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CRDTSTND.TXT
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1987-05-31
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593b
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22 lines
Dear ____ (name):
As requested, we are replying to your recent letter of
querie regarding ________ (name) as a credit risk.
In all fairness to you, we regret that we cannot
recommend this firm. Despite the fact that we granted
generous credit privileges for ____ (time period), they
did not meet their agreed upon obligations and were lax
in their payment. Therefore, we withdrew these privileges
and now will only do business on a cash basis.
This is the only basis that we feel secure in dealing
with _______ (name of company).
Yours truly,
(name)