Loan Application Cancellation Letter

[YOUR NAME]

[YOUR ADDRESS]

[YOUR CONTACT NUMBER]

March 8, 2050

Jane Clear

Anytown Bank

456 Finance Avenue

Anytown, NY, 10002

Dear Ms. Clear,

I am writing about a loan application that I submitted recently. After a careful review of my personal and financial situation, I have decided to retract my application.

I am fully aware of the implications of this action and understand that the cancellation of my application will mean that I may need to reapply and go through the entire process again, in case I decide to pursue a loan from Anytown Bank in the future.

With regret, I would kindly ask you to ignore the paperwork associated with my loan application and accept this letter as a formal request for the cancellation of the same. I would appreciate it if you could confirm the receipt of this letter and notify me about the cancellation of my application at your earliest convenience.

I am sorry for any inconvenience this may cause and I would like to thank you in advance for your understanding and immediate attention to this matter.

Yours sincerely,

[YOUR NAME]