Sample Goodwill Letter for Late Payments

A Goodwill Letter for Late Payments is a document that can be used by individuals when they want to remove late payments from their credit history. The purpose of the document is to provide the creditor with information that will convince them to make a goodwill adjustment to their credit report.

This letter can be used after an individual has received a late payment mark. By completing this letter and submitting it the individual gets an opportunity to clear their credit history from a derogatory mark that can affect their future finances, credit score, etc. A Goodwill Letter Sample for Late Payments is available for download below.

Even though writing a Goodwill Letter for Late Payments does not guarantee that the late payment will be removed from an individual's credit score, it is an opportunity that the individual should not pass on. If the creditor will find the circumstances when the late payment occurred significant, they will clear the credit report from that mark. Otherwise, the negative mark can stay there for up to seven years and will be taken into consideration every time the individual is applying for a loan, trying to rent a place, and more.

Haven't found the template you're looking for? Take a look at the related templates and samples below:

• Sample Goodwill Letter to Remove Paid Collections;
• Sample Goodwill Letter to Creditor;
• Debt Validation Letter Template.