Late Payment Letter



Included:IntroductionLate Payment Letter TipsSample Late Payment LetterLate Payment Letter TemplateLate Payment IntroductionFinancial matter always found some edge all over. It is not easy and not always smooth with any kind of financial dealing. The late payment issue is very common out there. But some kind problem may arise any time due to financial crisis. Because of that issue the late payment letter is very important. It can play huge role in this matter. It is not easy to deal with the late payment letter. It should convey the information properly or else miscommunication can take place and that could make the letter of no use. The late payment letter does not only deal with conveying the information but also pursuing about the fact.Late Payment Letter TipsThere are few things that should keep in mind while writing the late payment letter.State the situation you are in and that leads you to the problem clearly.You must assure that it will never happen again and you will take extra care on that fact. State the steps you have taken to deal with the situation.Be careful about the words you are choosing or else it may lead you to some kind of misunderstanding. State the problem or the information carefully and truly. False information may lead you to some kind of problem in future. Try to be sincere and contrite while writing this letter as it deals with some kind of sensitive issue. The letter should contain the formal approach. Give a firm look for the spelling.Sample Late Payment LetterTo, Whom it may concernDate: 8/8/13Subject: [Late payment due to some problem]Dear Sir,I would like to beg to st6ate that I want to put this letter into your kind attention that I have been late on my payment to your company on my mortgage due to some personal problem. I can entirely understand your concern but last week I lost my job due to some problem and right now I am jobless and running with some kind of financial crisis. I am very much ashamed that I have been very late on my scheduled payment but I have no option to avoid this. I am looking for a new job and I am also trying hard to manage this situation as soon as possible with extra care.One thing I can assure you from my behalf that this situation is only a temporary phase and I hope I will get it over soon. By that time it would be so kind if you can excuse my delay for few months till I found myself financially balanced. Thanking you.Yours faithfully,Vincent CopperLate Payment Letter TemplateTo,Whom it may concernDate: ____________Subject: [_________ state the subject__________]Dear Sir/Madam,I would like to put this letter into your kind attention that I have been late on my due payment on _______ (state the place and reason that expecting a payment from you) ________. Since last couple of days/weeks/months I am going through some specific problem that is _____________ (state the problem) _________ so I am not been able to pay the amount.I can assure you one thing that this period is temporary and I am trying to get rid of this problem as ___________ (state the steps you have taken) ________. It would be kind enough if you cooperate.Thanking you.Yours faithfully,(Your name)DisclaimerThe author and publisher of this Ebook and the accompanying materials have used their best efforts in preparing this Ebook. The author and publisher make no representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the contents of this Ebook. The information contained in this Ebook is strictly for educational purposes. Therefore, if you wish to apply ideas contained in this Ebook, you are taking full responsibility for your actions.The author and publisher disclaim any warranties (express or implied), merchantability, or fitness for any particular purpose. The author and publisher shall in no event be held liable to any party for any direct, indirect, punitive, special, incidental or other consequential damages arising directly or indirectly from any use of this material, which is provided “as is”, and without warranties.The author and publisher do not warrant the performance, effectiveness or applicability of any sites listed or linked to in this Ebook.All links are for information purposes only and are not warranted for content, accuracy or any other implied or explicit purpose.No part of this may be copied, sold, or used in any way other than what is outlined within this Ebook under any circumstances without express permission from ................
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