The elderly Native American wanted a loan of $500, and a bank employee helped him with the application form that he needed to fill.<\/p>\n
\u201cWhat do you plan to do with the money, sir?\u201d said the banker.<\/p>\n
\u201cI want to buy silver, make jewelry, and then sell it,\u201d he answered.<\/p>\n
\u201cWhat do you have to give as collateral?\u201d asked the man in the suit.<\/p>\n
\u201cI don\u2019t know what collateral is,\u201d replied the other one.<\/p>\n
\u201cIt\u2019s something that has value and can cover the amount of money that you are taking. For example: Do you have a car?\u201d<\/p>\n
\u201cYes. A 1959 Chevrolet pick-up truck,\u201d replied the indigenous man.<\/p>\n
Shaking his head, the employee asked: \u201cMaybe something else, what about cattle?\u201d<\/p>\n
\u201cYes, I have a horse,\u201d he said.<\/p>\n
\u201cAnd how old is your horse?\u201d<\/p>\n
\u201cI have no idea, he has no teeth,\u201d replied the Native American with concern.<\/p>\n
In the end, the bank employee felt sure that this man was trustworthy and decided to lend him the $500.<\/p>\n
Sometime later, the old man returned to the bank, pulled out a wad of bills, and said to the employee: \u201cHere you have the payment of what I owe for the credit.\u201d<\/p>\n
The bank employee asked: \u201cWhat do you plan to do with the rest of the money?<\/p>\n
\u201cI will keep it in my house,\u201d replied the indigenous.<\/p>\n
So the employee quickly asked: \u201cWhy don\u2019t you deposit in my bank?\u201d<\/p>\n
\u201cI have no idea what a deposit is.\u201d<\/p>\n
The bank employee explains: \u201cPut your money in our bank, we will take care of it, when you need to use it, you can withdraw it.<\/p>\n
Then the Native American surrounded the desk to approach the employee and asked: \u201cWhat do you have to give as collateral?\u201d<\/p>\n
LOL!! He is smart and can learn fast!<\/p>\n
We hope you enjoyed this joke and had a great laugh. Have a nice day! <\/p>\n","protected":false},"excerpt":{"rendered":"
The elderly Native American wanted a loan of $500, and a bank employee helped him with the application form that he needed to fill. \u201cWhat do you plan to do with the money, sir?\u201d said the banker. \u201cI want to buy silver, make jewelry, and then sell it,\u201d he answered. \u201cWhat do you have to […]<\/p>\n","protected":false},"author":1,"featured_media":2718,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-random-stuff"],"_links":{"self":[{"href":"http:\/\/buzzfeednews.uk\/index.php?rest_route=\/wp\/v2\/posts\/6257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/buzzfeednews.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/buzzfeednews.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/buzzfeednews.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/buzzfeednews.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6257"}],"version-history":[{"count":1,"href":"http:\/\/buzzfeednews.uk\/index.php?rest_route=\/wp\/v2\/posts\/6257\/revisions"}],"predecessor-version":[{"id":6258,"href":"http:\/\/buzzfeednews.uk\/index.php?rest_route=\/wp\/v2\/posts\/6257\/revisions\/6258"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/buzzfeednews.uk\/index.php?rest_route=\/wp\/v2\/media\/2718"}],"wp:attachment":[{"href":"http:\/\/buzzfeednews.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/buzzfeednews.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6257"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/buzzfeednews.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}