Are you looking for a Late Fee Waiver Letter Sample to help you request the removal of late fees from your account? Below, you will find examples of Late Fee Waiver Letter Samples that you can use as a template and modify as needed to suit your specific situation.
Understanding the Need for Late Fee Waiver Letter Sample
Late fees can be a frustrating added expense, especially when they are the result of circumstances beyond your control. Whether it was a missed payment due to an oversight or a financial hardship that caused the delay, requesting a waiver for late fees can help alleviate some of the financial burden. By sending a well-crafted Late Fee Waiver Letter, you can explain your situation, demonstrate your commitment to timely payments, and request leniency from the creditor.
Points to consider when writing a Late Fee Waiver Letter:
- Be honest and provide a clear explanation for the late payment.
- Express your commitment to making timely payments in the future.
- Mention any previous history of on-time payments to strengthen your case.
- Request the specific late fees to be waived.
- Thank the creditor for their consideration and understanding.
Late Fee Waiver Letter Sample
Dear [Recipient’s Name],
I am writing to request a waiver for the late fees that were recently applied to my account. Due to [brief explanation of the reason for the late payment], I was unable to submit my payment on time. I understand the importance of timely payments and take full responsibility for the delay.
I have been a loyal customer of [Creditor’s Name] for [duration of time] and have always made timely payments in the past. This late payment was an isolated incident, and I am committed to ensuring it does not happen again in the future.
I kindly request that the late fees totaling [amount] be waived as a gesture of goodwill. I greatly appreciate your understanding and consideration in this matter.
Thank you for your attention to this request. I look forward to continuing our positive relationship and making timely payments in the future.
Sincerely,
[Your Name]