[Your Name] [Your Address] [City, State, Zip] [Loan Provider's Name] [Loan Provider's Address] [City, State, Zip] [Date] Subject: Request for Reinstatement of Loan Dear [Loan Provider's Name], I hope this letter finds you well. I am writing to request the reinstatement of my loan with your esteemed institution. I have been a valued customer with your organization for [number of years/months] and have consistently met my financial obligations. However, due to unforeseen circumstances, I experienced a temporary setback in meeting my repayment schedule. [If applicable: Briefly explain the reason for the delay, such as a medical emergency, loss of employment, or a natural disaster.] Despite this unforeseen circumstance, I am now in a stable financial situation and committed to making regular and timely payments on my loan. I have carefully assessed my financial position and developed a revised repayment plan that aligns with my current income and enables me to satisfy my outstanding loan amount. Additionally, I have taken proactive steps to improve my financial literacy and implement strategies to avoid any future setbacks. I kindly request that you consider reinstating my loan under the following terms: Loan Number: [Loan Number] Loan Amount: [Current Outstanding Amount] Revised Repayment Plan: — Monthly Installment: [Proposed Monthly Payment Amount] — Duration: [Proposed Repayment Duration] I understand that my delayed payments may have impacted my credit score, but I assure you of my commitment to rectify this situation promptly. I hereby request for any negative impacts on my credit report resulting from the missed payments to be rectified and my credit history to be updated accordingly. Furthermore, I kindly request a prompt response regarding the status of my loan reinstatement. Furthermore, I am available at [Your Phone Number] or [Your Email Address] should you require any additional information or documents in support of my request. Thank you for your prompt attention to this matter. I appreciate your understanding, and I look forward to your positive response. Yours sincerely, [Your Name]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.