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Goodwill Letter Template For Late Payment. A goodwill letter explains why you had a late payment and asks the creditor to take it off your credit reports. In any case, your goodwill letter should ask for mercy and relief from an accidental late payment, but you should also be able to confirm the same mistake will not happen again.
It is my wish that [name of the company] can remove these late payments from my credit reports. When you write a goodwill letter, you are essentially asking a creditor for a “break” on a reported delinquency. To reiterate, a goodwill deletion is completely at the creditor’s discretion.
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Goodwill adjustment to remove the late payment mark from my credit report. A “goodwill letter” can be an effective way to improve your credit score. You may use this letter with any creditor, but we highly recommend that you revise the letter to fit your circumstance. However, it needs to be done the right way to have a chance.