6-Year Old Asks Dad for Allowance Advance, Gets Official Loan Rejection Letter

28 Jan , 2016  


The 6-year old son of redditor Otto303 asked his dad for a $20 advance on his allowance. He got a professional looking bank letter in response that rejected his request. The bank deemed the child poor loan risk. His only recourse is to contact the bank’s dispute manager. You can guess who that is!

Here is the full text of the letter:

Dear __________

We regret to inform you at this time that we are unable to provide a loan in the amount requested of $20.00. After reviewing your account, we have found you have insufficient funds, and a history of not doing your chores.

Furthermore, over $80.00 has been spent on discretionary entertainment expenses since Christmas. This is an unsustainable amount of expenditure, and we cannot further compound the problem by financially assisting with occurring further debt at this point.

If you would like to refute this decision, you can contact our complaint department at 1-313-555-5555. Our dispute manager at this number may be able to persuade us to reverse our decision.

Thank you for choosing DAD Savings and Loan, we appreciate the chance to serve your financial needs.


St. Louis, MO