“ I have paid off my debt for nine years, but I have no less debt?! ”
In 2014, Mr. Liu, an office worker in Zhejiang, In order to improve the quality of life, I borrowed 2.08 million yuan to buy a new house 。
However, after nine years of repayment, he burst into tears when checking the loan balance in the bank lobby. It turned out that he only paid the loan interest The principal of the debt has not decreased at all.
Facing Mr. Liu's query and crying, the bank said:“ We are all in accordance with the contract. ”
So, what's going on here?
All contents stated in this article have reliable information sources, which are repeated at the end of the article
« -- [· Loan for house purchase] -- »
Nine years back, Mr. Liu's life can be described as a series of happy events 。 Since the marriage with the long cherished beauty, their small family has welcomed their long-awaited son.
The originally narrow and crowded residence is also more "crowded" for a time, unable to meet the basic needs of a family of three. In order to give the family a more spacious and comfortable living environment, Mr. Liu resolutely decided to buy a house with a loan 。
After repeated consideration, A new house with a total price of 2.08 million yuan soon came into his view 。
Although the seemingly high price was not a small amount for Mr. Liu at that time, he was determined to purchase the property with a loan, It is hoped that the living conditions of the family can be thoroughly improved 。
However, as a first-time buyer, He knows little about the specific details of loan repayment and the pros and cons Obviously, there are some blind spots and deficiencies.
When Mr. Liu was about to sign the loan contract, the bank staff recommended two common repayment modes to him: Equal principal and interest 。
As a layman, Mr. Liu knows nothing about these two terms. But after hearing the seductive saying that "you only need to pay a fixed amount every month" He chose the latter almost without hesitation.
However, Mr. Liu, who knew nothing about it, was blindly seduced by the "fixed monthly payment" of equal principal and interest, Completely unaware of its drawbacks and hidden dangers 。
« ------ [· Lose everything to the east] ------
Over the next nine years, He persistently paid 9100 yuan of housing loan fees on time every month 。
Despite the pressure, Mr. Liu never complained about it. On the contrary, he is more longing for the future life. As long as you work hard, I believe that the loan will be paid off sooner or later 。
To his surprise, the company was forced to lay off employees due to poor management, He is too old to be "optimized" 。 The loss of a fixed source of income made Mr. Liu extremely miserable.
For this reason, he had the idea of traveling with his family, and used unemployment compensation to pay for this expense, And the rest can continue to repay the loan 。
With this idea in mind, Mr. Liu mustered the courage to step into the bank he was familiar with before. He was confident that after nine years of hard work, There should be little left in the loan principal 。
I didn't expect to check the loan balance at this time, but I found that the loan of 2.08 million yuan was not reduced 。 For a moment, Mr. Liu felt that the sky was spinning and the earth was spinning, and his knees were weak.
All these years of hard work is a good prospect, Now it seems to have turned into a funny joke 。
He cried uncontrollably and questioned the bank staff:“ I've tried my best to pay back the money for the past nine years! Now you tell me that the principal I owe has not been reduced? Isn't that cheating! ”
Tears ran across Mr. Liu's haggard face, enveloping him in endless despair. In the face of Mr. Liu's query and crying, the bank responded:“ We are all in accordance with the contract. ”
When the hall was in an uproar, Mr. Liu was still crying bitterly. His tears almost soaked his whole body. Soon, the staff had to fight him out, Avoid affecting the normal operation of the bank 。
« -- [· Loan options] -- »
Through this sad dispute, it is not difficult to find that this seemingly fixed monthly payment model, In fact, the early repayment will be almost all used to pay interest The principal is difficult to decline rapidly.
It is this characteristic that has led Mr. Liu to, Still find that the debt principal has not been reduced 。
The equal principal and interest can alleviate the borrower's repayment pressure moderately at the initial stage of repayment, but in the long run, It undoubtedly increases the total interest burden of the borrower 。
In contrast, although the repayment mode of equal principal is under great pressure in the early stage, But in the long run, the interest expense should be lower than the equal principal and interest 。
Therefore, for some families with limited income or cash flow, The equal principal model is often more cost-effective , which can effectively control interest risk. Unless the borrower is able to bear high repayment pressure at the initial stage, the equal principal and interest is obviously not ideal.
It can be seen that for ordinary consumers, when choosing the loan repayment mode, Don't be attracted by the apparent fixed amount of monthly payment , while ignoring the potential trade-offs.
