Redneck Bank Loan
A Redneck from North Carolina walked into a bank in New York City
and asked for the loan officer. He told the loan officer that he was going to
Bakersfield on business for two weeks and needed to borrow $5,000 and that he
was not a depositor of the bank.
The bank officer told him that the bank would need some form of
security for the loan, so the Redneck handed over the keys to a new Ferrari. The
car was parked on the street in front of the bank. The Redneck produced the
title and everything checked out. The loan officer agreed to hold the car as
collateral for the loan and apologized for having to charge 12% interest.
Later, the bank's president and its officers all enjoyed a
good laugh at the Redneck from the south for using a $250,000 Ferrari as
collateral for a $5,000 loan. An employee of the bank then drove the Ferrari
into the bank's private underground garage and parked it.
Two weeks later, the Redneck returned, repaid the $5,000 and the
interest of $23.07. The loan officer said, 'Sir, 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 good 'ole Tar Heel boy replied, 'Where else in New
York City can I park my car for two weeks for only $23.07 and expect it to be
there when I return?'
His name was BUBBA...
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