Sign in to follow this  
xurlii

Goodwill Letter

Recommended Posts

I need to write some goodwill letters to creditors to try to remove negative TLs. Could someone please provide a sample goodwill letter? Or least provide examples of the appropriate wording of the goodwill letter? I would appreciate it greatly! Thanks!

Share this post


Link to post
Share on other sites

I never found a Goodwill letter sample letter. Am I missing something??

Share this post


Link to post
Share on other sites

Just some samples, all variations of the same thing...

Letter 1:

Dear Credit Card Company:

I have been an MBNA customer since 1995 and during that time, I have enjoyed my experience with MBNA greatly. I am writing to see if you would be willing to make a “goodwill” adjustment to your reporting to the three credit agencies. I have a few late payments on the above referenced accounts that date back to 1998 and 1999. All but 1 of the late payments are 30 day lates. Since that time I have been an exceptional customer paying early every month and have been rewarded by MBNA with ever increasing limits and lower APRs.

Because of my exceptional payment history over the last 3 years, I would like you to consider removing the negative payments from my credit report. At the time of those late payments, I was a full time college student without a job. I say that not to justify why the payments were late, but rather to show that the late payments are not a good indicator of my actual credit worthiness. I hope that MBNA is willing to work with me on erasing these marks from my credit reports.

I have been a very happy customer in the past and hope to continue a long relationship with MBNA. With today’s credit industry so competitive, I know how important it is to maintain good relationships with customers. MBNA has been exceptional in my book so far and I highly recommend it to all my friends and relatives. I hope that you will deeply consider my request and prove once again, why MBNA is heads above the rest. I look forward to your reply.

Your Name

Letter 2:

Dear [card company],

I am writing to express how much I enjoy shopping at [store]. I have a question pertaining to a store charge account that I opened in __________. The charge account number is xxxxxxxx.

I opened the store charge in ____________, made a purchase for $$$$, paid the

balance off, and closed the account (in excellent standing) the same month. I

noticed that even though the account was paid and closed before one month, it

was already being reported on my credit reports with the three major credit

bureaus (Experian, Equifax, and Trans Union).

Although the [card company] tradeline is reporting accurately and in excellent

standing, I have noticed that my credit score is being affected negatively by

the addition of this account to my credit report in different ways, since the

credit score rating is influenced by the opening of new accounts and by the

average age of all accounts, which is in itself affected by opening of new

accounts. These are now my top two reason codes on my reports.

Although I do stress that the information being reported IS accurate (I am not

disputing anything with [card company]), I am asking [card company] to do a courtesy

gesture of goodwill to me and instruct the credit bureaus to remove this charge

account, which was opened for less than one month, from my credit reports.

Essentially, I would like to "de-clutter" my credit report, and I don't want an

account that was opened for only one month present on my credit report, and

decreasing my credit score.

I do recognize that this request is unique and that it may not be normal policy

for[card company]. I have also been told that [card company] *has to* report all accounts,

but I would like to mention that the Fair Credit Reporting Act does *not*

demand that all accounts be reported, but rather - that any account that *is*

reported simply be reported accurately. Therefore, a company does have legal

discretion and permission to remove any account it chooses from the credit

report. I'm hoping that [card company] will do that in my case for this charge card

account.

Therefore, please remove charge account # xxxxxxxx from my credit

reports as a courtesy. Thank you for considering my query. I look forward to

your response.

My Name

Letter 3:

Dear Credit Card Company:

I have been an MBNA customer since 1995 and during that time, I have enjoyed my experience with MBNA greatly. I am writing to see if you would be willing to make a “goodwill” adjustment to your reporting to the three credit agencies. I have a few late payments on the above referenced accounts that date back to 1998 and 1999. All but 1 of the late payments are 30 day lates. Since that time I have been an exceptional customer paying early every month and have been rewarded by MBNA with ever increasing limits and lower APRs.

Because of my exceptional payment history over the last 3 years, I would like you to consider removing the negative payments from my credit report. At the time of those late payments, I was a full time college student without a job. I say that not to justify why the payments were late, but rather to show that the late payments are not a good indicator of my actual credit worthiness. I hope that MBNA is willing to work with me on erasing these marks from my credit reports.

I have been a very happy customer in the past and hope to continue a long relationship with MBNA. With today’s credit industry so competitive, I know how important it is to maintain good relationships with customers. MBNA has been exceptional in my book so far and I highly recommend it to all my friends and relatives. I hope that you will deeply consider my request and prove once again, why MBNA is heads above the rest. I look forward to your reply.

Your Name

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.
Sign in to follow this