Sample GW letters

Anonymous — Thu, 07 Jan 2010 05:35:17 GMT

My situation-specific GW letters. I just mailed these this week, so I can't vouch for their effectiveness. However, they're at least an example or template for those out there looking for something. Feel free to copy and personalize as you see fit! Also, any constructive criticism of these is more than welcome -- especially if geared towards helping others (by pointing out what I could've done better, etc)! Finally, thanks to those who have posted their GW letters -- you'll see your influence in my letters.

Bank of America
1000 Samoset Drive
Newark, DE 19713

Re: #s xxxxxxxxxxxxxxx and xxxxxxxxxxxxxxx

To Whom It May Concern,

I’ve been a Bank of America cardholder for many years, and have been a grateful and satisfied customer the entire time. I’m writing today hoping you’ll consider a goodwill adjustment in your reporting to the three credit agencies. I have four 30-day-delinquent payments from April-June, 2003, on the above accounts that I’m asking you please consider removing.

At the time of the delinquencies, I was entering into a debt consolidation program. The first 2-3 months in the program were a tough transition where my limited resources somehow became even tighter. To my credit, I made a point of answering – instead of avoiding – creditors’ phone calls, to re-assure them I would remain in contact and that this was a temporary situation. I became current with the accounts by that summer and both balances have long since been paid in full.

I realize I’m asking for a lot here, but I believe it’s worth asking; I want to move on to new phases in life where a clean credit report is necessary. Please consider whether the late payments from 2003 are a good indicator of my on-going credit worthiness, given my subsequent payment history and commitment to obligations. I look forward to being a valued BofA cardholder again at some point in the near future.

Thank you for taking the time to read this, and for considering my request; I look forward to your reply.

Sincerely,

HSBC Best Buy
PO Box 5253
Carol Stream, IL 60197
Re: #xxxxxxxxxxxxxxxx

To Whom It May Concern,

I’ve been an HSBC cardholder for many years, and have been a grateful and satisfied customer the entire time. I’m writing to ask you to please consider making a goodwill adjustment to your reporting to the three credit agencies. I have one 30-day-delinquent payment from October 2007 on the above account that I’m asking you please consider removing.

I was in a debt consolidation program that automatically handled my monthly payments and I failed to respond to a change in promotional terms on the Best Buy account quickly enough. As I understand it, my monthly obligation to HSBC increased and became due before my automatic payment was adjusted to satisfy it.

I can’t blame anybody but myself, but I ask that you please consider this: In October 2007, being in a debt consolidation program, I was incredibly eager to keep my accounts current and believed I was finally on top of things. To my knowledge, I was paying everything I owed in a timely manner. Had I realized I was becoming delinquent, I would have paid whatever amount necessary to remain in good standing – on the spot. I think my payment history for the months before and after October 2007 is a good reflection of this commitment to my obligations.

Please consider whether this late payment is a good indicator of my on-going credit worthiness, given my subsequent payment history and commitment to obligations. Thank you for taking the time to read this, and for considering my request; I look forward to your reply.

Sincerely,

Re: Sample GW letters

llecs — Thu, 07 Jan 2010 16:10:58 GMT

Good letters.

topic Re: Sample GW letters in Rebuilding Your Credit

Sample GW letters

Re: Sample GW letters