Loan Repayment Demand Letter
Loan Repayment Demand Letter
September 25, 2050
Chloe Emard
456 Oak Avenue
Santa Ana, CA 92701
Subject: Demand for Loan Repayment
Dear Chloe Emard,
I hope this letter finds you well. I am writing to formally request the repayment of the loan amount of $5,000 that was issued to you on January 15, 2050, under the terms we previously agreed upon.
As of the date of this letter, the amount due, including any applicable interest and fees, totals $5,500. According to our agreement, the payment was due on September 15, 2050. As of today, the loan remains unpaid.
Please understand that this is a serious matter, and it is important that we resolve it promptly. I kindly ask that you remit the full payment by October 5, 2050, which is 10 days from the date of this letter. Payment can be made via bank transfer, and I will provide you with a receipt upon receiving the payment.
Should you have any questions or require clarification regarding this matter, please do not hesitate to contact me at [Your Phone Number] or [Your Email]. I value our relationship and hope to settle this issue amicably.
If I do not receive payment by the specified date, I will have no choice but to explore further actions to recover the owed amount, which may include involving legal representatives.
Thank you for your immediate attention to this matter. I look forward to your prompt response.
Sincerely,
[Your Name]
