Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
BCM
User Panel

Site Notices
Posted: 7/16/2002 8:46:12 AM EDT
[b]Smart way to park in NY [/b]

You can't beat those smart ladies !!!!

A girl walks into a bank in New York City and asks for the loan officer. She says she is going to Europe on business for two weeks and need to borrow $5,000


The bank officer says the bank will need some kind of security for the loan, so the girl hands over the keys to a new Rolls Royce. The car is parked on the street in front of the bank, she has the title and everything checks out. The bank agrees to accept the car as collateral for the loan. The bank president and its officers all enjoy a good laugh at the girl for using a $250,000 Rolls Royce as collateral against a $5,000 loan. An employee of the bank then proceeds to drive the Rolls Royce into the bank underground garage and parks it there.


Two weeks later, the girl returns, repays the $5,000 and the interest, which comes to $15.41. The loan officer says, Miss, we are very happy to have had your business, and this transaction has worked out very nicely, but we are a little puzzled. While you were away, we checked you out and found that you are a multimillionaire. What puzzles us is, why would you bother to borrow $5,000?

The girl replies..... [i]"Where else in New York City can I park my car for two weeks for only $15.41 and expect it to be there when I return?"[/i]


__________________
Link Posted: 7/16/2002 8:48:07 AM EDT
[#1]
Link Posted: 7/16/2002 8:48:45 AM EDT
[#2]
Urban legend, but fun.
Link Posted: 7/16/2002 1:40:15 PM EDT
[#3]
I've heard it before too-- but how many times have you heard of anyone borrowing a VERY small amount of money from a bank, and the bank keeps your car? Yeah right. (especially in NY where garage space is limited)
Close Join Our Mail List to Stay Up To Date! Win a FREE Membership!

Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!

You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.


By signing up you agree to our User Agreement. *Must have a registered ARFCOM account to win.
Top Top