Bank Loan

A Miser man decided to go on a vacation for a month. He goes to the bank and asks for a trip loan of $500. The bank officer asks the man that the loan can only be approved when he mortgage some valuable thing at the bank. Miser man mortgages his only car whose worth was a whopping $80000. The Bank officer laughed at him and approve the loan instantly. After vacation when the miser man returns, the bank officer asked him "Are you an idiot, why is your mortgage such an expensive car for such a short loan?".

Miser man replied with some reason and the bank officer agreed that the miser man is actually not an idiot.

What did miser man reply to the bank loan officer?.




Similar Riddles

A wife and her husband were driving in their car on the highway. All of a sudden, they ran out of gas. So the husband said to the wife, 'Now, you stay here. I will go down the highway to the nearest gas station, and it will be about 1 hour. Just listen to the radio and read some books, and remember to lock all the windows and doors. I will leave the keys with you.' So, off the husband went, and the wife first locked ALL the windows and doors. Next, she turned on the radio, and this is what she heard on the news report:
'THERE IS A MURDERER ON THE LOOSE. HE WAS LAST SEEN ON THE HIGHWAY, WEARING ALL BLACK, ABOUT 5 FOOT 11 INCHES. PLEASE, BE AWARE AND CONTACT THE POLICE IMMEDIATELY.' The wife got very scared. She turned off the radio and double-checked the locked doors. Then she saw the murderer, only a couple of feet away from the car. An hour later, the husband returned to his car. Inside the car, his wife was DEAD, she had been murdered. All the windows were still locked, and the doors. No windows were broken, and the car was in PERFECT condition. No scratches or anything, it was the same way as when he left it. How did the murderer kill the wife?

Asked by Neha on 13 Jul 2023


I have a big mouth and I am also quite loud! I am NOT a gossip but I do get involved with everyone's dirty business.

Asked by Neha on 24 Apr 2026

Rob is taller than Edwin, and Jurgen is shorter than Rob.
Of only one of the following statements, we now certainly know it is correct:

A.Edwin is taller than Jurgen
B.Jurgen is taller than Edwin
C.It cannot be determined if Jurgen or Edwin is the tallest.

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A spaceship was lost. The detective was given a piece of paper. This was the location of the spaceship! This is what the slip had scribbled on it:
Juice, Umbrella, Potato, Ice, Tomato, Elephant, Rice.

Where is the spaceship?

Asked by Neha on 19 Jan 2026

I am a seven-letter word but if you remove four of my letters I will have one left. What word am I?

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In a town, there are over 100 flats.
Flat-1 is named first flat.
Flat-2 is named second flat.
Flat-3 is named third flat.

A visitors 'Victor' decides to walk through all the flats, he finds all the flats except flat-62.
Victor later founds that the local of the town have given it another name.

What is the name of the Flat?

Asked by Neha on 05 May 2021


I go up and I go down.
I go up towards the beautiful sky and down toward the green ground.
I am present tense.
I am past tense too
Children love me.

Who Am I?

Asked by Neha on 16 Jan 2025

You walk into a creepy house by yourself. There is no electricity, plumbing, or ventilation. Inside you notice 3 doors with numbers on them. Once you open the doors you will die a particular way. Door No.1 You’ll be eaten by a lion who is hungry. Door No.2 You’ll be stabbed to death. Door No.3 There is an electric chair waiting for you. Which door do you pick?

Asked by Neha on 02 Sep 2025

A large water tank has two inlet pipes (a large one and a small one) and one outlet pipe. It takes 3 hours to fill the tank with the large inlet pipe. On the other hand, it takes 6 hours to fill the tank with the small inlet pipe. The outlet pipe allows the full tank to be emptied in 9 hours.

What fraction of the tank (initially empty) will be filled in 0.64 hours if all three pipes are in operation? Give your answer to two decimal places (e.g., 0.25, 0.5, or 0.75).

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Do you know of a place where the wind blows south and then suddenly shifts direction towards the north?

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Amazing Facts

Crossword

The day before the 1996 U.S. presidential election, the NYT Crossword contained the clue “Lead story in tomorrow’s newspaper,” the puzzle was built so that both electoral outcomes were correct answers, requiring 7 other clues to have dual responses.