Final Demand Letter

[Date]

Private and Confidential

[Debtor's Name]
[Debtor's Address]
Nassau, Bahamas

Re: Final Demand for Immediate Payment on Unpaid Loan

Dear [Debtor's Name],

This letter serves as a formal notification of the outstanding loan balance in the amount of $[Amount Due] that you owe to Easyterms, as per the loan agreement dated [Loan Agreement Date].

It has come to our attention that despite our previous communications and reminders, the above-mentioned loan remains unpaid. We are hereby demanding immediate payment of the outstanding balance. Failure to address this matter promptly will result in the following actions:

1. Additional Expenses: Continual accrual of interest and collection fees will be added to the current outstanding balance.

2. Legal Action: If payment is not received within 7 days from the date of this letter, we will have no choice but to pursue legal action against you to recover the debt owed, which may result in further costs to you.

3. Credit Score Damage: Non-payment of the outstanding loan will be reported to credit bureaus, negatively impacting your credit score and financial reputation.

We urge you to settle this matter by remitting the full outstanding balance of $[Amount Due] within 7 days from the date of this letter. Payment can be made by contacting our debt recovery department at 603-0207.

If you have any questions or need assistance to settle this matter, please do not hesitate to contact us at the above-mentioned phone number or email address.

This is a final demand for payment, and we expect your immediate attention to this matter. Time is of the essence to avoid further consequences.

Sincerely,

[Your Name]
Debt Recovery Officer
For and on behalf of Easyterms.

The information contained in this communication is confidential and intended for the named recipient(s) only. If you have received this communication in error, please notify us immediately. This letter is an attempt to collect a debt and any information obtained will be used for that purpose.