Woody Woodpecker’s so happy that he forgets to pay attention to where he’s driving, and he crashes his car into a pole. When his car fails, Woody goes to the Sympathy Loan Co. (“You’ll Need It”) to borrow money for a new car. A loan shark tricks Woody into signing for a loan of $1. Woody finds the sleazy loan shark very sympathetic until he gets his loan. However, the loan shark underestimates Woody’s capacity for befuddling anyone.