Late Payment Letter

Get to draft a formal letter reminding a defaulting person or a company that their payment is overdue by using this premium Late Payment Letter Template. Easy to use and ready-made for your convenience. The file is ready-made and can be customized in the available file formats presented to better suit your preference. Create a legally compliant business document that is perfect to use on any financial institution. The file is high-quality and makes use of professionally designed content to help you create a well-formatted letter within minutes after download. Don’t just stare at your screen. Download now!

LATE PAYMENT LETTER

[DATE]

Dear [RECIPIENT NAME],

I am writing to humbly apologize for the delay of my payment for the [PRODUCT/SERVICES]. I totally understand the inconvenience and frustration this has caused you. With this, I am still hoping you can work with us during this difficult time. 

In the last [NUMBER] [WEEK/MONTH/YEAR], I have been dealing with some significant challenges on my financial resource which is [DETAIL]. This has hindered me from paying the amount which I am due to pay you. 

I take full responsibility for my mistake. At the same time, I have taken care of the situation and I can give you the assurance that this will not happen again. 

Enclosed is a check for $[NUMBER] to complete my payment for the [PRODUCT/SERVICES]. I would appreciate any gesture of consideration and that you would be willing to waive the late payment fee.

I apologize again and thank you for your attention, patience and time.

Regards,

[YOUR SIGNATURE]

[YOUR NAME]