Free Special Payment Plan Template
Special Payment Plan
I. Introduction
Dear Valued Customer,
This plan is designed to facilitate your ability to finance our products/services in a manner that is both flexible and convenient. Below you will find the detailed terms and schedule for your payment plan.
II. Plan Details
Customer Name: [Customer Name]
Account Number: [Customer Account Number]
Date of Agreement: January 20, 2050
III. Payment Schedule
Payment Due Date |
Payment Amount |
Outstanding Balance |
---|---|---|
[Due Date 1] |
[Amount 1] |
[Balance 1] |
[Due Date 2] |
[Amount 2] |
[Balance 2] |
[Due Date 3] |
[Amount 3] |
[Balance 3] |
IV. Terms and Conditions
1. Payments are to be made by the specified due dates.
2. Late payments may incur a late fee of 3% per delayed month.
3. Failure to adhere to the payment schedule may result in the termination of the agreement and lead to collection actions.
4. Modifications to the payment plan must be requested in writing and approved by [Your Company Name].
V. Signature
By signing below, you agree to the terms and conditions of this Special Payment Plan:
[Customer Name]
[Date]