Loan Early Settlement Request Letter

Loan Early Settlement Request Letter

July 1, 2057

[RECIPIENT'S NAME]

[RECIPIENT'S ADDRESS]

Dear [RECIPIENT'S NAME],

I'm writing this letter to inform you of my desire to settle my loan (number [LOAN NUMBER]) earlier than the due date. I have been a loyal and regular customer with almost no defaults in my payments. However, due to some unforeseen changes in my financial situation that have positively impacted my ability to pay off the loan, I am now capable and willing to make this early settlement.

I hereby request you provide me with a comprehensive settlement quote that includes all the principal, interest, and any other charges, if applicable. This will allow me to better understand my financial obligations and ensure smooth transactions. I also request that the calculation of the quote take into account any stipulated discounts or fee waivers that may be applicable in my case for an early payment.

I am eager to conclude this process at the earliest, hence I would appreciate it if you could facilitate the prompt processing of my request. I would also appreciate a written confirmation of this early settlement upon receipt of the payment for my records.

If there are any clarifications to be made or additional paperwork to fill out, please feel free to contact me at my email [YOUR EMAIL]. I look forward to reaching a mutually satisfactory resolution. Thank you in advance for your prompt attention to this matter.

Sincerely,

[YOUR NAME]

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