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Dear Sir/Madam:
May I remind you that you borrowed some amount of money from me. From
(date when amount was released) the amount has now reached P___________!
The agreed interest was 8% per month, payable in full after 5 months. Had
you paid me on time, the loan would have been paid in full a long time ago
already.
For so many times, despite my demand for you to pay, I was not paid the
amount due me monthly/regularly.
I have therefore decided to make a last and final demand for you to pay me
in full, the principal and the interest due, amounting to __________, by
the end of June, 2020, or by June 30, 2020.
Sincerely,
____________________________________________
Date:
Dear Sir/Madam:
May I remind you that you borrowed some amount of money from me. From
February 27, 2018 when the amount of two hundred thousand pesos (P200,000.00)
was released. The agreed interest was 8% per month, payable in full after
five months. Had you paid me on time, the loan would have been paid in full a
long time ago already.
For so many times, despite my demand for you to pay, I was not paid the amount
due me monthly/regularly.
I have therefore decided to make the last and final demand for you to pay me
in full, the principal and the interest due, amounting to _________________ ,
by the end of June 30, 2020 or by July 2020.
Sincerely,
______________________