He realized that the interest rates for the loans from these online loan platforms were all very high. Some of the interest rates were simply insane. If he were to take out a loan of seventy thousand dollars from them, then he would have to pay back a hundred and thirty thousand dollars after just one week!
The interest rate was nearly doubled! At this time, William could not help but asked Jeff with a worried expression on his face, “Brother Jeff, the interest rates on these loan platforms are simply too high. It’s almost equivalent to the amount of money that I can make from investing my money with you. If I were to borrow money from them to manage my financial affairs, then wouldn’t I be indirectly helping these online platforms to make money?”
Jeff waved his hand indifferently as he smiled and said, “Don’t worry. These loan platforms that I’ve recommended to you are all operated by my friends. It might seem as though the interest rate is really high but they would be able to waive the interest rate entirely for you as soon as I give them a call.”
After that, Jeff said, “The reason why such a high interest rate is displayed on the loan platform is because they have to ensure that all the users appear the same on the surface. However, the actual operations behind it all is much more complicated than this. If you don’t understand, you can just listen to my arrangements then.”
William had been a pathetic jerk for more than half of his life. He has never seen or encountered much money in his life and he has never seized any opportunity to make much money in his life. Therefore, he could only regard Jeff as his lifesaver now.
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