Blackstone Code Chapter 972: 1 paragraph [this
The federal loan interest rate is 5.7% and fluctuates wildly. After all, all walks of life are developing and need money.
So the interest rate of the loan will fluctuate at any time, and sometimes there is a difference of a few percent, which is very unstable.
It's 5.7 percent now, maybe it will increase or decrease later, which is normal.
And the deposit interest rate is less than 3%, about 2.8 or so, it is not a very cost-effective thing to keep money in the bank now, and it can't even beat inflation.
This may also be why federals don't like deposits, they prefer to spend their money rather than put it in the bank to deal with unexpected problems.
"What is your monthly profitability?", the legal commissioner took out a piece of paper and began to count.
The owner thought for a while, then hesitantly said, "About nine hundred yuan to more than one thousand yuan, not too much."
The legal commissioner whistled, "That's not a small amount of income in Bupen."
The Minimum Hourly Wage Law does not have a "guidance" meaning, in other words, it is only a lower limit, an interpretation.
The local minimum hourly wage of Bupen is close to 300 yuan, but most people can get more than 300 yuan, about 345, 378.
The salaries of practitioners in other industries are higher, which is more than 400 yuan. Only financial practitioners, lawyers, and dentists have higher salaries, but this is also divided.
Some people don't get as high a salary as ordinary workers, but some people have already broken through the ceiling of the word salary.
About 1,000 yuan, which is really not much.
And, he lied.
Actually, his store can provide him with a profit of 13,500 yuan per month. He doesn't want to say so much, but just wants to keep a little trump card for himself.
Soon the legal commissioner worked out some numbers, and then he explained to the couple, "I recommend that you opt for five-year repayments, which will be lower than the interest rate on a bank loan!"
The owner asked nervously, "How much will I have to pay each month for five years?"
He has completely forgotten about other things and is starting to seriously consider paying back the money.
"About 1,800 yuan." The legal commissioner put down his pen and wrote some calculation formulas.
The husband and wife looked at each other, and the owner shook his head, "Too many."
The legal commissioner kindly reminded, "If it goes further, the handling fee will increase in steps every year, and it will become less cost-effective, but it also has advantages."
"The bank gives you up to five years, and we can give you longer."
“What is your psychological reserve price and how much can you take out in a month?”
The owner thought seriously, "About... four or five hundred dollars?"
The legal commissioner quickly calculated a similar result, "If you can accept a 20-year repayment period, you only need to pay us six hundred and fifty dollars a month. "
Six hundred and fifty yuan, although it is still a lot, but it is not impossible to survive through gritted teeth, and it has been twenty years.
The owner's wife is a little shrewd, "How much do we have to pay in total?"
The legal officer looked at the documents in his hand, "About 170,000 or less."
This number silenced the couple for a moment. They need to pay 90,000 more, and they are still a little tight every month.
After a while, the owner whispered, "It's too much, we only borrowed more than 80,000 yuan, which must be more than what the bank needs!"
"But the bank won't let you borrow for twenty years, sir, and after five years if you don't pay, they'll take your house and kick you out."
"And we can provide a super long repayment period of 20 years, 80,000 yuan, 20 years, evenly spread to less than 10 yuan per day."
"This business is not a loss."
"If you don't choose, the court will enforce it, they will entrust the bank to auction your house, and you will end up the same."
It was another long silence, but it was beyond the husband and wife's understanding. Borrowing 80,000 yuan and repaying 170,000 yuan was too much.
"Do you have any children?", the legal commissioner suddenly asked, which brought them back to their senses.
"Yes, we have children."
"Have you been in high school?"
The shop owner is very honest now, because he owes a lot of money, and the creditor's representative is in front of him, "No, still in elementary school."
The legal commissioner asked with a smile, "Are you planning to go to college?"
The couple nodded and the wife said, "Yes, we'll send him to college if his studies support him."
"It looks like he needs a good environment, living environment, family environment, study environment..."
These seemingly unrelated words seem to have a terrifying power. The male host's face is ugly. He pursed his lips, and after looking at his wife for a while, he said that sentence heavily.
"I accept your terms."
