Waiver Letter for Loan

Adam Martinez

871 Anthony Avenue,
Abilene, TX 79605

[email protected]
222 555 7777

May 1, 2055

Melissa Brown

Loan Manager

Horizon Credit Union

4798 Williams Mine Road,

Newark, NJ 07102

Dear Ms. Brown,

I hope this letter finds you well. I am writing to request a waiver on certain terms in my loan agreement, specifically regarding Banking and Lending Services. I believe that granting this waiver would be in the best interest of both parties involved.

As an esteemed financial institution, Horizon Credit Union has been providing excellent banking and lending services to its customers, including myself, for many years. I am grateful for the opportunity to be a part of this esteemed institution and for the financial support provided through the loan agreement.

However, unforeseen circumstances have arisen that have affected my ability to adhere to all the terms outlined in the loan agreement. I have recently experienced a series of financial setbacks, including a sudden job loss and medical expenses, which have severely impacted my financial stability.

Considering the aforementioned challenges, I kindly request that Horizon Credit Union waive the late fees, penalties, and certain terms that I may not be able to fulfill at this time. The continuation of such terms would add further financial burden and hinder my ability to get back on track. I assure you that this waiver request is a genuine intention to honor my commitments, given the current circumstances.

Granting this waiver would have significant positive implications for both parties. It would ease the burden on my financial situation and enable me to fulfill the remaining terms of the loan agreement without any further setbacks. Moreover, it would strengthen my trust and loyalty towards Horizon Credit Union, as I would value the understanding and support provided during this challenging phase.

To support my request, I have attached relevant documentation, including medical bills and termination letters, which provide further insight into the reasons behind my request for this waiver. I hope they will aid in your understanding of the situation and help guide your decision.

I am aware that Horizon Credit Union has specific guidelines for considering waiver requests, and I have tailored this letter accordingly. I deeply appreciate your time and consideration in reviewing my request. Please know that I am sincerely grateful for the excellent service Horizon Credit Union has provided me thus far, and I am committed to fulfilling my obligations as soon as my circumstances allow.

In summary, I kindly request Horizon Credit Union's assistance in waiving the specified fees, penalties, and certain terms in my loan agreement. Your understanding and support would significantly alleviate the financial pressure I am currently facing, allowing me to regain stability. Thank you for your attention to this matter.

Yours sincerely,

Adam Martinez

871 Anthony Avenue,
Abilene, TX 79605

[email protected]
222 555 7777