Chapter 267

Chapter 267: Housing Loans Introduced! Land Prices Skyrocket!

The Weapon Refinement Elder’s previous post was still trending at number one.

Most cultivators, after seeing it, were initially surprised but soon understood and even agreed with the approach of Heavenly Origin Sacred Land.

In the cultivation world, profit reigns supreme.

No one does anything without benefit.

Heavenly Origin Sacred Land used the Cultivation Loan to lend out their deposits and earn spirit stones, while they received interest.

It was a win-win.

Without Heavenly Origin Sacred Land, their spirit stones would have remained idle in their storage rings, unable to earn any interest like now.

Even without doing anything for a month, just having spirit stones deposited in Cloud Flash Pay would earn them some interest.

So, after learning why Heavenly Origin Sacred Land was paying them interest, the cultivators of Greater Yan Province felt more at ease.

Many had already started planning to deposit all their spirit stones into Cloud Flash Pay to earn interest.

Because the Weapon Refinement Elder’s previous post was still trending, when he posted a second update, it was immediately seen by countless cultivators.

“The fact that your deposits are being used for loans, and most of the profits go to Heavenly Origin Sacred Land, doesn’t bother you? I’m deeply saddened by this indifference.

“In that case, I must reveal another truth. Cultivation Loan is not as wonderful as you think.

“High loan limits, long repayment periods, and low interest rates make Cultivation Loan seem appealing.

“But have any of you actually calculated how much interest you’re paying with these installment plans?

“For example, take a cultivator at the Golden Core Realm. If you borrow 100 high-grade spirit stones over a six-year period, you’ll end up repaying a total of 200 high-grade spirit stones over those six years.

“The interest alone is equal to the principal!

“And if you spread it over thirty years, though each monthly payment seems smaller, the total interest over those thirty years is five times the original amount.

“Now imagine the interest over fifty years, or a hundred years!

“When you calculate it like this, do you still think the long-term installments of Cultivation Loan are a good thing?

“The interest on Cultivation Loan is higher than the loan itself!

“The moment you choose to borrow from Cultivation Loan, you’re essentially working for Heavenly Origin Sacred Land.

“So, don’t ever use Cultivation Loan again. Before you know it, all your spirit stones will be stolen by Heavenly Origin Sacred Land.”

Seeing the content of this post, many cultivators widened their eyes.

They had never carefully calculated the interest on Cultivation Loan before.

They had no idea that although each monthly payment seemed small, the total interest was so enormous.

“Interest doubles in just six years? If I borrow for sixty years, it would increase tenfold?”

“Unbelievable! I was tempted by the low monthly payments before, but now I don’t dare borrow anymore!”

“…”

Instantly, hundreds of replies appeared.

This time, the Great Mystery Saint Master and others watched carefully, afraid of any unexpected outcomes.

When they saw many cultivators suddenly realize the shocking interest rates of Cultivation Loan and decide not to use it, smiles appeared on their faces.

This time, there was no mistake.

Once cultivators understood the terrifying interest rates, they would surely refuse to use the loan.

If the spirit stones couldn’t be lent out, the more deposits piled up in Cloud Flash Pay, the more losses Heavenly Origin Sacred Land would incur.

Seeing their enemy lose money was the best thing for Great Mystery Sacred Land.

The Saint Master and elders continued monitoring the comments.

But soon, their expressions darkened.

The Weapon Refinement Elder’s second post quickly hit the trending charts, attracting more and more cultivators.

In the comments section, at first, people were shocked by the interest rates.

They hadn’t realized how high the total interest would be from these installment plans.

But soon, another perspective emerged:

“The interest rate on Cultivation Loan isn’t actually that high. Doubling in six years? That’s laughable. Borrowing from pawnshops and similar places often means returning 130 for every 90 borrowed, with only a three-month repayment period. If you only borrow from Cultivation Loan for three months, how much interest would you pay?”

“Exactly! Six years with interest equal to the principal is perfectly reasonable. Heavenly Origin Sacred Land is giving you such a long repayment period. Try owing a pawnshop spirit stones for six years!”

“Why borrow for so long anyway? If you have spirit stones, just repay quickly, and the interest won’t even matter.”

“The interest on Cultivation Loan isn’t important. Imagine you’re about to break through but lack resources. If you borrow spirit stones from Cultivation Loan and succeed in breaking through, your ability to earn spirit stones would skyrocket, making repayment easy.”

“Plus, what about weapons? You can use Cultivation Loan to buy weapons you couldn’t otherwise afford, boosting your combat power. Once your strength increases, earning spirit stones will become much easier.”

“Compared to the benefits of using Cultivation Loan, the interest is insignificant.”

“Cultivation Loan helps most cultivators improve more quickly. After your strength increases, you’ll be earning several times what you did before, so who would care about a bit of interest?”

“Whether or not you all use Cultivation Loan, I’m using it. I borrowed 20 high-grade spirit stones and spent a day at Pleasure Pavilion. The female cultivators there were far more beautiful than my sect’s Senior Sister. Totally worth it! I only have to repay one high-grade spirit stone per year. Thanks, Cultivation Loan!”

