Open Range (2003) | “Normally, a loan officer approves 35 to 40 loans every two months.”

Added: 2026-05-26

[00:00:00]Every two months, the typical loan officer approves 35 to 40 loans. You have given out 561.

[00:00:07]>> So, little more than average then.

[00:00:09]>> What's even more unusual are the amounts. A $250 loan for a mountain bike. $600 for wind surfing lessons.

[00:00:18]>> You ever tried that? It's fun.

[00:00:19]>> Carl, this bank traditionally has never given out small loans. If >> I can explain ways, >> sit down.

[00:00:24]>> Yeah, sit down.

[00:00:24]>> You know, at first I thought you might be raiding our coffers.

[00:00:27]>> Never do that.

[00:00:27]>> I would if I could, so why wouldn't you?

[00:00:32]But then I look closer. These people are so grateful to have their needs met.

[00:00:35]More than 98% of them are following through with the payments. And because you've given out so many of them, we're actually making a lot of money. Carl, these microloans, not bad.

[00:00:44]>> See, Carl, you worry. What?

[00:00:46]>> Carl, what would you say if I asked you to work upstairs with the big boys?

[00:00:50]>> Great.

[00:00:50]>> I would have to say, >> by the way, before we uh give our answer, let's talk money, dollars and cents. ways.

[00:00:55]>> I'm afraid I can't discuss that with you since we're only taking cars.