Lost and Spy
Chapter 3532 Huge Interest
The “honorable” Mr. Dudley Buscezone never imagined that one day he would have to deal with a loan shark.
This was simply unimaginable in the past.
However, this kind of thing happened after all.
The loan shark Larry standing in front of him had a flattering look on his face and seemed to be well-dressed, with nothing wrong with him.
But in Dudley's view, such people are actually synonymous with vulgarity and shamelessness.
"I'm looking for you, and you probably know why." Although he wanted to borrow money, Dudley couldn't let go of his high status after all.
"Oh, yes, Mr. Busaizong," Larry said respectfully, "it's my honor to be able to serve you."
The other party's attitude somewhat softened Dudley's tone: "Tell me, what conditions do you need?"
"I heard that you need 30,000 US dollars." Larry's tone remained humble. "This is a large sum of money. Yes, a huge sum. Normally, for such an amount, we need to conduct a careful investigation and review. However, this problem does not exist for the Busaizong family.
Secondly, we usually need to have corresponding collateral, but as I said before, the good reputation of the Busaizong family has completely eliminated our concerns. My partners and I have urgently discussed and decided that we can lend you the money without any collateral. "
With such a promise, Dudley was relieved to get the money he urgently needed: "So, how is the interest calculated?"
"How long do you need it for?"
"Three months, maybe half a year."
"No, that won't work. It will take too long." Larry said, and hurriedly explained, "Mr. Busaizong, it's not that I don't want to help you, but if the loan takes too long, it will put you under heavy financial pressure, because the interest may be too much for you to bear."
Only then did Dudley understand what the other party meant.
Yes, the other party is a loan shark, and the interest rate is no joke.
He then listened to Larry continue: "Under normal circumstances, we can lend you a maximum of one month, with an interest of 15,000 US dollars..."
"What?" Dudley shouted before he could finish his words, "Such a high interest rate?"
"Don't worry, I haven't finished what I want to say yet." Larry seemed to have long been accustomed to the other party's expression when hearing his words:
"Moreover, the interest is deducted first, which means that out of the $30,000, you actually get $15,000. When you return it a month later, you have to pay another $15,000 in interest..."
Crazy, crazy!
It's like you borrowed 30,000 US dollars, received 15,000, but still have to pay the other party a full 30,000 US dollars in interest?
It was not until this time that Dudley truly understood the meaning of usury!
"We are in this business, and that is the rule of this business." Larry said calmly: "In Manila, no matter where you go, the price is the same, we don't just quote the price casually.
You need 30,000 US dollars, so I suggest you borrow 50,000 US dollars. In order to express my respect for the Busaizong family, I can make an exception and give you a huge discount..."
The offer he made was that only $20,000 of interest would be deducted in advance for the $50,000. Of course, when it was time to repay, a total of $80,000 would need to be repaid.
This means that the Busaizong family will have to bear a full interest of 50,000 US dollars!
One month, just one month!
Dudley's expression had turned ugly. After a long while, he said, "You are simply sucking blood."
"Yes, we are indeed sucking blood." Larry did not deny it at all: "But this is what we do, and we also need to take great risks."
You don't have to borrow it, but if you do, you have to follow my rules.
This is Larry's attitude.
Dudley was about to refuse when he heard Carson cough lightly.
He was a little helpless: "You go out and wait for a while, we need to discuss something. Dorok, go with him for some tea."
……
Now, only the Busaizong family was left in the room.
After a moment of silence, Dudley finally spoke up: "Tell me what you think."
"Normally, such a person wouldn't even be worthy of carrying our shoes," Carson said. "But the situation is different now. We have to collect the money within the specified time. Apart from Larry, I really can't think of anyone else who can come up with such a large sum of money in a short time."
"Yes," Kovac said. "I tried to ask for a loan, but almost everyone refused when they heard such a large sum of money."
Dudley's brows knitted together.
How to do?
The Americans must fulfill their promises, otherwise no one can predict what consequences will arise.
But such interest will undoubtedly plunge the Busaizong family into a huge economic crisis.
To lend or not to lend?
"I think we should solve the most urgent issues as soon as possible." Kovacs sighed softly: "As long as the Americans are satisfied, everything is possible.
Such a huge sum of money will indeed make us very embarrassed. But I think we still have a month to deal with the troubles we have encountered. Time, time is the most precious. "
Apparently, Carson shared the same attitude: “Yes, as long as we have the full support of the American people, even though we will suffer huge economic losses, compared to what we get, it’s actually nothing.
The biggest misfortune is to sell off the assets of the Busaizong family. One month, one month we can get out of this predicament."
Dudley pulled out a cigar but didn't light it.
He was in deep conflict.
How to do?
time!
Time is the most precious thing.
Especially under the current circumstances, the Busaizong family must not allow any more problems to occur.
Finally, after a long period of consideration, Dudley said with difficulty: "Well, since everyone agrees, I have no objection. But I must remind you that this is the most difficult time for the Busaizong family, and each of us must be of one mind."
Speaking of this, he was somewhat helpless: "I never thought that I would be reduced to borrowing usury. I hope the honor of the Busaizong family will not be destroyed in my hands."
Then, he pulled himself together and said, "Let the loan shark in!" (End of this chapter)
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