Blackstone Code

The federal loan interest rate is 5.7%, and it fluctuates greatly. After all, all walks of life are developing and need money.

Therefore, the loan interest rate will fluctuate at any time, and sometimes there is a difference of a few percent, which is very unstable.

It is currently 5.7%, and it may increase or decrease later. This is normal.

The deposit interest rate is less than 3%, about 2.8%. It is not a very cost-effective thing to keep money in the bank now. It cannot even beat inflation.

This may also be the reason why federal people don't like deposits. They would rather spend their money than put it in the bank to deal with unexpected problems.

"What is your monthly profitability?" The legal specialist took out a piece of paper and began to calculate.

The shop owner thought for a while and said hesitantly, "About nine hundred to a little over a thousand, not too much."

The legal commissioner whistled, "This income is not small in Bupain."

The "Minimum Hourly Wage Law" does not have a "guidance" significance. In other words, it is just a lower limit and an interpretation.

The local minimum wage in Bupen is close to 300 yuan an hour, but most people can get more than 300 yuan, about 340, 500, 3780.

The salary of practitioners in other industries is higher, which is only more than 400 yuan. Only financial practitioners, lawyers, and dentists have higher salaries, but this also depends on the person.

Some people's wages are not as high as those of ordinary workers, but some people have already broken through the ceiling of the word salary.

It’s about a thousand yuan, which is really not that little.

And, he lied.

In fact, his store can provide him with a profit of thirteen to five hundred yuan every month. He doesn't want to say that much, he just wants to keep some trump cards for himself.

Soon the legal specialist calculated some data, and then he explained to the couple, "I recommend that you choose five-year repayment, which will be lower than the interest rate of loan from the bank!"

The shop owner asked anxiously, "If it lasts five years, how much will I have to pay back every month?"

He had completely forgotten about other things and began to seriously consider paying back the money.

"About 1,800 yuan." The legal specialist put down his pen and wrote some calculation formulas.

The couple looked at each other, and the shopkeeper shook his head, "It's too much."

The legal specialist kindly reminded, "If you go further, the handling fee will increase step by step every year and it will become less cost-effective, but it also has advantages."

“The bank will give you up to five years, but we can give you longer.”

"What's your minimum price, and how much can you get out of it in a month?"

The shop owner thought seriously, "About... four or five hundred yuan?"

The legal specialist quickly calculated a similar result, "If you can accept the repayment period of twenty years, you only need to pay us six hundred and fifty yuan every month."

Six hundred and fifty yuan, although it is still a lot, it is not impossible to get through it with gritted teeth, and it will take twenty years.

The shop owner's wife was a bit astute, "Then how much do we have to pay back in total?"

The legal specialist looked at the documents in his hand and said, "Probably less than 170,000 yuan."

This figure made the couple silent for a moment. They needed to pay back an extra 90,000 yuan, and they were still a little tight every month.

After a while, the shop owner whispered, "It's too much. We only borrowed more than 80,000 yuan, which is definitely more than what the bank asked for!"

"But the bank won't let you borrow it for twenty years, sir. If you don't pay back in five years, they will take your house and kick you out."

"And we can provide a long repayment period of twenty years, 80,000 yuan, for twenty years, amortized to less than ten yuan a day."

"This business is not a loss."

"If you don't choose, the court will also enforce it. They will entrust the bank to auction your house, and your ending will be the same."

There was another long silence, but this was indeed beyond the couple's understanding. Borrowing 80,000 yuan and having to pay back 170,000 yuan was too much.

"Do you have children?" the legal commissioner suddenly asked, which brought both of them back to their senses.

"Yes, we have children."

"Are you in middle school?"

The shop owner is very honest now, because he owes a large sum of money. In front of him is the creditor's representative, "No, he is still in elementary school."

The legal specialist smiled and asked, "Are you planning to go to college?"

The couple nodded, and the wife said, "Yes, we will send him to college if his studies support him to do that."

"It seems that he needs a good environment, living environment, family environment, learning environment..."

