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DEMAND LETTER

January 12, 2023

MARK JAY TEVES


Magatas, Sibulan
Negros Oriental, 6201

Dear Mr. Teves,

I am writing you this letter in reference with your unpaid loans in the total amount of NINETY-NINE
THOUSAND EIGHT HUNDRED SIXTY THREE PESOS ONLY. It was also agreed upon that the
amortization of your loans shall be deducted from your LANDBANK ATM Card with Card No. 4748
4402 9034 9817.

Your total unpaid obligations and accrued legal interest are computed as follows:

Loan date: November 05, 2021 Maturity Date: October 26, 2023
Principal Loan Balance ₱91,241.00
Accrued Interest ₱0.00
Total: ₱91,241.00

Loan date: September 20, 2022 Maturity Date: January 18, 2023
Principal Loan Balance ₱3,460.00
Accrued Interest ₱0.00
Total: ₱3,460.00

Loan date: October 03, 2022 Maturity Date: November 02, 2022
Principal Loan Balance ₱174.00
Accrued Interest ₱48.00
Total: ₱222.00

Loan date: Ocotober 10, 2022 Maturity Date: November 09, 2022
Principal Loan Balance ₱270.00
Accrued Interest ₱120.00
Total: ₱390.00

Loan date: October 15, 2022 Maturity Date: November 14, 2022
Principal Loan Balance ₱3,500.00
Accrued Interest ₱1,050.00
Total: ₱4,550.00

₱99,863.00

Please be reminded that we tried using your LANDBANK ATM Card with Card No. 4748 4402 9034
9817 last October 05, 2022, but the said LANDBANK ATM Card with Card No. 4748 4402 9034 9817
has zero balance/insufficient funds.

Please settle your loans immediately from receipt of this demand letter. Otherwise, I will be compelled to
pursue appropriate legal actions.

Thank you in advance for your prompt attention to this matter. I look forward to hearing from you.

Received by: Baby Q. Chiong


CEO/MANAGER

MARK JAY TEVES 32 San Juan Street,


Date: __________________ Barangay 5, Dumaguete
City Negros Oriental 6200
Tel. No: (035)541-1585
Cell. No: 0998-135-5017

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