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re: Question. Is it illegal for a player to take a loan from a bank?
Posted on 10/9/14 at 10:41 pm to WDE24
Posted on 10/9/14 at 10:41 pm to WDE24
quote:
Yes
Are you sure? In the aftermath of the albert means case, during the hurling of accusations between AL/TN it came out that several TN players had bank loans and it wasn't a violation, if I recall correctly. Seems I remember the radio heads back then talking about how it was pretty common.
Posted on 10/9/14 at 10:54 pm to Broken Coyote
A few years ago, I remember something about UNC b-ball players getting loans from a dealership partially owned by MJ in Chapel-Hill.
Balloon loans, with really, really low monthly payments and a huge amount due at the end of the term that pays off the remaining balance. It didnt have to be in a parents name.
No links or anything, just some bullshite from a UK board about UNC.
Balloon loans, with really, really low monthly payments and a huge amount due at the end of the term that pays off the remaining balance. It didnt have to be in a parents name.
No links or anything, just some bullshite from a UK board about UNC.
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