Withdrawal Notice Sample

                                                                              First Payment Withdrawal Notice under § 1041.9(b)(2)

Peoples Small Loan Company

218-255-9042

Loanmn.com

John Doe

Somewhere Street

Somewhere, MN 55555

Upcoming Withdrawal Notice from

S&P Loan Co.

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On November 12, 2021, S&P Loan Co. will attempt to withdraw a

payment of $323.00 from your account ending in 0022. his electronic withdrawal will be made by ACH transfer.

If this payment is not successful, we will add a $30 returned payment fee to your balance on loan #5432.

Contact S&P Loan Co at 1-218-255-9042 if you have questions or need to stop this withdrawal. The institution where you have your account also may be able to assist you.

Payment breakdown

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Principal now                            $300.00

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Interest                                       $23.00

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Total payment amount               $323.00

When you make this payment your loan will be paid in full.