1234, Main Street
Boston, MA 02123
04 April, 2005
<Recipient Address Goes Here>
Re: Account No. <account number>
This is to inform you that because of [describe problem here], I am unable to make the full payment of [$ ??] for this month.
So, I am sending a part payment of [$ ???] along with this letter as a sign of my honesty.
I am sure that I will be able to make dual payments next month to make my account current. I would really appreciate if you can contact me to discuss a payment plan to bring my account current.
I am expecting to be able to start making regular payment by [expected time].
I am requesting you to please do not report negative markings on my credit rating for now.
I sincerely thank you for your kind understanding and for bearing with me.
In case you have any questions regarding this matter, please contact me anytime.
encl: <List of enclosed items goes here>