Name/Title Mary Roe
Address 795 E Dragram
City, State, Zip Code Tucson, AZ, 85705
Subject: Letter of credit
Respected Mr. Close,
I would like to apply for car loan with your financial institution amounting to $3000. Currently I am working with reputed firm as Sales Manager from last three years, drawing a salary of $40000.
I understand and know about your loan policy, that you grant credit to individual who have good credit rating and I can prove you through my documents about my credit rating which is positive.
I agree to pay you the loan in next two years with interest of 15% as per your company policy. I would be highly grateful if you consider my application and process my car loan. I am enclosing a copy of my employment details and other documents with this letter.