Welcome to this article where you can find examples of Penalty Fee Waiver Letter Sample. Feel free to modify these samples as needed to suit your specific situation.
Understanding the Need for a Penalty Fee Waiver Letter Sample
When faced with penalties or fees due to late payments or other infractions, it can be stressful to figure out how to request a waiver. A Penalty Fee Waiver Letter can help you explain your circumstances and make a case for why the penalty should be waived. Here are some common scenarios where a Penalty Fee Waiver Letter may be necessary:
- Late payment fees on credit cards or bills
- Overdraft fees on bank accounts
- Penalties for missing deadlines or appointments
- Other financial penalties or charges
Example of Penalty Fee Waiver Letter Sample
Dear [Recipient’s Name],
I am writing to request a waiver of the late payment fee assessed on my credit card account for the month of [Month]. I have been a loyal customer of [Credit Card Company] for [Number] years and have always made timely payments in the past.
Unfortunately, due to [Reason for Late Payment], I was unable to make the payment on time this month. I take full responsibility for the oversight and assure you that this is an isolated incident.
I kindly request that you consider waiving the late payment fee as a gesture of goodwill. I value my relationship with [Credit Card Company] and hope to continue being a satisfied customer for years to come.
Thank you for your understanding and prompt attention to this matter.
Sincerely,
[Your Name]
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