Credit Approval Request Letter

It is very helpful when you have a template ready if a customer is already approved to apply for a credit card in your bank, this sample letter is very unique and very compelling.

How to write a credit approval request letter to a customer?

Tips on writing a credit approval request letter:
According to the law consumer and commercial credit is treated differently, make sure any credit approval complies with applicable laws. Consumer credit requires a variety of disclosures, in case it's required, the letter your write would be only a cover letter discussing the general terms of the loan and referring to attached disclosure forms. 

Sample guide for credit approval request letter:
Below is provided a sample letter. You can download it and use it after making changes as per your requirements and criteria. We are not only providing you tips, but also a sample cover letter that you can use after certain edits. Here is a sample letter for your guidance:

To Whom It May Concern / Dear Mr., Mrs., Dear {{Name}},

We are pleased to advise you that after receiving satisfactory references, credit facilities are now available to you. We confirm our main conditions of trade which are: Invoices are due for payment 30 days after invoice, directly to our bank Your monthly Credit Limit is {{currency and amount}} No goods will be issued on credit if your account is overdue by even one day. All other conditions are detailed in the Terms of Credit Agreement, signed by you on {{Date}} We must point out that our Collection of Overdue Accounts Policy, detailed in the Terms of Credit Agreement, will be strictly adhered to.Our banking details are {{Bank Name}} {{Bank Address}} {{Account Number}} {{Sort Code}} 
Yours faithfully,

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