Formal Request to Extend Loan - Template, Sample Form

Valid in United Kingdom

Create your Formal Request to Extend Loan - Template, Sample Form for use in United Kingdom. Answer a few plain-English questions and the document fills in automatically as you go — then download it in Word and PDF, ready to sign or share.

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Formal Request to Extend Loan - Template, Sample Form
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Dear ________,


FORMAL REQUEST TO EXTEND LOAN
REPAYMENT

This letter serves as a formal request to extend the repayment term of the loan I received from you. I entered into a loan agreement with you on ________.

I am making this extension request as permitted by the loan agreement.

I are yet to make the full loan repayment as stipulated by the loan agreement.

The original term of the loan was for ________.

While I had taken steps to repay the loan within the original term, I am now requesting for an extension of the loan repayment term because:

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I acknowledge that the interest charges will continue to accrue and I will have to pay this debt in full as part of my eventual repayment of the loan.

In light of these, I am hereby asking that you grant an extension of my loan.

I look forward to your prompt response.


Yours Sincerely,


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Fields you complete are inserted into the document live. This template is general guidance only — not legal advice.