Chapter 54

Repayment of principal and payment of interest are the basic principles of credit. But in China, the word "long-term interest free" has broken it.

First of all, no one can tell for a long time how long it has been. Many collectives have borrowed interest free loans since the 1950s and 1960s to pay their members' salaries, or simply as government investment to build infrastructure. However, no one has actively done anything to repay them. Many of the debts of the production teams of the 60s and 70s generation are owed, and even the main body of the loan can not be found, So that banks can only use precipitation to describe these loans.

In addition, some bank outlets are rough in their work. As Duan Hang said, they don't write down the repayment time at all, so they become indefinite loans, which means they don't have to pay back.

In the era when administrative agencies could greatly influence the banking system, long-term interest free loans were misappropriated by various special funds, just like appropriations. To some extent, they were also a piece of Tang Monk's flesh. As a result, the state finance office had to issue repeated notices to require all localities to use long-term interest free loans.

The bank's loan collection policy is even more reluctantly subordinated to reality, stipulating that "in a good harvest area, in addition to recovering the loans due in the current year, it should also recover as much as possible two parts of the old loans; In principle, ordinary production areas should take back the loans due in the current year. In areas where production is reduced due to light disasters, they can collect less as appropriate, and strive to achieve a balance between the collection and release in the current year.... "

Such a banking policy, in capitalist countries, banks will certainly go bankrupt and die, and capitalists will grin.

However, even if banks have conscience, it is left to the collective. After the reform and opening up, long-term interest free loans can be extended to individuals, but ordinary people can't help worrying.

There is no bankruptcy law in China. In 1982, no matter how bad the state-owned enterprises were, they could not survive. The debts they owed were always on the account. The same is true for personal loans. If a natural person who can't go bankrupt owes money to the bank, his father can't pay it back. Naturally, his son will pay it back. If his son can't pay it back, his grandson will pay it back.

It's not nice to think about the debt after death.

Moreover, although the people at this time are simple, they also have simple worries.

Although it is a long-term interest free loan, what should we do when the policy changes?

Yang Rui, who came from 30 years later, can say with a smile that "the policy will not change, neither will it change in 30 years, nor will it change in 50 years". However, before the southern tour speech, none of the people who dared to say so or who said it was useful.

Simple Chinese people must consider that maybe one day, long-term interest free loans will become their own curse, and some people will open classes to force you to pay back, regardless of the long-term

Further, some people will think, in the future, will the money become valuable?

Although any student in the 21st century can laugh at this point of view: China's inflation has become a ball, and the ability of deflation? I've never seen a basketball play like a baseball when it's shriveled. In the news, I only heard that RMB has appreciated externally. Who dares to say that RMB has appreciated internally? Let him try to sell the foreign exchange!

However, the general idea of the 21st century, put in the 1980s, is a future that economists dare not declare.

In recent years, the Soviet Union still pretended to live for a long time. In order to survive the "free world", Europe still put on a cute self portrait with a pouting buttock and completely endured the trade gap with the United States. Yang Rui laughed: "you are so sure that I can't make money selling books."

"Ah... No, of course not. I'm afraid you don't think the loan is good."

"The loan is a bit troublesome. How long can it be approved?" Yang Rui knows the efficiency of banks.

Duan Hang didn't know, so he said, "as long as you get a loan and sign the documents, they will give you cash. I'll find someone for two days at most."

"Cash... That's fast." Yang Rui really felt fast. In the 1980s, he experienced too many inefficient things. He didn't expect that bank loans turned into efficient things instead.

Duan Hang carefully looked at Yang Rui for a long time and said, "don't think I'm selling loans. You can borrow them if you want, or you can't borrow them if you don't want. Don't be reluctant. There's always a way to do it."

"Is it legal?" Yang Rui suddenly asked. He didn't ask this question because of his strong sense of law-abiding. As a man who aspires to be a biological company, such things as law-abiding are just floating clouds. However, too obvious illegal events can't be done and it's not cost-effective.

