Car Loan Cancellation Letter Sample

Learn how to write a car loan cancellation letter. Use our sample car loan cancellation letter as a template for your loan cancellation letter.

Sample car Loan Cancellation Letter

Name
Address
City, State, Zip Code

DATE

Name of Loan Officer
Name of Lending Institution
Address of Lending Institution
City, State, Zip Code

RE: Requesting cancellation of car loan application #555321

Dear Name of Loan Officer,

This letter is a formal request to cancel the car loan application I filed with [Name of Lending Institution] on [DATE]. I also submitted the documents you requested for approval of the car loan on that date.

I understood when I called you on [DATE] that I will lose my application fee and that there is no cancellation fee.

Even though I was told by you that I would receive knowledge of acceptance or rejection within two weeks of the date I filed the application, I have not received any notice to date.

Since I didn’t receive notice during the time you mentioned, I made other loan applications to other lending institutions.

I have since been granted the type of loan I require, and would like to cancel the application I submitted to you.

I have completed and enclosed the forms you gave me for requesting a cancellation of my loan application, and request notification in writing that my loan application is cancelled.

I also request that you return all the documents I submitted to you with my application as soon as possible, so that I can submit them to the new lender.

Please contact me at [555-123-4567] or at name@email.com to tell me when I will receive my documents or give me a time when I can collect them from your office.

Thank you for your quick attention to this matter.

Sincerely,

Signature
Printed Name
List of enclosures: Cancellation Forms