# A Double Loan

## Summary

About a double loan and interests. Borrow to be rich!

Genre:
Mystery / Thriller
Author:
Ivan
Status:
Complete
Chapters:
1
Rating:
n/a
Age Rating:
13+

## A Loan

There are some instances in life, when you need to borrow some money. That happened to me, too.

So, there was an add from a nice-name company. So, I decided to do that, to borrow the money. Not much. Just- \$350.00.

The interest seemed to be good, the biweekly payments- only around \$60.00. But that loan seemed to have a jinn: it made me make another loan, as I received the message that I qualified even for more. So, I borrowed another \$150.00.

My calculations were simple: if for \$350 I had to pay \$60.00, then for another \$150.00- another \$35.00. And that was my mistake. I forgot that banks like to make money from nothing, from the sky, the clouds, the rain and the air.

The easy arithmetic would prompt you, that \$350.00 + \$150.00 is \$500.00. That’s where was my mistake. They have a different math: \$350.00 + \$150.00 = \$650.00! They know the Einstein’s theory of relativity well: if it’s \$500.00 in my place, it could be \$600.00 in theirs, as they are on another planet.

A nice man’s voice on the phone explained to me that that was an interest. And, when I borrowed the money the second time, they considered that the loan of \$650.00, not of \$500.00, as I haven’t paid off the first benevolently granted to me loan yet, so, they considered it as an agreement for the \$650.00, not of \$500.00. Whichever the way I tried to find out, why I had to pay another \$100, that I didn't borrow, the answer was either vague or equivocal, or misunderstanding: INTEREST!

So, the interest is 130%? This way or that way, I wanted to borrow one amount, but they made me borrow another, and in my understanding, the interest consisted of the Interest + Mistrust, even if I borrowed from them the money before. Which is the % of Mistrust, I cannot know, but maybe, some 50%?

The good news is that the interest rate can change. When, how and in which favor, it's not known yet: the mists and the fogs of financial operations cover that part of the story.

Ivan Petryshyn

Further Recommendations

Hakuna_Matata_ARMY: Por Que No Hay Lemon Con Personajes Así De Perfectos :(

Baggie Keay: A desperately sad but funny short story that needs a lot of spelling and grammar tidying up. However it really is a delightful read and although a lot is packed into a short, short book it doesn't actually feel at all rushed.

Katy: Need to read the rest!!!

alexandra: Ich kann nicht sagen wie oft ich am heulen war und ich hoffe für Mia das sie endlich glücklich werden und vele Welpen bekommen hoffe auf einen weiterführen wie es dem andern geht was in der Eifel passiert 🤞

María Del Carmen: Buena redacción, signos bien colocados que hacen fácil la lectura y comprensión

Viola.: Tolles Buch 👍😄

ina: Die Bücher sind einfach nur klasse

ina: Auch das 2. Buch ist fantastisch geschrieben

Lorraine Feehan: Loved story can’t wait to read more

More Recommendations

Sonia: Me gusta, pero le da demasiadas vueltas a las cosas, a veces se hace pesada la lectura

Country Girl: Her husband is a dick and I hope you update it soon. I love it so far

Hallie Cox: Liked the plot needs better proof readers

shae inkster : absolutely loved this story. definitely a part 2!! please i need more of this book asap.

suzell: So looking forward to reading the next book.

suzell: Need to read the next book. This is such a awesome story.