Goodwill Collections Letter
Consider requesting a goodwill adjustment from your creditors if older collection accounts are lowering your credit score. Here's how you can write a professional goodwill collections letter.
[Date]
[Creditor Name/address]
To whom it may concern,
While I typically go out of my way to pay all of my debts and take care of my obligations, I was regrettably unable to do so in this case. [Describe the event]
However, since then, I've recovered financially and paid your organization back for the debt.
I'm contacting you today because I'm now trying to [give a reason].
Due to a collection on my account, I am experiencing issues. That's why I am humbly asking your company to take into consideration erasing this collection off my report as a gesture of goodwill given the date and sum of this collection.
To do so would be sincerely appreciated
All the best,
[Your name]