This review list is offered to educate you about the document and to aid you in preparing it. Again, a structured approach yields the best outcomes. You may also contact creditors and make comparable requests. However, transcription errors and other factors tend to reduce the number of appropriate responses to fewer than desired levels. It is preferable to send a formal letter with copies so that you have a collection of documentation to refer to if additional or third notices are required. If this becomes essential, we recommend just noting it on a copy of the initial letter. This creates a more lasting impact. Firm, direct, and precise.
This is a solicitation letter. You’re attempting to persuade the receiver to swiftly respond to your letter. Being pleasant assists in this endeavor, as well as reflecting positively on you. Attaching the credit rejection letter eliminates the delay created by them requesting a copy and encourages them to respond quickly to this coordinated request.
Ascertain that the party who was declined signs the letter. A signature from a spouse or other family member will not suffice. The writer’s signature should be exactly as it appears on the credit rejection letter (for example, using or deleting middle initials as done in the letter). Save a copy of the message until you receive a response from the recipient.
Three Major US Credit Reporting Agencies
Equifax
P.O. Box 740256
Atlanta, GA 30374-0256
800-685-1111
Trans Union Corporation
P.O. Box 34012
Fullerton, CA 92634-4012
714-738-3800
TRW – NCAC
P.O. Box 2106
Allen, TX 75002-2106
800-422-4879
Credit Denial, Request for Clarification-Credit Reports
Date:
Name of Creditor Denying Credit:
Address of Creditor Denying Credit:
File Number, if any:Dear Sir or Madam: Reference: Application for Credit Rejected
My request for credit was denied by your firm, or because of your firm’s recommendations and reports, per the information listed above.In accordance with the provisions of the Federal Fair Credit Reporting Act, I hereby request the following, as I am entitled to, under this Statute and other related regulations:
1. Full and complete disclosure by you of all reasons for the denial of credit by your firm.
2. Specifics of the information upon which the denial of credit was based; and
3. The name, address, and any other useful contact information of the credit reporting agency or agencies which provided you with the information upon which you based your reason for denying me credit.
Thank you for your prompt assistance in this matter so I can work diligently to be sure the records are accurate and help me become a better credit risk in the future.
Best regards,
____________
Creditor denied creditEnc. Credit Rejection Letter
Credit Denial, Request for Clarification-Credit Reports
Review ListThis review list is provided to inform you about the document in question and assist you in its preparation. Once again, an organized approach is the best way to get the best results. You can call creditors and make similar requests. However, transcription errors and such tend to cut down the proper responses to less than you would like. Better to send a formal letter, making copies, so you have a set of documents to follow up with if second or third notices are required. If this becomes necessary, we recommend you just make that notation on the copy of the first letter. This makes a bigger impression. Firm, clear, and to the point.
This is a sales letter. You are trying to influence the recipient to respond to your letter promptly. Being nice helps in that regard as well as reflecting well upon you. Attaching the credit turn down letter prevents delay caused by them having to request a copy and encourages them to respond promptly to this organized request.
Be sure the party turned down signs the letter. A spouse or other family member signature will not be sufficient. The writer should sign exactly as his or her name appears on the credit rejection letter (for example, using or deleting middle initials as done in the letter). Keep a copy until at least you receive a response from the recipient.
Three Major US Credit Reporting Agencies
Equifax
P.O. Box 740256
Atlanta, GA 30374-0256
800-685-1111Trans Union Corporation
P.O. Box 34012
Fullerton, CA 92634-4012
714-738-3800TRW – NCAC
P.O. Box 2106
Allen, TX 75002-2106
800-422-4879
