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credit cards Archives - Wikitechy Letters https://www.wikitechy.com/letters/tag/credit-cards/ Wikitechy Letters Tue, 18 Jul 2017 15:47:11 +0000 en hourly 1 https://wordpress.org/?v=6.0.3 https://www.wikitechy.com/letters/wp-content/uploads/2020/03/icon-65x65.png credit cards Archives - Wikitechy Letters https://www.wikitechy.com/letters/tag/credit-cards/ 32 32 Cancel Customers Credit Card https://www.wikitechy.com/letters/cancel-customers-credit-card/ https://www.wikitechy.com/letters/cancel-customers-credit-card/#respond Tue, 18 Jul 2017 15:47:11 +0000 https://www.wikitechy.com/letters/?p=421 Cancel Customers Credit Card-A cancellation letter is basically a form of communication to inform a service provider, institution or a company

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A cancellation letter is basically a form of communication to inform a service provider, institution or a company that the writer is dissatisfied with membership, person or company and would like to discontinue it or cancel services. It should contain the details necessary like the name and other account related details.

Cancel Customers Credit Card Writing Tips:

  • Provide all the necessary details –  Provide all the details about why you are canceling, complaints and card details.
  • Clearly mention the reasonBe very specific and explaining why you are canceling with necessary details.
  • Avoid giving wrong informationProvide information to the reader only if it is correct and authentic. Never lie or provide wrong information to convince readers.
  • It can either be formal or informal depending on the nature of the event.
  • It is a very important document and hence should be delivered to the corresponding person with care.
  • Keep it short and to the point. Limit the letter to one page if possible.

Cancel Customers Credit Card Template

Use our free Cancel Customers Credit Card to help you get started. Simply download the .doc or pdf file and customize it. If you need additional help or more examples check out some of the sample letters below.

Receiver’s Name

Receiver’s Address

Date:________

Subject: ____________[Mention the subject}

Dear Ms/Mr                       [Mention the name of recipient]

It is with regret we announce that we will be canceling your credit card with the no. __________[Mention credit card number], due to irregular payment.

We have informed you earlier in our previous letters that you have not been paying the due interest on the amount deducted from your credit card. As no communication was received from your side stating the reasons for the delay in payments we are forced to cancel the credit card.

We expect you to contact us at the earliest and make the payments at your nearest branch.

Yours,

Name

Designation

Cancel Customers Credit Card Sample, Email and Example/Format

 Sample

Ms Rachel Dawes

17 Kart road,

Al Karama, Dubai.

Subject: Cancellation of credit card

Dear Ms. Rachel,

We are writing to you to inform about the successful cancellation of your card with the no. 12340001111. We have finished processing your request for cancellation because of the card being stolen from you.

We appreciate the steps you have taken and the bank will be providing you with a new card within the next two weeks. You would have to collect the card from your nearest Al Arab bank branch. We value your association with our bank and please fee free to contact us in case of any queries.

Thanking you,

Yours sincerely,

Mustaq Mohamed

Division Manager- Al Arab Bank

Email Format

Subject: Cancellation of credit card

Dear Ms/Mr. ____________

It is with regret we announce that we are cancelling your credit card with no. ___________ (credit card number) , due to irregular and late payment.

We have informed you earlier also in letters dated _________ (date) that you have been not been paying the due interest on the amount deducted from your credit card. As no communication was made from your side stating the reason for the delay in the payments we are forced to cancel your card and bare all transactions to be made from it.

You have failed to pay last 5 installments of interest and amount in your account is too low to make any deduction.

We expect you to contact us at the earliest and make the payments, hence we may have to cancel and close your account.

To gather more information in this regard you may contact the manager at your nearest branch.

Yours

Name

Designation.

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Credit Application Letter https://www.wikitechy.com/letters/credit-application-letter/ https://www.wikitechy.com/letters/credit-application-letter/#respond Mon, 17 Jul 2017 15:56:12 +0000 https://www.wikitechy.com/letters/?p=251 Credit Application Letter-When an object is bought without paying money, it is said to have purchased on credit. The credit application letter is usually issued by guarantors,

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When an object is bought without paying money, it is said to have purchased on credit. The credit application letter is usually issued by guarantors, bankers and the person who gives surety in case the debtor is not able to make the payment of the dues.

The letter should be drafted in a way that it should take into confidence the owner of the goods regarding the sincerity of the party.

Credit Application Letter Writing Tips:

  • .As it is a formal letter, it has to be simple, precise and easy to understand.
  • The content of the letter should be straightforward and short. But at the same time it should contain all the necessary information.

Credit Application Letter Template

Use our free Credit Application Letter to help you get started. Simply download the .doc or pdf file and customize it. If you need additional help or more examples check out some of the sample letters below.

To,

__________ (customer’s name)

__________ (customer’s address)

__________

__________

From:

______________ (Your name)

______________ (Your address)

__________________

Date __________ (date of writing letter)

Dear Mr. /Ms__________ (name of the concerned person),

We are happy that you have business interest in our company and we always strive to serve our customers to the best of our abilities. You have been one of our valuable customers all these years.

We are seeking a credit application form from our customers so that we can offer them our goods at competitive and reasonable prices. Though we are aware of the fact that the information we want is sensitive in nature, we give you assurance that the same information is sought from all the customers so that we can give protection to you from making payment of higher prices because of the fault of other customers’ bad credit.

We have enclosed a credit application letter along with this letter. Please fill in the details at the earliest and send it to us.

After we receive the letter from you, we can give you a thirty day payment term after approval.

Thanks and regards

……………………….(name and designation)

Credit Application Letter Sample, Email and Example/Format

Sample

 To

Bhaskar Ranjan,

45, Highrise Towers,

Abids,

Hyderabad

30th September, 2013

Subject: Credit Application letter

Dear Mr. Ranjan,

We are glad that you have interest in our company for business purpose and we strive to serve our customers in the best of our interests. We recognize the fact that you have been a valuable customer for our company for the past several years.

We request our customers to give a credit application so that we can offer our products at competitive and reasonable prices. We are aware of the fact that the information we request for is sensitive in nature.

However please understand that we seek the same information from all our customers so that we can protect you from making payment of higher prices because of other persons’ bad credit.

We request you to fill up the enclosed application form and send it back to us at the earliest. We can offer you a thirty day payment term after approval.

Looking for a favourable response,

Thanking you,

Yours Sincerely,

Arjun Pandit

Email Format

14710 Fourth St NE
Andover, MN 55304-6056

23rd October 2010.

Subject: Credit application letter.

Dear Latonya,

We are pleased of your interest in our company and we hope to serve you to the best of our abilities.

In order that we may provide you with reasonable and competitive prices, we ask all our customers to submit a credit application. We understand that the information we require may be sensitive.

However, rest assured that by requiring the same information from all our customers, we are protecting you from having to pay higher prices for someone else’s bad credit.

Could you please fill the enclosed application and forward it to us at your earliest convenience so that we may extend to you a 30-day payment term upon approval?

Yours Faithfully,

Antonia Ingram.

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