Your credit report is all good, but you found out you missed one payment or you have a late payment. Well, it doesn’t look good anymore since it affects your credit scores. But what can you do about it? The best solution you can try is to write a goodwill letter to your creditor to have the chance to remove that negative mark in your credit report.
If you are not familiar with it, here are the important things you should know about a goodwill letter and how you can write one if ever you need it.
What is a Goodwill Letter?
A goodwill letter is a useful tool you can use to send a request to your bank or creditor if you want to remove any marks of missed payments and other mistakes in your credit report. This method is also known as goodwill adjustment.
Utilizing goodwill adjustment doesn’t mean the creditor is obliged to consider or grant your request but you are at their mercy. Sending a goodwill letter is not a good idea if your credit history is all messy and you are just looking for a way to boost your credit score.
When Can You Send A Goodwill Letter?
Here are some of the cases when a creditor will most likely grant you a goodwill adjustment.
Missed payment due to emergency or financial hardship
Payment transmission failure
Tips on How to Write and Submit a Goodwill Letter
It’s easy to create a good-quality goodwill letter to let your creditor understand your situation. But still, you need to remember some of these points to not exaggerate them and have a chance to receive a goodwill adjustment.
Are you ready to take action?
Goodwill Letter Services
We can help you write goodwill letters to remove negative information from your credit reports. Our credit repair agent will analyze your case and write the best goodwill letter for you with negligible rejection chances. People write goodwill letters but are unable to remove negative information from their credit reports. It is always advisable to get guidance from specialists. We have helped many clients write goodwill letters to remove negative information from their credit reports. Follow three simple steps- Pick-up phone, call at (949) 258-7026 and get free 15 minutes consultation with a credit repair agent to initiate the process.
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