The Branch Manager
Bank of America
I hope you will understand my current situation. I am writing to you to inform you my inability to repay the credit card bills. I am one of the victims of the economic instability in the country. I lost my job and currently in search of a similar one. It has been two months now and I am not sure how many days it may take for me to get another job. Our entire family is experiencing difficult times. It’s a nightmare for all of us. I never expected such unfortunate times and have indulged in purchasing items of utility through my credit card. I hope to repay all the debts on my credit card.
I request the bank authorities to give me some more time to clear all my current credit card bills with some discount on the interest being charged. Six months time is what I am requesting the bank. If you can understand my present difficulties and do the needful, I shall be grateful to you.
After six months, if I fail to repay the dues, the bank authorities can take the action legally. I hope you would understand my grievances and act accordingly. I am anticipating a positive response from you.