OTHER NAMES
Letter Requesting a Credit Referral
What is a Letter to Request a Credit Reference?
If you have a good credit history, and want to prove it to a potential creditor, you can use a Letter to Request a Credit Reference. When you've applied for credit, you might need such a reference from another creditor, so a Letter to Request a Credit Reference might be what it takes to get that new loan approved.
Sometimes your credit score alone isn't enough to convince a business of your creditworthiness. This is where a Letter to Request a Credit Reference becomes helpful; with this document you can let the credit reference speak for itself. A Letter to Request a Credit Reference can be the first step on your way to an approved loan.
When to use a Letter to Request a Credit Reference:
- You've applied for a loan and the lender wants a reference.
- You're a lender considering a new applicant.