Instructions

1

Give a thorough but short description of the circumstances that lead to your negative credit. Do not include extra information or irrelevant facts, and do not try to get sympathy for your situation.
2

Admit to mistakes you made that contributed to your credit problems. Explain what you learned form those mistakes and the steps you are taking to ensure you do not make those mistakes again.
3

Tell the lender or employer what you did to deal with the situation at the time. Even if your attempts did not stop the credit blemishes, interested parties want to see evidence of you trying to rectify the situation before it got out of hand.
4

Make note of how you are moving forward and the steps you are taking to create positive credit for the future. Mention current on-time bill payments and the plan you are following to get your finances back on track.
5

Give the lender or employer evidence of your income, expenses and the hardship that created your financial troubles. This can include notice of a layoff, medical records, divorce records or a statement from your state unemployment office or Department of Social Services.