I am looking for a letter template to send to a collection company...?
I want to request my balance owed and/or what my payment options are. Does anyone know of a website that I could find a sample letter like this??
Public Comments
- If you have windows xp there are plenty of business letter templates.
- www.microsoft.com has many templates for most any request. You will be searching for a letter template. The specific information you will be putting in that letter is up to you. You will not find a letter with your specific information to a collection company.
- From here, I can tell you what your collection agency's payment options will be. They'll want you to either pay in full or pay as much of the balance owed as possible. Personally, I wouldn't put the ball in their court and ask them what type of agreement they are willing to make. I would let them know what you are willing to offer. Here is a letter that might help you get started: [Sender's address] [Date] Creditor City, State Zip RE: PROPOSAL TO SETTLE ACCOUNT Dear [Name]: My income barely covers my living expenses and I have no assets to sll in order to pay your or my other creditors. I am committed to paying this debt and am willing to offer a settlement of _____ cents on the dollar as payment in full. According to my records, my balance is $[amount]. Based on a settlement of ______ cents on the dollars, I can make my payment in full of $[amount] by [date]. If you accept this proposal, please be prepared to report this account as 'paid in full' to all three credit reporting agencies once I have made the payments we agree upon, and indicate such in writing to me as soon as possible. If you have any questions, please contact me at (111) 111-1111. Thank you. Sincerely, [Your Name] I know this isn't *exactly* what you're looking for, but it's the closest thing I have in my little bag of goodies. Obviously, you can modify the letter to say what you need it to say. I would maybe call the collection agency first and see what the balance is and then write the letter. Hope that helps!
- Take a trip to http://www.creditboards.com This is a forum dedicated to fixing your credit. There is a section there that is loaded with letter templates. Just search around a bit and you will find them.
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