You can close your credit card without writing a letter, but sending a letter gives you physical proof that you requested your account to be closed. You may even choose to call your credit card issuer first to close your account, and then follow up with a letter for your records. "Need an Address for Mailing Things to Capital One?" 1 Posts . Somer G. Anderson is an Accounting and Finance Professor with a passion for increasing the financial literacy of American consumers. Get easy credit for your export business. CREDIT CARD NUMBER NAME OF CARD MEMBER REASON FOR CARD CLOSURE Is there any loan active on the card YES NO [Insta loan / Smart EMI / Jumbo Loan] Please note, incase of loan active on the card account same will get preclosed attracting a preclosure fee [if applicable ] at 3% of the balance loan amount and the same stands payable on account of card closure. I now have … Wait it Out. It is 2 months now since I started this process but with no satisfaction, and I have been "million" times to the branch as help is not available over the telephone or email. nais ko lang pong idulog sa inyo ang sitwasyon ng asawako about sa loan ny at credit card..may loan po siya sa dunia (50k dhs) na hinde na nabayaran due of financial problems and lost of job.at sa FGB naman po ay credit card arouind 40k dhs na lumaki ng lumaki dahil sa interest at penalty.siya po ay nakulong na ng 2 beses dito sa AUH at nagbayad ng fines na 1000dhs at binigyan naman po siya ng clearance ng … A clearance certificate is a letter, issued by your debt counsellor, which states that you have settled all your debt as per your debt restructure plan. Mashreq offers credit cards, designed to fit your lifestyle. The letter might come in handy if there's a future discrepancy over when your account was closed or that you requested your account closed at all. If there's ever a question about whether you closed your account and when, you'll have the letter to back up the fact that you closed your account. Share to Twitter Share to Facebook ← Newer Post Older Post → Home. Closing Bank Accounts and Your Credit Score. I recently received a bill of amount Rs. The judge ruled against the applicant. ECS Credit and Debit; Merchant Services; PayZapp for Business; Doorstep Banking; Direct Pay Mode of Payment; ENet; Cash Management … Letter Requesting for Bank Credit. You can customize your own letter, too, but be sure to include your name, billing address, and account number so the credit card issuer can identify your account. "I Want to Close My Credit Card Account. Mashreq Gold Credit Card. Sample Letter for Closing Your Credit Card Below is an example of what to say in a letter to close your credit card. Furthermore, send me a written confirmation letter that my account has been closed. Tags: car loan settlement letter, certificate of car loan removal, clearance letter, hypothecation withdrawal, sample business letter; Comments: No comments; Email This BlogThis! If you have any recurring bills being charged to this credit card, make sure you change them to keep them from being declined (and your services cancelled). Although, there are a few things which are required to be on the letter. The clearance letter is a legal proof of closure of your loan or credit card, and it is an important document that can help you avoid any possible disputes with the lender in the future. Discussion Starter • #1 • Nov 10, 2012 (Edited) I used to hold credit cards from Barclays, Mashreq, Standard Chartered etc in DUbai. Our cards provide rewarding experiences, while offering you peace of mind and flexibility. The same can said of. My Credit card number is 00000000. i am working here in canada, on my first year here i fully paid my credit cards and personal loan in the philippines that is 2004. last 2007 a collecting angency sent a letter that i had debt in my credit card rcbc card which i know that i dont have a balance before i left the country but i didnt close it.my sister show them my documents of payments they told that is the the one they are collecting to me it is rcbc credit … Liability Certificate is proof that all dues have been cleared and that the cardholder owes nothing than. Accounts are closed properly ; written documentation representative daily going to the bank for collecting the... Certificate is proof that all dues have been cleared and that the cardholder owes nothing more to the for... The fine debts were resolved through debt forgiveness and some were paid or settled for lesser amounts interest... 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