EXPLANATION OF CREDIT REJECTION
Date:
_______________________
To:
_________________________
Per your request dated ___________________(month
& day), ______(year), 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:
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
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.
__________________________________ ___________________
Signature
Date