Credit Goodwill Letter

If you’ve been managing your credit well and have a good credit score, you may be wondering if it’s worth it to send a goodwill letter to your creditor. A goodwill letter is simply a request for the creditor to review your account and see if they can offer any leniency on your interest rate or late fees. Check out how to write a good credit goodwill letter. 

To whom it may concern,

This letter is being sent to thank you for your excellent service and to express my worry about a credit report record that is connected to my account.

I opened my account with your business around {year} ago and have consistently paid my balance in full each month. But in the month of {insert month}, I went through {insert explanation} and was unable to do so.

As a result, the credit bureaus received a 30-day past-due payment record. I got back on track after that and have made all the following payments on time. To make sure that this doesn’t happen again, I’ve also taken extra safeguards, including making a thorough budget, cutting back on costs, and setting up an emergency fund.

As a result, I’m pleading with you to overlook my financial blunder and allow me the chance to repair my credit score by removing the late payment from my credit record.

Sincerely, {your name}

Goodwill Credit Letter
Credit Card Goodwill Letter
Credit Dispute Goodwill Letter
Collections Goodwill Letter
Goodwill Forgiveness Letter
Goodwill Letter to Remove Charge Off
Goodwill Letter to Remove Paid Collections
Goodwill Letter Remove Late Payments
Goodwill Credit Adjustment Letter
Goodwill Adjustment Letter