Credit Refusal Letter (English letter writting)

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Credit Refusal Letter

21st June 2019

83 Grafton Road
Private Bag 92 609,
silicon, Pune 411004

Pawan Adobe
21 Carnegie Road
silicon, Pune 411004

Dear Pawan Adobe,

This letter is in response to your request made to us about extending your credit card limit to 20000rs has been declined. You have already exceeded your limit of credit and are already being penalized for that with extra interest. Moreover, the deploring state of the economy has led us to change our credit policies under which you would have been paying more interest. Yet, we have not levied any interest as per the change in policies.

We had already updated you about these through post and email. We regret reminding you about this information but we need to make ourselves very clear so that there is no misunderstanding.

You have been our valued cusPawaner for a long time now, so we can assure you that as soon as our credit policies change, you will be immediately informed. We hope that this does not affect our business relationship in any manner and that we can continue our mutually beneficial partnership.

Looking forward to a better future.

Jems S. Alvero
Relationship Manager
Contact – 1524325

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