Reply to Request About Credit Rejection

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date

{{date}}

Applicant Information

{{applicant_name}}

{{applicant_address}}

Subject: Your Credit Application – Reference: {{application_reference_number}}

Dear {{applicant_name}},

Thank you for your recent application for credit facilities with {{company_name}}. We appreciate your interest in establishing a business relationship with us.

Credit Decision Notification

After careful consideration and review of the information provided in your application and from various credit reporting agencies, we regret to inform you that we are unable to approve your request for credit at this time.

This decision was based on a comprehensive assessment of our credit criteria, which are applied consistently to all applicants. While we understand this news may be disappointing, we want to assure you that this decision was made after thorough evaluation.

Reasons for Rejection

The primary factors contributing to our decision include, but are not limited to, the following:

- {{reason_1_e.g._insufficient_credit_history_or_poor_credit_score}}

- {{reason_2_e.g._high_debt-to-income_ratio}}

- {{reason_3_e.g._adverse_credit_report_information}}

We encourage you to obtain a copy of your credit report(s) from the relevant credit bureaux to understand the specific details that may have influenced this decision. You have the right to dispute any inaccurate information on your credit report.

Future Application

We understand that circumstances can change, and we would be willing to reconsider a new application from you in the future, typically after a period of {{months}} months, should your financial situation or credit profile improve. We recommend taking steps to address the factors mentioned above before reapplying.

Should you wish to discuss this decision further or require clarification on our credit policies, please do not hesitate to contact our Credit Department at {{credit_department_phone_number}} or email at {{credit_department_email_address}}.

Disclaimer

This letter serves as notification of our decision and does not constitute financial advice. We are committed to transparency and fairness in all our dealings.

Signature Block

Sincerely,

{{your_name}}

{{your_title}}

{{company_name}}