Denial For Credit Extension - Free Collection Letter Example
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This sample collection letter, titled 'Denial For Credit Extension' is free for you to use. This sample collection letter is designed to be used when a debtor has already received past-due notices and has not responded with payment. You can cut, copy, paste, fill in the blanks and send this sample collection letter out to your debtors.
The Sample Collection Letter Denial For Credit Extension
Dear ___________,
This is to acknowledge receipt of your letter of [date], in which you requested a three month extension on your credit terms.
After careful review, we regret to inform you that we are unable to grant you any further extensions for the payment on your account.
We are sorry about the difficulties you are experiencing, but we must insist on receiving your payment by [date].
We hope that you will be able to find another solution to your problem.
Sincerely,
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