Interest On Late Payment Letter

Sample Template Example of Interest On Late Payment Letter in Word / Doc / Pdf Free Download

FORMAL DELAY PAYMENT REMINDER LETTER WITH INTEREST PENALTY

[DATE, ex. Wednesday, June 11, 2016]

[NAME, COMPANY AND ADDRESS, ex.

John Smith

XYZ Inc.

1234 First Street

Suite 567

Anycity, Anystate  85245]

Dear [NAME, ex. John Smith],

I am writing this letter to inform you that we have still not received your payment of $[AMOUNT], which was due on [DATE, ex. May 5, 1998].  Unfortunately, we are forced to impose a [X]% fee for late payment as per our credit policies.

To avoid additional charges, we encourage you to forward payment as soon as possible.  If this is not possible, please contact me so that we may discuss an alternative payment plan.

Sincerely,

[YOUR NAME, ex. Jill Jones]

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