A review of your account indicates a present balance of
$ [dollar amount] owed to our firm.
Every account is carefully evaluated to establish a credit
limit that we believe is consistent not only with our interests,
but the interests of the customer as well. We have
established $[dollar amount], as your credit allowance and
believe it is appropriate.
Since you are at or near that credit limit, we can ship future
orders only on a C.O.D. basis, until your balance is
reduced.
We would be pleased to review your account with you if
you believe an increased credit line is justified.
We are confident you understand the need for this action.
Very truly yours,
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