General Denial Letter

(Date)

Mr. / Ms. (Complete Name) (Address Line 1)

(Address Line 2)

Dear Mr. / Ms. (Last Name),

This is in response to your letter dated (date) requesting for payment extension of your loan with reference number (xx-xxxx).

After extensive review of your request, we regret that we can’t grant further extension on your loan payment. We have granted your three (3) requests for the same request for the last 3 quarters and you have used up all available loan payment extensions we provide to our clients.

We understand the financial difficulties of the present times, but we must also protect the interest of the company and its shareholders. Please make your payments as indicated in the contract you’ve signed on (date).

Sincerely, (Signature)

(Printed Name)

(Title/Position