Mr. Daniel Parker
St. Clark Street
Date: 13th Feb’ 2012
Subject: Debt agreement letter
I am writing this letter to let you know that your debt request application has been accepted by our company GL Finance Pvt. Ltd.
As requested, you will get the required amount of $10,000 with 7% as the rate of interest. You will be required to pay back this debt with monthly installment of $500 per month starting from May’2012. The detailed terms and conditions have been mentioned on the document that we have enclosed with this letter. Kindly go through these terms.
If you agree with all the conditions mentioned in the letter, then you can walk into our office on next Monday along with a duly signed copy of debt agreement attached with this letter, to collect your loan amount. In case of any query you can contact us on 09-878-7799.
GL Finance Pvt. Ltd.