[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Loan Service Name] [Loan Service Address] [City, State, ZIP Code] Subject: Request for Reinstatement of Loan [Loan Number] Dear [Loan Service Name], I hope this letter finds you well. I am writing to formally request the reinstatement of my loan, specifically [Loan Type or Purpose], which was previously initiated through [Financial Institution Name]. I greatly appreciate your prompt attention to this matter and request your cooperation in helping me resolve this issue. Furthermore, I regret to inform you that due to unavoidable circumstances, I faced temporary financial difficulties, which resulted in the delay of my loan payments. However, I would like to assure you that my financial situation has improved significantly, and I am determined to fulfill my obligations and promptly resume regular loan repayments. To provide you with a clearer understanding of my current financial stability, I would like to present supporting documents [if applicable, mention documents like bank statements, pay stubs, or any proof of improved financial standing] that demonstrate my ability to make regular payments moving forward. I understand the importance of maintaining a positive credit rating and the consequences of defaulting on my loan. That being said, I kindly request your assistance in reinstating my loan, so I can regain control of my financial responsibilities and preserve my creditworthiness. I propose the following plan for loan reinstatement: 1. Requiring an extension of the loan term by [number of months/years]. 2. Calculating the accumulated interest and missed payments, if any, and adding them to the outstanding balance. 3. Adjusting the monthly payment amounts as necessary to allow me to meet my financial obligations promptly while considering my current income. I humbly request your understanding and consideration of the above plan, which I believe will enable a mutually beneficial arrangement. I assure you that I will diligently adhere to this plan and make all future payments in a timely manner. Furthermore, I kindly request that you review my case and provide approval for the reinstatement of my loan as soon as possible. Should you require any additional information or documentation to expedite this process, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. I am available at your convenience. Thank you for your time, attention, and understanding. I genuinely appreciate your assistance in resolving this matter, and I am confident that together we can successfully reinstate my loan. 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.