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  • Letter of Intent

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    Rizza Morada
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    In a letter of intent to EASTWEST Banking Corporation, Frank Neil B. Lapina apologizes for defaulting on his car loan payments totaling 20,300 PHP for a 2016 Hyundai Accent. He requests that the bank release the vehicle back to him if he pays the full amount owed, and guarantees there will be no further late payments until the loan is paid off. He hopes the bank will reconsider his request.

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    In a letter of intent to EASTWEST Banking Corporation, Frank Neil B. Lapina apologizes for defaulting on his car loan payments totaling 20,300 PHP for a 2016 Hyundai Accent. He requests that the bank release the vehicle back to him if he pays the full amount owed, and guarantees there will be no further late payments until the loan is paid off. He hopes the bank will reconsider his request.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    13 views2 pages

    Letter of Intent

    Uploaded by

    Rizza Morada
    In a letter of intent to EASTWEST Banking Corporation, Frank Neil B. Lapina apologizes for defaulting on his car loan payments totaling 20,300 PHP for a 2016 Hyundai Accent. He requests that the bank release the vehicle back to him if he pays the full amount owed, and guarantees there will be no further late payments until the loan is paid off. He hopes the bank will reconsider his request.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    Mr. Ramoncito M.

    Gomez
    Loans Department
    EASTWEST Banking Corporation
    (address of eastwest branch)

    RE: LETTER OF INTENT

    Dear sir/madam:

    I am writing this letter in connection with my car loan of a certain motor vehicle
    described as White Sedan 2016 Hyundai Accent bearing Plate No. DAA 3909 which
    was I voluntary surrendered on July 27, 2019;

    In this regards, I owed an apology to my default with my payment in the amount of


    Php20,300.00. Such default in payment has been incurred due to my busy
    schedule but the same was not intentionally made.

    I am making this letter to request your compassion and reconsideration that said
    motor vehicle be allowed and permitted to release in my favor upon outright
    paying my dues. Likewise, I will guarantee that no default on payment shall meet
    until my car loan is being fully paid.

    Hoping for your reconsideration and approval on my request.

    Thank you.

    Sincerely your,

    FRANK NEIL B. LAPINA

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