How do you write a letter explaining bad credit?

Answer

To write a letter explaining bad credit, you should give the reasons why you have bad credit. Explain the situation or the circumstances that resulted to the bad credit. After your explanation, indicate that the same situation will not happen again. Enumerate the measures or steps that you will take to allow you to avoid getting bad credit again.
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1. List the reasons for your financial difficulty in the first paragraph of your letter. Avoid passing the blame on to others. Simply state the reasons with a brief explanation. Creditors
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1. Locate the address and the department of the credit reporting agency to whom you wish to send your letter. All major credit reporting agencies have websites where you can find
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