Credit Rejection Letter Sample

Sample Template Example of Credit Rejection Letter Sample in Word / Doc / Pdf Free Download

BANK / COMPANY RESPONSE EMAIL TO REQUEST ABOUT CREDIT REFUSAL FROM CUSTOMER WITH REASONS

[DATE, ex. Wednesday, June 11, 2016]

[NAME, COMPANY AND ADDRESS, ex.

John Smith

XYZ Inc.

1234 First Street

Suite 567

Anycity, Anystate  85245]

Dear [NAME, ex. John Smith],

We thank you for your interest in our [products/services] and regret that we were unable to extend credit to you at the moment.  In response to your letter of [DATE, ex. June 10], I have investigated your credit application.  Our records indicate that your application was not approved due to the following reasons:

[LIST REASONS, ex.

o your bank account balances were insufficient for the credit limit requested

o your bank accounts at XYZ Bank have not been active for a sufficient time to form a reliable credit history]

{MENTION WHETHER ADDITIONAL REFERENCES MAY RESULT IN APPROVAL, ex. Although we cannot offer you credit terms at this moment, we may be able to approve your application if you provide us with [X] additional references.}  {OFFER AN INCENTIVE TO PURCHASE, ex. Meanwhile, may I extend to you a discount of [Y]% for cash orders?}  I give you my personal guarantee that you will be pleased with our [products/services].

Sincerely,

[YOUR NAME, ex. Jill Jones]

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