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

The square root of number 121 is "11". What is the square root of the number "12345678987654321."?

Asked by Neha on 15 Dec 2024


I am an odd number. Take away a letter and I become even. What number am I?

Asked by Neha on 25 Feb 2022

James ordered a fishing rod, priced at $3.56. Unfortunately, James is an Eskimo who lives in a very remote part of Greenland and the import rules forbid any package longer than 4 feet to be imported. The fishing rod was 4 feet and 1 inch, just a little too long, so how can the fishing rod be mailed to James without breaking the rules? Ideally James would like the fishing rod to arrive in one piece!

Asked by Neha on 11 Apr 2022


I’m orange, I wear a green hat and I sound like a parrot. What am I?

Asked by Neha on 26 Aug 2025

"That Restaurant always remains crowded. This is the reason why nobody goes there".

Can you find a flaw in this statement?

Asked by Neha on 06 Apr 2024

Rebus Puzzle Definition: A rebus is an illusion device that uses pictures to represent words or parts of words.
What does This Rebus Puzzle Identify?

Rebus Puzzle

Asked by Neha on 31 May 2023


Its something that each of us devours,
Not just us but birds, beats, trees, and flowers,
Frets iron and nibbles steel,
Toil hard stones to meal,
Exterminates king, collapse town,
And blows the mountains down.

Asked by Neha on 20 Mar 2023

What does does this rebus picture means ?

Rebus Picture Riddle

Asked by Neha on 03 May 2023

A crime was committed at baker street. Ibrahim Dakota who was shot in the stomach was the main suspect. Sherlock questioned the suspect. The conversation started as:
Sherlock: What's your story, Ibrahim?
Ibrahim: I was walking around baker street and suddenly a man from the back shot me. I ran as fast as I could to save my life".
Sherlock: That is enough (and ask the police to arrest him).

Why does Sherlock think he is the murderer?

Asked by Neha on 25 Apr 2025


What can you hold in your right hand, but never in your left hand?

Asked by Neha on 13 Jul 2025

Hot Articles

Amazing Facts

Gambling

In Canada, a mathematical puzzle must be solved in order to win the lottery to classify it as a “game of skill” not gambling.