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Loan?


Guest LB
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Before going to the US on business, a man drove his Rolls-Royce to the Bank of England and went in to ask for an immediate loan of £5,000. The loan officer, taken aback, requested collateral. "Well, then, here are the keys to my Rolls-Royce", the man said. The loan officer promptly had the car driven into the bank's underground parking for safe keeping, and gave him £5,000.

Two weeks 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 cheque 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 London for two weeks and pay only £15.40?"

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