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How to Write a Letter of Explanation for Credit Problems – A letter of explanation is a 100-word letter that sits on file at the three major credit bureaus; TransUnion, Experian and Equifax. This letter then gets sent out to anyone requesting a copy of your credit report, providing context for any negative credit entries.
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How to Write a Good Letter Explaining Bad Credit (with Sample. – Here is a sample bad credit verification letter that can be used to get a loan. Sample letter explaining bad credit. Jennifer Long 7806 Silver Bell Way Baltimore, MD 43195. May 20, 2019. AB Lending Company 829 Gold Drive Largo, MD 43083 Attn: James Green. Dear Mr. Green, This letter is written in response to the request for verification of the.
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