On the contrary, we should carefully compare the total cost differences between the two models, Make a rational choice based on the actual situation 。
At the same time, banks, as professional institutions, It should also clearly explain the difference between the two modes to consumers , truthfully explain their advantages and disadvantages, without any concealment.
After all, this is not only about the social credibility of banks, Changing matters concerns the vital interests of every family 。
We have reason to believe that as long as banks and consumers can have a thorough and comprehensive understanding of the loan repayment model and make a full comparison of advantages and disadvantages in advance, Tragedies like Mr. Liu won't happen again 。
« ------ [· Deep analysis] ------
in fact, The root cause of this dispute is actually that both parties have certain deficiencies in sense of responsibility and awareness of the rule of law 。
On the one hand, the bank obviously failed to fulfill its obligation of contract interpretation. According to relevant laws and regulations, it should interpret all terms one by one during the loan signing process, Ensure that consumers have a clear understanding of various rights and obligations, including repayment mode 。
However, in Mr. Liu's case, when the bank staff recommended the mode of equal principal and interest repayment to him, No mention of its high interest burden in the earlier period The key hidden danger that the principal is difficult to decline in the short term.
This simple, crude and perfunctory way of explanation is undoubtedly misleading, Let Mr. Liu be completely blinded by the appearance of equal principal and interest , lack of understanding of its internal risks.
What's more, during the long 9-year repayment period, The bank never took the initiative to explain the details of the repayment progress to Mr. Liu And ignored his questions.
When he finally summoned up the courage to challenge, the response of the bank staff was still "operating according to the contract". This attitude of turning a deaf ear to the rights and interests of consumers, It is undoubtedly a serious breach of their professional obligations 。
At the same time, however, it is not difficult to find that Mr. Liu, as the principal part of the loan purchase process, also has serious liability deficiencies, Lack of necessary risk awareness and prevention ability 。
Before making such a major financial decision, he should have had a thorough and comprehensive understanding of the contract terms, Especially those key links that may affect their own long-term interests 。
After all, housing purchase by loan is not only about residential demand, It will also affect the quality of life of the whole family in the coming decades 。
« ------ [· Think before you leap] ------»
In the current environment of high house prices, Many young people can only use loans to realize their dream of settling down 。
However, it is not a simple decision to buy a house by loan, Think twice before you act Otherwise, you may fall into debt and bring heavy pressure to your life.
In general, The term of mortgage loan is between 20 and 30 years In such a long period of time, a considerable amount of money has to be taken out every month to repay, which will undoubtedly increase the economic burden of families and limit other aspects of consumer spending.
For young people with limited income, if the loan amount exceeds their own affordability, May fall into the situation of "house slaves" , the quality of life will decline significantly.
Therefore, young people should reasonably assess their income level, expenditure and expected income growth, Ensure that the loan limit is within the controllable range 。
Also, when applying for a loan, You should not invest all your belongings in buying a house Instead, it is necessary to allocate funds reasonably for other aspects, such as children's education, tourism and entertainment.
After all, Life is not just about houses It is also necessary to balance expenditures in all aspects. At the same time, when buying a house with a loan, we should also prepare for the retirement life in the future, purchase endowment insurance or carry out other investment and wealth management to ensure that life in old age is secure.
In addition, when deciding whether to buy a house with a loan, Also consider your own long-term plan 。 If you plan to take root in the local area for a long time, it is undoubtedly a good choice to buy a house.
However, if it is only a temporary job demand, renting may be more cost-effective. No matter which way you choose, you should consider carefully, To avoid making mistakes and causing regret 。
« -- [Conclusion] -- »
This distressing dispute enlightens us that in complex financial activities, Both banks and consumers have unshirkable obligations and responsibilities 。
Once you neglect prevention, it will inevitably lead to irreparable losses. Only on the basis of mutual respect and openness can each fulfill his or her responsibilities, Only in this way can we really avoid a repeat of the tragedy And safeguard the fundamental interests of both sides.
I believe that through the joint efforts of both sides, similar tragedies will not happen again, Mr. Liu and other ordinary people's reasonable pursuit of a happy life will eventually receive due attention and protection 。
Let's work together to build a mutually beneficial and win-win financial ecosystem, Add more confidence and motivation to the process of pursuing a better life 。......
