Before going to Europe on business, a man drove his Rolls-Royce to a downtown New York City bank and went in to ask for an immediate loan of $5,000.
The loan officer, taken aback, requested collateral and so the man said, “Well then, here are the keys to my Rolls-Royce.”
The loan officer promptly had the car driven into the bank’s underground parking for safe keeping, and gave him $5,000.
Ten days later, the man walked through the bank’s doors, and asked to settle up his loan and get his car back. “That will be $5,000 in principal, and $15.40 in interest”, the loan officer said. The man wrote out a check and started to walk away.
“Wait sir”, the loan officer said, “while you were gone, I found out you are a millionaire. Why in the world would you need to borrow $5,000?”
The man smiled. “Where else could I park my Rolls-Royce in Manhattan for ten days and pay only $15.40?
Funny! Good one!
My favorite loan joke is the old classic:
“I’d like to take out a loan.”
“Sorry, the loan arranger is out to lunch.”
“That’s okay, I’ll talk to Tonto.”
Asking 1000$ would have been cheaper parking than 15,40$
The bank officer was not too quick. LOL.
Parking is expensive in Manhattan…sad but true.