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Due to (Mention reason- Financial problem/ Personal reason/ any other reason), I request you to kindly allow to make the remaining payment in installments i.e (Amount) every (Month/ Week) in order to clear off the debt.
Generally, a loan proposal should include these elements:Executive Summary. Begin your proposal with a simple and direct cover letter or executive summary.Business Profile.Management Experience.Loan Request.Loan Repayment.Collateral.Personal Financial Statements.Business Financial Statements.More items...
Dear LENDER'S NAME, The aim of this letter is to request a small business loan in the amount of NUMBER for the purpose of ADD PURPOSE OF LOAN HERE. My business, BUSINESS NAME, is a successful and well-established company, which is part of the TYPE industry.
Sub: Regarding loan repayment. Dear Sir, I, Ramesh Gupta, am writing this letter to request you to grant me some extension for repayment of my car loan with your bank. I would like to bring to your notice that my car loan started with your bank in the year 2014 in the month of June for three years.
How to get a personal loan in 8 stepsRun the numbers.Check your credit score.Consider your options.Choose your loan type.Shop around for the best personal loan rates.Pick a lender and apply.Provide necessary documentation.Accept the loan and start making payments.