ok im confused. if you have 9 million in the bank, why are you taking out a $200 k loan?? i know you cant just get money out that easily but 200 k shouldnt be a problem. and then u gotta pay back $280 K?? shoot thats a rip off right there. and why wouldnt the store just check his account first before releasing the funds. shoot ive been to a payday loan place before and they wanna see your last bank statements before giving out any money.
He didn't have 9 mill
When they checked,the account had a zero balance and there was never any money in the account
That's why he was arrested
But to answer your post I have no idea why nikkas do that.It's why Mike Vick went broke from that 20 mill loan he owed the bank
Most of these dumb nikkas let financial advisors jedi them into "investing" all their money then these dumb nikkas take out loans to buy houses and cars and shyt when they could've just paid for the shyt straight up and then when it's time to pay the loan they financial advisors telling them all the money tied up in this investment or we waiting to see profit or whatever bullshyt excuse they give them
That shyt is really just a hustle forreal to fukk nikkas out they money and truthfully if you can't manage your own money you deserve to get fukked over