If you are unable to pay off your credit card on time, here is a sample template you can use to write a hardship letter for a credit card.
[State, ZIP Code]
[Subject: Normally bold, summarizes the intention of the letter] -Optional-
Dear [Recipients Name],
I am writing this letter because I wanted to inform you about the reason for my credit card debt. I hope that with me explaining my financial situation you will understand why the problem happened.
Throughout the last [period of time], I have been experiencing financial hardship, the reason being [state the reason]. Since then, my monthly income has decreased, which has caused the problem that I am facing with your company. I am very embarrassed, and I don’t take this debt for granted.
To get the process of getting my debt paid off started, I would like to suggest [list suggestions], with hopes that you find my offer agreeable. I will be waiting for your reply.
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