December __, 2020

Dear Sir/Madam,

This is to formally request for the restructuring of my outstanding credit card

balance in the amount of _______.

I sincerely want to settle my credit but at this time, it is not possible as I lost
my job due to the COVID pandemic.

I would like to request that I pay my outstanding credit card balance in

twelve (12) monthly installments of ______ (PhP_____).

I commit to pay my monthly dues promptly should this request be granted.

Hoping for your kind consideration. Happy holidays!

Sincerely,

___________