==New Answer == If you are referring to writing a letter say to a mortgage company to explain past derogatories on your credit report, just be honest. Of course, the sympathy factor does come into play. Lenders don't want to hear that you just forgot or well better late than never, we want to hear, unfortunately, "sob" stories (as long as they are true) i.e. illness, divorce, loss of job, etc. and what measures,if any, were taken to rectify the problems. ==Letter of Explanation== When it comes to letters of explanation, keep it short and to the point. For example, you may be asked to explain not only that you experienced some sort of temporary difficulty, but also that the situation was temporary and has since been rectified. Don't waste your time or the stamp.You still get the late fee no matter what and they don't care.
To write a letter of explanation for late payments because of a change of address, you could say that you did not receive your mail in a timely fashion. You should also apologize profusely and state that you will endeavor to pay the outstanding amount by a given date.
To write a letter of late submission of documents to a company you need to address it to the manager with the reasons for the late submissions.
As an accounts payable manager for a large company, trust me your creditors don't want to hear why you can't pay, but only when you can. Give your creditor a reasonable date on which you will satisfy the account in full or, make payment arrangements, and stick with them!
Explain your financial situation. Don't lie, don't make up reasons. Don't blame others. Offer a solution, like paying back in monthly installments. If you can negotiate a payback plan, stick to it!
Between 7 and 10 years
To write a letter of explanation for late payments because of a change of address, you could say that you did not receive your mail in a timely fashion. You should also apologize profusely and state that you will endeavor to pay the outstanding amount by a given date.
Never give an explanation letter for why you are late and absent. These will only be excuses. Write a letter of apology and assure that it will not happen again.
how to write late submission of documents
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You write down why you were late, taking special care to explain why the circumstances were unavoidable, and hope the recipient agrees that you did, in fact, have a good excuse.
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How do you write a late warning letter
One may be asked to write a mortgage letter of explanation when there is an overdraft fee on a bank account, insufficient funds, late payment, or different address on bank statements than current mailing address. This letter must show the date, greetings, cite the incident with all applicable information, explanation, solution, and appropriate documentation.
To write a letter of late submission of documents to a company you need to address it to the manager with the reasons for the late submissions.
Make sure to address the recipient and apologize for the delay. Briefly explain why you were not able to answer right away and state that you wish to assist them.
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