[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Breakdown of Account Arbitrage — [Account Holder's Name] Account Number: [Account Number] Dear [Recipient's Name], I hope this letter finds you well. As the [Account Holder's Name], I am writing to request a detailed breakdown of the account arbitrage for the aforementioned account held by [Company Name] in Rhode Island. I aim to gain a comprehensive understanding of the outstanding balance and the contributing factors for the arbitrage. [If applicable, mention any previous attempts to obtain the breakdown or clarify arbitrage concerns] To ensure clarity and transparency, I kindly request that you provide a detailed breakdown of the account arbitrage, including but not limited to the following: 1. Principal Balance: The original amount of the outstanding debt as of [date]. 2. Interest Charges: A clear breakdown of the applied interest charges over time, including the percentage rate(s) used for each period. 3. Late Payment Fees: A breakdown of any late payment fees that have been added to the account, along with an explanation of how they were calculated and when they were imposed. 4. Penalties: Any penalties or additional charges incurred due to defaulting on the payment terms should be detailed with an explanation of their calculation and application. 5. Payment History: Providing a historical overview of the payments made, including dates and amounts, will enable me to reconcile my records with [Company Name]. 6. Any Other Applicable Charges: Please disclose any other charges that have contributed to the account arbitrage, such as legal fees or servicing charges. I understand that under the Fair Debt Collection Practices Act (FD CPA), I have the right to obtain validation of the debt and request a detailed breakdown of the account arbitrage. It is crucial for me, as a responsible consumer, to be knowledgeable about my financial obligations to ensure accuracy and facilitate prompt resolution. I kindly request that you provide the account breakdown within [specific timeframe, e.g., 14 days] of receiving this letter. Please forward the requested information to the address provided above or through email at [Your Email Address]. Should you require any further documentation or information to process this request, please do not hesitate to contact me. I strongly believe in resolving any outstanding issues amicably, and I trust that your compliance with this request will lead to a prompt resolution. I appreciate your attention to this matter and eagerly anticipate your timely response. Thank you for your cooperation. Sincerely, [Your Name]