Category: Credit Letters

To,

Norman creed

Branch Manager

Union Bank of Credit

34 Regina High Street

Holly Wood, Los Angeles 6789

Dated: 23^rd of February 2012

Subject: Application for home loan

Respected Mr. Creed,

I would like to apply for a home loan from your credit lending organization for an amount of $75000.

I am currently working in a reputed organization, Sun Rise Technologies in the respectable position of a software engineer. I draw an annual salary $60000. I would also like to bring to your notice that I have an excellent credit rating. I have always cleared my outstanding dues by due date and have never defaulted in making payment.  I also have a good credit score with Trans Union.

I would be grateful if you process my loan request as soon as possible as I am badly in need of it.  I am enclosing photocopies of my last two month’s salary and my credit report along with the letter.

Thanking you,

Nick Carter

To,

Jim Courier

56 Green Wood Road

New York, New jersey 5678

Dated: 12^th of June 2011

Subject: Authorization of the credit applied

Dear Jim,

This is in regards to the home loan applied by you for an amount of $50000 on 1^st of June 2011. We would like to inform that your loan amount has been authorized.

After an individual applies for loan from us we do a credit check on the individual. We check the credit history and credit rating of the person. We have done a similar check on you and we found that you have a good credit rating. There is no outstanding amount from your previous loan and you have always made timely payments. The loan authorized will be for a period of ten years and the interest amount charged will be 10% compounded annually.

We are enclosing a form along with the letter which you need to sign and return.

Regards,

Roger Moore

Credit Manager

National housing Loan

To,

John Woo

Credit Analyst

Indus Union Credit Institution

23 Aspen High Road

North Dakota, New Jersey 4567

Dated: 23^rd of March 2012

Dear Mr. Woo,

This is regards to the personal loan held by me under the account number 56789 and offered by your credit institution on 20^th of March 2012. I would like to thank you for approving my loan.

I had applied for a personal loan from your credit institution on 10^th of March 2012 for an amount of $50000. I was badly in need of the money as I required it for my mother’s surgery. Above that I had forgotten to renew my insurance so had to apply for the personal loan. I am really grateful to you and your organization that you analyzed my credit history and gave a positive feedback about my credit worthiness.

Once again thank you for approving my loan in this time of need.

Thanking you,

Christian Bale

To,

Nathan Lee

Human Resource Manager

Great Finance Limited

Carolina, New Dakota 7890

Dated: 1^st of March 2012

Subject: Applying for the position of credit analyst

Respected Mr. Lee,

This letter is in response to the vacancy in your organization for the position of a credit analyst. I would like to apply for the same position.

I have work experience of five years in the credit industry and I have work experience of two years in the position of a credit analyst. I have been working with National Union Bank since last two years as a credit analyst. I have a great knack for analyzing credit applicants and evaluate the credit risk involved.  I have completed my MBA with specialization in finance from the prestigious Colorado Business School in the year 2006.

I can assure that if you hire me I will be an asset for the organization. Please find my resume enclosed.

Thanking you,

John Woo.

To,

Nancy Myers

34 Tango Charlie Lane

North Brooklyn, Illinois 8478

Dated: 21^st of March 2012

Subject: Letter for credit inquiry

Dear Miss. Myers,

This letter is in regards to the home loan that you had applied from our bank on 15^th of March 2012 for an amount $200000. In order to approve the loan we need to make an inquiry about your credit history.

As you must be knowing that after any individual applies for a loan, it is mandatory for us to check his credit history. Based on the inquiry made by us we decide whether to approve the loan applied by the person. We have to check the person’s credit worthiness and credit rating maintained by various credit bureau. We would also like you to provide with information about your current credit status and provide us with a photocopy of your credit report.

I hope you understand that this inquiry is a standard procedure and cooperate with us. Please collect all the needed documents and meet our representative at the office.

