rebirth good people have good rewards

Chapter 193 Usury (2)

Online loan companies are completely different from those normal Internet companies. It can be said that it is not difficult to build an online loan app. The important thing is to have enough capital to lend money.

Therefore, all online loan companies will have strong capital behind them, especially those shady loan companies that appear to be legitimate companies, but are actually loan sharks!

There are many routines for this type of loan. In order to avoid the legal risk of excessively high interest rates, the interest they charge on the surface is legal, all within 36%. According to the law, as long as the annual interest rate is lower than 36%, no It is illegal.

But in fact their real profit is much higher than 36%.

For example, if you borrow 10 yuan, according to the contract given to you by the online loan company, if you divide it into 12 installments, you only need to repay 11333 yuan per month, and the calculated interest for one year is just a bit lower than 36%.

But this is not the case after you borrow. When lending money, they will charge a part of the handling fee first, ranging from two to three thousand to as much as seven to eight thousand. Anyway, the more you borrow, the more the handling fee will be.

Then they may also deduct the repayment amount of the first month or even the first two months at once, in the name of worrying about your inability to repay, but even if only the first month is deducted, it is 11333 yuan, plus the handling fee , Calculated on the basis of 5000 yuan, in fact, the money you really get is only 83667 yuan, but the total repayment for the 12 installments is 135996 yuan. In fact, the interest is 52329 yuan, and the interest rate is as high as 62.5%!

This is not usury, so what is usury?

That’s not all. Some people borrow money for relief, and they think it’s enough to repay the loan in advance, so the interest is not too much, but when you want to repay the loan in advance, the other party will tell you that you must fulfill the contract for two months. Months to apply for early repayment, and early repayment is equivalent to a breach of contract, and liquidated damages will be charged.

If the liquidated damages are small, it will only be a few thousand yuan, if it is large, I don’t know how much.

This kind of routine is already black enough, but in fact there are even darker ones!

In order to get back the money as soon as possible and lend it to the next one, many online loan companies have launched short-term loans, such as seven days of borrowing time, and the interest is the same.

There are also loans that tell you in name that no handling fee will be charged. If you lend you 13.6 yuan, you only need to repay 4.5 yuan without any other fees. It seems that this kind of loan requires a lot of conscience, but the repayment method requested by the other party is indeed The monthly repayment is 9 for the first three months, and one penny per month for the next [-] months!

On the surface, the interest rate in this way is also lower than 36% a year, but in fact?In fact, the monthly interest rate is 12%!

If you dare not pay back the money, first of all, they will call you endlessly to demand payment, and then explode your address book, harass and abuse everyone you know with phone calls and text messages, and ruin your reputation!

It can be said that online loans have harmed countless people.

Could a person who can do such a thing be a serious businessman?

of course not!

And Chen Ming was fully prepared psychologically from the moment he decided to deal with these online loan companies.

The person who contacted Li Menglin was surnamed Gao, in his 40s, and looked well-dressed. He was wearing a suit. I don't know if he was used to wearing it like this, or if he changed it specially to meet Chen Ming.

Chen Ming knew that in the eyes of the other party, he was probably just an ordinary rich man who wanted to do good deeds beyond his limits.

The place where we met was a teahouse. Chen Ming actually didn't like this kind of place at all, probably because he watched too many movies, and he always felt that these so-called social people like to drink tea to show their taste. But he speaks eloquently about all kinds of tea.

"Hello, Mr. Chen! I'm a straightforward person. If I have anything to say, I'll just say it. Don't mind me!"

Mr. Gao was smiling and looked very kind, but of course Chen Ming knew what he was here for.

"Okay, tell me, I don't like to beat around the bush either."

"Hehe, Mr. Chen, you have caused a lot of damage to our company this time. I came here to discuss the conditions with you. As a human being, it's almost enough. You are famous enough now, why bother with us?" Can these small companies make it through?"

"No problem, as long as you reduce the real interest rate to less than 36%, as long as it is legal, I have no complaints against you at all!"

Mr. Gao smiled and said: "Mr. Chen, as the saying goes, stay on the front line and meet each other in the future. Your Love Loan is a big company. In fact, there is no need to trouble us. Even if our company is closed, how much more can you earn? How about it? Why don’t you make an offer, and let’s settle it peacefully, how about it?”

In fact, Chen Ming didn't bother to talk to him at all, how could he be bought by money?He looked at Mr. Gao in front of him and said, "It doesn't matter how much money you have, just go ahead and tell me! Is it time to threaten me next?"

The smile on Mr. Gao's face gradually faded, "Mr. Chen, I'm a rough person. I won't make it easier for others if I'm not allowed to. If you cut off my money like this, aren't you afraid of encountering accidents when you go out?" ? Listen to my advice, brother, just do your charity well, don't get involved in these things, or I promise you will regret it!"

"Do you know that what you said is a threat, and I can call the police to arrest you?"

"Hahahaha! Look at what you said! I just reminded you to be careful when you go out, and I didn't really do anything. Is this illegal?" Mr. Gao said with a fake smile: "But I really hope you Think carefully about what I said, no matter how much money a person earns in his life, if he accidentally breaks his leg or something, it won’t be worth it, Mr. Chen, don’t you think so?”

Chen Ming nodded and said, "I'll understand once you say that!"

He looked at each other and said in a deep voice, "I don't have parents or a girlfriend, but you are different. Your wife is so beautiful and your son is so smart. Have you ever thought that if you really dare to do something to me, Who is more afraid?"

"What do you mean!"

Mr. Gao was about to have a seizure when his cell phone rang suddenly.

Chen Ming said: "Answer the phone, don't let anything happen to your son!"

Mr. Gao's expression changed drastically, he quickly connected the phone, hung up after talking for a few words, and said, "Did you get someone to give my son a toy?"

"Yes, we are friends! How much is a toy worth?" Chen Ming stood up, walked to him, and patted him on the shoulder, "Mr. Gao, I think you may not know me very well. People don't like to say things that threaten others, how about this, I have asked someone to put my itinerary for the next week into that LV bag newly bought by your wife, it is guaranteed to be true, you can do whatever you want!"

After finishing speaking, Chen Ming leaned down again, and said into his ear: "President Gao's physique should be very good at fighting, right? I don't look down on people like you. What age are you, and you think you are a member of the society?" People? If you have a little money, you can think you are great. If you have the guts, you can touch me and try?"

Chen Ming left, leaving Mr. Gao sitting there alone, his face was ashen, and at the same time, his face was full of struggles.
(End of this chapter)