Unusual Withdrawal Notice under § 1041.9(b)(3)
S&P Loan Co.
218-255-9042
Loanmn.com
John Doe
Somewhere Street
Somewhere, MN 55555
Alert: Unusual Withdrawal from S&P Loan Co.
On November 12, 2021, S&P Loan Co. will attempt to withdraw a
payment of $353.00 from your account ending in 0022. This electronic withdrawal will be made by ACH transfer.
This payment is unusual because it is larger than your originally scheduled payment. The previous
withdrawal was initiated on November 2, 2016, for $323.
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
———————————-
Principal $300.00
——————————————-
Interest $23.00
——————————————-
Fees $30.00
——————————————-
Total payment amount $353.00