This letter is an example of a Collection Letter and includes all of the elements of a perfect Collection Letter for you to use. This sample Collection Letter can be used as a template for your needs.
Dear Ms. Billings,
We haven’t heard from you in quite some time, regarding your Visa account with us, ending in 5040, with an outstanding balance of $5,469.33. Your account is now seriously paid due.
Please make a payment in the amount of $____ before September 10, 2010 in order to prevent your account from being turned over to a collection agency. There is still time for you to bring your account back into good standing with us and avoid further detriment to your credit.
If you have recently made a payment to your account, please disregard this notice,
Should you have any questions or wish to contact our Customer Service hotline, feel free to call 1-800-555-5555.
Thank you for your time.