Sample credit letter asking for a loan payment delay


  1. The purpose of this letter is to convince a creditor that you will surely pay your debt. To avoid confusion, use unambiguous and simple language. Don't make any promises you can't keep. You should also write about your proposed plan or ask about any other payment plan that is suitable for you.
  2. In the beginning, notify your creditor that you are unable to pay your debt at this point.
  3. Explain why you can't make a full payment now. Do assure your creditor that this setback is temporary, and you will make your payment soon.
  4. Offer to pay a fraction of your debt, if it's possible for you.
  5. Mention a different payment plan or date as a solution to this problem.
  6. Tell the reader that you are grateful because of his/her patience and understanding your problem.


[Senders Name]
[Address line]
[State, ZIP Code]

[Letter Date]

[Recipients Name]
[Address line]
[State, ZIP Code]

[Subject: Normally bold, summarizes the intention of the letter] -Optional-

Dear [Recipients Name],

I am writing to tell you that I am not able to send my loan payment promptly this month. I currently am having a lot of health issues that have depleted my paycheck for this month. I am working out a way to pay you, however, and I promise to pay my bill within two weeks. However, rest assured that I will make next month's payment on time. Thank you very much for your understanding.


[Senders Name]
[Senders Title] -Optional-

[Enclosures: number] - Optional -
cc: [Name of copy recipient] - Optional -