Mo Ming did not rush to force these people, he gave them enough buffer time.
Why is it called "buffering" time instead of "thinking" time
Because Mo Ming knows that this little time is not enough for this group of people to make up their minds. After all, this is a big piece of fat, and they have really never been exposed to "instalment repayment", and no one dares to try it easily.
After thinking for a long time, these "rich people" couldn't make up their minds.
At this time, Mo Ming spoke again:
"I know you feel that you have suffered a loss by repaying in installments, and you are worried about what will happen if these people don't accept the debt in the future. Let me solve these two problems for you!"
First threaten them with "turning over" to force these people to submit, and then help these people come up with solutions.
With a slap in the face and a sweet date, Mo Ming believes that these people will make the right choice:
"Let's solve this problem of 'not admitting' first. Whoever among you has reached a consensus on the transaction can sign a treaty together in front of everyone present, in duplicate, and both of you will keep it. This way, it will be written in black and white. Don’t you accept the account? If you are still worried, you can make it in triplicate, and I can keep one copy for you here!”
"Then, there is the problem of 'suffering a loss'. This is easy to handle. You can do this. People who repay in installments can add additional compensation interest every time they repay the loan. This interest can be half or 10 percent. , 20%, 30%, together with the agreed twelve times the principal plus the previous four times the principal, calculate the total amount, and pay it off in ten months, or twelve months a year, or two years and twenty-four months. .”
"What I said is okay, right?"
After saying that, Mo Ming held his waist and waited for the reply from the group below.
The group of "rich people" below looked at each other. At this time, they were also very confused.
Mo Ming, who was originally united with him, suddenly turned against him and put pressure on them, forcing them to make a choice.
It would be fine if it was about other things, but this "money" thing is not that simple. They really have never experienced this kind of thing...
In fact, it’s no wonder when you think about it.
This group of family members usually feel very uncomfortable being suppressed by the family rules. To put it bluntly, they have never seen so much money in their entire lives.
Now that there is so much money in front of them, can they not be more cautious
Mo Ming's words just now echoed in their minds, and they thought about them one by one. As Mo Ming said, their two biggest knots were "distrust" and "fear of suffering a loss"!
But now Mo Ming has solved it for them.
The problem of distrust can be solved through a contract, which is fine. The "fear of losing money" behind is a bit interesting.
Increasing interest rates means making money, who wouldn’t want to do that
Who would mind having too much money
It is indeed a bit difficult to ask ordinary children of these families to pay back hundreds of taels of silver at once, and they themselves are not short of money for the time being. These people who lend them money owe them so much money, even if they charge interest, they can still charge a lot. ah.
This is equivalent to an extra income, why not
"Okay, since Brother Moming said so, I'm willing to give it a try!"
Someone in the crowd said something loudly.
Someone took the lead, and others also spoke one after another, saying:
"Okay, I see it's not easy for you to repay the money, and I won't force you to do anything difficult. You will make a written agreement to repay my money in twelve months of one year!"
"Come on, come on, I allow you to repay the loan in installments just for Brother Moming's sake, but I have to charge 20% of the interest!"
…
Then, a new round of wrangling began again.
The difference is that the focus of this conference is "interest"!
One hundred taels of silver earns 10% interest, which means paying an extra ten taels of silver. Two hundred taels of silver earns 10% of the interest, which means paying an extra 20 taels of silver. Three hundred taels of silver earns 10% of the interest, that is, an extra payment. Thirty taels of silver.
As for one hundred taels of silver, if 20% interest is charged, an additional 20 taels of silver will be paid. For two hundred taels of silver, an additional interest of 40 taels will be paid, and for three hundred taels of silver, an additional interest of 60 taels will be paid.
If 30% of the interest is charged, the interest figure will be even more terrifying.
And this only counts up to three hundred taels at most. You must know that the total debt here has reached as high as four or five hundred taels. There are many people there!
If calculated based on the total debt, the interest rate is a bit scary...
Maybe these "rich people" themselves have noticed this and are embarrassed, so when they look for excuses, they have to bring "Mo Ming" with them.
What is it for Mo Ming's sake, what is trust in Mo Ming, etc...
Haha, why haven’t I seen you give me more money for my sake before
People, this is actually the case. When you are useful to them, they will think of you immediately, and when you are not helpful to them, they will be indifferent to you.
Just like now, they need the step of "Mo Ming", and they also need the name "Mo Ming" to deter these people who borrow money, for fear that these people will not repay the money in the future.
Mo Ming stood aside, listening to these "rich people" using his banner in various ways, and he thought to himself, this can't be for nothing for you to use my banner!
The two groups below quickly reached an agreement, and most people chose to have the contract written in triplicate, one for each person, including those who borrowed money and those who owed money, plus Mo Ming.
In fact, this triplicate contract usually uses a "third party" like Mo Ming as a guarantor. For example, if the person who owes money suddenly does not pay back the money, then the person who borrowed the money will have a reason. Find Mo Ming as the "guarantor".
However, Mo Ming's place is quite special.
He only serves as a notary, witnessing both parties signing the loan documents. As for the "guarantee"...
Haha, you guys didn’t give me any money, so why should I give you a guarantee
In fact, even if Mo Ming is willing to be the "guarantor", if something happens in the future, others will not dare to come to him...
As for interest, most people keep it at 10%, and a few keep it at 20%, but none exceed 30%.
After all, the 30% interest rate is too high. It is almost equivalent to paying an extra one-third of the money, which is beyond the bottom line of those people.
"Is everything done? Is there anyone left behind?"
After almost everyone's contracts were completed, Mo Ming smiled and clapped his hands.
No one spoke at the bottom, which meant that everything that needed to be done had been done and nothing was left behind.
At this point, Mo Ming nodded with satisfaction.
Then, I heard him say again:
"I just took a look, and everyone is making a lot of money. However, there is a saying that 'drink water without forgetting the man who dug the well.' So, I hope everyone can transfer all the interest you receive to me! "