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You Are Here: Home > Personal Finance > Credit File Help > The sympathy strategy
The last chance Default removal idea

The 'Sympathy Strategy'

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Page Summary:
If you've tried all the other Default removal strategies and they haven't worked then this is the final one - the sympathy letter strategy. This page explains in more detail.
If you've been persistent and have tried every possible angle trying to get a default removed from your credit file there's only one option left.

It's what I call the sympathy strategy. It's a long shot for sure but I have seen it work on more than a few occasions.

How the Sympathy strategy works
Forget about writing to anyone but the man at the top, so this means no one in the Customer Relations department. The person you want to write to is the Chief Executive Officer (CEO) - Google to find out who this is.

If I were writing the letter I'd do it along the following lines -

  • Explain why and how the default happened

  • Make a solid argument for why it should be removed - one area to focus on is that the default is having a horrid effect on your family, ie you made the mistake (default) and so it should be you that pays the price but your family are bearing the brunt as well - and that's not fair

  • Make sure the letter is written on a single page, as concise and polite and professional looking as possible - but no fawning or gushing

  • Maybe do some research on the person or the company in question (the internet might offer up some information), perhaps you find the CEO is a Manchester United fan, and in this case so would you be - think about trying to add something like this in the letter

  • Possibly add a light-hearted joke at the end of the letter to try to get the person on your side because it is their decision to give you a break or throw the letter in the bin
Again, the above strategy might be a strange way to go about removing a default but it has worked before and you have nothing to lose apart from the time it takes to write the letter.
Don't give up - persistence is the key
If you write a letter and get a firm 'no' then again why give up?

It will only take you 10-15 minutes to write another letter. If it was me I'd write again thanking the CEO for taking the time to reply but then ask him to reconsider his decision. But keep this letter short, no more than 3-4 sentences as you want the letter to be read in full.

Tip: Make the letter as professional as possible

  • If you don't know how to write both a professionally looking and sounding letter try to use a friend's help
  • The first impression and professionalism is all important with this strategy as you're writing to the top man
  • Also, use quality paper and print the letter out, ie don't use handwriting
LearnMoney comment:
Some people are doing whatever it takes to get a default removed and this sympathy strategy is one angle they're using. Finally, remember that a common trait among almost everyone that has managed to get a default removed is persistence - if one angle or strategy doesn't work they try again and again.

Good luck and I really hope you can get your default removed.

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