This seemingly unrelated sentence seemed to have a terrifying power. The male host's face was ugly. He pursed his lips, and after looking at each other for a moment with his wife, he said those words seriously.

"I accept your terms."

Yeah, like the commissioner said, banks won't let you borrow for that long and eventually they'll lose their house if they don't borrow from here.

Then they have no choice but to move to messy areas because housing in those messy neighborhoods is cheaper.

It is populated by gamblers, gang girls, gang members, thieves, and thugs, and their children can only attend cheap public schools, which are also filled with these people and crime.

For the sake of their children, they have to make a choice.

"I'm glad you made the right choice. Don't be too pessimistic. I have some plans here that can save you some money..."

Then he took out some documents and unfolded them. It still talked about counter issues, but he no longer paid any counter fees at any time.

At the same time, they required the shop owner and his wife to wear the work clothes issued to them at all times in the store, with the advertisement for each time on them.

They also recommend cigarettes for every customer who comes to buy cigarettes.

"If they buy our cigarettes, there is no need to recommend them." The legal specialist smiled, "With the decoration of the front door, starting from the sixth year, you can pay back a hundred yuan less every month."

This was not a difficult account to settle, and in the end they were able to 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 agreement and made an appointment to sign a formal contract the next day.

As collateral, it is still a house, but the conditions are very loose. If they don't pay back the money in three months, they will respond every moment.

Look, this is the kindness and generosity of Mr. Lynch!

So damn kind!

But not everyone likes the kind suggestions put forward by such a kind person.

"There are still some people who have rejected the agreement we offered, 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 nonchalantly, "This is their right. We cannot interfere with other people's choices. The Charter gives them the right to choose freely, and we need to respect them."

"I remember that after the trial results come out, there is a deadline for execution, right?"

The director of the legal department nodded, "Yes, they have two weeks as a buffer. If they cannot fulfill the results of the trial within two weeks, they must file a request to the court to delay performance."

“Will every request be supported?”

The director of the legal department shook his head, "If we insist on performance, the court will most likely support our appeal, because we are the plaintiffs and the victims."

Lynch was quite satisfied with the legal professionalism of the head of the legal department. He picked up a pen and pointed at the head of the legal department, "Arrange people to keep an eye on it and not give them the chance to apply for deferment."

The head of the legal department knew Lynch's thoughts in a blink of an eye. If they failed to pay the money within the deadline and refused to extend it every time, then they would have to go through the procedures.

They will entrust banks to auction these people's real estate to raise money. It is not surprising that the third-party bank auctions will fetch any price.

If you buy something that costs 100,000 yuan, it is already a very conscientious result if you can sell it for 50,000 yuan.

"I know how to do it."

When having dinner with Catherine in the evening, Catherine also talked about this issue.

"Many people say you are sucking blood..." She was about to return to Curiland City to submit her internship report, and then the school would write an evaluation for her.

These may not seem important, but they are actually very important. You never know when someone will pull out these documents and point to those comments to make people feel embarrassed or happy.

After eating this meal, she will go back early tomorrow morning.

While fidgeting with the knife and fork, Lynch replied, "I have always believed that if you make a mistake, you must take responsibility. Escape is not an option."

"Even if you can't afford it, you still 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 down by someone's shoulders, the outcome had already been decided, and the rest was just a formality, a process.

He takes responsibility for the mistakes he has made, so he hopes that others will do the same. If someone hurts him and is unwilling to do so, he will make those people understand that the cost of escaping is often more serious than bearing it.

The girl's smile was a little melancholy. Although she and Lin Qi got together less often, she felt an inexplicable closeness because she knew Lin Qi was also in this city.

Now that she is leaving, a touch of melancholy and sadness linger around her.

Lynch is sometimes very romantic, and sometimes very good at breaking up the atmosphere.

“What do you think about education reform?”

"Ah?" Catherine didn't react for a moment. Education reform, what reform?

Lynch picked up the napkin at hand and wiped the grease off his lips, then took a sip from the wine glass, "Education, reform, you know, the current education system is a failure, and that's why we don't go to college!"

"It's almost time to evolve to the next stage..."