Chapter 406 Cashing out to buy a house
"Credit card? What is that?" Han Shirong asked curiously.
"Dad, that's not a thing. No, it's just a card, a bank card, but there's money in it that you can use."
"Hmph, son, stop daydreaming. Do you think that I can use it for free just by changing your name? Aren't you required to deposit money into it yourself? Your father and I both have bank cards, don't you have one too? We don't have much money, but we have a lot of bank cards." Huang Tingting smiled and glanced at her son.
"No, Mom and Dad, listen to me first. Credit cards are for advance spending. You use it this month and pay it back next month. It's like borrowing money. It's very convenient."
"Then no interest?" Huang Tingting was curious. If there was no interest, this would be really possible. Sometimes it is not so convenient to borrow money.
"No interest. As long as you spend this month and can pay it back next month, there is no interest." Han Shurui nodded affirmatively.
"Hiss, what if I can't pay it back? Or what if I want to pay it back later?" Han Shirong thought, stroking his chin.
"That's easy. You can pay it back in installments. You can pay it back in three months, six months, or twelve months. It's all fine. The only difference is the interest rate."
"It sounds good for emergencies."
"Yes, but Mom and Dad, I have a new idea. I asked, and the minimum limit for a credit card is two thousand. We can apply for a few more, stagger the repayment dates, and then use the money in them to buy a house." Han Shurui's eyes lit up as he spoke. Hey, he is really a genius.
"Wait, even for the smallest house, the down payment is around 100,000. How many cards do you need to pay these 2,000? Besides, what are you going to use to pay it back next month?" Han Shirong shook his head after he said this. The kid had some beautiful thoughts but he didn't consider the actual situation.
"Staggered, I told you to staggered. For example, if the first card is number 1, and the second card is number 3, then use the money from the first card to pay off the second card, and so on. As long as you don't overspend, there's no problem."
"Shirong, it sounds interesting!" Huang Tingting thought for a moment and felt that it was feasible. This is a cyclic process.
Han Shurui was delighted when he heard his mother say that. "Mom, that's ok! So the three of us will all apply for credit cards. We can get as many as we can. Now banks give out gifts when you apply for a credit card. They even have rice, flour, oil, and detergent. We won't lose out, right?"
Huang Tingting became excited when she heard about the rice, flour and oil delivery. She stood up immediately and said, "What are you waiting for? Take your ID card and go!"
In the following half month, Han Shurui took his parents to visit all the banks in Hai City. They basically applied for a credit card from every bank, and even several from some banks.
"Come on, Mom and Dad, let's count. I have eighteen credit cards, eight with 2,000 in them, three with 5,000 in them, five with 6,800 in them, and two with 8,000 in them, a total of 81,000. The cash-out fee cost me more than 400. I can use that to pay the down payment for a small suite. How about you?" Han Shurui said, looking at his parents eagerly.
Huang Tingting opened her handbag and took out a bunch of bank cards. She smiled and said, "Your father and I each applied for 15 cards, and we cashed out a total of more than 210,000 yuan. Hehe, you didn't expect that, did you?"
"So much?" Han Shurui was pleasantly surprised. That meant their family of three would have over 300,000 yuan.
"Yes, your father and I have a house under our names, so some banks give us higher credit limits."
Huang Tingting now feels that having fixed assets is popular. As soon as she took out the real estate certificate, people immediately increased her credit card limit.
"Then mom, didn't you say that we still have more than 200,000 in savings? We can keep 100,000 to pay off the mortgage, and add the rest to buy a house."
"Um, that," Huang Tingting explained awkwardly, "maybe it's gone. I also used it to buy a house. When your dad and I went to buy a house, the agent recommended another place with a much lower price. I thought it was suitable, so I bought it, hehe."
Han Shurui was stunned and asked, "So how many houses do we have now?"
"Well, not counting the one we live in, your father and I already have four units under our names."
"Isn't it that my savings are only 200,000, plus my aunt's 200,000, how can it be enough to buy four houses?" Han Shurui was puzzled.
"Um, I didn't tell you the truth before. Our family's savings should be less than 300,000." Huang Tingting looked at her son awkwardly.
Han Shurui took a deep breath and said helplessly: "Mom, you really don't have to be so defensive against me."
Huang Tingting scratched her head embarrassedly and explained: "I'm not on guard against you. This is less than 300,000 yuan, but it's still more than 200,000 yuan. I'm not wrong!"
"Okay, let's not talk about this. I'll take the 300,000 yuan you guys got out. This time, the house we buy will be in my name, and I'll pay off the mortgage." Han Shurui felt so proud when he thought that he would soon become a homeowner.
"Okay, I'll give it all to you. I'll find the same agent from last time. He's honest and good at bargaining."
"Okay, ask him out and we'll go look at the house tomorrow."
…
In Shenzhen, Jiang Xinbai and Yang Jinsheng had just arrived at Yang Jiabao's house when they heard him shout, "Come, put it here, be gentle, this is a big treasure!"
Jiang Xinbai became interested as soon as he heard it, and asked with a smile: "Jiabao, what big treasure do you need to be so careful about?"
"Mom and Dad, you're here. Hey, it's just right. Come and see my big baby." Yang Jiabao pointed to the desk, where a small square TV was placed.
"Hey, isn't this a TV? Why did you buy such a small one? Besides, don't we already have one in the living room? There's no need for one in the study!" Jiang Xinbai frowned and looked at the TV with disdain. It was really small, but what were those black things with small grids on it?
"Mom," Yang Jiabao was really at a loss for words, and then explained, "This is a computer, it's not like a TV."
"Computer? Is that the one they say on TV that can chat with people?" Jiang Xinbai was really curious now. This thing can chat with people.
"Yes, not only that, you can also search for information online and watch TV. Many people who work in offices use computers for their work!"
Yang Jinsheng touched the computer and asked, "Can you download those two circles?"
"What two circles?" Yang Jiabao was confused by the question.
"Oh, your dad can't explain it clearly. There are two penguins, and the one that can call?" Jiang Xinbai said while gesturing.
Yang Jiabao suddenly realized: "Oh, you said it was QQ, a chat tool, it exists! Just download it."
"Is there a card game?"
“Are there minesweepers?”
"Yes, yes, we have them all, Mom and Dad. But I can't let you play with this computer. I want to do big things. If you want one, I can buy you one." Yang Jiabao wants to open up a second business line with this computer.
Jiang Xinbai and Yang Jiabao looked at each other and replied, "Buy two, one for each of us."
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