Repaying principal and paying interest are the basic principles of credit. But in China, the four words "long-term interest-free" break it.

First of all, no one can tell how long it takes. Many groups have started to borrow interest-free loans from the 1950s and 1960s to pay wages to members, or simply used as government investment to build infrastructure, but no one actively did it. Many production teams in the 1960s and 1970s were debts, and even the loan entities could not be found, so banks could only use deposits to describe these loans.

Some other bank branches have rough work, just like Duan Hang said, they simply do not write about the return time, so they become indefinite loans, which means they are clearly not required to pay them back.

In the era when administrative agencies could greatly influence the banking system, long-term interest-free loans were like appropriations, and were misappropriated by various special funds. To a certain extent, they were also considered a piece of Tang Monk's meat, so that the State Finance Office had to issue notifications repeatedly requiring local governments to rectify the use of long-term interest-free loans.

The bank's loan collection policy is even more helpless to obey reality, and stipulates that "in areas with good harvest, in addition to recovering loans due in the year, they must also recover as much as possible two old loans; in areas with moderate production, in principle, the loans due in the year should be recovered. In areas with less disasters and reduced production, they can collect less as appropriate, and strive to achieve a balance between the collection and relaxation of the year..."

Such bank policies are in capitalist countries. Although banks will go bankrupt and die, capitalists will also smile.

However, even if banks have a conscience, they will be left to the collective. After the reform and opening up, long-term interest-free loans can be loaned to individuals, but ordinary people cannot help but worry.

China has no bankruptcy law. In 1982, even the worst-lived state-owned enterprises remained strong. The debts owed are always on the account. The same is true for personal loans. If a natural person who cannot go bankrupt, his father will not be able to pay back the money from the bank. If the son cannot pay it back, he will naturally have to pay it back the money. If the son cannot pay it back, he will naturally have to pay it back the grandson.

It doesn't sound good if you owe a lot of money after death.

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

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

Yang Rui, who came from 30 years later, could smile and say, "Policies will not change, thirty years will not change, and 50 years will not change." However, before the speech of the Southern Tour, there were no one who dared to say this and no one who was useful when they said it.

Simple Chinese people must consider that one day, long-term interest-free loans will become their own tight curse, and someone will run a study class to force you to pay back the money, and they don’t care how long it takes for a long time...

Going further, some people will wonder whether the money will become valuable in the future?

Although any student in the 21st century can laugh at this view: China has inflation into a ball, and it is still capable of deflation? I have never seen basketballs deflate and can be played as baseball. In the news, just hearing that the RMB has appreciated from the outside, who dares to say that the RMB can appreciate from the inside? Let him sell foreign exchange to try!

However, in the 1980s, the general concept of the 21st century was a future that economists dared not proclaim and were difficult to determine.

In those days, the Soviet Union was still pretending to be able to live for a long time. In order to survive the "free world", Europe still put on a cute selfie face with her butt sticking out, completely enduring the trade gap with the United States. Although the Third World felt that it was painful to be a chess piece, since American workers and European workers were still sweating in factories, there was nothing to complain about.

China, which is far from being able to claim to be a factory in the world, is facing infinite possibilities.

For ordinary people, even if they have no interest for a long time, it still requires courage and risk.

Duan Hang was very embarrassed. Yang Rui had helped so much, but he had only one way to borrow money. But money was the bottom line, so he could only comfort him: "I'll go to Jiefang Factory to tell me, I guess you'll just add another two or three thousand deposits. If you borrow money from the bank, you can pay it back if you can. Don't worry if you can't afford it, no one will force you to pay it back. Besides, aren't we short of money now? With your level, if you write a few more articles, you will be able to pay it back sooner or later."

Yang Rui laughed: "You are so sure, I can't make money by selling books."

"Oh... no, of course not, I'm afraid you think the loan is not good."

"Loans are a bit troublesome. I don't know how long it will take to approve them?" Yang Rui knew the efficiency of the bank.

Duan Hang was unclear and said, "Just as long as you take out a loan and sign the documents, they will give you cash. I'll find someone for two days at most."

"Get cash... it's really fast." Yang Rui really felt that it was fast. When he came to the 1980s, he had experienced too many inefficient things, but he didn't expect that bank loans would become efficient things.

