Kings New York Sample Letter for Request to Bank for Extension of Time

• Category: Letters - Nonlegal - Requests
• State: Multi-State
• County: Kings
• Control #: US-0274LR
• Format: Word; Rich Text

Description

Sample Letter for Request to Bank for Extension of Time Dear [Bank's Name], I am writing to request an extension of time for the payment due on my [Loan/Credit Card/Mortgage] account with your esteemed institution. Due to unexpected financial hardships, I am currently unable to meet the deadline for the payment. Firstly, let me express my gratitude for the excellent services provided by Kings New York. Your institution has been a trusted financial partner that has consistently displayed professionalism and reliability. Therefore, I look forward to resolving this temporary setback by requesting an extension of time. In light of the recent economic downturn, I have encountered unforeseen circumstances that have strained my financial resources. Despite my best efforts to manage my finances responsibly, I am unable to fulfill my payment obligation by the original due date. I am optimistic about my financial situation improving in the near future, and I am committed to meeting my obligation with your bank. However, I kindly request an extension of [number of days/weeks] to allow me to arrange the necessary funds and ensure a timely payment. During this extension period, I assure you that I will adhere to the terms and conditions of our agreement, including any accrued interest or additional charges. I understand that this extension does not absolve me of my financial commitment, and I am fully prepared to honor my obligation upon the agreed-upon extension date. In support of my request, I have included relevant financial documents, such as [insert relevant documents, such as bank statements, pay stubs, profit and loss statements, etc.], which provide a clear picture of my current financial situation. These documents substantiate the temporary setbacks and my sincere intent to fulfill my financial responsibility. I kindly ask your understanding and compassion in considering my request for an extension. The goodwill displayed by Kings New York in granting this extension will allow me to regain financial stability and continue our successful partnership. Thank you for your attention to this matter. I appreciate your prompt response and the opportunity to resolve this situation amicably. Please do not hesitate to contact me at [your contact information] if you require any further information or clarification. Once again, I extend my gratitude for your understanding and cooperation. Yours faithfully, [Your Name] [Account Number]

Dear [Bank's Name], I am writing to request an extension of time for the payment due on my [Loan/Credit Card/Mortgage] account with your esteemed institution. Due to unexpected financial hardships, I am currently unable to meet the deadline for the payment. Firstly, let me express my gratitude for the excellent services provided by Kings New York. Your institution has been a trusted financial partner that has consistently displayed professionalism and reliability. Therefore, I look forward to resolving this temporary setback by requesting an extension of time. In light of the recent economic downturn, I have encountered unforeseen circumstances that have strained my financial resources. Despite my best efforts to manage my finances responsibly, I am unable to fulfill my payment obligation by the original due date. I am optimistic about my financial situation improving in the near future, and I am committed to meeting my obligation with your bank. However, I kindly request an extension of [number of days/weeks] to allow me to arrange the necessary funds and ensure a timely payment. During this extension period, I assure you that I will adhere to the terms and conditions of our agreement, including any accrued interest or additional charges. I understand that this extension does not absolve me of my financial commitment, and I am fully prepared to honor my obligation upon the agreed-upon extension date. In support of my request, I have included relevant financial documents, such as [insert relevant documents, such as bank statements, pay stubs, profit and loss statements, etc.], which provide a clear picture of my current financial situation. These documents substantiate the temporary setbacks and my sincere intent to fulfill my financial responsibility. I kindly ask your understanding and compassion in considering my request for an extension. The goodwill displayed by Kings New York in granting this extension will allow me to regain financial stability and continue our successful partnership. Thank you for your attention to this matter. I appreciate your prompt response and the opportunity to resolve this situation amicably. Please do not hesitate to contact me at [your contact information] if you require any further information or clarification. Once again, I extend my gratitude for your understanding and cooperation. Yours faithfully, [Your Name] [Account Number]