Salt Lake Utah Sample Letter for Request to Bank for Extension of Time

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

Description

Sample Letter for Request to Bank for Extension of Time Dear [Bank Name], I am writing to formally request an extension of time for [loan/mortgage/credit card payment] due on [date]. I apologize for any inconvenience caused by this request and I would like to explain the reasons behind it. I currently reside in Salt Lake City, Utah, and have been a loyal customer of [Bank Name] for [number] of years. The purpose of this financial assistance request is to provide me with a temporary relief to meet my financial obligations due to unforeseen circumstances. Despite my best efforts to manage my finances responsibly, I have encountered a significant setback due to [explain the circumstances leading to the financial hardship, such as a medical emergency, job loss, or natural disaster]. This unexpected situation has resulted in a temporary shortage of funds, making it impossible for me to meet the initial payment deadline. I assure you that this extension request is not a reflection of my inability to make timely payments in the future. Rather, it is a measure to ensure that I can soon regain my financial stability and continue fulfilling my obligations as agreed upon. Based on my current financial situation, I kindly request an extension of [number of days/weeks/months] for the payment due. This additional time will allow me to arrange the necessary funds and make the payment promptly while ensuring the sustainability of my finances. I understand that there may be associated fees or interest charges for this extension, and I am fully willing to discuss and negotiate these terms with you. I am also open to exploring alternative solutions to meet my financial obligations, such as restructuring the loan or setting up a repayment plan. Furthermore, I deeply value the relationship I have with [Bank Name] and I genuinely believe that with your support and understanding, we can reach a satisfactory resolution for both parties involved. Furthermore, I am committed to maintaining a positive credit history and prompt payment records, and this extension will provide me with the necessary breathing room to do so. Furthermore, I kindly request that you consider my situation and provide a written confirmation of the approval for the extension of time. Please indicate any terms or conditions attached to the extension, including any adjustments to the interest rate or fees applicable. Thank you for your attention to this matter. If you require any additional information or documentation to support my request, please do not hesitate to contact me at [contact information]. I appreciate your understanding and cooperation during this challenging time. Yours sincerely, [Your Name] [Your Address] [City, State, Zip Code] [Phone Number] [Email Address]

Dear [Bank Name], I am writing to formally request an extension of time for [loan/mortgage/credit card payment] due on [date]. I apologize for any inconvenience caused by this request and I would like to explain the reasons behind it. I currently reside in Salt Lake City, Utah, and have been a loyal customer of [Bank Name] for [number] of years. The purpose of this financial assistance request is to provide me with a temporary relief to meet my financial obligations due to unforeseen circumstances. Despite my best efforts to manage my finances responsibly, I have encountered a significant setback due to [explain the circumstances leading to the financial hardship, such as a medical emergency, job loss, or natural disaster]. This unexpected situation has resulted in a temporary shortage of funds, making it impossible for me to meet the initial payment deadline. I assure you that this extension request is not a reflection of my inability to make timely payments in the future. Rather, it is a measure to ensure that I can soon regain my financial stability and continue fulfilling my obligations as agreed upon. Based on my current financial situation, I kindly request an extension of [number of days/weeks/months] for the payment due. This additional time will allow me to arrange the necessary funds and make the payment promptly while ensuring the sustainability of my finances. I understand that there may be associated fees or interest charges for this extension, and I am fully willing to discuss and negotiate these terms with you. I am also open to exploring alternative solutions to meet my financial obligations, such as restructuring the loan or setting up a repayment plan. Furthermore, I deeply value the relationship I have with [Bank Name] and I genuinely believe that with your support and understanding, we can reach a satisfactory resolution for both parties involved. Furthermore, I am committed to maintaining a positive credit history and prompt payment records, and this extension will provide me with the necessary breathing room to do so. Furthermore, I kindly request that you consider my situation and provide a written confirmation of the approval for the extension of time. Please indicate any terms or conditions attached to the extension, including any adjustments to the interest rate or fees applicable. Thank you for your attention to this matter. If you require any additional information or documentation to support my request, please do not hesitate to contact me at [contact information]. I appreciate your understanding and cooperation during this challenging time. Yours sincerely, [Your Name] [Your Address] [City, State, Zip Code] [Phone Number] [Email Address]