Free Hardship Loan Request Letter Template
Hardship Loan Request Letter
Date: September 3, 2050
Porter Hoppe
Nashville, TN 37201
Dear Porter Hoppe,
We understand that you are currently facing financial difficulties and are pleased to inform you that your hardship loan request has been approved. We are offering you a loan amount of $15,000 with an annual interest rate of 6.0%, to be repaid over a period of 4 years. The first payment is scheduled for November 3, 2050, with monthly installments of $368.25.
This loan is designed to provide temporary relief and will be unsecured. Please find enclosed the detailed terms and conditions of the loan agreement, which include provisions for adjusting the payment schedule if necessary.
The loan amount of $15,000 will be repaid over a period of 4 years with an annual interest rate of 6.0%. The first payment is scheduled for November 3, 2050, with monthly installments of $368.25.
No collateral is required as this loan is unsecured. However, we require a brief statement outlining the nature of your financial hardship and a plan for how the funds will be used.
To complete the process, please review, sign, and return the enclosed agreement by September 15, 2050. Should you need further assistance or wish to discuss your situation in more detail, please contact our financial assistance department at [Your Email].
We are committed to supporting you during this challenging time and hope this loan provides the relief you need.
Sincerely,
[Your Name]
Loan Officer
[Your Company Name]
[Your Email]
