Below is a sample goodwill letter to remove late payment. It should be written in formal business style and sent by certified mail, so the sender can keep a record of the date and time the letter was received by the lender. If there is any legal dispute in the future, this information may become relevant. Any enclosed documents should be copies and not original documents. Consumers should know that one letter may not get them the result they want. If they don’t get a response within two weeks, they should send another letter, an email or contact the lender or credit bureau by phone.
Sample Goodwill Letter to Remove Late Student Loan Payments
Name of Consumer
Address of Consumer
City, State, Zip Code
Name of Credit Bureau or Lender
Address of Credit Bureau of Lender
City, State, Zip Code
RE: Consumer’s Account Number
To Whom It May Concern:
I have not been able to make my regular student loan payments for the past three months on Account Number. This was noted on my credit report on DATE and my credit score has gone down.
The reason I was unable to make my regular payments is because I was in an automobile accident on DATE and broke both legs. I was in hospital for three weeks and in intense physical therapy for six more weeks. Because of this, I was unable to work, which is why I didn’t make loan payments. I have included a copy of my hospital bill.
I am fully recovered and started working again on DATE. I plan to begin making regular payments starting DATE and will gradually make up for the missing payments by adding a specific amount extra to each payment. I am requesting that you remove the missing payments from my credit report. As you can see, until the accident, I always made my payments on time.
It is important for me to have a good credit score, so I can get other lines of credit, buy a new car and support myself. I understand that you may not be able to completely remove the lateness, but I hope it can be mitigated to some extent.
Thank you for taking the time to consider my request. I can be reached at Phone Number or at Email Address if you have any questions or need any more information.
Signature of Consumer
Printed Name of Consumer
List of Enclosures
By Andre Bradley