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Free Cancel Credit Advising Customer - COD Status

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Dear _________________:

 

You might recall that in our last conversation I informed you that if we did not begin receiving your monthly payments on time, we would need to cancel your line of credit and place you on a COD status.

 

Regretfully, that is the course we must now take. We will not release any more merchandise to you until your balance is paid in full. We need to receive payment for this outstanding balance by cashier's check or money order. Once that balance is paid, we will be happy to work with you on a COD basis.

 

We look forward to continuing to serve you.

 

Sincerely,

 

 

 

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