Category: Credit letter

Pag-ibig Letter of Intent to Replace Buyer/Lessee

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April 25, 1992

Dear Sir/Madam:

I would like to express my intention to replace Mr. Juan Ongkingco as buyer/lessee of the property located at Calagara, Sta. Rosa, Laguna with TCT/CCT Property No. 12511 with an outstanding balance/monthly rental in the amount of ten thousand pesos (Php10,000.00).

I understand and agree to be bound by the terms and conditions of the Deed of Conditional Sale/Contract of Lease with Option to Purchase executed by the original buyer/lessee with Pag-ibig Fund.

Furthermore, please find enclosed with this letter of option to purchase are pertinent documents which I am here by submitting in compliance with all your documentary requirements.

I am aware that the Pag-ibig Fund reserves the right to reject my offer.

Very truly yours,

Jc R. Mendoza

Payment Failure Notice Letter

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September 25, 2005

Mr. Abner Bartolome
AVL Subdivision, Albay City

Dear Mr. Bartolome:

Good day!

Your credit card has been processed for $25.95 and was declined and your payment is now considered overdue. Please pay all outstanding invoices within 15 das of the invoice due date to avoid service interruption. Late payments that are paid late may require further action.

This letter serves as a notice letter and we will wait you in our nearest payment center. Please pay your outstanding balance immediately.

If there is any problem, don’t hesitate to phone us and let us know.

Sincerely yours,

Ms. Anna Mhay Pacaycay

Business Expansion Loan Application Letter

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December 12, 2007

Mrs. Angelyn D. Lopez
Manager
RDL Lending Institution
Roxas Boulevard

Dear Mrs. Lopez:

I would like to apply for your Business Loan you are offering to entrepreneur like me. I have been in restaurant business for the past 8 years now. Our restaurant offered Japanese and Korean cuisines of different varieties.

Due to customer demand, we would like to expand my restaurant business by occupying the second floor of our building. I am requesting Php500,000.00. This money will allow me to occupy space on the second floor and buy kitchen utensils and other stuff for our restaurant.

I have attached my business plan as well as all the necessary documents needed to apply for this loan. As you will see I have excellent credit history and a good business plan.

Please do not hesitate to contact me if you have any further questions.

Sincerely,

Ellena D. Adarna

Business Loan Application Letter

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October 28, 2008

Maricar L. Roxas
Manager
ABC Lending Institution
Masbate City

Dear Ms. Roxas:

I would like to request a small business loan of Php250,000 to improve and renovate my computer shop. I have been in business for the past four years and have shown a profit each year.

My computer shop is successful because my computers are always updated with new software as well as new hardware. It contains 30 computers.
Due to customer demand, I would like to buy Xerox machine and renovate my place. We are also planning to add 2 more computers.

I enclosed my business plan that outlines my financial projection for the next fiver years and clearly states my assets to date.
Please contact me if you have any question at 0921-45812464 or at grace@gmail.com. Thank you for your attention to my loan application.

Yours Very Truly,

Grace Anne D. Sahilan
Applicant

Housing Loan Application Letter

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October 12, 2012

Mr. Juanito Navarro
Bank Manager
Asia May Bank
Balanga City Branch

Dear Mr. Navarro:

I am writing to apply for the housing loan offered by your bank. I have been a loyal customer of your bank for last fifteen years. I am planning to buy a house and lot located at San Villes Subdivision, Balanga City and I require a home loan from your bank. I have gone through terms and conditions for the home loan and I accept them all.

I need a loan of 1.3 M from your bank in order for me to buy this house and lot. I will be paying all the installments on time. I have a good credit history so I believe that getting a loan will not be a problem as there are no issues of debts. Attached here are the photocopies of my pay slips, social security number card, house agreement and plan of the house with his letter for your perusal.

Please contact me if there are any queries through my cell phone number 092212145124 or email me at laura_me@gmail.com.
Sincerely yours,
Laura M. Santos

Loan Request Letter Sample

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Septermber 21, 1993

Mr. Edward Magtanong
Manager
Bank of Philippine Island
Udyong, Bataan

Dear Mr. Magtanong:

Good day!

First of all, I would like to introduce myself, I am Edwin Navarro, a faithful patron of your bank, Bank of Philippine Island with a time and savings deposit for the last 10 years. I have a good record on your bank and as a matter of fact, every month I make sure that I banked into my account.

As such, I would like to request a loan of $30,000 for the renovation of our house. I have attached the necessary documents and forms as per your bank regulations.

I hope for your prompt response about this matter. Please contact me anytime if you need further information.

Sincerely yours

Edwin Navarro

Car Loan Letter

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October 12, 2001

Mr. Eduard D. Nisay
Manager
MCA National Bank

Dear Mr. Nisay:

I would like to apply for a car loan. I am willing to buy BMW X3 for which I will need a loan amount of $40,000. I already inquire to your bank and came to a conclusion that the interest rates and other benefits offered by your bank are much better in comparison to other banks.

Right now, I am working as Professor in Pilar State University for about 10 years now. I have attached my employment certificate as well my payslip for your reference.

I already filled up the car loan application form and send if to you via your office email address found on your website. Please take a look this matter and let me know the status of my application.
I hope for your favorable action.

Sincerely yours,

Miguel L. Rodriguez

Loan Request Letter

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April 28, 2003

Mr. Ronald Pamaran
Manager
ABC Enterprising

Dear Mr. Pamaran:

I would like to request from your good office to grant me a personal loan for my medical expenses which need to be done urgently during my vacation leave. I need an amount of Php50,000 for my medication.

I will expect to repay with terms agreed upon, and prefer that regular payments be taken out of my monthly salary.

I hope for your kind understanding and consideration about this matter. I will be highly appreciated your act of kindness.

Sincerely yours,

Malou Mendez

Error Billing Dispute Letter

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Samantha May D. Ligayo
Bayview St.
Malate, Makati

September 24, 2001

JCMER Financing
Loyola Avenue
Quezon City

To whom it may concern:

I would like to inform you that I dispute the following information in my file. I have encircled those items I dispute on the attached copy of the report I received.

Item 2: dispute XYZ Enterprise, account no. 526341. This account has been paid in full.
Item 3: dispute CLEX Credit Corp, account no. 245783. This account is invalid because I don’t have any purchase from them

I am requesting that those items be removed to correct the information. Please reinvestigate this matter and correct the disputed items as early as possible.

Very truly yours,

Samantha May D. igayo

Approve Loan Letter

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February 23, 2001

Ms. Annaliza Lee
Wacky Wacky Subd.
Cubao, Quezon City

Dear Ms. Lee:

Good day!

We would like to inform you that our institution has approved your loan application for Php150,000 with interest to be paid at 10.5 Annual Percentage Rate.

We are expecting that the loan to be paid in full within five years. Please don’t hesitate to call me sometime during the week so that we can draw up the final papers.

Attached herewith is an amortization schedule for your reference.
Sincerely yours,

Pepito Manaloto
Account Officer