Sample letter to Creditor Unable to Pay Loan

Sample letter to Creditor Unable to Pay Loan

To,
Mr. Managing Director,
Joe and Sundry System,
Texas, United State of America.

Subject: Requesting the creditor on not being able to pay the loan
in required time

Respected Sir,

It is to state with due respect and grace that I am Mr. Jew Layman and it is my humble request to you that I am unable to pay the loan in the given and decided time frame. I know, it is my mistake, but I am
hapless. I had recently came across with the worst financial issues at domestic level that tore me to my soul and made me hand to mouth. In this critical situation, I am unable to pay the debit that is incumbent upon me Kindly see to this matter at your earliest. Thanking you in anticipation.

Yours Truly,

Mr. Jew Layman
10th September, 2019.

Sample Letter of Requesting the Creditor on not being Able to Pay the Loan (for business) in Required Time

To,
Mr. Managing Director,
Jocks and Sundry System,
Texas, United State of America.

Subject: Requesting the creditor on not being able to pay the loan
(for business) in required time

Respected Sir,

It is to state with due respect and grace that I am Mr. Jerry Layman and before stating the reason, I deem it perfect to extend my heart felt sorry to you as I was unable to deposit the due amount taken in
term of loan on the given time and day. The reasons being unable to pay the debt were multiple; I wasn’t feeling well and was admitted in hospital; hospital cost great expenditure which was given from my personal pocket. Now, I am here with the decided amount and great apologies. Please accept the both. It is my humble request to you that I am unable to pay the loan in the given and decided time frame. Kindly see to this matter at your earliest. Thanking you in anticipation.

Yours Sincere,
Mr. Jerry Layman
5th September, 2019.

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