Student Loan Forbearance Request Letter

Student Loan Forbearance Request Letter

November 12, 2050

Leonard L. Ferris

Loan Officer

[email protected]

1877 Davis Place,
Hamler, OH 43524

Dear Mr. Ferris,

I hope this letter finds you in good health. The purpose of writing this letter is to formally request a temporary pause or reduction in my student loan payments. I am aware that such actions are typically granted in case of financial hardship or other extenuating circumstances, both of which I find myself currently experiencing.

As much as I understand the obligation of repaying my student loans, I have recently been faced with unforeseeable financial difficulties. The economic struggle has left me unable to maintain the current repayment schedule without straining my ability to meet other financial obligations and basic needs.

Given these trying times, I kindly request the forbearance of my student loan repayment for a significant period to help me stabilize my financial position. I am also willing to consider any feasible alternative solutions such as a restructured repayment plan depending on your advice and guidance.

I sincerely regret any inconvenience this may cause and I am eagerly anticipating a favorable resolution to this matter. I appreciate your understanding and patience in these adverse circumstances and look forward to continue making steady progress toward repaying my student loan once my financial situation has improved.

Thank you once again for your time and consideration. Please do not hesitate to contact me at [Your Email] should you need any further information or documents to process this request.

Sincerely,

[Your Name]

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