Bank Sues Vick For More Than $2 Million

VickThe Royal Bank of Canada has filed suit against Michael Vick for more than $2 million.

The bank said Vick took out a $2.5 million loan to invest in real estate in January. According to the bank, when Vick was suspended from the NFL, he violated terms of his loan contract.

There is a clause in the contract that specifies if Vick experiences a change in employment that may affect his ability to repay his loan, that constitutes a default.

The lawsuit is seeking the remaining $2.3 million Vick owes, plus $499 daily interest and money to cover legal fees.

Source: Daily Press

(Thanks Irene)

8 Responses to “Bank Sues Vick For More Than $2 Million”

  1. straybaby says:

    WTF?! dude needed to borrow 2 million?!

    when it rains, it pours . . . . ;)

  2. nora says:

    Wonder how many of THOSE bucks went towards dog fighting? So the NFL money wasn’t enough? Vic is really a con and screw up. This shows what a greedy parasite he really is.

  3. 2CatMom says:

    Vick, do you hear that sucking sound - that’s your financial security going down the drain.

  4. Bridgett says:

    LOL! Excellent! Hitting him right where it hurts!

  5. Anonymous says:

    What goes around - comes around! How does this bite in the a** feel Mr. Vick?

  6. shibadiva says:

    Not to mention the $50 million in lost endorsements over the next decade.

  7. Lynn says:

    Oh goody! Give the SOB enough rope and he’ll hang himself.

  8. Dee says:

    I just love it. Too bad all those babies were hurt with the money, not helped. He should be made to pay money to help them now, if he has any left.

E-mail It