Chapter 5 - Three Personal Banking System_1 Tang Qing was dwelling on his future. The worst part is. He has to go through the National College Entrance Examination again. Having graduated so many years ago. Basically, he has returned all his High School knowledge to his teacher. The questions seemed familiar, but he could not remember them. He would just stare at them blankly and if he could, he would rather strangle them. Fortunately, there are still eight months until the College Entrance Examination. Moreover, with the perspective of a University and Postgraduate student, picking up high school knowledge should not be too difficult. "It seems I have to study hard for less than a year now. With my IQ, there should be no problem, at least not worse than my previous life," Tang Qing muttered to himself. At this moment. Tang Qing was quite envious of his predecessors' photographic memory. Unfortunately, he had just tried and found that he did not have this 'appealing' skill. He wants to attend the same University as Lin Jiaxue. To go through this stage of youth that once left regrets, to realize the aspirations of their young age together. Of course. Making money is a must. The Tang family is not wealthy. His parents were all workers at the Textile Factory. After the factory was closed, the two became unemployed. They then rented a shop on the street in the county town of their hometown. Selling miscellaneous brand clothes. They would leave early in the morning. And return home when it was dark at night. All just to earn a bit more money. For more than ten years, they worked tirelessly all year round. Apart from resting for two days on New Year's Eve and New Year's Day, they barely had any free time. They sent aunt three hundred RMB for living expenses every month. Out of which thirty was for his pocket money. Compared to life at his uncle's house, this money was obviously not enough. His aunt often bought him clothes and study supplies and gave him pocket money. She did not tell his parents. Therefore. All along. He was deeply grateful to his uncle's family. In his previous life, the old couple had worked hard and saved up some money over ten years, intending to save it for Tang Qing to buy a house and get married. Unfortunately. They had not expected that two years ago, his grandfather would faint while farming. He was taken to the hospital and diagnosed with late-stage brain tumor. As the only son in the family, he naturally had to bear the cost of the treatment. His father did have a younger brother who seemed to have committed some mistake when he was young. He fled to other places and disappeared. Tang Qing was not sure what exactly happened and his father remained silent. Afterwards. His grandfather's illness almost exhausted the family's savings. He did not survive for long before passing away. His grandmother also passed away the same year. See his uncle, Tang Kai, his father's brother, three years after his grandfather's death, or next year in April. It seemed like his uncle was avoiding something at that time. He saw them briefly. After having dinner, he left. And was never heard from again. Thinking of how his parents had toiled all their lives but never enjoyed any blessing. Tang Qing could not help but feel a pang of grief. This life, he must make a lot of money to give the ones he loves and the ones who love him a better life. Tang Qing made a silent vow in his heart. Subsequently, Tang Qing began thinking about how to make money. Although he had lived for many years, he was just an ordinary person who went to school honestly, worked diligently, and occasionally read novels. He had no special talents. He was not like his predecessors who knew how to program. He could not remember the lottery numbers. He could not sing. He could not remember the stocks and he was not a prodigy either. Even though he had spent a few years roughing it in society, it seemed to be of no use. No, that's not right. There was a chance with stocks, but that would not be until half a year later. And only two or three "black horse" stocks. It's still a long way from the bull market in '07. He wanted to go to Beijing, Shanghai, or Guangzhou, buy a house and hoard it. But he did not have initial capital. His parents did have some savings, but trying to persuade them to give it to him, heh, better not. Tang Qing scratched his head vigorously. He suddenly realized. He could not think of a way to make money quickly for the time being. There were also no projects that could be speculated out of thin air. God. Are you playing me again? At least give me a golden finger. Otherwise. With this little bit of memory set in '04. Most of the Internet feast has already been eaten, almost monopolized by the big giants. Even many have already gone public, the chances of investing now are slim to none, let alone in the future. This is like eagerly grabbing a gun to go hunting in the wild. Only to suddenly realize that he brought no bullets. This feeling is absolutely devastating. "It would be great if I could print money." After thinking for a long time, he still couldn't come up with a clue. Just as Tang Qing's thoughts were getting farther and farther away, already breaking through the sky towards the realm of wild fantasies, a silver bell-like voice sounded in his mind. "The Personal Banking System is at your service." The sudden voice. Startled Tang Qing and he jumped out of the bed. He was not that scared, it was just a conditioned reflex. After being stunned for a few seconds, Tang Qing began to analyze his current situation. WTF, what's going on, has my golden finger arrived? What did it just say? A bank? Doesn't that mean heaps of money, heaps of money, heaps of money, heaps of money! The deal, which needs to be said three times and if it's particularly important, it needs to be said four times! "What system are you again?" Tang Qing, coming back to his senses, whispered. "Personal Banking System." The voice sounded again. Upon hearing this sentence, Tang Qing finally breathed a sigh of relief. It seemed that this wasn't a hallucination, and indeed it was a bank. "What is it used for?" Tang Qing asked. "To train you to become a qualified banker." "..." Tang Qing couldn't help but complain, indicating that his question might have been off. "What functions do you have?" After thinking carefully for a few seconds, Tang