Step 3 Choose your debt solution 3 Token payment or no offer of payment sample letter Use this letter to ask your non-priority creditors to accept a token payment or no payment on your debts. You can either:  write out this letter onto fresh paper;  photocopy the blank copy in the pocket at the end of the guide and fill in your details; or  fill in our letter online. Go to www.nationaldebtline.org and click on Sample letters. Remember to keep a copy of any letters you send. Add your address here Add the creditor’s name and address here Add the date here Dear Sir or Madam Add the account number for Account number: your debt here (find it in the Since making the above agreement with you, my circumstances have letter from your creditor) changed. I can no longer afford to make the agreed monthly payments for Briefly tell your creditor how the following reasons. your situation has changed I enclose a Summary budget for creditors which shows my total income and my total outgoings. As you can see, I have no money left to make offers of payment to my creditors. Choose one of these Because of my circumstances, please agree to suspend payments for six options only months / accept a token offer of £1 a month for the next six months. If you are adding interest or other charges to the account, I would be grateful if you would freeze these so that the debt does not increase. Delete if you are asking If my circumstances improve, I will contact you again. creditors to suspend Please send me your details so I can set up a standing order to pay you / payments information about the different ways that I can make payments to you. I look forward to hearing from you as soon as possible Add your signature here Yours faithfully and print your name in capitals underneath it Page 89