Denial For Credit / Open Account

Banks and credit unions want to learn about your financial past before establishing an account with you, and they do this by running a bank history report on you. 

Denial For Credit / Open Account

(your name, street

city, state, zip)

(date)

(name

street

city, state, zip)

______________________

Dear _____ (name):

  

To tell you the truth, many of our customers prefer to make their purchases by

cash. This alleviates the anxiety of having to make late payment charges. I would

like to recommend this method to you because, as much as I have tried, I cannot

find a way to add you to our list of credit customers.

Our gathered information indicates that your payments this year have been getting

more and more behind.  Of course, this may be a result of your having a particularly

bad year.  But, we ethically cannot add to your outstanding debts.  We, of course,

hope your condition improves.

We do appreciate your considering us as a supplier and would be pleased to do

business with you on a cash-with-your-order-basis.  Our service and products

continue to be outstanding!

Sincerely,

(name)

(title)

This type of letters is fallen in bad news letter and it is an art to write such lkind of letters. For more detail CLICK HERE