Goodwill Debt Letter
If you have ever tried to delete a debt on a credit card account, you may have experienced frustration. However, there is a way you can do it. Here's how to write a goodwill debt letter that might help you achieve the goal.
Regarding [your account]
[Name of the Debt Collection Company]
[Office Address/City and Zip Code]
[Phone]
Who may it concern
I'm writing to you because I have a problem with something that appears on my credit report. In particular, I have a problem with the paid collection marked with [insert account number], which I'm hoping you'll take into consideration changing.
When this occurred, I was upset because I usually try to be a responsible borrower. Actually, aside from one account, I've never been late on a payment.
However, I temporarily lost income as a result of [explain why you have a late payment]. I regret not being able to make the payments on time, but I wish I could have. I'm fully accountable for my delayed payment.
I've been working to restructure my finances and repair my credit ever since. I sincerely hope you would give me another chance and remove the bad entry from my credit report.
Sincerely,
[Your Name]