The Sacred Land Is Going Bankrupt, I Invented a Mobile Phone!-Chapter 262

Chapter 262: A Hundred-Year Installment Plan! The Great Benevolence of the Saint Master! (Part 2)

The advanced loan increase service was primarily to gather more information.

During the initial registration, cultivators only needed to provide the simplest information such as identity, cultivation level, and gender.

But this advanced loan increase certification was aimed at establishing a comprehensive combat power model for all mid-to-high-level cultivators in Great Yan Province.

With this information…

If the Heavenly Origin Sacred Land ever needed to deal with certain mid-to-high-level cultivators in the future, they could devise the most detailed and foolproof plans.

In Ye Chen’s view, the Heavenly Origin Sacred Land had developed too rapidly and earned too much.

Although the Pure Serenity Sacred Land and the Great Mystery Sacred Land were currently silent, they would definitely not sit idly by and watch the Heavenly Origin Sacred Land continue to grow.

A battle was inevitable in the future.

It’s not impossible to fight two opponents at once.

Having more information on high-level cultivators would undoubtedly provide a significant advantage in future battles.

Moreover, high-level cultivators are the most arrogant.

There’s a good chance they might become debtors who refuse to repay.

Having their information meant they could be specifically targeted for capture.

Low-level cultivators who didn’t repay could be sent to mine.

High-level cultivators who didn’t repay can be even more useful.

In short, the advanced real-name authentication service is of great significance to the Heavenly Origin Sacred Land.

—

After the cultivators roughly understood the principles behind the loan amounts of the Immortal Cultivation Loan, they all made up their minds.

From now on, they would use Immortal Net Cloud Flash Pay as much as possible.

They would also try to keep their spirit stones in Immortal Net Cloud Flash Pay.

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This way, they could increase their loan amounts, so why not?

However, the loan amounts being so high made everyone suspicious.

Does the Heavenly Origin Sacred Land really have that many spirit stones to lend them?

If they need spirit stones, could they really borrow the same amount as their loan limit?

Moreover, how long could they borrow spirit stones with the Immortal Cultivation Loan?

If it’s only for a few months, the applicability would be much lower…

Immediately, many cultivators clicked the loan button next to their amounts, wanting to see if they could really borrow spirit stones.

After clicking the loan button, a prompt immediately appeared.

It asked the cultivators to enter the amount of spirit stones they wanted to borrow.

Next to it was an option to borrow the entire loan amount.

With one click, they could borrow the full amount of their loan limit.

After entering the amount and clicking confirm, the interface changed again.

A repayment options screen appeared.

There were two choices.

Interest-first repayment: Pay only the interest each month, then repay the entire principal in one lump sum in the final month.

Equal principal and interest repayment: The loan principal and interest are averaged over the months, with the same payment made each month until fully repaid!

Looking at the repayment options, countless cultivators found it incredibly novel.

In the world of cultivation, borrowing money was always repaid in one lump sum.

They had never seen such an installment repayment method.

Paying only interest each month and repaying the principal in the final month sounded pretty good.

But that equal principal and interest repayment option also seemed nice.

For example, borrowing one high-grade spirit stone and repaying it over twelve months, they would only need to repay less than ten mid-grade spirit stones each month.

The repayment pressure would be greatly reduced.

After all, paying a large amount of spirit stones at once was stressful.

But paying a little each month seemed like no pressure at all.

As expected of the Heavenly Origin Saint Master, he always comes up with these incredibly novel ideas.

He also make things more convenient for us.

The cultivators unanimously approved of the repayment options.

Most cultivators chose the equal principal and interest repayment.

It felt like this method reduced repayment pressure even more.

And after clicking confirm, the interface changed again.

This time, a screen to select the loan term appeared.

Seeing the loan terms, all the cultivators’ eyes widened.

The Immortal Cultivation Loan could actually have such long terms?

For cultivators in the Qi Refining Realm, the maximum term was ten years, with a total of 120 installments.

This was simply outrageous.

For example, if they borrowed one high-grade spirit stone and split it into 120 equal installments, the monthly repayment would probably be less than two low-grade spirit stones.

With such a long loan term, who couldn’t repay?

The Heavenly Origin Sacred Land, were they not doing charity?

But ten years wasn’t even the longest term.

Because the maximum loan term varied by cultivation level.

For the Foundation Establishment Realm, the maximum term was twenty years, with a total of 240 installments.

For the Golden Core Realm, the term was fifty years, with a total of 600 installments.

As for the Nascent Soul Realm, it was even more outrageous.

The term was directly set at 100 years, divided into 1,200 installments.

These incredibly long loan terms made all the cultivators stand up in astonishment.

Such a long borrowing period was truly absurd.

They had previously worried that if they borrowed too much, what if they couldn’t repay it later?

But now, with such a long repayment period…

Even borrowing 1,000 high-grade spirit stones, divided over fifty years…

They would only have to repay two or three high-grade spirit stones each month.

Any Golden Core Realm cultivator could confidently repay that.

The entire Great Yan Province’s cultivators were in an uproar.

This Immortal Cultivation Loan from the Heavenly Origin Sacred Land was simply too attractive.

The loan interest was so low.

And they could repay over such a long period.

It allowed all cultivators to borrow spirit stones without any pressure.

The Heavenly Origin Saint Master was undoubtedly a great benevolent person!

Many cultivators who were short on spirit stones at that moment were extremely grateful to Ye Chen!