The words of Wan Pojun suddenly caused a commotion among the more than 700 members of the Ye family’s collateral line!
Although these collateral members of the Ye 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 twelve 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 Ye family members has a very good relationship with the bank and the capital. If they really want to borrow, they can easily get a large loan with an actual annualized interest rate of less than 5%. With this staging plan given by Pojun, he couldn’t help but yell at him for its black heart.
So, 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 can I use the mortgage to pay the two. One billion, hit your account!”
Others also echoed: “Yes, Master Wandian, as long as we give us one day, we can get a mortgage loan! Please allow me a little more time!”
Wan Pojun 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 Ye Family’s collateral members suddenly wore their faces one by one.
At this moment, Ye Tianxiao blurted out: “Master Wandian, I am willing to install it in installments!”
Everyone thought that Ye Tianxiao would be the first to give in, and was about to despise it. He only heard Ye Tianxiao continue to say: “I would like to divide all the arrears into two installments. Within two months, I will use all the money. Fill.”
When the others heard this, they immediately slapped their thighs.
They were 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 will naturally feel a lot more comfortable.
As a result, a group of people began to actively express their views.
Wan Pojun 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, Wan Pojun didn’t know exactly how to stipulate at this time, and Ye Chen also 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 Wandian, I suggest you still give a fixed installment ratio. All those who cannot pay in cash and choose installments must choose the least. Sixty installments, no caps!”
Everyone immediately followed the prestige and saw that Ye Chen had already strode over, accompanied by Tang Sihai.