Chapter 70 Are You Trying to Rob Me?
“You were referred by someone I know, so there’s no need for ID, just the loan number. Earlier, when you asked your sister to sign, I didn’t ask her for an ID, did I Garth looked at Liam, a hint of disdain flashing
in his eyes.
They were loan sharks, offering loans designed to trap people in endless debt.
But seeing someone trick their own sister into taking out a loan? That was something new to him.
Garth wasn’t a saint by any means, but even he couldn’t respect Liam for this.
Meanwhile, Liam wasn’t about to take any risks himself with a loan shark.
If the factory starts getting big orders and things improves, paying back the loan won’t be an issue.
But if the factory fails to turn a profit, how will I ever repay the money?
And if word gets out that I’ve taken out a loan from a loan shark and can’t pay it back on time, how will I face the neighbors?
No, I can’t afford to sign this loan.
“Just a little more time. My niece went to find Caroline. I’ll give her a call now.”
Liam, visibly anxious, dialed Helen’s number. The phone rang for what seemed like an eternity, but no one answered.
Desperately, he dialed again. This time, the voice on the other end informed him that the phone was off.
Caroline’s phone was off earlier, but now Helen’s is off too?
While Liam tried to process this, Garth spoke up again. “Mr. Somerton, we’ve been waiting almost two hours. We haven’t even had lunch. I’m sure you’re hungry too. Why don’t we just sign the loan and get it over with?”
He pushed the contract back toward Liam.
Liam gritted his teeth. His stomach was growling loudly, and the wait for Helen and Caroline/seemed pointless now.
I’ll sign it, then.
Once the factory is making money, the loan
on’t be a big issue.
He began scanning the document, but as soon as he reached the second pàge, his expression changed. He looked up sharply at Garth.
“I’m borrowing 300,000, so why does this say 380,000
Garth’s response was calm. “I already explained this. Since we’re providing the funds immediately, the service fee is higher,”
Liam’s anger flared. “But this is insane!”
1/2
TV Are You Trying to Rob Me?
This is 80,000 dollars in fees! Who charges that much in loan fees? This is blatant exploitation.
Finished
Garth’s face darkened at his response. “Now you’re complaining it’s too expensive? I’ve reminded you that there would be a few ten thousands in fees, and you said it was fine–just a few ten thousands, no problem!”
Liam didn’t have an answer for that.
Earlier, he had been so desperate to get the loan that he hadn’t bothered to think through the details.
Seeing his silence, Garth smirked. “To be honest, what you’re doing is a bit pathetic. Earlier, when you had your sister sign the papers, you didn’t even look at the contract. But now that it’s your turn to sign, suddenly there are all these problems.”
The message was clear.
Liam’s face flushed with embarrassment. He tried to protest. “No, you don’t understand! Stop saying that!” But deep down, he knew it was true.
He had been so focused on getting the loan approved quickly that he didn’t care about the extra costs.
After all, Caroline didn’t usually spend much, and if the loan helped resolve his company’s issues faster, it would be worth it.
Garth wasn’t interested in listening to any more excuses. His voice grew more impatient. “I’m giving you this loan because you were referred by a relative. Don’t make this harder than it needs to Just sign the damn contract!”
Liam stared at the contract, his thoughts racing.
He contemplated whether to sign the contract, but he wanted to back out when he saw the interest rates.
It might not seem a lot compared to other loan companies, but it would add up to a lot if you really calculated.
He realized this was a scam, a trap.
Suddenly, he stood up. “I’m sorry, I didn’t fully understand the terms. We’re not taking this loan. I’ll return the 300,000 right now. Just give me your account details.”
He grabbed his phone, ready to send the money back.
Garth’s expression turned cold. “No problem. But if you cancel, there’s a penalty of 150,000.”
At those words, Liam’s anger erupted. “I’ve had the money for two hours, and I haven’t spent a single cent, and now you want to charge me that much? Are you trying to rob me?”
This is outrageous
