Tennessee Sample Letter for Remittance of Late Fee

• Category: Letters - Legal - Leases
• State: Multi-State
• Control #: US-0081LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. Dear [Recipient's Name], I am writing this letter to address the recent late fee charges applied to my account. I apologize for the oversight in making the payment on time. I have been a dedicated and punctual customer with a solid payment history, and I understand that this occurrence does not reflect my usual responsibility. Furthermore, I would like to request your kind consideration in waiving the late fee associated with my account. Due to unforeseen circumstances, I experienced a temporary financial setback, which resulted in the delay of my payment. I assure you that this is an isolated incident, and I intend to promptly rectify the situation by making the payment alongside this letter. Tennessee's residents have certain rights and protections when it comes to late fees. According to Tennessee state law, the landlord/creditor is required to provide a written notice of any late fee charges and give the tenant/customer at least five days to remit the payment before imposing the penalty. Additionally, the late fee should not exceed 10% of the overdue amount. As per your policy, I understand that one-time exceptions are extended to customers who have maintained a positive record of payments. I kindly request that you consider my situation and apply this discretion in my case. I genuinely value our business relationship and would appreciate any assistance in resolving this matter amicably. Enclosed with this letter, you will find the full payment amount, including the overdue balance and the applicable late fee. I trust that upon reviewing my account and my commitment to timely payments, you will agree to waive the late fee in this instance. I would like to express my gratitude for your understanding and cooperation in this matter. It is my sincerest hope that this incident will not negatively impact our future interactions, and I look forward to continuing our positive business relationship. Please feel free to contact me at [Your Phone Number] or [Your Email Address] if you require any further information or documentation. Thank you for your attention to this matter. Sincerely, [Your Name]

Dear [Recipient's Name], I am writing this letter to address the recent late fee charges applied to my account. I apologize for the oversight in making the payment on time. I have been a dedicated and punctual customer with a solid payment history, and I understand that this occurrence does not reflect my usual responsibility. Furthermore, I would like to request your kind consideration in waiving the late fee associated with my account. Due to unforeseen circumstances, I experienced a temporary financial setback, which resulted in the delay of my payment. I assure you that this is an isolated incident, and I intend to promptly rectify the situation by making the payment alongside this letter. Tennessee's residents have certain rights and protections when it comes to late fees. According to Tennessee state law, the landlord/creditor is required to provide a written notice of any late fee charges and give the tenant/customer at least five days to remit the payment before imposing the penalty. Additionally, the late fee should not exceed 10% of the overdue amount. As per your policy, I understand that one-time exceptions are extended to customers who have maintained a positive record of payments. I kindly request that you consider my situation and apply this discretion in my case. I genuinely value our business relationship and would appreciate any assistance in resolving this matter amicably. Enclosed with this letter, you will find the full payment amount, including the overdue balance and the applicable late fee. I trust that upon reviewing my account and my commitment to timely payments, you will agree to waive the late fee in this instance. I would like to express my gratitude for your understanding and cooperation in this matter. It is my sincerest hope that this incident will not negatively impact our future interactions, and I look forward to continuing our positive business relationship. Please feel free to contact me at [Your Phone Number] or [Your Email Address] if you require any further information or documentation. Thank you for your attention to this matter. Sincerely, [Your Name]