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Explanation Of Credit Rejection
EXPLANATION OF CREDIT REJECTION
[Date]
[First Name of recipient] [Last Name of recipient]
[Company Name of recipient]
[Street Address of recipient]
[State of recipient] [Zip Code of recipient]
Dear [Mr./Mrs. recipient] [Last Name of recipient]:
Per your request dated [Date of request], we are providing you with an explanation of why your application for credit was refused. Our reasons for declining to extend credit to you are based on the following information that we received: [Reason for refusal]
We appreciate your past patronage and welcome your future business; if you believe the above information is incorrect, please do not hesitate to write to us at your convenience.
Thank you,
Signature Date