• Ex-adviser: Young needed loan for $300,000 party

    Summary of 7 articles · Updated Feb 12, 2013
    And that adviser testified that Young once took out a loan because he didn’t have enough money to throw himself the kind of birthday party he wanted. Cheese’s, because Young spent $300,000. At issue are documents that Young signed; Peoples said the documents were loan closure instruments, whereas Dolezal said they were banking instruments. As Yahoo! Sports reported in 2011, many lending agencies offered loans to players at interest rates ranging from 18 to 24 percent, with default rates as high as 36 percent.
    • Did Vince Young Take Out A High-Interest Loan To Pay For His Own $300,000 Birthday Party?

      So that lawsuit pitting Vince Young against both his former agent and his former financial planner is going pretty much as amicably as we told you it would. Young, who's been out of the NFL since August and is back yawning his way through classes at the…
      Source: deadspin.com
    • untitled: The former financial adviser for ex-NFL quarterba…

      The former financial adviser for ex-NFL quarterback Vince Young said under oath that he arranged a high-interest, seven-figure loan for Young during the 2011 lockout because the player wanted to throw himself a $300,000 birthday party even though he was…
      Source: CNNSI.com

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