HELP!!! I WILL RATE!!!

Instruction: Here is a case letter that you will need to compose. Make sure you read the case thoroughly and include all of the pertinent facts in your letter.

CASE: Customer with Bad Credit is Denied a Loan

James and Sally Gonzalez applied for a $35,000 loan from a personal finance firm after deciding to build an extension to their home. According to a consumer credit report, he has a history of late payments. On more than one instance, they only paid after a series of obnoxious collection attempts.

Write a denial letter as the manager of the local branch of the financing firm, Island Finance. Provide the consumer reporting agency's name, address, and phone number (you may get this information on the internet) and encourage James and Sally Gonzalez to come in to discuss the refusal.

Letter:

1. Prepare the letter in block style with mix punctuation.

2. Two paragraph letter

3. Prepare a letterhead

4. Address of the recipient is:

Mr. and Mrs. Gonzalez

P.O. Box 321

New York City, NY 10036