Yes, like the commissioner said, the bank won't let you borrow that long, and if you don't borrow money from here, they'll end up losing their house.
Then they have to move to messy places, because those messy neighborhood houses are cheap.
There lives gamblers, women, gang members, thieves, thugs, and their kids go to cheap public schools, which are also full of these people, and crime.
For their children, they have to make choices.
"I'm glad you made the right choice, you don't have to be too pessimistic, I have some plans here that can save you some money..."
Then he took out some documents to expand. The above mentioned the problem of counters, but he no longer paid any counter fees at all times.
At the same time they asked the owner and his wife to wear the work clothes that were issued to them at all times in the store, with advertisements on them all the time.
They also recommend every cigarette for every customer who comes to buy cigarettes——
"If they buy our cigarettes, there is no need to recommend it." The legal commissioner smiled, "With the decoration of the front door, starting from the sixth year, you can save 100 yuan per month. "
This is not a difficult account, and in the end they can pay back more than 10,000 yuan less.
If these words were said before they made a decision, they would not be as moved as they are now, and without even more persuasion, they reached an intention and agreed to sign a formal contract the next day.
As collateral, it's still a house, but the conditions are very loose. If they don't pay for three months, they will respond every moment.
Look, this is Mr. Lynch's kindness and generosity!
So **** kind!
But not everyone likes the kind advice from such a kind person.
"There are others who have rejected our offer, Mr. Lynch..."
The next morning, sitting in the office, the head of the legal department continued to discuss the matter, "They would rather sell the house than accept our agreement."
Lynch smiled indifferently, "This is their right. We cannot interfere with other people's choices. The Charter gives them the right to choose freely. We need to respect them."
"I remember that after the trial results come out, is there a deadline for execution?"
The head of the legal department nodded, "Yes, they have two weeks as a buffer, and if they can't fulfill the outcome of the trial within two weeks, they must file a request to the court for a delay in fulfillment."
"Is every request supported?"
The head of the legal department shook his head, "If we insist on performance, the court will support our request to a large extent, because we are the plaintiff and the victim."
Lynch was quite satisfied with the legal professionalism of the head of the legal department. He picked up the pen and pointed to the head of the legal department, "Arrange people to watch, and don't give them the opportunity to apply for postponement."
The head of the legal department knew Lynch's thoughts as soon as he rolled his eyes. If they didn't pay the money within the deadline, and refused to extend it every moment, then they had to go through the procedure.
They would entrust banks to auction off these people's real estate to raise money, and it's not surprising that third-party bank auctions fetch any price.
If something worth 100,000 yuan goes in, it is a very conscientious result to be able to shoot for 50,000 yuan.
"I know what to do."
At dinner with Catherine at night, Catherine also talked about this.
"Many people say you're sucking blood..." She will soon return to Curryland to submit her internship report, and then the school will write an evaluation for her.
These don't seem important, but they're actually very important. You never know when someone will turn up these documents and point to those comments that are embarrassing or happy.
Eat this meal, she will go back early tomorrow morning.
While manipulating the knife and fork, Lynch replied, "I always believe in one point. If I make a mistake, I have to take responsibility. Escape is not the way."
"Even if you can't afford it, you have to do it!"
In his previous life, he didn't even appeal when he was locked in a small room. He knew that the moment he was held on his shoulder, the ending was already determined, and the rest was just a form and a process. ~IndoMTL.com~ He is responsible for the mistakes he has made, so he hopes that others are too. He is not willing to do it when someone hurts him. He will let those people understand that the cost of avoiding is often more serious than taking it.
The girl's smile was a little melancholy. Although she and Lynch spent less time together, she felt a kind of closeness inexplicably, because she knew that Lynch was also in this city.
Now she's leaving, a touch of melancholy and sentimentality hovers around her.
Lynch is sometimes romantic and sometimes very good at breaking the mood.
“What do you think about education reform?”
"Huh?", Catherine didn't react for a while, education reform, reform what?
Lynch picked up the napkin at hand, wiped the grease from his lips, and took a sip from the glass, "Education, reform, you know, the current education system is a failure, and that's why we didn't go to college. The reason!"
"It's almost time to evolve to the next stage..."