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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 10:54 pm to
Posted by Heresaucer
Member since Oct 2012
2241 posts
Posted on 10/9/14 at 10:54 pm to
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.
Posted by BamaGradinTn
Murfreesboro
Member since Dec 2008
26994 posts
Posted on 10/9/14 at 11:56 pm to
Bottom line is that the player can't be treated differently than any other customer.
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