Banks do it all the time.

Christmas time. Skip a payment on a loan coupon. Why??? Because you do not skip the interest. No, the interest still accrues. Just makes the loan longer. It is great for people bad at math.

OTOH it is a plus for people going to have a house foreclosed on. But if they never saved for a problem it shows. How does the saying go?? You can tell who is skinny dipping when the tide goes out.

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