Credit Denial Letter
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CREDIT DENIAL LETTER
[Bank Logo]
[Bank Name]
[Street Address]
[City, State, Zip Code]
[Tel. Nos.][Fax No.][Email Address]
[Date]
[Full Name]
[Street Address]
[City, State, Zip Code]
Dear Mr. /Ms. /Mrs. [Last Name],
This letter is to inform you that your credit application with [bank name] has been denied. After a thorough review and assessment, your collateral has been found to be insufficient to support the credit you wish to avail with our bank.
However, we encourage you to re-apply and consider presenting other documents that will improve your credit worthiness in lieu of the properties you present as collaterals. This may include the following documents: [list of documents].
If there is anything more we can assist you with, please feel free to call or email us during our banking hours.
Thank you for your interest in [bank name].
Yours truly,
[Name and Signature]
[Job Title]
[Bank Name]
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