Since making the above agreement with you, my circumstances have changed. I cannot now afford to make the agreed monthly payments for the following reasons.
I enclose a budget summary 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.
Because of my circumstances, please agree to If you are adding interest or other charges to the account, I would be grateful if you freeze these so that the debt does not increase.
If my circumstances improve, I will contact you again.
Please send a to make it easier to pay you.
I look forward to hearing from you as soon as possible.