This St. Louis dad’s hilarious ‘corporate rejection letter’ to son’s loan request is going viral

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ST. LOUIS, MO (KTVI) – A 6-year-old from St. Louis kept asking his parents for a $20 advance in his allowance. His dad came up with a creative way to say no, a corporate rejection letter.

This is a transcript:

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 find [sic] 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 [number]. 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.

Auren had been asking for a new toy all day, according to an interview with the Huffington Post. The 6-year-old just kept asking his mom despite being told “no” many times.

She came up with the idea for Auren to ask dad for a loan. He called up Mike at the office. It was pretty clear to his father that the child had been pestering mom all day.

“I thought it would be funny to send him back to her with a loan rejection letter in hand. I knew he’d need her to read it to him.” Mike told the Huffington Post.

Mike says that it was a way to teach his son about money management and a way to make his wife smile.  She had to read the letter to Auren.

Auren ended up getting the gist of the letter. He wasn’t going to get that loan for a toy. But, Mike’s wife thought the whole thing was so funny that she caved. Auren got his toy.

His wife thought the letter was so funny that she suggested that they share it on Facebook. It ended up going viral.

Check out the letter here: