June 15, 2007, Newsletter Issue #93: Letter for Receiving Partial Payment

Tip of the Week

Another example of a bad debt collection letter is to send a thank you letter for receiving partial payment from your customer. A simple, friendly letter will be alright:

(Address Element) (Date)

Account #_____________________________

Balance Due: $____________

Minimum Payment Due: $___________

Dear Mr. John Doe:
Thank you for your partial payment of $___________, which has been applied to your account. We appreciate your business, and we are certain that sending the wrong amount was merely an oversight. For the record, your minimum monthly payment is $_________. Please send us your check for at least $________ today to being your account up to date. Thank you very much.

Sincerely,
Creditor Company (or name of business)
(Address)
(Phone)

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Not finding the advice and tips you need on this Collection Agency Tip Site? Request a Tip Now!


Guru Spotlight
Alexis Niki