US Financial Management, Inc.

SAMPLE ONLY
U.S. Financial Management is NOT affiliated
with this company. U.S. Financial Management
is NOT a collection agency. This letter is an example
settlement we have obtained for a client.

Dear ,

We are pleased to confirm that we’ve agreed to settle your credit card account for $2846.00 Our settlement brings you these three advantages:

You will pay $2846.00 a significant savings over the full balance that you owe us.  (Please note that the settlement amount doesn’t include any payments you may have already made to prevent your account from charging off immediately.)
We will stop all efforts to collect.
 We will report your account to that national credit bureaus as “settled” with no balance due.

To accept this offer, please send your payment for $2846.00 within 10 days.  You can:

Call 1-800-848-1551 toll-free to make a payment right over the phone with our free e-pay service.
Mail us a cashier’s check or money order.

We must receive your payment within 10 days from the date of this letter, or before the date your account is scheduled to charge off, whichever comes first.  If you’ve arranged to make multiple payments, we must receive the total settlement amount within the agreed time.  If you don’t send the total settlement amount on time, our settlement agreement will terminate and we’ll continue our collection efforts.

If you have not already done so, please destroy all the cards and convenience checks for your account.

If you have any questions about your settlement agreement, or find out when your account will Charge Off, please call us at 1-800-848-1551.

We look forward to receiving your payment.

Sincerely,

Customer Support Division

P.S. Send your cashier’s check or money order for $2846.00 today.

Mail to:  Cardmember Service
P.O. Box 15548
Wilmington, DE 19886-5548

Overnight address:  Cardmember Service
Attn: Remittance Processing
2500 Westfield Drive
Elgin, IL 60123