Financial matter always found some edge all over. It is not easy and not always smooth with any kind of financial dealing. The late payment issue is very common out there. But some kind problem may arise any time due to financial crisis. Because of that issue the late payment letter is very important. It can play huge role in this matter. It is not easy to deal with the late payment letter. It should convey the information properly or else miscommunication can take place and that could make the letter of no use. The late payment letter does not only deal with conveying the information but also pursuing about the fact.
There are few things that should keep in mind while writing the late payment letter.
- State the situation you are in and that leads you to the problem clearly.
- You must assure that it will never happen again and you will take extra care on that fact.
- State the steps you have taken to deal with the situation.
- Be careful about the words you are choosing or else it may lead you to some kind of misunderstanding.
- State the problem or the information carefully and truly. False information may lead you to some kind of problem in future.
- Try to be sincere and contrite while writing this letter as it deals with some kind of sensitive issue.
- The letter should contain the formal approach.
- Give a firm look for the spelling.
Late payment letter Sample
Whom it may concern
Subject: [Late payment due to some problem]
I would like to beg to st6ate that I want to put this letter into your kind attention that I have been late on my payment to your company on my mortgage due to some personal problem. I can entirely understand your concern but last week I lost my job due to some problem and right now I am jobless and running with some kind of financial crisis. I am very much ashamed that I have been very late on my scheduled payment but I have no option to avoid this. I am looking for a new job and I am also trying hard to manage this situation as soon as possible with extra care. One thing I can assure you from my behalf that this situation is only a temporary phase and I hope I will get it over soon. By that time it would be so kind if you can excuse my delay for few months till I found myself financially balanced.