“The Weapon Refinement Elder is being overly dramatic. For cultivators, as long as you use Cultivation Loan wisely, the benefits far outweigh the drawbacks.”

“Cultivation Loan is incredibly useful for emergencies. If you use it to boost your strength, earning more spirit stones later becomes easy, so borrowing is definitely a good idea!”

“By the way, fellow Daoist from the Demon-Slaying Sect, your Senior Sister just posted a bounty for whoever reports the disciple who visited Pleasure Pavilion yesterday. I think you’re about to get caught...”

“…”

As more comments poured in, Great Mystery’s grand hall fell silent.

It was clear that they had failed again.

The cultivators had indeed learned the real interest rates of Cultivation Loan.

But instead of discouraging them, the information hadn’t impacted their desire to use it.

After all, without Cultivation Loan, if you needed to break through but lacked resources, you’d have to save spirit stones for years, wasting precious time.

With Cultivation Loan, you wouldn’t have to save. You could break through immediately.

Once you break through, your strength increases, making repaying the borrowed spirit stones effortless.

You’d only be paying a bit of insignificant interest to advance your cultivation years earlier.

One step ahead, every step ahead.

The future of your cultivation path could change drastically because of it.

So…

For cultivators, cultivation loans were crucial to their path of immortality.

How could a few words from the Weapon Refinement Elder make them stop using it?

—

“The Great Mystery Saint Master has really gotten smarter!” Within the Heavenly Origin Sacred Land, Ye Chen scrolled through Weibo, praising him.

In the past, the Great Mystery Saint Master would just blindly copy everything.

But now, the Saint Master had seen through the essence of the cultivation loan.

It seems the countless setbacks had caused the Saint Master to grow significantly.

However, his tactics were completely futile.

If this were Earth, revealing the true interest rates of loans might wake people up and make them recognize the dangers, thus refusing to take loans.

This would indeed affect the loan business.

After all, most personal loans on Earth were used for consumerism — buying all sorts of things — while very few are used for self-improvement.

Thus, the drawbacks outweigh the benefits.

But in the cultivation world, it’s different.

Spirit stones were tied to resources, and resources were tied to strength.

The emergence of cultivation loans allowed countless cultivators who lacked resources to obtain them in advance, enhancing their power and combat ability.

And the importance of increased strength and combat prowess goes without saying.

The benefits that cultivation loans brought to cultivators far outweigh the drawbacks.

“So, it was the Great Mystery Saint Master pulling the strings!

“When I saw that the Weapon Refinement Elder was exposing us for using cultivators’ deposits, I got a bit worried, fearing it might mess up our great situation!

“I even thought about banning his account.

“Who would’ve thought that the Weapon Refining Elder’s Weibo post didn’t harm us at all? Instead, it made more cultivators feel secure about storing their spirit stones with us.

“The Great Mystery Saint Master has truly done us a big favor!

“Later, I should definitely post on Weibo to thank the Saint Master.”

The Foreign Affairs Elder beside Ye Chen chuckled as he spoke.

Ye Chen listened, his mouth twitching.

Posting a public thank you? Isn’t that just rubbing salt in the wound?

How did his own elders become so scheming lately? I wonder where they learned it from.

“How’s the cultivation loan business?”

The Great Mystery Saint Master was just a brief topic of humor. After a few laughs, Ye Chen turned to the main issue.

The Foreign Affairs Elder grew serious, “Saint Master, just yesterday, the cultivation loans released totaled twenty million high-grade spirit stones.

“Daily interest reached ten thousand high-grade spirit stones.

Ye Chen nodded, seemingly satisfied.

However, the Foreign Affairs Elder voiced his concerns, “Saint Master, don’t you think the amount loaned is too little?

“I worry that there aren’t as many cultivators wanting to borrow spirit stones as we had imagined.

“If we can’t issue enough loans, we might face losses.”

Ye Chen smiled immediately.

The cultivation loan business had just started.

The number of people taking loans would naturally increase in the future.

That was beyond doubt.

Moreover, major powers like sects and clans had yet to start borrowing.

Sect-level clients were the primary users of loan services.

They needed to borrow far more spirit stones and were the ideal big customers.

In addition, Ye Chen planned to introduce home loans in the future.

In the cultivation world, residences in immortal cities were absurdly expensive.

After all, immortal cities were safer, had denser spiritual energy, better order, and numerous other benefits.

This led to cultivators preferring to buy residences in immortal cities.

But most cultivators couldn’t afford them. They were simply too expensive.

If home loans were introduced, countless cultivators would surely rush to take them.

The loan amounts for home loans would be large, with residences used as collateral.

If someone couldn’t repay the spirit stones, their residence could be sold off directly, ensuring profits with no losses.

However, once home loans were launched, property prices in all immortal cities would likely soar significantly.

Since with home loans, more cultivators could afford residences, prices would naturally skyrocket!

But that was not Ye Chen’s concern.

Ye Chen was preparing for a breakthrough...