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Letter to cancel a credit agreement before it starts

Mae’r cyngor hwn yn berthnasol i Cymru

Use this letter to let a creditor know that you want to withdraw from a credit agreement before it's executed.

Write letter

Example letter

Sam Hoolin

8 Park Avenue
Arlton
AL1 4CA

sam123@mail.com

01632 960001

18 January 2023













Giltham City Bank
24 Station Road
Giltham
GT16 3LP

Account number: 12345678

Account holder's name: Sam K Hoolin

Reference number: LL/ANO/Reminder1

To whom it may concern,

Consumer Credit Act 1974 (as amended)

On 16 March 2022, I entered into a finance agreement with you for the following: A countertop dishwasher.

I contacted you by phone on 19 March 2022 to confirm that, as the agreement has not yet been executed, I wish to withdraw from the agreement.

Please accept this letter as confirmation of my withdrawal.

Please confirm within 14 days that the above agreement has been terminated and that any monies paid will be refunded in full.

Yours faithfully,

Sam Hoolin

A oedd y cyngor hwn yn fuddiol?
Pam nad oedd y cyngor yn fuddiol?

Dywedwch fwy wrthym am pam nad oedd ein cyngor yn helpu.

A oedd y cyngor hwn yn fuddiol?

Diolch i chi, cyflwynwyd eich adborth.