Chapter 1328: Selecting the Candidate(15)
The system decided to set the interest rates differently for borrowings of different stone types. Aakesh added to it further and asked the system to vary the interest rate depending on the tenure as well.
What Aakesh suggested wasn't something new but a common type of system called credit cards when humans were ordinary races. But as their power grew, that system disappeared in the flow of time.
For the lesser Sacred stones, the store set the maximum tenure for borrowing at one hundred years.
For one year of tenure, the interest rate was fifteen percent. For ten years, it decreased to ten percent, and for anything above ten years, the interest rate dropped to five percent.
The interest rate wasn't simply on the total amount; it was an annual interest rate. There was no equal exchange in the system, so the interest rate was higher.
For the ordinary Sacred stones, the store set the maximum tenure for borrowing at one thousand years.
For ten years of tenure, the interest rate was five percent. It decreased to four percent for a hundred years, and the interest rate dropped to three percent for anything above a hundred years.
For the higher Sacred stones, the store set the maximum tenure for borrowing at one hundred thousand years.
For one hundred years of tenure, the interest rate was two percent. It decreased to one percent for ten thousand years, and the interest rate dropped to 0.5 percent for anything above ten thousand years.
For the supreme Sacred stones, the store set the maximum tenure for borrowing at one hundred million years.
For one million years of tenure, the interest rate was 0.5 percent. It decreased to 0.4 percent for ten million years, and the interest rate dropped to 0.3 percent for anything above ten million years.
For the ultimate Sacred stones, the store didn't set any maximum tenure for borrowing, but it set a limit on borrowing for a fixed period of time.
Any customer who was fortunate enough to have a limit on ultimate Sacred stones could borrow a maximum of one million ultimate Sacred stones, irrespective of how high their limit went. The limit of one million stones was valid for a thousand years, so if a customer wanted to borrow more, depending on the limit set by the store, they would have to wait for that time to pass before asking for it.
But the store still decided to set an interest rate depending on the duration of the borrowing. For ten million years of tenure, the interest rate was 0.1 percent. It decreased to 0.01 percent for one billion years, and the interest rate dropped to 0.001 percent for anything above one trillion years.
The interest rate saw the most drastic decrease in ultimate stones depending on the tenure, but it was also the one with the most demanding borrowing currency. For instance, if a customer borrowed 1,000 ultimate stones for ten million years, the store would earn ten million stones in interest. However, if the same borrowing took place for one billion years, despite paying only one-tenth of the interest, the store would make one hundred million ultimate stones, which is ten times the amount from the first borrowing.
It was a pit for a customer who borrowed Ultimate Stones. Even Aakesh noticed the huge interest payment, so he wanted to increase the interest rate but make it a century interest rather than an annual interest. But the system rejected the proposal since it decided to maintain uniformity for the entire system.
Since Aakesh's authority hadn't reached a stage where he could override the system's permission and establish a product, he had to agree with the system.
At the same time, the system also set a condition for the customers to use the credit system: the customer must have bought a product from the store to employ the service.
At the same time, there would be a new card for the service since not everyone could afford the three store cards. Someone who could afford a Higher Store Card would rarely need to borrow lesser Sacred stones. The system also decided to make these cards free for customers.
Since the cards were free, they would have no ability and would be ordinary.
***
"So, do you want to employ the service and borrow?" Aakesh asked Phily after explaining the credit system to him.
Phily had already met the store's requirement because he had purchased skill cards.
Phily didn't immediately respond but looked at Aakesh in fear. He didn't remember his conversation with Aakesh, so he didn't know that Aakesh already knew what was wrong.
Phily couldn't fully trust Aakesh, so there was a hint of killing intent in his eyes. But he immediately acted and erased it with a helpless smile on his face.
Someone who could know his secret so easily wasn't someone he could offend, and Phily didn't want to die so soon. Aakesh noticed the killing intent but didn't take any action since Phily immediately understood his mistake.
Phily wanted to ask Aakesh about the forgotten memory, but after a deep breath, he decided against it. Since the store owner wasn't speaking about his secret, he shouldn't be an idiot and spout it. It was better for some issues to remain silent.
Phily then calmed down and focused on the introduction by the store owner. He clearly wanted to buy the beast but was unable to afford it. It would be a lie if he said that he wasn't interested in what Aakesh introduced.
At the same time, he didn't act like an idiot and immediately agreed with the store owner. He needed to be aware of everything before going ahead with it.
"If I fail to pay the amount and I can't afford it, how would you take it?" Phily asked.
"The store doesn't like unpaid debts, so if you fail to pay the principal amount and the interest in the tenure set by you, the store will use your soul as a slave until the store has recovered ten times the amount you owe to the store," Aakesh indifferently answered.
Even though Aakesh was indifferent, Phily felt like he was being stared at by a prehistoric beast whom he couldn't defeat no matter what he tried.
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