A credit card settlement letter is one that is written by a debtor to the credit card company seeking settlement. This letter must mention the details of credit card and the type of settlement that debtor wish to get. A sample letter is given below for reference.

Sample Credit Card Settlement Letter:


The Manager,

New Credit Card Company,

Loan settlement department,

#8, Radstock, Avon,

London, BA3

Date :- 25th May 2014

Sub : Credit card settlement letter

Dear Sir,

I am hereby writing this letter to request for a onetime settlement of the credit card outstanding on card account 3456/CC. I have been struggling with financial difficulties for the past one year on account of my lay off due to the economic downturn. I am finding it very difficult to make monthly payments to credit card and mortgage loan on account of this.

On evaluation I feel that I should take up one time settlement of the credit card outstanding and pay 18,000 pounds as a onetime settlement. Some of the conditions that I want for this payment are that it will be full and final settlement of my credit card outstanding, no legal action will be initiated against me in future for any payments and lastly I will be removed from the defaulter’s list from your records.

If your company is willing for this one time settlement then please write back to me and I will make the necessary arrangements for making the payment and also draft the debt settlement agreement.

I will be glad to receive a positive response from your end.

Yours sincerely,

North Markus

Card account number:  3456/CC