Letter informing a debtor that contractual interest will be charged
Reference/ Account Number:
Balance Due: £
I note that I have not heard from you in reply to our recent statements and my previous letter dated [ ]. I also note that no queries have been raised on your account so the balance remaining must be undisputed.
In these circumstances I must ask you to send me by return of post your remittance for the outstanding balance shown above. If I do not hear from you as requested then I will have no alternative but to apply interest to that balance at the rate of [ ]% per annum as prescribed by our Conditions of Sale.