Dear _________________

This is to acknowledge receipt of your letter of _________________ (date), in which you requested a three month extension on your __________________ (type of) loan number _____________________ (number).

After careful review, we regret to inform you that we are unable to grant you any further extensions for the payment on your loan.

We are sorry about the difficulties you are experiencing, but we must insist on receiving your payment by ______________ (date).

We hope that you will be able to find another solution to your problem.