The original intention of this micro-loan company that Lin Yaren founded is not to do charity or to make money. However, he does not want to use violent debt collection to force others to go desperate, and even his family is destroyed.

If you really can't recover the money, after reaching a certain amount, you will still consider reselling the debt to a professional debt collection company to collect.

As for what means the other party uses, it has nothing to do with him. He has always adhered to the concept and principle of making money but still does not make the last coin.

I know very well that the weekly compound interest rate of 1% is already very high. There are 52 weeks a year, and the gross profit calculation is calculated by a single interest rate. The weekly interest rate of 52 weeks * 1% is as high as 52%.

In fact, professional compound interest calculation is not like this. Its calculation methods are mainly divided into two types: one is compound interest calculation for one payment, and the other is compound interest calculation for equal payment multiple payments.

1. Calculate the final value of the one-time payment: f=p×(1i)^n.2. Calculate the present value of the one-time payment: p=f×(1i)^-n.p represents the performance value, f represents the final value, i represents the interest rate, and n represents the number of interest-bearing periods.

The second type: the case of equal multiple payments, including four formulas as follows: 3, the final value of equal multiple payments is calculated: f=a×[(1i)^(n1)-1]/i.

4. Calculate the present value of equal multiple payments: p=a×[(1i)^(n1)-1]/(1i)^n×i.5, calculate the capital recovery: a=p×(1i)^n×i/[(1i)^(n1)-1].6, calculate the debt repayment fund: a=f×i/[(1i)^(n1)-1].

The most popular language and calculation method is that if anyone borrows 10,000 yen from himself, it will be calculated based on a weekly compound interest of 1%.

After the first week, 11,000 yen will have to be returned with the principal and interest. If the borrower fails to pay it back, there will be a surge in profits.

After the second week, it is not that the principal and interest will be paid only 1200 yen, but that the weekly interest will be calculated based on 11,000 yen in the second week, and the principal and interest will be 1201 yen.

In other words, not only will we continue to add 100 yen weekly interest in the first week of 10,000 yen weekly interest, but also 1% of the weekly interest generated in the first week will be produced, that is, 1 yen. The third week, the fourth week, the fifth week... and so on.

The income from compound interest calculation is always greater than the income from simple interest calculation. Most people always have a simple interest calculation method in their heads to calculate compound interest, which results in a different result from the actual interest, or even very large.

Lin Yaren is not a stubborn person. He has to be a unified loan interest rate of 1% weekly compound interest. The loan amount per person will not be only 10,000 yen.

This is just his countermeasure to those "three no personnel" without mortgages, no guarantees, no proofs. The reason why he chose weekly interest rather than monthly interest is to speed up the operation of funds.

It is also 100 million yen. If someone takes one year in a cycle, it only takes one month and can turn around 12 times a year.

The simplest example is the history of Ant Financial's fortune. A soft girl coins originally had a capital of 3 billion yuan, but after 40 rounds, it directly expanded to more than 300 billion yuan.

Of course, this is not a direct loan issuance. Lin Yaren also knows that according to his current capital scale, it is not enough to securitize the issued loans, and can only carry out the so-called "small profits but quick turnover".

Only by accelerating the flow of funds can you obtain more profits. Just letting money lie quietly is like waiting for the annual inflation to dilute the original purchasing power.

The most common saying is that today's money is getting more and more expensive than the past money, and has a corresponding depreciation.

Therefore, the first step you take is to make small loans. Only after your capital reaches a certain scale and you are qualified to be given some financial operating tools will it be convenient to handle it.

When I got 1 billion yen and upgraded to a credit union, or even 10 billion yen, I upgraded to a bank, and then I packaged the loans I issued and carried out a securitization path.

In other words, if you lend a loan of 10 billion yen, it means you have a debt of 10 billion yen.

He used this 10 billion debt claim to raise funds in the capital market. He also raised cash less than 10 billion yen, and then carried out the second round of lending out the cash he received.

The third round, the fourth round... cannot continue to cycle infinitely. After all, those people in the capital market are all professionals.

They know the existence of high leverage risks. The only situation that can make them feel at ease is the unprecedented prosperity of the current economy. They are exposed one by one.

Lin Yaren knew that there was a faster way, which was not original to Ant Financial, but that the US subprime mortgage crisis occurred.

Ant Financial has only improved slightly. As a future person who has traveled through time, it will naturally be used in the future.

The advantage is that it can expand and increase capital at a high speed in the shortest time. The disadvantage is that it is too high leverage.

If the operation is not properly done, it will go bankrupt. However, he doesn't have to be afraid at all. After all, RB's grand economy will still have a long history of glory.

Another aspect is to reduce your own risks. The faster the funds are recovered, the more you can make corresponding strategic adjustments in time.

In addition, for those who can provide proof of assets, have guarantees, and have good credit in one way or another, they will not be stingy to lend them more money.

Of course, there will be discounts on interest. You can also use daily interest payments, which is 5/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/

This way of allowing lenders to borrow and repay as they please, not only facilitates the other party to pay less interest, but also facilitates themselves to lend better.

It is precisely because Lin Yaren has a complete plan that he will implement it step by step. He just takes interest, so there is no difference between him and the companies that lend money to usury on the street.

He was also a relevant professional in his previous life, so he naturally had to take a path that others had not taken so that he could become bigger and stronger.

Lin Yaren likes the current social glitz-like atmosphere. Those who are rich and those who are not rich will show a sense of luxury.

This is an era full of great admiration and desire for money, and laughing at the poor but not at the prostitute. As long as countries around the world see yellow faces carrying two cameras behind them, they are probably RB people.
Chapter completed!