articles

Settlement letters to creditors are letters sent by a consumer to a lender with whom they have a past due account. The purpose of the letter is to offer a lump sum payment to settle the account and stop any further colle... More »

www.reference.com Business & Finance Credit & Lending

When writing a letter to a creditor, include details about the debt in question, including your name, the name of the company or credit card issuer, and the account number, says About.com. The contents may also vary base... More »

When writing a financial hardship letter to creditors, the individual should explain why he is unable to pay his debt, explain his plan of action for taking care of the debt and express his desire for a mutually benefici... More »

www.reference.com Business & Finance Credit & Lending
similar articles

Methods for removing derogatory information from credit reports include asking creditors to remove negative information; filing a dispute with the credit reporting agency; filing a complaint with the Consumer Financial P... More »

www.reference.com Business & Finance Credit & Lending

If a consumer's credit is too poor to qualify for financing through Dell, they need to look for financing through an alternative source like Amazon, Best Buy, or a private lender. If a consumer knows a person with good c... More »

www.reference.com Business & Finance Credit & Lending

A consumer can get out of a car loan by selling the car, refinancing, negotiating a new contract or turning the car over to the lender, according to Bankrate. A consumer who is willing to give up a car can consider allow... More »

www.reference.com Business & Finance Credit & Lending

Making a mortgage payment online involves establishing an account at the lender's website, then transferring the payment monthly by filling out a form on the site, as Bankrate explains. Payments post efficiently, and len... More »

www.reference.com Business & Finance Credit & Lending