Sample Hardship Letter to Credit Card Company

{Your Name}
{Your Address}
{Your Phone Number}

{Date}

RE: request for {consolidation/restructure} of loan for {VISA, Mastercard, etc.}, account {account number}

To Whom It May Concern:

I am writing to request the {consolidation/restructure} of my credit card repayment, due to financial hardship.

The current balance on my credit card is {amount in dollars}, and I have been paying {amount in dollars} every month for {length of time}. This had been an adequate system, until recently, when I fell on hard times.

Due to {death in the family, divorce, medical problems, etc.}, which began {date}, I have been unable to keep up with the payments. I have attached {list of financial documents attached}, which should illustrate exactly why I am in need of your help. I am accruing more and more in the way of late fees and finance charges, which means my balance just continues to increase, and there is nothing I can do about it.

I am requesting {consolidation or that the company accept a certain amount that is less than the total due}. I am extending the same offer to other creditors, so that I can avoid filing for bankruptcy.

Please contact me as soon as possible so that we can get the ball rolling on this situation.

Sincerely,

{Sender Name}

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