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One can find samples of late payment explanation letters at myFico, CreditInfoCenter, FriscoMortgageGuy and many other finance sites. Also referred to as an LOX or LOE (letter of explanation), late payment letters can be sent to creditors explaining why a payment is late.
A letter of explanation is a simple document that includes your reason for sending in late mortgage payments and an apology. You may also want to write how you intend to make up for the late or failed payments – depending on your situation, you can suggest a payback plan that suits you and the mortgage company.
Sample Letter #5. I expect to be able to pay the outstanding balance, including the late fee, on or before the 20th. I am sorry to be so late with my payment, and hope that this has not caused you any great inconvenience. My hours at work were cut unexpectedly, leaving me short of money this week.
To write a letter of explanation for late payments because of a change of address, you could say that you did not receive your mail in a timely fashion.. A sample letter explaining for being.
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– Sample 1 – Letter of Explanation for Derogatory Credit Name of Consumer Address of Consumer City, State, zip code date Name of Lender Address of Lender City, State, Zip Code RE: Explanation for late payments on credit report Dear Name of Lender: This letter is in reference to my application for a loan of $10,000 to purchase a new car.
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Sample Letter to Supplier for apologize due to Delay in Payment of project. letter for late payment to supplier or contractor from the company with excuse and Apology for Delay in Payment. Letter to Supplier for Late Payment.
To write a letter of explanation for late payments because of a change of address, you could say that you did not receive your mail in a timely fashion.
Use our free Explanation Letter – Sample Explanation Letter to help you get started. Simply download the .doc or pdf file and customize it. Simply download the .doc or pdf file and customize it. If you need additional help or more examples check out some of the sample letters below.