Sample Creditor letters
Below are some sample letters you may find useful when contacting creditors. If you are requesting a reduction in monthly payments, we would advise that you complete a statement of means and schedule of creditors to include with your correspondence.
Click on a link below to choose a relevant letter.
- Reduce Monthly payments and freeze interest.
Use this letter to request a reduction of monthly payments and the freezing of interest on the balance. If you give full honest reasons for your predicament, this letter should persuade the creditor to be lenient. - Reconsider payment offer.
If your creditor has refused an initial offer, use this letter to request that they reconsider. If you have not already done so, include a statement of means and schedule of creditors to add weight to your case. - Reconsideration freezing interest.
If your creditor has accepted your payment offer but refused to freeze the interest on the balance, use this letter. You may find that your creditor will refuse to freeze interest until you have met your revised payment for a couple of months, in most cases the interest for this period will be deducted from the balance.







