Letter Agreement on Repayment Schedule

When you and a borrower have come to terms on a payment schedule, it is wise to look for templates such as our Letter Agreement on Repayment Schedule Template. Having this will help manage expectations on the part of both parties and keep the payments organized. As far as quality goes, this file comes with suggestive content that can be easily edited to suit the specific needs of you and your borrower. If you are concerned with its ease of use, then there’s nothing to worry about. It is designed to be easy for even beginners to utilize. Don’t waste any more time and download this amazing template today!

Letter Agreement on Repayment Schedule

[INSERT LOGO OF COMPANY]
[SPECIFY COMPLETE NAME OF COMPANY]
[SPECIFY STREET ADDRESS]
[SPECIFY CITY] [SPECIFY STATE OR COUNTRY]
[SPECIFY ZIP CODE]
[SPECIFY CONTACT NUMBER]
[SPECIFY EMAIL ADDRESS]

[SPECIFY DATE HERE]

[SPECIFY COMPLETE NAME OF CLIENT]
[SPECIFY COMPLETE CREDIT ADDRESS]
[SPECIFY STREET ADDRESS]
[SPECIFY CITY] [SPECIFY STATE OR COUNTRY]
[SPECIFY ZIP CODE]

SUBJECT: AGREEMENT ON REPAYMENT SCHEDULE

DEAR [ADD MR./MS.] [SPECIFY COMPLETE NAME OF CLIENT],

As discussed, you have agreed that you owe us $[SPECIFY AMOUNT OWED] and will be paying this amount as follows:

By the end of [SPECIFY DATE OF PAYMENT], you, the debtor will repay on the required determinable schedule and that time it is the final, due and demandable and the payment will not be extended.

Once the repayment schedule expires, there will be no other schedule to be composed by the creditor.

The agreed repayment may be made by installment.

This agreement of repayment of schedule is final and executory.

[ADD MORE TERMS IF NECESSARY]

We appreciate your cooperation in this matter. Please note that if you cannot meet this schedule, you should contact us before the payment due date.

Sincerely,

[SPECIFY SIGNATURE OF CLIENT]
[SPECIFY COMPLETE NAME OF CLIENT]
[SPECIFY CONTACT NUMBER]
[SPECIFY EMAIL ADDRESS]