Some spelling may be incorrect, MS Word is not working on my computer right now, and I don't want to put it off, so I had to compose this using notepad (no spellcheck )
To Whom It May Concern:
I am writing to see if you would be willing to make a "goodwill" adjustment to your reporting to the three credit reporting agencies. The above referenced account was placed with you for collections by Provida Life Sciences in 2004. I paid the account in full on February 21, 2006.
Because I have paid the account in full, I would like you to consider deleting the account from your records and stop reporting to the three credit reporting agencies. At the time that I ordered the products from Provida Life Sciences, I was not even 18 years old yet. I had a problem with my bank account and had to close it, which meant that Provida could not withdraw the monthly payments that I had agreed to when I ordered the products. Because I never recieved any subsequent billings from Provida, I naively thought that I did not have to pay for it. I mention this not to justify neglecting to make timely payments, but to show that my irresponsible behavior as a teen-aged child is not an good indication of my actual creditworthiness. I understand that this is an unusual request--particularly as the account was in collections for some time before I paid it.
The 1st Nationwide Collection Agency representatives that I have spoken with over this time period were always very cordial with me. I have heard horror stories about aggressive collections agencies who will stop at nothing to collect a debt. I am happy to say that I did not have an experience like that with 1st Nationwide. When the subject comes up, I often mention how impressed I am by how courteous and respectful your representatives have been to me. I appreciate your patience during this time of learning for me. As I have gotten older, I have become more and more aware of the need to honor my financial obligations, which is why I paid the account in full in February, 2006. I have also maintained excellent payment records with all of my creditors; I have never had a single late payment on any of my other accounts.
I have been married for a year now, and my husband and I are about to begin the process of buying our first home. This collection account on my credit report is having a negative impact on my FICO score. which may prevent me from being able to secure financing for a home purchase, or it may greatly increase the cost of doing so. Since this collection account is not a reflection of my current creditworthiness, I am requesting that you give me a second chance by deleting this account. Your customer service representative Eric (extension 1306) suggested that I submit this request in writing. I sincerely hope that there is redemption at 1st Nationwide Collection Agency, and I beg you for such consideration. Please let me know if you require any further information from me that would help in reaching a positive outcome. Thank you very much for the time you have taken to read my letter.
Great letter but can some one help me with understanding something... Do you send these letters to the collections agency or do you send it directly to the company with whom you owe the debt to. It would be a problem if you send to the Collections agency and then the original company reported to credit b.?