Regards,

David Boon

Credit Manager

Housing Development Credit Bank

———————-

Credit Letters

To,

Terry Iron

Assistant manager

Credit Card Department

JP Morgan Bank

59 East Side Road,

Iowa, Illinois 5678

Dated: 3^rd of March 2012

Subject: Reference letter for credit

Respected Mr. Iron,

This in regards to the credit card applied by our client Jeremy Winter from your bank for a credit limit of $20000.  I would like to refer Jeremy Winter so that he can be allowed credit.

Jeremy Winter holds a mortgage loan with us. The mortgage loan is a for a period of ten years and it has been three years since the loan period started. Since the loan amount has been processed, he has been paying the installment amount every month on time.  There has not been a single default in the loan repayment. He is one of our most valuable customers.

I would like to request you to process the credit card that he has applied for.

Thanking you,

Danny Boyle

Loan Department Head

National Mortgage Limited

To,

Tony Hanks

Finance Department Head

Gas Garments Limited

56 Straight Drive Road,

New York, New Jersey 8689

Dated: 2^nd of May 2012

Subject: Letter of credit dispute

Respected Mr. Hanks,

This is in regards to the credit applied by your organization in the form of a business loan for an amount of one million dollars on 25^th of April 2012. There is a certain dispute in providing the credit amount.

After any client applied for loan from us, we do a credit check of that client. Similarly we  did a credit check of your organization. We found that the credit rating of your organization is negative. Your organization had earlier applied for a business loan in which there is a default in making payment and the loan amount has not been cleared.

I would request you to clear off the outstanding amount  and apply to us three months afterwards.

Regards,

Brad Pit

Branch Manger

Credit Provider Bank.

To,

Tammy Horse

Lending Manager

International Finance Limited

783 Big Highway Road

Florida, Los Angeles  6789

Dated: 12^th of March 2012

Subject: Applying for Credit for doing trading

Dear Mr. Horse,

I would like to apply for credit from your financial institution for an amount of $15000 for the purpose of making payment to the supplier.

My organization Raw Garments Limited specializes in supplying raw materials to various garment manufacturing companies. I buy the products to manufacture raw materials from various suppliers. The whole process of   buying goods from supplier and the selling the manufactured raw materials to the clients involves a time period of three months. Thus I would return the credit amount in three months time by paying en equal installment each month. I am aware about the interest amount charged and ready to bear that.

I would request you to approve the credit amount. I am also enclosing business report of my organization with this letter.

Regards,

Roger Moore.

To

______________ [here write the name of the recipient]

______________ [write the profile of the recipient]

______________ [write the name of the financial institution]

______________ [write the address of the institution]

_______________ [write the date of sending the letter]

________________________: [write down an appropriate subject for the letter]

Respected Sir/ Ma’am,

I would like to apply for credit from your financial institution for an amount of ______ [amount of credit required]. The credit will be in the form of ______ [type of credit].

I would pay back the credit amount in ______________ [loan term] years. I am aware about the interest rate of __________ [mention the interest rate] that you would be charging and agree to pay that.

I would be highly grateful if you consider my application and process my __________ [type of loan] loan. I am enclosing a copy of my ______________ [mention the details of the documents enclosed with the letter].

Thanking you,

_______________ [write the name of the sender]

_______________ [write the address of the sender]

To,

Glenn Close

Assistant Manger

Credit Department Head

United Finance Limited

67 Universal High Street

New York, New Jersey 6789

Dated: 12^th of May 2011

Subject: Letter of credit

Respected  Mr. Close,

I would like to apply for credit from your financial institution for an amount of $3000. The credit will be in the form of a car loan.

I am planning to buy a new car, but I need the amount required for down payment. I am currently working in the position of a customer care executive for  Genesis Private Limited and have a monthly income of $2000. I agree to repay the car loan in five years time. I am aware about the 15% interest rate on the loan and agree to pay that too.

I would be highly grateful if you consider my application and process my car loan. I am enclosing a copy of my employment details and other documents with this letter.

Thanking you,

Nathan Lee.