Free Partial Payment Agreement Letter Template
Partial Payment Agreement Letter
November 4, 2050
Ms. Jane Doe
Account Manager
Zen Service Company
456 Pine Avenue
Springfield, IL 62702
Dear Ms. Doe,
I am writing to confirm the agreement reached on October 30, 2050, regarding the partial payment terms for the balance on my account with Zen Service Company. I appreciate your understanding and flexibility as we work together to resolve this matter.
As discussed, I will be making payments in partial amounts due to temporary financial difficulties. We have agreed on the following terms:
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Total amount owed: $3,000.00
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Partial payment amount: $300.00
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Payment frequency: Monthly
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First payment date: November 15, 2050
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Final payment date: April 15, 2051
Each payment will be made on or before the agreed due date through bank transfer. I am committed to adhering to this schedule and appreciate your cooperation in updating my account upon receipt of each payment.
Additionally, I would like to request that any late fees or penalties incurred thus far be waived, given our new arrangement, as long as I adhere to the agreed payment schedule. Please let me know if there are any forms or additional documentation required from my side to formalize this agreement.
I am confident that this arrangement will help all parties concerned, maintaining a positive relationship with Zen Service Company. I am grateful for your assistance and understanding during this time.
Should there be any changes or if additional discussion is needed, please do not hesitate to contact me directly at [Your Email].
Thank you once again for your cooperation.
Sincerely,
[Your Name]
[Your Email]
