Normally, anything with Kim Kardashian’s name attached to it would be filed under “Nobody Cares”. But when I spotted this story on The Life Files, I was intrigued. It seems the short dude in the middle is named Damon Thomas and he was married to Kim K for 4 years.
According to TMZ.com, Thomas defaulted on loans for a 2002 Ferrari 360 Spyder, a 2005 Bentley GT coupe and a 2005 Lamborghini Murcielago roadster.
Now, I could have sworn my banker told me that banks don’t cover loans for luxury vehicles over $30,000. I recall he said most of these “ballers on paper” that you see driving those big ticket luxury vehicles are, in fact, leasing them.
So what banker in his right mind extended loans to Kim K’s ex-husband for all those cars? I bet that banker is standing on the unemployment line right now.
This entry was posted on Tuesday, August 12th, 2008 at 9:22 am and filed under Business, Celeb Toys, Celeb news, Money & Finances . You can follow any responses to this entry through the RSS 2.0 feed or Trackback from your own site. This site is Gravatar enabled. Sign up to upload your own avatar.
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You were Right Auntie .. this Should have gone in WHO CARES .. or better yet .. File 13 .. the trash can.
@Kymystry
Ditto…next.
Is that Jessica Simpson’s father next to him? lol
this is so not newsworthy…hey kym!
You know what I thought the same too, my friend was trying to get a loan for a luxury car and the bank flat out told him “NO”. He tried several times and gotten the same answer, I care nothing for that whore Kim K!!!
GM! SR fam!!!
Damon Thomas should have money he is part of the production team “The Underdogs” and they produced alot of artists
Hey brwnsugga .. mizzdallas !!!
I read the TMZ story as well and it actually says it was a lease that he defaulted on, not a loan. When I finally hit the lottery I pray I don’t throw my money down the drain like many of these borerline rich people do. One small convertable for fun and one big car for toting the kids and groceries should be enough.
Well in person she doesnt look any taller than 4′11 herself so…As far as dude goes I think he’s 1 of those hit and miss type of fellas. Being a songwriter/producer sometimes he’s up financially, sometimes he’s down…Thats how the real estate game was for me which is why I bowed out…
I agree ya’ll!
Hey Brenden,
Send me your myspace link
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You don’t go down to your normal bank to get a Exotic car loan which is what Mr. Thomas has or had. Most Exotic car dealers work with lender that specialize in loans for those type of items. A sample is below. And also what kind of cap is $30,000 you can get a loan for a Lexus which is a “luxury car” which is 3 times that from your normal bank or Nissan’s finance company.
www2.myautoloan.com/site/page/pg4665-as110-pn_Exotic_Car_Loans.html
sandra rules are different for rich/affluent people than those for us normal people.
I hear you brenden … I had to bow out too….
I’m gonna wait a couple years and when it gets back crackin’, I’m gonna be back on TOP! lol!!
Instead of Nobody Cares he should be posted under STUPID NEGRO!..Why in the hell would you take out a loan for luxury cars..I never understand why people will go broke to front an image, you better ask Scott Storch looking stupid right now..Unfortunately these idiots spend for the moment, and they don’t prepare for the bad times or realize that the cash won’t always be plentiful, stupid.
The post should have been titled .. YEP ! KIM K LOVE BLACK DYCK !!
Haha @ KYM
You are so right!!
Except this man might not be so BIG:)
#18 said:
Except this man might not be so BIG:)
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She was married to him for four years. With that being said, he probably “EATS” a big dinner complete with dessert.
I’m just saying.
@ prynsexxx… chile .. you ain’t gat NO sense .. hollinnnnnnnnnnnn
sandra your banker mightve told you that, due to you being a minority, good credit and all!!! you may have to report him to whoever you report that stuff to!!
He’s a successful producer along with Harvey Mason Jr. (The Underdogs)..they’ve produced everybody from Pink and Kelly Clarkson to Toni Braxton and Celine Dion. He should have more than enough money to pay his bills….maybe his money got short…from his dealings with “Big Meech” , Jacob the Jeweler” and that Black Mafia Family” drug and murder trial…DANG….that’s too bad…..!! Let LOVE Rule !!