Duan Hang looked at Yang Rui carefully for a long time and said, "Don't think I'm selling loans. If you want to borrow, you can borrow as much as you want, and if you don't want to borrow, don't force it. There is always a way to print books."

"Is it legal?" Yang Rui suddenly asked. He didn't ask this because of how strong the concept of law-abiding is. As a man who aspires to run a biological company, abiding by law is simply a blunder. However, too obvious illegal incidents cannot be done and are not cost-effective.

Duan Hang was asked by Yang Rui, thought for a while, and said, "It is definitely not illegal to violate the law. The credit union has more loans to the employees because of the loan. However, you are still a student. If you don't do fake things, it will probably be difficult to get a loan..."

After hesitating for a moment, Duan Hang held his head up and said, "Let's borrow it in my name. After I get the money, I will transfer it to you. I will say that my wife wants to do business, so it's okay to borrow a few thousand yuan."

"That won't work, I'll just use my name. I want to borrow more."

"More loans? How much does it take?"

"If it's really interest-free, or if the interest is low, you can borrow as much as you can." Yang Rui was not worried at all that he couldn't afford to pay the loan. Recently, it said that in two years, China's inflation will break through the sky. The official data of 25% per year means that the banknotes depreciate by more than 25% a year. If you can buy some scarce goods, making a profit of three to five times is the same as playing.

To go far, even if this kind of long-term interest-free loan cannot be used for 30 years and more than ten years, it will be like giving it for free. In 1992, the monthly salary of workers has increased to more than 200 yuan, five times that of now, let alone the power of large sums of money after operation.

Even if he catches a pig's head and changes all the money to stamps, he can still make a fortune by 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 190s, and become a billionaire.

Duan Hang didn't expect Yang Rui to be so fierce and said carefully: "Although it's okay to return it no matter when it's time, it doesn't mean it can be over. If you squander it, it will be a problem."

"What is squandering? Investment is investment."

“What to invest in?”

"Too many..." Yang Rui's eyes passed by Duan Hang, and when he saw the brick and tile house not far away, he suddenly lost his strength.

In this environment, talking about investment is like wearing shorts for an interview, which is indeed a bit unconvincing.

Duan Hang touched the motorcycle handle and thought, "The credit union in Xi County has a loan of at least tens of thousands per month. If you want it, I guess it will be fine to get 10,000 or 20,000 yuan. If you want it, it will be difficult."

"If you borrow a loan of 10,000 or 20,000 yuan, is it in your name or mine?"

"It's better to use my name. You are a student and you don't have a loan." Duan Hang repeated it again. He actually felt pressured. The monthly salary plus subsidy of the criminal police captain should not exceed 60 yuan, which is already the high salary of the county. If this calculation is made, he can only accumulate 6,000 yuan for ten years without eating or drinking, and only then can he accumulate 12,000 yuan for twenty years, let alone he cannot avoid eating or drinking.

If it weren't for the article Yang Rui gave him, and the 500 yuan he gave without caring about, and was just a relative, Duan Hang wouldn't have helped such a thing.

Yang Rui hesitated for a moment and said, "Then let me borrow it in your name, and I will write you an IOU."

Duan Hang said a few words of politeness and agreed. Whether it is 10,000 or 20,000, it is not a small number to him, and he is still a wife.

...

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

Fortunately, Duan Hang didn't let him wait for a long time. As a real power figure in the Public Security Bureau, Duan Hang had many ways to do it in the county. On the third day, he received an interest-free loan of 12,500 yuan. The loan lasted for 10 years and was also given cash.

Yang Rui, who came from later generations, was only envious of this kind of loan method. However, what really surprised him was his cousin's wife. This woman who could not be considered familiar, gave Yang Rui full trust. After meeting him, he agreed to her husband's decision.

Yang Rui was really surprised by lending the income equivalent to the whole family's ten years to others, or the money he had borrowed from him.

The words he had prepared were completely useless.

I only spent half a year to buy all the money into stamps after half a year, and left it to my cousin. Yang Rui made this decision secretly.

After receiving an interest-free loan of 12,500 yuan, Yang Rui finally felt like a second-generation official.

In this year, there was an official father, even if he was just a township party secretary, he could not use his own money to do business.

Yang Rui only took out 2,500 yuan to make the deposit for the second volume of Jiefang Printing Factory. After they printed it all, they personally escorted the car to the provincial capital, preparing to make a decision based on the market reaction.
Chapter completed!