Car Loan Settlement Request Letter Format

I hope this letter finds you well. I am writing to formally request the settlement of my car loan account with [Lender’s Name]. I would like to settle the remaining balance on my car loan, account number [Your Account Number], and request a full settlement statement.

Loan Details:

• Loan Account Number: [Your Account Number]
• Vehicle Make and Model: [Car Make and Model]
• Original Loan Amount: [Original Loan Amount]
• Outstanding Balance: [Outstanding Balance]
• Date of Loan Agreement: [Date of Loan Agreement]

Settlement Request:

I request a detailed settlement statement that includes the total amount required to clear the outstanding balance, including any applicable fees or charges. Please provide the settlement amount along with instructions for making the final payment.

I would appreciate it if you could expedite this process and send me the settlement statement at your earliest convenience. I am available to discuss any details or provide additional information if needed.

Thank you for your attention to this matter. I look forward to your prompt response and confirmation of the settlement.

Sincerely,

[Your Full Name]
[Your Address]
[City, State, ZIP Code]
[Your Phone Number]
[Your Email Address]