How To Write A Auto Finance Payoff Letter . A payoff letter is usually written by the lender, or legal representative of the lender, after a formal request is made by the borrower. All these informations are required to be mentioned in the payoff statement. Printable Auto Loan Payoff Letter Template Ksdharshanco Auto Loan from theearthe.com If you call your lender, you have to wait. Kindly note that according to our loan repayment agreement the loan should be paid off on or before [date], and that this payment is made on [date]. After losing my job recently, i’ve had to take a significant cut in pay and move out of state to find new employment.