send the completed letter alongside a check covering the loan balance to the specified company. The ultimate goal is to facilitate the transfer of the vehicle title from the existing creditor to the State Department Federal Credit Union efficiently and without complications. This form embodies a straightforward but crucial process, assisting members in understanding their responsibilities while providing clear instructions to ensure that all parties involved are well-informed and the transfer is executed correctly. It exemplifies the importance of attention to detail and clear communication in financial transactions, particularly those involving significant assets like vehicles.

QuestionAnswer
Form NameVehicle Payoff Sample Letter
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesloan payoff letter example, 10 day payoff letter template, car loan payoff letter, car loan payoff letter template

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EXTERNAL REFINANCE VEHICLE PAYOFF LETTER

1630 King Street

Alexandria, Virginia 22314-2745

703-706-5116 Fax 703-647-4802

PLEASE READ INSTRUCTIONS CAREFULLY

Dear Member:

To expedite the transfer of your vehicle loan to State Department Federal Credit Union, please fill in the blank sections of the following letter. You can obtain this information from your CURRENT LOAN COMPANY. Sign and mail to State Department Federal Credit Union, Attn: Consumer Lending Department at the address above, or fax the signed form to: 703-647-4802.

When your loan is approved, we will send the completed letter and a check to pay off your loan balance to your current loan company listed below. They will send your vehicle title to us.

Thank you for using the State Department Federal Credit Union.

Please print or type

Existing Creditor’s Name ________________________________________ and Tel. No. ________________________________

Existing Creditor’s Address _________________________________________________________________________________

Please accept this check in the amount of $_____________________ as final payment on loan account # _____________________.

(current payoff balance, good for 15 days)(existing Lienholder’s account number)

I understand that this amount is good through _____________________ and that additional interest will accrue at $ _____________

per day.

Thank you,

 

 

__________________________________

___________________________________

__________________________

SDFCU Member’s Printed Name

SDFCU Member Signature

SDFCU Account No.

VEHICLE INFORMATION:

 

 

Year ________________ Make ________________________________ Model _____________________ Cylinders ________

VIN#______________________________________________________________ Mileage _____________________________

Body Style ________________ Color _______________

ADDITIONAL EQUIPMENT:

Rear Entertainment System Navigation System Sunroof Theft Recovery System Automatic Transmission

Other _______________________________________________________________________________________________

Current Loan Company:

Please forward the title of this vehicle, lien satisfied, to:

Attn: Title Clerk/Mortgage Servicing Department

State Department Federal Credit Union

1630 King St.

Alexandria, VA 22314-2745

Please call (703) 706-5241 if you have any questions.

SCU154 (03/13)

How to Edit Vehicle Payoff Sample Letter Online for Free

There isn't anything challenging concerning working with the car loan payoff letter after you open our tool. By taking these clear steps, you will get the prepared PDF in the minimum period you can.

Step 1: Choose the orange button "Get Form Here" on this web page.

Step 2: Now it's easy to manage your car loan payoff letter. Our multifunctional toolbar lets you include, delete, improve, and highlight content material or undertake many other commands.

In order to get the file, type in the information the platform will ask you to for each of the appropriate segments:

portion of gaps in vehicle 10 day payoff letter sample

Type in the required information in the field ADDITIONAL EQUIPMENT, Rear Entertainment System, Current Loan Company Please, Attn Title ClerkMortgage Servicing, King St, Alexandria VA, Please call if you have any, and SCU.

Entering details in vehicle 10 day payoff letter sample stage 2

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