Subject: Request for Detailed Breakdown of Account Arbitrage — Allegheny, Pennsylvania Dear [Lender/Creditor's Name], I am writing to formally request a detailed breakdown of the account arbitrage associated with my [Specify account type: mortgage/auto loan/credit card] from your institution. I have been diligently making payments towards my account, but I would appreciate a comprehensive breakdown of the outstanding balance to better understand the arbitrage and review the accuracy of the charges. As a resident of Allegheny, Pennsylvania, I understand the value of maintaining clear and transparent financial records. Therefore, it is crucial for me to have a complete understanding of any outstanding balance on my account. I believe that gaining a comprehensive overview of the charges and fees will provide me with the necessary information to evaluate my financial situation accurately. Please find the following information that I kindly request in the breakdown: 1. Principal Balance: The current balance owed on the account before any late payments or additional charges. 2. Late Payment Charges: A breakdown of late fees that have been applied to the account, specifying the date of each charge and the amount. 3. Interest Calculation: Provide a detailed explanation of how interest has been calculated and applied to my account. Include the interest rate applied, any compounding periods, and the overall interest due. 4. Other Fees and Charges: Specify any additional fees or charges, such as penalties, administrative costs, or legal fees that have been added to the account. Please detail each charge separately, including the date and a clear description of the incurred cost. 5. Payment History: Provide a payment history statement that reflects all payments made towards the account, indicating the date, amount, and method of payment for each. I kindly request that you provide these details within [Specify a reasonable time frame, e.g., 14 days] of receiving this letter. Given the importance of the information, I appreciate your prompt attention to this matter. Should you require any additional documentation or information from my end to proceed with this request, please feel free to reach out to me at [Your contact number/email address]. I trust that you understand my need for this detailed breakdown and will provide the requested information promptly. Thank you for your attention and cooperation. Sincerely, [Your Name] [Your Address] [City, State, ZIP Code] [Phone Number] [Email Address]