1. In the sample letter, fill in your personal information. A letter of credit shall be worded as follows, except that instructions in brackets are to be replaced with the relevant information and the brackets deleted.In lieu of the Excise Tax bonding requirements this template may be used to request a Letter of Credit from your financial institution. A letter of explanation can clarify your financial situation and get you one step closer to qualifying for a mortgage. I respectfully request that your offices provide me with competent evidence that I have any legal obligation to pay you. Get your free copy here! Learn how to write an effective collection dispute letter with our guide and templates. Don't let bad credit scare you away from an apartment. Write a letter explaining credit problems to your landlord and get a fighting chance. Check Out These Results I've Got for My Clients!