One can find samples of late payment explanation letters at myFico, CreditInfoCenter, FriscoMortgageGuy and many other finance sites. Also referred to as an LOX or LOE (letter of explanation), late payment letters can be sent to creditors explaining why a payment is late. However, they are also used as part of a mortgage application to explain why accounts on the applicant's credit report show a history of late payments.Know More
Whether someone is explaining a late payment to the creditor they are paying late or to another entity like a mortgage broker, these letters should be as detailed as possible. If relevent, they should contain supporting documentation. For instance, if someone's credit card bills were paid late one month because they were in the hospital, proof of the hospital stay should be included with the letter.
If someone is applying for a mortgage, they have to meet criteria set by the underwriter. If they do not meet certain criteria, they can write a letter explaining the extenuating circumstances. These letters can address issues like why the applicant's income was lower than usual during a certain time period, or they can be used to explain why an applicant fell behind on their bills.Learn more about Business Communications
HowToWriteALettter.net provides sample discharge letters for diverse contexts along with an explanation of what such a letter should cover. Contrary to a letter of termination, a discharge letter can mean that both parties are ending some form of partnership in good terms.Full Answer >
Samples of letters responding to job postings or advertisements appear on QuintCareers.com and Vault.com. Quintessential Careers offers sample letters in HTML format for viewing in a web browser, while the letters on Vault.com are in PDF format for downloading.Full Answer >
Websites focusing on career development offer varied guidance on writing a letter requesting a pay raise. One who plans to write such a letter needs to mention certain specific details regarding the desired amount of increased pay, significant work accomplishments and the desired increase in compensation.Full Answer >
Resource websites such as Dummies.com and HSH.com provide examples and writing guides for hardship letters. A hardship letter explains a homeowner's request for mortgage modification amid financial problems.Full Answer >