Free Declined Loan Application Letter Template
Declined Loan Application Letter
October 1, 2050
Savannah Armstrong
606 Ash Street
Hillcrest, CA 90220
Dear Savannah Armstrong,
We are writing to inform you about your recent loan application status with our institution. After careful consideration by our Credit and Risk Assessment Team, we regret that your application has been declined.
The decision was based on various factors, including your current financial status and credit history. Our policies require us to ensure our clients' financial stability for both their protection and ours. Unfortunately, at this time, we believe that granting the requested loan may cause financial strain.
We appreciate your trust in our institution and apologize for any inconvenience this may cause. We invite you to reapply after a period to allow for any changes in your financial circumstances to take effect. We remain at your disposal should you need any further assistance or clarification regarding this matter.
Sincerely,
Athaliah Williams
Credit Manager
[Your Company Name]
