34+ Loan Maturity Notice Letter Example Gif. Promissory note, fixed term, no interest, principal payable on maturity. As you know, the scheduled maturity date of the above referenced loan is insert maturity date of the note.
Inform them in the letter with specified deadlines for the payments.
It has been a long battle with chase and 4+ years now after no communications from them for the past 10 months or so, but today i received a letter with the heading 'rescission of acceleration of loan maturity'. For example, the letter may state that the borrower would like six months during which time they do not need to make loan payments. The body of the letter should clearly state the nature of the financial hardship. Regulation b requires an adverse action notice when a creditor declines an application for an extension of credit from a borrower that is not currently delinquent or in default on that loan.