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debt collection and change of payment terms

by Mandy
(Florence, sc usa)

How do I write a letter to a company changing their payment terms to credit card only since they are and have bee delinquent on payments?




Hi Mandy,

Personally, I would not continue to supply the delinquent company until they settle their debt. You can see my advice on sending reminder letters on unpaid billings at http://www.writing-business-letters.com/unpaid-billing.html

The letter you requested would be something like this:

We note that your account is consistently overdue for payment.

As such, we are revising your payment terms to cash or credit card upon an order.

Regards,
Dax


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