Sample Promissory Letter

A sample Promissory Letter to fulfill a debt payment to a lending company in installments.You should  modify this letter according to your need and situation.

To Whom It May Concern,

For the value of $600 received on May 20, 2014. I, Sara Andersony the undersigned promise to pay to the Kit&Co Lending Firm, the sum of Five Hundred Dollars plus interest.

The said sum shall be paid in weekly installments of $60, with a first payment

due May 27, 2014, and thereafter until the amount has been fully paid.

All payments shall be made through bank deposits at the account number provided by Kit&Co Lending Firm. This promissory Letter, issued this day of May 10, 2014.

Signed,

Sara Anderson

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