Loan Deferral Request
This letter can be sent to a lender, requesting that a loan deferral program be activated and payments be paused for a business, personal, or student loan.
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Description
Dear {lender},
I am writing to request that my {personal/business/student} loan be deferred under the terms of your program {Program Name}.
My account number is {number}.
I am currently unable to make the full payments of {amount} due to {hardship}. I anticipate that I will be able to resume payments by {date}.
I would like to defer payments for {time period}. I understand that interest {will/will not} be paused during this time, and that a lump sum {will/will not} be due.
Thank you for your assistance in activating this loan deferral.
Sincerely,
{Sender}