NovelEnglish
The words of Abbas suddenly caused a commotion among the more than 700 members of the Wade Family's collateral
line!
Although these collateral members of the Wade Family are not the top entrepreneurs, they are still much smarter than
young people who have no brains to use credit card installments.
Those mindless young people think that it is a very cost-effective thing to pay by installments, but they don't know that
the bank has already thoroughly eaten their mentality.
The interest rate for each instalment repayment is six thousandths. It seems that ten thousand yuan is divided into
twelve instalments. It only needs to pay sixty yuan more a month, but twelve instalments a year is 720 yuan!
Relative to the principal of 10,000 yuan, the annual interest rate for one year instalment is 7.2%!
This is just a rough calculation method. You should know that 10,000 yuan is not repaid once a year, but monthly in
Follow on NovᴇlEnglish.nᴇttwelve instalments. The principal of each period is decreasing, but the interest rate is fixed at one time. Calculated with a
principal of 10,000 yuan, if this is calculated, the actual interest rate even exceeds 13%!
This interest rate is a huge profit in the financial market.
Each of these Wade Family members has a very good relationship with the bank and the capital. If they really want
to take a loan, they can easily get a large loan with an actual annualized interest rate of less than 5%, so just listen.
With this staging plan given by Abbas, he couldn't help but yelled at him for being black-hearted.
Therefore, someone said: "The Master of the Pantheon...After all my cash is given out, there is still 2 billion. Please
allow me one day. Only one day will be able to use the mortgage to make this 2 billion. To your account!"
Others also echoed: "Yes, Master , as long as we give us one day, we can get a mortgage loan! Please allow me a
little more time!"
Abbas said coldly: "Grace is impossible. Each of you must make up all the arrears within an hour, otherwise you
must sign an installment agreement!"
These Wade Family collateral members suddenly frowned.
At this moment, Tianxiao blurted out: "Master , I am willing to install it in installments!"
Everyone did not expect that Tianxiao would be the first to give in, and was about to despise it. He only heard
Tianxiao continue to say: "I would like to divide all arrears into two installments. Within two months, I will make up
all the money. superior."
When the others heard this, they immediately slapped their thighs.
They were just shocked by the six-thousandth installment fee, but they forgot that they can choose the least
number of installments.
If you divide it into two installments, you only need to pay two six-thousandths, which adds up to 1.2%.
In this way, it is naturally much more comfortable.
Follow on Novᴇl-Onlinᴇ.cᴏmAs a result, a group of people began to actively express their views.
Abbas couldn't help frowning, and guessed the intentions of these people in his heart. They must first want to install as
few installments as possible, and then seize the time to raise funds to fill in this installment hole.
In this way, we can get rid of the high interest rate trap of installment payments.
However, Abbas didn't know exactly how to stipulate it at this time, and Charlie didn't tell himself what to do with the
specific number of installments on the road of installment payment.
Just when he didn't know how to define it, he only heard a familiar voice loudly: "Master, I suggest you still give a fixed
installment ratio. All those who can't pay in cash and choose installments must choose at least six. Ten installments, no
cap!"
Everyone immediately followed the prestige, and saw that Charlie had already strode over, accompanied by Stephen
Thompson.
These collateral members of the Wade Family recognized Charlie, and someone suddenly yelled: " Charlie! What the hell
do you mean? Do you unite others to cheat your family?"
"Grass! I didn't expect that, as bruce's son, you would become someone else's running dog!"
"Charlie! Are you the damn Wade Family! Even your own family are pitted, what the hell are you!"
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