Free Full & Final Car Loan Settlement Letter Template

Full & Final Car Loan Settlement Letter

Elena Shadow

101 Pine Lane

Rural Town, USA 23456

elenashadow@email.com

222 555 7777

Jun 10, 2030


John Smith

789 Oak Drive

Cityville, USA 67890


Dear John Smith,


I hope this letter finds you well. I am writing to you on behalf of CloudNova Software as we finalize the documentation process related to your Full & Final Car Loan Settlement Letter.


Firstly, I would like to congratulate you on successfully completing the repayment of your car loan. It is truly a commendable feat. We have reviewed all the necessary details and can confirm that all outstanding dues have been cleared.


In accordance with the legal and financial standards, we are providing you with this formal letter to serve as documentation of the full and final settlement of your car loan. This settlement letter serves as evidence that all financial obligations associated with the car loan have been fulfilled.


The terms and conditions of the settlement are as follows: - Loan Account Number: 1000 2000 3000 - Loan Amount: 5,00,000 - Date of Loan Agreement: Jan 10, 2035 - Repayment Period: 2 years - Monthly Installment Amount: 10,000 - Date of Loan Repayment Completion: 3 years


We kindly request you to retain this settlement letter for your records and future reference. If you have any questions or require any further assistance, please do not hesitate to contact our office. You can reach us at

elenashadow@email.com or 222 555 7777.


Once again, we congratulate you on successfully settling your car loan and wish you continued success.


Thank you for your prompt attention to this matter.


Yours sincerely,


Elena Shadow

CloudNova Software

elenashadow@email.com

222 555 7777