A fellow walked into a New York City bank asking for a $4000 loan. “Okay,” the teller said, “But we’re going to need collateral.” The man responded: “My black Porsche is in your parking lot. Here are the keys.”
Several weeks later, the man returned to pay off his loan — plus $11 interest. The manager said, “Sir, we appreciate your business, but we looked into your information and discovered you’re a millionaire. Why would you borrow $4000?”
“Here’s the bottom line,” the fellow responded. “Where else could I pay $11 to park my expensive luxury car for three weeks in New York?”
Photo Credit: Rex Gray
Love this article.
Haha! I love the wit. That’s a brilliant idea.
This is GREAT; smart man! According to my credit union’s calculators, it looks like he paid 3.25% interest on that loan, which means he did this awhile ago.
Thanks for the reminder to always consider creative solutions, Len! 🙂
Glad you enjoyed it, Lauren. I thought it was pretty clever too!