Dear Creditor,
Re: account no.

This is to confirm the settlement offer agreed upon by me and your customer service representative <name>, <phone no.> on <date.>

I really appreciate that your company is willing to work with me in settling this debt.

The amount we agreed to settle this debt in full is $_____. However, any references to late payment or charge offs on this account should be removed from my credit file.

If the above terms are acceptable to your company, please sign the attached letter of agreement and return the copy to me. Only upon the receipt of the ‘signed agreement’, I will send you a money order in the amount stated above.

Yours truly,

Your Signature
Your Name
Encl: <list of attachments>