Car Collateral LoansVehicle collateral loans
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automobiles taken back by creditors who are "worse than Wonga."
Remembered a client who collateralized loans against four classic vehicles. "Deliveries are organized in such a way that they are conceived to collapse - it's about creditors getting their hands off the car instead of getting interest on loans. The interest rate on these loans is so high that it is inevitable that they will be delayed, and the arrangements allow them to confiscate the car after just one failure."
This is a more elegant way to find inexpensive carparks.
One of the Bentley owners' shorts, illustration, and poems is this Joachim Wrang-Widen thread that seems to summarize the derring-do of a Bentley proprietor..... A member of staff takes the Bentley to the bank's basement car park and park it there. Loan Clerk says: "We are very glad that we had your deal and this deal worked very well but we are a little confused.
- Bentley - easier times with our heavymetal are released and available at the Bentley Memorial Foundation, 16 Chearsley Road, Long Crendon, Aylesbury, Bucks HP18 09AW; phone 01844 208233.