This letter is an example of a Letter Of Rejection and includes all of the elements of a perfect Letter Of Rejection for you to use. This sample Letter Of Rejection can be used as a template for your needs.
Dear Mr. Johnson,
In response to your recent loan application, I’m sorry to inform you that we are unable to extend any further credit to you at this time.
Following a thorough review of your application along with its’ supporting documents, the financial board has concluded that your current financial situation precludes us from extending further line of credit to you at this time.
Once your financial circumstances improves and your level of risk exposure lowers, then we will be happy to reconsider your application at that time.
On behalf of Chase Bank, I thank you for your business and trust that we will continue to serve you in your personal business needs.