Name/Title Mary Roe
Address 795 E Dragram
City, State, Zip Code Tucson, AZ, 85705
Sub: Credit Decline
Dear Mr. Hudson,
This is in regards to your home loan application for an amount of $400000 on 1st June. It’s our company policy to check the credit rating of the individual applying for the loan. Therefore we have checked your credit rating and found that it’s negative.
You have applied for loan before with our bank and defaulted in making the payment and therefore as per our bank policy we don’t give loan to individual who have defaulted on the payment.
We request you to clear your previous payment before applying for the new loan with our company. If you want we can discuss and help you in making the payment. You can contact us on 1234-567-890.
Sincerely,
Larry Smith
Credit Manager
Golden Credit Agency Pvt. Ltd
Near Cathedral Park, The Mall
Westminster, United Kingdom