Are you in need of a loan extension? Writing a Loan Extension Request Letter can help you communicate your situation to your lender effectively. Below, you will find a sample of a Loan Extension Request Letter that you can use as a template. Feel free to modify it to suit your specific needs.
Why You Might Need a Loan Extension Request Letter Sample
There are various reasons why you may need to request a loan extension. Some common reasons include:
- Financial difficulties
- Unforeseen circumstances
- Job loss or reduction in income
- Medical emergencies
Loan Extension Request Letter Sample
Dear [Recipient’s Name],
I am writing to request an extension for my loan payment due on [Due Date]. Due to [Brief Explanation of Reason for Extension Request], I am facing financial difficulties that prevent me from making the payment on time.
I have always been a responsible borrower and have never missed a payment before. However, the current situation is beyond my control, and I kindly ask for your understanding and cooperation in granting me an extension.
I assure you that I am committed to repaying the loan in full and will make the necessary arrangements to catch up on payments as soon as possible. I appreciate your consideration of my request and hope to resolve this matter amicably.
Sincerely,
[Your Name]
Loan Extension Request Letter Sample
Request to Bank for Extension | Templates at allbusinesstemplates.com
Letter of Request For Extension | PDF
Grant Extension Request letter template – Premium Schablone
Letter of Extension To Pag Ibig | PDF – eFOI – Electronic Freedom of
Sample loan application letter
Loan Repayment Extension Request Letter – Sample Letter to Bank for
