Chapter 90 This is a harvest (Additional chapter 510 for the leader of the alliance 'Ying')

"Wang Hao, Wang Hao, help me check if there is any problem with this clause?"

When Wang Hao was trying to figure out the whole story,
Xingqiu and Boss Zhang also drafted new terms.
Xingqiu shouted to Wang Hao to come and have a look.
He paid the General Affairs Department 50,000 Mora as a service fee, just to order Wang Hao around!

Wang Hao was not unhappy at all, he just treated it as a normal job, took the terms and conditions, and read them one by one.

for a long time,

"Clause 3: If you cannot repay the principal and interest in full at once, you will have to repay the interest first. Has Boss Zhang confirmed this?"

Wang Hao looked at Boss Zhang.

In installment repayment, there are also routines for repaying the money.

One is to repay the principal first, and the other is to repay the interest first.

Normally, the repayer will choose to repay the principal first.

Because the principal has been repaid, less interest will be calculated in the future.

If you repay the interest first, the principal will continue to accrue interest.

However, this clause stipulates that the repayment method is to pay interest first and then principal, which is obviously disadvantageous to Boss Zhang.

For example, if the interest rate on this 5 million Moras is 3%, then the annual interest is 150,000 Moras.

If I pay the interest of 150,000 Mora first, I will incur another 150,000 Mora interest next year.
But if you pay back the principal first, the interest for the next year will be 14.55 Mora.

As for the interest, it is not allowed to be included in the principal.
Compounding interest is illegal in Liyue.

Listening to Wang Hao's question, Boss Zhang smiled and said, "Yes, Consultant Wang Hao, the Second Young Master is willing to give me an extension. If I can't make some concessions, then I'm really a piece of shit."

"Okay, there's no problem with the rest. You can take it to the General Affairs Department for notarization at any time."

After that, Wang Hao returned the terms to the two people, and then asked casually,
"Boss Zhang, do you guys who make building materials all get loans from Feiyun Chamber of Commerce?"

Hearing this, Boss Zhang revealed a proud look. "How is that possible? Feiyun Chamber of Commerce has low interest rates and fast loan approval. Normally, only old shops like us who have cooperated with each other for decades can get loans from Feiyun Chamber of Commerce. That's why the Second Young Master came here and I begged for mercy so shamelessly. We are actually old friends."

As he spoke, Boss Zhang suddenly revealed a trace of sneer: "If I borrowed the money from the Northland Bank, ha, forget about begging for mercy, even if I hang myself in front of their door, I'm afraid I won't get a day's grace."

Wang Hao's eyes lit up: "Northland Bank... Boss Zhang, can you tell me about it?"

"Hey, it's a sin to say the least. I can see the benefits of the shantytown project, let alone others. My neighbor, Mr. Li, borrowed money from the Northland Bank. Tsk, tsk, tsk, tsk, 10% interest, it's like doing charity.
As a result, on the first day that Lao Li was overdue, the people from Northland Bank forced Lao Li to sell the shop to them.

The Li family had been building a network for more than 20 years, but it was all taken away in one day."

At this point, Boss Zhang's tone showed a hint of relief.
"Fortunately, I felt something was wrong at the time, so I didn't borrow money from the Northland Bank, but from the Feiyun Chamber of Commerce."

Wang Hao's eyes became brighter and brighter: "There are many people like Lao Li."

"Of course not. One cent of interest. What's the difference between that and giving money for free? At that time, many people spoke well of Northland Bank. Now, haha!~" Boss Zhang's sneer explained everything.

Those who borrowed money from Northland Bank in the past are probably having a hard time now.

[Damn, I remember now, Liyue has a mission to talk about the malicious commercial competition of the Northland Bank]

[It's not the North Country Bank, it's the debt handler of the Fools. ]

[Oh, they are all the same, they are all fools anyway. 】

[There are only a few plots in the game, but in reality, the Fatui's business competition is happening all the time.]

[Damn it, I really can’t escape from the fools. 】

[When something bad happens in Teyvat, you can directly look for the root cause in the following groups: Abyss, Fatui, Treasure Thieves, Monsters. ]

[……] The comments were filled with insults directed at the Fatui.

Obviously, although there are people of all kinds in the barrage, none of them like the malicious competition tactics of Northland Bank.

At this point, Wang Hao had completely understood the whole story of this incident.

The so-called rumors are just to buy time. As long as the contracts of these building materials suppliers expire, Northland Bank can reap the profits with justification.

Even the Seven Stars cannot stop this kind of harvest.

After all, they are acting in accordance with the contract.

Pantalone.

This name suddenly appeared in Wang Hao's mind again.

Wang Hao felt that he would often deal with this Fatui executive in the future.

[Are we just going to watch Northland Bank succeed? ]

【Wang Hao, think of a solution quickly. 】

[We can’t just watch them take over Liyue’s business. 】

[If a large number of construction industry channels and stores change hands, it may not be a good thing for Liyue. ]

【…】

The comments on the barrage reminded Wang Hao one after another.

Wang Hao naturally understood that if the Northland Bank controlled the channels through which these stores had been operating for decades, then Liyue would inevitably suffer a loss.

First of all, Wang Hao knows that after the shantytown project, Keqing will promote more infrastructure projects.
If the source of building materials is controlled by the Northland Bank, then a large amount of Mora will be earned by others, not to mention that the control of the source of building materials by others will pose a huge threat to the progress of the project.

Secondly, once Northland Bank integrates these channels, it is likely to form a pseudo-monopoly.

On the surface, they are different stores, but in reality, they are all controlled by Northland Bank.

By then, this pseudo-monopoly group can easily influence the price of building materials in Liyue.

It will also affect the lives of people in the building materials category.

To put it simply, if the Northland Bank no longer purchases timber produced in Liyue, it will go to the neighboring country to purchase it.
What about the people who make a living by logging?
This invisible threat is more terrifying than having your assets harvested.
Thinking of this, Wang Hao no longer hesitated and looked at Xingqiu: "I'm going to Yujingtai for a while. You and Boss Zhang can go to the General Affairs Department first."

After saying that, he ran away without looking back.

Xingqiu was stunned, but he quickly realized that something important must have happened, otherwise Wang Hao would not have left him like this.

Instead of chasing after Wang Hao, Xingqiu pulled up the confused Boss Zhang and said, "Let's go, Boss Zhang, let's go to the General Affairs Department to finalize the new terms."

I ran all the way to Yuehai Hall. The secretary was still at the door.
"I'm looking for Yuheng." Wang Hao said.

The secretary hesitated for a moment and said, "Lord Yuheng is in a meeting with Lord Tianquan and Lord Tianshu. Would you like to wait for a moment?"

"Well, Sister Ningguang is here too? That's great. Please help me inform her that there is something very important." Wang Hao was not dissuaded, but was happy instead.

They are all there, so there is no need for him to talk about them separately.

The secretary hesitated for a moment, but nodded: "Then please wait a moment, I will report it right away."

After saying that, he walked quickly upstairs.

(End of this chapter)