$500 LOAN
Added on: 16th Jun 2016
AN OLD NATIVE AMERICAN
WANTED A LOAN FOR $500.
THE BANKER PULLED OUT
THE LOAN APPLICATION.
"WHAT ARE YOU GOING TO DO
WITH THE MONEY?"
HE ASKS THE INDIAN.
"BUY SILVER, MAKE JEWELLERY
AND SELL IT" WAS THE RESPONSE.
"WHAT HAVE YOU GOT FOR COLLATERAL?"
"DON'T KNOW COLLATERAL"
REPLIED THE INDIAN
"WELL THAT'S SOMETHING OF VALUE
THAT WOULD COVER THE COST OF THE LOAN.
HAVE YOU GOT ANY VEHICLES?"
"YES. 1949 CHEVY PICKUP,"
REPLIED THE INDIAN
THE BANKER SHOOK HIS HEAD,
"HOW ABOUT LIVESTOCK?"
"YES, I HAVE A HORSE,"
REPLIED THE INDIAN
"HOW OLD IS IT?"
THE BANKER ASKS.
"DON'T KNOW, HAS NO TEETH"
"REPLIED THE INDIAN
FINALLY THE BANKER DECIDED
TO MAKE THE $500 LOAN.
SEVERAL WEEKS LATER
THE OLD MAN WAS BACK IN THE BANK.
HE PULLED OUT A ROLL OF BILLS,
"HERE TO PAY." HE SAID.
HE THEN HANDED THE BANKER
THE MONEY TO PAY HIS LOAN OFF.
"WHAT ARE YOU GOING TO DO WITH
THE REST OF THAT MONEY?"
THE BANKER ASKS.
"PUT IN HOGAN",
REPLIED THE INDIAN
"WHY DON'T YOU DEPOSIT IT IN MY BANK,"
THE BANKER ASKED.
"DON'T KNOW DEPOSIT"
"REPLIED THE INDIAN
"YOU PUT THE MONEY IN OUR BANK
AND WE TAKE CARE OF IT FOR YOU.
WHENEVER YOU WANT TO USE IT,
YOU CAN WITHDRAW IT."
THE OLD INDIAN LEANED ACROSS
THE DESK AND ASKS THE BANKER...
"WHAT YOU GOT FOR COLLATERAL?"
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