Reduce Interest sample letter

k_moor25

Hello
Im on a debt Managment plan and need to write a letter to a creditor as they are charging me alot of interest and the rest of my creditors have stopped or reduced the interest.
Can anyone give me a sample letter on how to write a letter to ask for this and my situation as im crap at doing this sort of thing.

Thanks.

fermi

Basic letter here:

http://www.nationaldebtline.co.uk/england_wales/review_pack.php?page=review_pack_for_people_with_available_income_to_make_payments_to_their_creditors#sample_letter_c

If the lender subscribes to the Lending Code, then there is some useful stuff in there about lenders freezing interest/charges as well.

Paragraphs 224-227 mostly.

http://www.lendingstandardsboard.org.uk/docs/lendingcode.pdf

May be helpful to mention those in any letter.