Request for Conversion of Credit-Card Outsrtanding Debts to Personal Loan (Sample Letter)

THE CARDHOLDER

To Whom It May Concern
The Credit Department, The Bank
Cc: Bank Negara Malaysia

Date of this letter: Monday, January 26, 2009

Reference: Request for Conversion of Credit-Card Outsrtanding Debts to Personal Loan

Kindly be informed that with the ever-increasing debts that I am having with your bank pertaining to the credit-cards usage. I am worried and I am quite certain also that I may not be able to pay as quickly as the rate that you are charging me.

Hence, I strongly insist that all these outstanding debts be immediately converted into personal loans with a fixed interest rate that is way much lower than the current 18% that you are charging me on the credit-card debts.

Your emphatic understandings and the highest degree of attention to my request herein is much appreciated indeed and I would hereby look forward to receiving your earliest feedback.


Yours truthfully,




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The applicant
Contact: