Facing Liu Menglong's question, Sister Hong nodded and casually replied, "It's not usury, it's informal lending."
"My personal view is that many people misunderstand informal lending. Actually, as long as there's a project bringing quick money, you can deal with usury. But if the profits and repayment period aren't clear, then you should definitely avoid it... Informal lending shouldn't be gambled on, it should only be used for emergencies."
This was her personal feeling, and she felt confident saying it.
However, Liu Menglong, though appearing scholarly, wasn't entirely naive. He questioned skeptically, "But if the project is good, wouldn't someone forcibly lend me at usury rates?"
At the end of the day, he didn't want to get involved with usury. Who among decent people wants to touch usury?
