A validation of debt letter is a written statement from a creditor that provides details about a debt, such as the amount owed, the interest rate, and the payment due date. The purpose of a validation of debt letter is to provide the debtor with information about the debt and to give them an opportunity to dispute the debt if they believe it is inaccurate.
Validation of debt letters are important because they help to ensure that debtors are aware of their debts and that they have an opportunity to correct any errors. They also help to protect creditors from disputes by providing them with documentation of the debt.