Sample letter asking a reason for a denial of credit

Sample letter asking a reason for a denial of credit


I would like to inform you that I have received your letter in reply of my request letter for a loan. However I was alarmed on reading that my loan request has been rejected on account of bad credit history.

There surely has been a mistake since all my loan requests for smaller amounts in the past have been granted and also settled on time.

It’s my kind request to recheck your records and reconsider my application. Please find attached my records of receipts as proof of my past loan settlements. You can reach me at xxxxxxxx for further queries.

Thank you very much for your assistance.
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  • Sample letter asking a reason for a denial of credit -Smita Julka (03/31/14)
  • Sample letter asking a reason for a denial of credit


    Yesterday I received a letter from your bank stating that my request to increase the credit of my credit card is rejected. I would like to bring to your notice that I am running my savings account in your bank since last ten years. In fact, my entire family is holding their accounts in your bank with very good account history. Since I am travelling most of the times, it becomes difficult for me to make timely payments for everyday expenditures. I also have to cater to all the daily needs of my family as well as any emergency arising at the time of my absence. Sometimes, we run short of money and thereby have face critical situations as well. In order to avoid any such situations I have applied for an increase in credit, but to my surprise the request was rejected.

    Next week my mother is undergoing a major operation for which I need credit on urgent basis. The rejection letter has created a panic situation for me wherein I am left with no time to arrange for the amount required.

    I would request you to tell me the grounds on which the bank has decided on denial of credit to my account. In absence of the same I would be compelled to take legal actions and will lodge the complaint against the authority.

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