Date

Dear ______,

Our accounting department has turned your past due account over to me hoping that I could persuade you to bring it current prior to forwarding your file to our legal source.

When our company extends credit to an individual, it bases its decisions on that applicant's previous credit history and ability to pay. When you requested credit from us, you met all of our criteria. Today, however, your account has reached the critical stage in delinquency.

If you mail your check in the amount of $______ within 5 days of the date of this letter, you will avoid any additional delinquency charges.

Respectfully,