Letter Explaining Late Payment, Sample & Format
A Letter Explaining Late Payment is written by a person or organization to the institution or person they are supposed to make a payment to.Sometimes, when the financial conditions of a person or a company are not smooth, he/she may fail n running a smooth life. The person or the company may not be able to clear off certain payments or debts. Clearing payments or debts on time help in maintaining a good image. In the case of a late payment, a well-crafted letter may prevent that image from getting spoilt.
The tone of the letter should be polite and apologetic. The letter should begin by expressing regret for not being able to make the payment timely and should hold the responsibility for causing the inconvenience to the receiver. The writer should explain the genuine reason and the situation for the delay in the payment. The letter should be concluded by promising that financial settlements shall be done time in future.
The following is a sample of Letter Explaining Late Payment.
564 Castle Street,
Cambridge, MA 62536,
U. S. A.
30 April 2017
236 Peas Hill,
Cambridge, MA 67826,
U. S. A.