The affordable repayment offer letter
A pro-rata offer with a budget attached is the standard of the debt-advice world for a reason: it is very hard to refuse reasonably.
When to use this
Use this after your budget is done and any interest-freeze request is in. One letter per creditor, same structure, different numbers. It suits multiple unsecured debts where a Debt Management Plan is not (or not yet) in place.
The letter
Your name Your address [Date] [Creditor name and address] Account/reference: [number] Dear Sir or Madam, Following a full review of my finances, I enclose my income and expenditure budget. It shows total monthly surplus of £[surplus] available for all my non-priority creditors after essential living costs and priority commitments. I owe [number] creditors a combined £[total unsecured]. Your account represents [X]% of that total, and I therefore offer £[pro-rata amount] per month, which is your proportional share of my available surplus. I ask you to accept this offer, freeze interest and charges so the balance reduces, and confirm acceptance in writing. I will review the offer every [6/12] months or sooner if my circumstances improve, and payments will begin on [date] by [method]. Yours faithfully, [Name] Enc: income and expenditure budget
Before you send it
The arithmetic must be checkable: surplus × (their debt ÷ total debt) = their offer, to the pound. Send every creditor the same budget. Start paying the offered amount even if they have not yet accepted — the payment record itself becomes evidence of good faith. If the surplus is £0 or negative, this is the wrong letter: that situation needs the freeze letter, a token-payment variant and, honestly, free debt advice.
Keep a copy of everything you send, send by a method you can evidence, and if your situation involves court deadlines or enforcement, free debt advice before posting anything is the better order of events.