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Denial of Request for Additional Discount

Dear This letter is in response to your inquiry regarding our flexibility in the discount rate we offer for early settlement of accounts. Our established discount is 2% of the total invoiced amount when payment is received within 10 days of delivery. This figure is not one that has been arbitrarily chosen, but is based [...]

July 29th, 2011 | Posted in Business Letters | No Comments

Settlement Agreement Letter

July 28, 2010 The Accounts Manager Muthoot Finance Kochi Dear Mr. Panicker, I have received your letter reminding me to pay off my debts to you.  I am willing to pay it off in full, instead of in installments as agreed upon earlier. I had been under some financial stress for the last few months [...]

April 25th, 2011 | Posted in Agreement Letters | No Comments