"Loan payoff" refers to the complete repayment of a loan, including the principal amount borrowed and any accrued interest. It means that the borrower has successfully cleared their debt and no longer owes any money to the lender. Full definition
How to find your student loan payoff amount and the process of making your final student loan debt payment. (thecollegeinvestor.com)
The hardest part of their application process was getting loan payoff amounts from my other lenders. (financialsamurai.com)
At time of checkout, you will receive notification of instant approval, and you can select the payment options and time period of loan payoff that is right for you! (newtonbaby.com)