The bank officer tells him that the bank will need some form of security for the loan, so the Filipino hands over the keys of a new Ferrari.

The car is parked on the street in front of the bank.The Filipino produces the title and everything checks out.

Two weeks later, the Pinoy returns, repays the $5,000 and the interest, which comes to $15.41.

The loan officer says, "Sir, we are ery happy to have had your business, and this transaction has worked out very nicely, but we are a little puzzled. While you were away, we checked you out and found that you are a multimillionaire.
What puzzles us is, why would you bother to borrow $5,000?"