Credit Denial Letter

CREDIT DENIAL LETTER

[Bank Logo]
[Bank Name]
[Street Address]
[City, State, Zip Code]
[Tel. Nos.][Fax No.][Email Address]

[Date]

[Full Name]
[Street Address]
[City, State, Zip Code]

Dear Mr. /Ms. /Mrs. [Last Name],

This letter is to inform you that your credit application with [bank name] has been denied. After a thorough review and assessment, your collateral has been found to be insufficient to support the credit you wish to avail with our bank. 

However, we encourage you to re-apply and consider presenting other documents that will improve your credit worthiness in lieu of the properties you present as collaterals. This may include the following documents: [list of documents]. 

If there is anything more we can assist you with, please feel free to call or email us during our banking hours.

Thank you for your interest in [bank name].

Yours truly,

[Name and Signature]
[Job Title]
[Bank Name]