Payday Loan Hardship Letter
Payday Loan Hardship Letter
Date: November 5, 2050
Lance Nader
DexTrium
Durham, NC 27701
lance@you.mail
Dear Mr. Nader,
I hope this letter finds you well. I am writing to you as the Financial Assistance Coordinator at [Your Company Name] to address my current financial situation regarding my payday loan.
Due to a series of unforeseen circumstances, including a significant reduction in income and unexpected medical expenses, I am struggling to keep up with my payments. These issues have created a financial strain that I could not have anticipated, and I am committed to resolving this situation responsibly.
I am reaching out to request a temporary adjustment to the terms of my loan, as I believe this will enable me to manage my obligations more effectively while I work on improving my financial situation. I appreciate your understanding and support during this challenging time and am confident that we can find a mutually beneficial resolution.
Thank you for your attention to this matter. I look forward to your prompt response and your guidance on how we can proceed.
Sincerely,
[Your Name]
[Your Company Name]