Car Loan Extension Request Letter

I hope this letter finds you well. I am writing to formally request an extension on my car loan with account number [Your Account Number]. Due to unforeseen financial challenges, I am currently unable to make the scheduled payments as per the original loan agreement.

I have been a reliable customer and have made timely payments thus far. However, recent changes in my financial situation have made it difficult for me to meet the current repayment schedule. I am requesting an extension of [Number of Months] months to the loan term, which would provide me with the necessary time to stabilize my finances and continue making payments.

I would appreciate it if you could consider my request favorably. I am committed to fulfilling my financial obligations and believe that this extension will enable me to continue managing my loan responsibly. Please let me know if any additional documentation or information is required to process this request.

Thank you for your understanding and consideration. I look forward to your positive response.

Sincerely,

[Your Full Name]
[Your Address]
[City, State, ZIP Code]
[Your Email Address]
[Your Phone Number]