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Funny Story About Security Of The Loan

Funny Story About Security Of The Loan

Posted on December 8, 2020

Funny Story About Security Of The Loan No less funny than the story of The Vet And The Dead Duck. -, An old man came into the bank and asked for a loan of 500 dollars. The bank employee started filling out the papers.

Conversation about Security Of The Loan
Bank Eploye : What are you going to do with this money? – He asked.
Old Man : I will go to the city to sell the jewellery that I made.
Bank Eploye : What do you have for the security of the loan?
Old Man :  I don’t know, what is a security? – the man said.
Bank Eploye :  Well, security – is something that has value and can cover the cost of the loan. Do you have a car?
Old Man : Yes – a 1949 year truck.
Bank Eploye : No, it won’t suit, – said the bank clerk. – Maybe you have livestock?
Old Man : Yes, I have a horse.
Bank Eploye : How old is it?
Old Man : I don’t know because it doesn’t have teeth anymore to tell.
In the end the papers for the loan were filled and the man was given 500 dollars. After a couple of weeks the man came to the bank again with a package of money. He counted the ones belonging to the bank and hid the other ones.
Bank Eploye : What are you going to do with the other money, – the same clerk asked.
Old Man : I will keep them in my house, – the man answered.
Bank Eploye :  You can make a deposit in our bank.
Old Man : I don’t know, what’s a deposit? – The man said.
Bank Eploye : Well, you give the money to the bank, bank takes care of it, and when you need money, you can take it.
The old man thought about it and asked:
Old Man :  Does the bank have something to give me in security for the money?

That was the conversation the bank clerk and the old man had about Security Of The Loan. If you have a funny story about borrowing money, please write in the comments column. Before leaving this page please try our challenges hard logic riddle.

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1 thought on “Funny Story About Security Of The Loan”

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