Waiver of Interest Letter
WAIVER OF INTEREST LETTER
August 16, 2055
John Doe
5678 Maple Avenue
Springfield, IL 62705
Dear John Doe,
We hope this letter finds you well. We are writing to let you know that we have decided to waive the interest on your outstanding balance with [Your Company Name].
Here are the details of the waiver:
Account Number |
Original Amount Due |
Outstanding Amount |
Total Interest Waived |
---|---|---|---|
789456123 |
$5,000.00 |
$3,200.00 |
$150.00 |
This waiver applies to the interest accrued up to August 16, 2055. It does not affect the principal amount of $3,200.00, which remains due according to your payment schedule. If you have any questions, please contact us at [Your Company Number] or [Your Company Email].
Thank you for your attention and continued business.
Sincerely,
[Your Name]
Customer Relations Manager