Duan Hang was stopped by Yang Rui, thought for a while, and said: "it's certainly not illegal to break the law. People in credit cooperatives have more loans in their balance, so they want to force them to the employees. However, you are still a student. If you don't make a fake, you may not get a good loan. "

After a moment's hesitation, Duan Hangang said, "let's borrow in my name. When I get the money, I'll transfer it to you, saying that my wife wants to do business. It's OK to borrow a few thousand yuan."

"No, in my name. I want to borrow more. ""More loans? How much? "

"If there is no interest, or if there is little interest, we can borrow as much as we can." Yang Rui is not worried about not being able to repay the loan at all. Recently, in two years' time, China's inflation will go through the sky. The official data of 25% a year means that the banknotes depreciate by more than 25% a year. If you can buy some hot goods, you can make three or five times as much profit as playing.

In the long run, even if this kind of long-term interest free loan can not be used for 30 years or more, it will be the same as giving nothing. In 1992, the monthly salary of the workers rose to more than 200 yuan, which is five times as much as it is now, not to mention the power of a large sum of money.

Even if he grabs a pig's head here and changes all the money into stamps, he can still make money in the 1990s.

If you just want to live a comfortable life, you can buy stamps with interest free loans in the 1980s, sell stamps to buy stocks in the 1990s, and sell stocks to buy houses in the 1990s. It's safe to be a billionaire.

Duan Hang didn't expect Yang Rui to be so fierce. He said carefully: "although it's OK to return it at any time, it doesn't mean that you can't return it. If you squander it, it's a trouble."

"What to squander, to invest, is to invest."

"What to invest in?"

"Too much..." Yang Rui's eyes crossed Duan Hang and saw the brick house not far away. He suddenly lost his strength.

Talking about investment in such an environment is like going to an interview in shorts. It's really a bit unconvincing.

Duan Hang felt the handle of the motorcycle and thought, "the credit cooperatives in Xi county have a minimum balance of tens of thousands of yuan a month. If you want to, I think it's no problem to get 10000 yuan or 20000 yuan. It's hard to get more."

"If you borrow 10000 yuan or 20000 yuan, is it in your name or mine?"

"Or in my name, you are a student, not good loan." Duan Hang repeated it. In fact, he also feels pressure. The monthly salary plus subsidy of the criminal police captain is no more than 60 yuan, which is already a high salary in the county. If he does not eat or drink in 10 years, he can accumulate 6000 yuan, and in 20 years, he can accumulate 12000 yuan. Besides, he can't help eating or drinking.

If it wasn't for an article Yang Rui gave him and 500 yuan he didn't care about, Duan Hang would not have helped him.

Yang Rui hesitated for a moment and said, "I'll lend it in your name. I'll write an IOU for you."

Duan Hang politely agreed. Whether it's 10000 or 20000, it's not a small number for him, and he still has a wife.

……

In the next two days, Yang Rui was rather worried about gains and losses.

Fortunately, Duan Hang didn't let him wait long. As a real power figure in the Public Security Bureau, Duan Hang had many ways in the county. On the third day, he got an interest free loan of 12500 yuan. The loan lasted for 10 years, and he paid back cash.

For this kind of loan, Yang Rui from later generations only envies. However, what really surprised him was his eldest cousin. This woman, who was not familiar with him, gave Yang Rui full trust. Only after meeting him, she acquiesced in her husband's decision.

Yang Rui was surprised at his decision to lend the family's ten-year income to others or to borrow money from himself.

What he had prepared to say was of no use at all.

I only need half a year for this money. After half a year, I will buy all the stamps and leave them to my cousin. Yang Rui made this decision secretly.

After receiving an interest free loan of 12500 yuan, Yang Rui finally felt like a second generation official.

In recent years, there is an official Father. Even if he is just a secretary of the township party committee, he can't do business with his own money.

Yang Rui only took out 2500 yuan to make a deposit for the second volume of Jiefang printing factory. When they had all printed it, he personally escorted it to the provincial capital, ready to make a decision according to the market reaction.

……