Chapter 2227 Three Ways to Cash Out

On this day, under Chen Mo's operation, staff from all the major banks in Baguo took the initiative to come to help these professional debtors with the mortgage process.

Since the credit investigation had been packaged before, and Baguo was not very strict in checking the credit investigation for mortgages, Chen Mo directly and generously explained to the bank staff:

"Our customers have unstable sources of income, so we can only do subprime loans."

The staff waved his hand and said indifferently: "We won't give them if they are not subprime loans! How many commissions are there for ordinary loans? You can relax, as long as they are willing to borrow, there is absolutely no situation where we will not approve the loan!"

Chen Mo was moved to tears!

It's still better in capitalist countries!

No credit investigation!

If this is Daxia, if your credit investigation has a little stain, don't even think about borrowing a dime from the bank.

So, the bank approved this batch of loans very happily, and the money was successfully transferred to the account of Chen Mo's shell company.

The sales of "Emperor's Community" have skyrocketed all the way! ! !

As we all know, the better the goods sell, the stronger people's willingness to buy them.

Once the professional debtors made their moves, coupled with Chen Mo's various data, people felt that their communities were very popular and in high demand.

Therefore, the more professional debtors bought, the more ordinary customers followed suit, creating a very good positive cycle.

The local tyrants in the hegemony country couldn't hold back and couldn't wait to make their moves.

Their professional debtors were easier to find.

Chen Mo was relatively kind, looking for people who were old and desperate for life.

But these local tyrants didn't care so much.

They directly pointed guns at people to force them to buy houses!

For people who owed them money, or who had no money but wanted their banned products, they directly dragged people to the bank to apply for loans to buy the "Emperor's Community" they developed.

This is much faster than cultivating professional debtors!

And the most bizarre thing is that some people went to the police station of the hegemony country to report to the police. When the police asked, these people were just forced to apply for loans to buy houses, and they didn't suffer any harm, but they didn't care!

The police of the hegemony country are a group of their own. They will never meddle in other people's business if they can ignore it.

For example, when they were forced to take out a loan to buy a house, they said directly, "Sorry, you should go to the Finance Department or the Banking Supervision Department. This is an economic dispute, not a safety issue. When you get hurt, come back to us."

The local tyrants of the hegemony country looked at it and said, "Oh my god, they don't care about it!!!"

So they won't get worse?

A strange scene appeared. In the past, the local tyrants of the hegemony country fought for the territory, and they really fought for the territory.

Now...

They are fighting for people!

People who can take out loans to buy houses in various territories!!!

The role of professional debt bearers is more than that.

Ordinary professional debt bearers can get a house purchase contract after buying a house and paying off the loan.

Here comes the point!

Before the subprime mortgage crisis in 2008, the hegemony country could take a second mortgage with the house purchase contract and continue to borrow money from major banks!

If someone helps to operate, this house purchase contract can continue to be mortgaged once, or even mortgaged twice or three times in major banks to get a loan!

This is equivalent to the professional debtors trained by Chen Mo getting money from the bank to buy Chen Mo's house, and then mortgaging the house to the bank, and then making a profit for Chen Mo.

Kill two birds with one stone, or even kill three or four birds!

In the later stage, Chen Mo felt a little sorry for these hegemonic banks.

Because he knew that once the subprime mortgage crisis came, the hegemonic banks that he had messed with would definitely go bankrupt!

There were too many bad debts, and these banks couldn't bear it.

And Chen Mo still had a group of high-quality professional debtors.

Chen Mo would buy cars and houses for these professional debtors, of course, all in installments, and then transfer these people to a normal shell company that had been operating for two or three years.

Then, these professional debtors would suddenly become the most high-quality loan users.

How much money can you borrow to buy a house?

These high-quality professional debtors are nominally "bosses" who own companies and fixed assets!

What they borrowed was an operating loan!

One person can borrow up to 100 million! ! !

The money, naturally, all went into Chen Mo's pocket in the end.

These professional debtors will eventually have their cars and houses auctioned off, their companies declared bankruptcy, and they may even go to work on sewing machines.

However, even if the risks are explained to them clearly, they will not look back.

After all, it is not a violent crime, and in the hegemonic country where there is no death penalty, the death penalty cannot be imposed. At most, this kind of crime will be released after serving 10 years in prison.

Before going to prison, the money they got should be enough for them to eat and drink as much as they want and squander for a year or two.

In the eyes of these hegemonic people, how much money can they make in 10 years of normal work?

It is better to take a risk, anyway, life will not be worse.

Even if they are caught, let alone sentenced to 10 years, it doesn't matter even if they are sentenced to 100 years!

They have spent all the money anyway, so it is good to hurry up to provide food and accommodation.

The most ruthless one belongs to the last one.

In the first few cases, Chen Mo still took advantage of the loan loopholes of the hegemonic bank.

The next one Chen Mo is going to do is pure fraud.

……

……

One morning.

Jessica drove the car she bought on installment to work as usual.

Because her child was seriously ill, Jessica could not afford such a large amount of medical expenses. In desperation, she could only list her house worth 7 million yuan with an agent for sale.

However, because the listing price was too high, no one was interested.

The agent persuaded her many times to lower the price, but Jessica always felt that she spent so much money when she bought it, and she had paid property taxes for more than 20 years. The house was also decorated so luxuriously, and she felt that listing it for 7 million yuan was already very cheap.

Jessica even had a quarrel with the agent, thinking that the agent colluded with the buyer to deliberately deceive her to lower the price.

"If your agent can only rely on the seller to lower the price to sell the house, then why should I pay such a high agency fee to ask you to help sell the house?

Isn't it enough for me to directly lower the price and sell it myself?"

This is what Jessica responded.

After this response, the agent never contacted her again.

Although the subprime mortgage crisis has not yet arrived, the agent has keenly noticed that the market risk has changed.

From the previous seller's market to the current buyer's market.

But most sellers, like Jessica, have not changed their minds.

She still thought that it was the same as before, that the house price would continue to rise, and as long as she bought a house, she could make money without doing anything, and selling the house had to be done according to her wishes.

When she was about to arrive at the company, Jessica received a call from the agent for the first time in a long time, and her heart trembled!

Could someone buy her house?

The call was connected.

"Jessica, hello, congratulations, I have a client who wants to buy your house, and he doesn't bargain, he will buy it in full at the price you said!"