M&T Bank Makes An Offer You Can Definitely Refuse

Here’s a novel way for a bank to increase revenue: offer your customers a “perk” where they can skip a payment on their loan for a neat $25 fee! Of course, interest still accrues, your total repayment amount increases slightly, and one month is added to your repayment period. No thanks. You can see the actual letter and details below.

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(Thanks to Jerry!)
(Photo: Getty)

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