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

What does this rebus photo means?

Rebus Photo Riddle

Asked by Neha on 08 Jun 2026


The peacock is a bird that does not lay eggs. How do they get baby peacocks?

Asked by Neha on 09 Dec 2023

There are 4 big houses. They are made from the materials: red marble, green marble, white marble and blue marble.

* Mrs Jennifer's house is somewhere to the left of the green marble one and the third one alone is white marble.
* Mrs Sharon owns a red marbles house and Mr Cruz does not live at either end, but lives somewhere to the right of the blue marbles house.
* Mr Danny lives in the fourth house, while the first house is not made from red marble.

Who lives where, and what is their house made from?

Asked by Neha on 15 May 2026


John’s parents have three sons: Snap, Crackle, and what’s the name of the third son?

Asked by Neha on 14 Feb 2022

A few friends are enjoying their sea voyage in a boat full of apples. On the way, they felt hungry and thus decided to eat the apples. Together, they ate two dozen of apples. When they have eaten the apples, will there be any change in the water level?

Asked by Neha on 06 May 2021

I’m tall when I’m young, and I’m short when I’m old. What am I?

Asked by Neha on 07 May 2022


I am lying and I always lie. Tell me whether I am lying or telling the truth.

Asked by Neha on 31 Dec 2024

The day after tomorrow will be three days before Tuesday. Can you find out what is today?

Asked by Neha on 26 Apr 2023

You have a basket containing ten apples. You have ten friends, who each desire an apple. You give each of your friends one apple.
Now all your friends have one apple each, yet there is an apple remaining in the basket.
How?

Asked by Neha on 18 Sep 2021


There were three women in all the swimming costumes!
One was happy and the other two were sad!
The happy one was crying and the sad ones were smiling.
Why was this?

Asked by Neha on 20 Jan 2025

Hot Articles

Amazing Facts

Artificial Intelligence

Artificial Intelligence has crushed all human records in the puzzle game “2048,” achieving a high score of 839,732 and beating the game in only 973 moves without using any undo.