Call it business sense, horse sense, common sense, you name it. Whatever it is, this “Native American” will defiantly not be fooled. So the story begins…

The banker pulls out the loan application…

“What are you going to do with the money?” he asks the native American.

“Buy Silver, make jewellery, and sell it,” was his response.

“What have you got for collateral?”

“Don’t know collateral,” replied the native American man.

“Well that’s something of value that would cover the cost of the loan.

“Have you got any vehicles?”

“Yes. 1949 Chevy pickup,” replied the native American man.

The banker shook his head, “How about livestock?”

“Yes, I have a horse,” replied the man.

“How old is it?” the banker asks.

“Don’t know, has no teeth,” replies the man.

Finally the banker decided to make the $500 loan.

Several weeks later the old man was back in the bank. He pulled out a roll of bills, “Here to pay.” he said. He then handed the banker the money to pay off his loan.

“What are you going to do with the rest of that money?” the banker asks.

“Put in home”, replied the native American man.

“Why don’t you deposit it in my bank,” the banker asked.

“Don’t know deposit,” replied the man.

“You put the money in our bank and we take care of it for you. Whenever you want to use it, you can withdraw it.”

The old native American man leaned across the desk and asks the banker… 

“What you got for collateral?”


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