Finance Firm Accepts Soul As Guarantee For Credit

**~~Beorn~~** · 06-23-2009, 03:25 PM

A financial company in Latvia is offering residents loans secured by nothing but their immortal soul.

Riga-based firm, named Kontora, does not require credit history record or proof of employment. It grants loans of 50 to 500 Latvian lats ($100 to $1,000) to any adult after he or she signs the a very short agreement.

According to the agreement, the only security required of the borrower is their immortal soul, which they are asked to confirm as their previously unmortgaged property.
The loan is subject to one percent per day in interest until full repayment.

The period of full repayment is 90 days, and in case the borrower fails to return the money, the creditor gets full possession of his soul.

Source

I don't think I'd be too willing to enter into that legal agreement. Would you?

**Vulpix** · 06-23-2009, 03:29 PM

No source

? outofmyownass.com

?

**Loki** · 06-23-2009, 03:35 PM

I'd be willing to go for it, since I do not believe in the existence of an immortal soul -- and hence have nothing to lose.

**anonymaus** · 06-23-2009, 03:37 PM

If the soul did exist, it could no more be sold or traded by contract than one's innate natural rights: free money!

**Poltergeist** · 06-23-2009, 03:44 PM

Come on people, somebody is joking here.

**Fortis in Arduis** · 06-23-2009, 03:49 PM

No source, plenty of sauce...

**Útrám** · 06-23-2009, 03:50 PM

Use the source, luke.

**~~Beorn~~** · 06-23-2009, 03:51 PM

Whilst I do believe in a soul and I do believe ones soul or 'essence' can be captured and used whether freely or against ones will, I would, if not a believer, be interested as to why a company would freely dole out money in exchange for a soul?

They get their money back with interest, but how would they have gone about reclaiming the money in a court of law if the collateral was someone's soul?