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Dear ________,
I am writing to demand the full payment of ________ (₱________).
On ________, I loaned you ________ (₱________) for the following reason:
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We agreed that you would repay the entire amount with interest on ________. However, to date, I have only received a partial payment of ________ (₱________). Since the last payment, interest has accrued and the outstanding amount of the loan is ________ (₱________).
I expect you give this matter your preferential attention.
Sincerely,
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