[13/12, 3:55 pm] Adil Khan: My late father used to say a european person who has golf club membership. The bank will instantly grant him loan of US $50,000 without any other proof or requirement.
Was my dad correct?
(Edit something like this)
[13/12, 3:55 pm] Meta AI: That's an interesting claim! While it's difficult to verify the exact statement, there is some truth to the idea that being a member of a prestigious golf club can be seen as a status symbol and potentially influence one's creditworthiness.
In the past, particularly in the UK, membership in exclusive golf clubs was often associated with wealth, social status, and business connections. Some banks and financial institutions might have viewed golf club membership as an indicator of a person's creditworthiness, stability, and potential for repayment.
However, it's highly unlikely that a bank would grant a loan of $50,000 without any other proof or requirements, solely based on golf club membership. Modern banking practices and regulations require lenders to follow strict credit assessment procedures, including credit checks, income verification, and collateral evaluation.
It's possible that your father might have exaggerated or simplified the statement, or that it was based on a specific anecdote or experience. Nevertheless, being a member of a reputable golf club can still be seen as a positive factor in certain social and business circles, potentially influencing one's reputation and relationships.
It's worth noting that this concept is more relevant to the past, and modern banking practices have become more standardized and regulated. Today, lenders prioritize creditworthiness, financial stability, and verifiable income over social status or affiliations.
[13/12, 3:52 pm] Adil Khan: What is price of golf club and golf ball in us dollars
[13/12, 3:53 pm] Meta AI: The cost of golf clubs can vary greatly, depending on the type and quality of the club. A single driver can range from $300 to $400, but can quickly get more expensive with high-end graphite shafts, potentially exceeding $1,000. A complete set of golf clubs, including 14 clubs, can cost anywhere from $600 to $1,500 or more, depending on the brand and quality ¹.
As for golf balls, the prices vary based on the brand, quality, and construction. On average, a box of new golf balls can range from $15 to $60 for a dozen balls. Here's a breakdown of the prices for different types of golf balls:
- *Two-piece construction golf balls*: $15 to $35 per dozen, known for their distance and durability.
- *Multi-layer construction golf balls*: $25 to $60+ per dozen, offering greater control and spin.
- *Golf balls with urethane cover*: $30 to $60+ per dozen, providing a softer feel and more spin.
- *Golf balls with surlyn/ionomer cover*: $15 to $35 per dozen, offering a more durable and affordable option.
Some popular golf ball brands and their prices include:
- *Titleist*: $40 to $60+ per dozen
- *Callaway*: $30 to $50 per dozen
- *TaylorMade*: $30 to $50 per dozen
- *Bridgestone*: $30 to $50 per dozen
Keep in mind that prices can vary depending on the retailer, location, and availability. It's always a good idea to shop around and compare prices to find the best deal ².