Thursday, May 14, 2020

Pandemic Auto Loan relief letter

Need a little relief from your car loan because of the pandemic, send a copy of this to your lien holder.


VIA U.S.P.S. CERTIFIED MAIL/RETURN RECEIPT REQUESTED


[Your Full Name]

[Your Full Street Address]

[Your City, State Zip]

[Your Telephone Number]

[Your Email Address]

[type your loan or account # here]


[Date]


[Name of Auto Loan Company]

[Auto Loan Company’s Street Address]

[Auto Loan Company’s City, State Zip]

Re:    Request for auto loan relief due to COVID-19 (coronavirus) pandemic

To [Name of Auto Loan Company]:


On 3/11/2020, the World Health Organization designated COVID-19 as a pandemic. In a short period, as of 3/27/20 in the US, over 97,110 cases and over 1,481 deaths have been reported.


Please accept this communication as my official request for forbearance on this loan.  I am requesting that you take the next two payments that are due on this loan and move them to the end of my loan term without applying extra interest or penalties to the loan.  I understand that many Auto Finance Companies are doing this and I hope that you are one of them.

 

 

Thank you in advance for your attention to this matter.

 

Sincerely,

 

[Sign here]

 

[Your Full Name]


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