Formal Request to Extend Loan

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Dear ________,

FORMAL REQUEST TO EXTEND LOAN REPAYMENT

This letter serves as a formal request to extend the repayment term of the loan I received from you, I entered into a loan agreement with you on ________.

I am making this extension request as permitted by Clause ________ of the loan agreement which states that:

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The loan was for the following purpose:

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I are yet to make the full loan repayment as stipulated by the loan agreement. The original term of the loan was for ________.

While I had taken steps to repay the loan within the original term, I am now requesting for an extension of the loan repayment term because:

________

I estimate that I will be able to remedy this situation within ________ Months. I acknowledge that the interest charges will continue to accrue and I will have to pay this debt in full as part of my eventual repayment of the loan.

I am hereby asking that you grant a ________ extension of my loan.

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I look forward to your prompt response.

Yours Sincerely,


______________________

________

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________

________

________


________

________

Dear ________,

FORMAL REQUEST TO EXTEND LOAN REPAYMENT

This letter serves as a formal request to extend the repayment term of the loan I received from you, I entered into a loan agreement with you on ________.

I am making this extension request as permitted by Clause ________ of the loan agreement which states that:

________

The loan was for the following purpose:

________

I are yet to make the full loan repayment as stipulated by the loan agreement. The original term of the loan was for ________.

While I had taken steps to repay the loan within the original term, I am now requesting for an extension of the loan repayment term because:

________

I estimate that I will be able to remedy this situation within ________ Months. I acknowledge that the interest charges will continue to accrue and I will have to pay this debt in full as part of my eventual repayment of the loan.

I am hereby asking that you grant a ________ extension of my loan.

55522 225 225 252822 252 2822 22 82288525 22 5285282. 5 852 82 822258225 58822 252 5225888 82885525 82 2588 822225. 5 5222 22 5282882 5 2582555882 52282 2522 225. 282582 52 222 52882522 22 8222582 22 82 82 8888 82 228288552 22 5555222 52 52228222222 22 5888588 2588 252225.

I look forward to your prompt response.

Yours Sincerely,


______________________

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