Qing threw another question. "I provide the necessary material and information support on your path to becoming a bank manager." After careful questioning for more than ten minutes. Tang Qing finally understood what the system could do. In the initial phase, it mainly provides him with a certain amount of money each month, which he can lend to whoever needs it, collect the principal and interest at maturity, and he can also borrow from the system every month. The system only charges an interest of zero point five percent per month on the money lent externally. The annual interest is just six percent. It's almost equivalent to the interest rate of commercial loans in banks, but the interest rate of the bank usually fluctuates slightly, so the system simply took a round figure. If the interest rate he lends out exceeds zero point five percent per month. The interest earned beyond that portion is his. His personal loan is interest-free, and by this day each year, that is, October 1st, for the annual settlement, he needs to pay off all personal loans for the year in one go. Neither advance nor delay is allowed. If he can't pay off within the day. The system will say goodbye to him. Soon after. Tang Qing closed his eyes. He called up the system's personal information. Suddenly, a high-tech operating interface appeared in his mind: Host Name: Tang Qing Account Level: Level 1 Experience: 0/100 Loan Quota for This Month: 0/500,000 Personal Quota for This Month: 0/100,000 Withdrawable Assets: 100,000 Spirit: 51+10 (human limit 100) Physical Fitness: 49+10 (human limit 100) Origin Qi Value: 10 The system stipulates that for every 10,000 principal returned by clients, one point of experience can be gained. Each level increase doubles the current basis for both external and personal loan quotas. That is to say, at level two, he can personally borrow 200,000 per month. He also didn't understand what Origin Qi Value was. The system only said that it could improve various skills. Later features to be developed: As for what they would be, the system said that he did not have sufficient account access to check. But Tang Qing, who reads Chinese characters, can tell at a glance what this gadget can do at the moment by the two items with +10. Finally, as for withdrawable assets. This is the fund he can personally withdraw from the system's personal account. The initial level 1 directly rewarded 100,000 RMB, and there is no need to return it. Every subsequent level increase, the system will reward the current level's one-month personal quota as a reward. That is to say, when he is promoted to level 2, the system will give away an extra 200,000 RMB for him to spend freely. Good gracious. There really is free money coming. Looking at this 100,000 reward, Tang Qing was speechless. Having a system is awesome. Before his rebirth. Excluding the compensation from his parents, his own savings were not even half of this amount. The system made a dazzling debut, nearly blinding his 24K eyes, with 100,000 RMB in pocket money. And this was still 2004. The purchasing power of 100,000 RMB was extremely strong, and happiness came so suddenly. In order to foster him. The system will take the initiative to provide a client whose funding needs account for 40 to 60 percent of the monthly external loan quota every month. This option cannot be refreshed. Contracts can be signed according to task content. No matter whether the other party pays back in the end or not. He can automatically gain experience when the contract expires, with no punishment. As for the remaining funds, he has to find the lending objects himself. As a first-level, he can only sign contracts for repayments of over ten days to within one month, and the interest is charged on a whole month basis. For example, even if the other party borrowed for ten days. Interest for a whole month will be charged. At present, the system does not provide loans for contracts that exceed one month, and only loans lent by the system have experience points. Personal loans and other forms of lending do not have experience points. Even if early repayment is made, it's of no use. Experience can only be gained on the day the contract is due to expire. As for those who fail to repay on time, experience will be given on the day the money is repaid. Speaking of this. The quite pitfall-like system assessment at twenty-four o'clock on the first day of each month has to be mentioned. The system assesses all contracts due between the previous assessment day and twenty-four o'clock on the first day of this month. If the unpaid funds reach twenty percent of the total amount for the month in which the contract was signed. It is deemed unqualified. For each level, the system says goodbye if it is unqualified in two consecutive assessments or unqualified three times cumulatively. For example, this month the external loan quota is 500,000. Apart from the client recommended by the system, if the total amount of other contracts exceeds 100,000 and is not repaid by the monthly assessment, the monthly assessment will be deemed unqualified. However, the system also gives him some room for operation. That is, there is definitely a time gap between the expiration of the contract and the assessment time. As long as he finds a way to have the borrower repay the money within this period, it's okay. For example, a one-month loan lent out on the second day of this month won't expire until the second day of the next month. It certainly won't be assessed on the first, but on the first day of the month after the next. If managed well, the risk isn't too high. As for the principal and interest recovered by the system, they disappear on the spot. And they cannot be used again. Of course. If the other party fails to repay, the system won't do anything about it. The system doesn't care about debt collection. The system will directly pass this part of the loss on him. The system doesn't want the interest either, and the full amount of the lost principal will be included in the annual settlement of personal repayments. Even if the borrower repays after the assessment, it cannot be revoked. This compels him to be extra careful to control the risk. As for helping the borrower repay the system's money, Tang Qing could only think about it but dare not do it, because he remembered the words the system said to him earlier.