Financial Services and The interest on loans
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Simcountry is an Online Digital World where you are the President of a country. |
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Financial Services and The interest on loans
The current interest rate on loans used to be 30% per real year. The percentage is far too high. We have started to reduce this percentage and it now stands at 29%. The rate will decline gradually to reasonable levels. It may end up at 10% or lower.
At the same time, we have also started to reduce the amounts paid for financial services in countries that hold large amounts of game money. These rates will be reduced further and in time will disappear altogether.
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