Goodwill letter to remove negative listing
If you’re looking to remove old negative items from your credit report, a Goodwill Letter is what you may need. Using goodwill letters, you can request your creditor or collection agency to remove negative listings purely out of goodwill. For instance, if you’ve made late payments due to hardship but have been a good customer and finally paid off the account, a Goodwill Letter can be effective in removing such negatives from your report. Just check out a sample Goodwill Letter as given below.
Re: Account Number__________
I am writing this letter in order to request your help and understanding. Back in [year when the negative item was listed], I lost my job and made a couple of late payments, even though I hated paying late. I do feel bad about it even now. However, I did get current on the account (listed above) as soon as my financial standing improved. I have in fact made timely payments since then. I’ve been working hard to make financially responsible decisions and get better control of my money.
I am now buying a home but having difficulty in receiving an affordable mortgage rate due to the negative listing on my credit report. Thereby, I would request you to kindly remove this negative item as a gesture of goodwill. Your kind gesture would be sincerely appreciated.