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Sample Student Loan Goodwill Letter

Employing a goodwill letter is a strategic move in credit management as it acts as a means of communication between you and your creditor when you are looking to rectify a financial mistake.

goodwill letter template
Negative marks on your credit report, such as late payments or collections, can significantly harm your credit score. Therefore, a goodwill letter serves as your formal request to have these negative marks pardoned.

Here is an example of a student loan goodwill letter. Please modify it suitably.


[Your Name]
[Your Address]
[Phone Number]
[Loan Lender Name]
[Office Address]

Reg: Student loan.


Thank you for allowing me to bring up my issue with you. I am contacting you regarding a late payment that I have observed on my credit report.

Working with your organization has consistently been a delightful experience, and I am grateful for the support you have provided me in managing my student loan. I have consistently upheld a commendable repayment record, ensuring that payments are made on time.

I recently encountered an unexpected problem that greatly hindered my ability to make timely payments. If it weren't for that issue, I would have continued to make my payments on time as I have done for the previous time period.

I am seeking your support in eliminating the inclusion of this late payment from my record. Additionally, I would like to request your intervention in urging the credit bureaus to remove it from my report.

Punctuality is a quality I highly value, and I am confident that I will make significant improvements in this regard moving forward. To provide evidence of my commitment to timely payments, I have included my bank statements. Your kind consideration of a goodwill adjustment would be greatly appreciated, as it would allow me to overcome a past mistake and continue progressing in life.

I sincerely appreciate the time and careful consideration you have given to this matter. Should you have any queries, please feel free to get in touch.

[Your Name]