Free Loan Extension Letter Template
Loan Extension Letter
December 12, 2067
Charley Stokes
San Bernardino, CA 92401
Dear Charley Stokes,
I hope this letter finds you well. I am writing to request an extension on my loan repayments. The loan in question is under the account number 4569-4877-9965. Due to some unforeseen circumstances, I am currently unable to make the regular scheduled repayments.
Every effort has been and is being made to stabilize my financial situation, however, it has become apparent that without some form of assistance, I cannot meet my obligations as initially agreed upon. I am therefore humbly requesting a temporary extension of the payment period to avoid defaulting on this loan.
I am confident that the reality of my commitment to ClearFifty and my willingness to pay off this loan shall not be compromised in any way. However, I am open to the idea of revising the current repayment plan or any other viable alternative that can be discussed.
Thank you for considering my request. I look forward to your favorable response and cooperation in this matter.
Sincerely,
[YOUR NAME]