Simcountry Home   Simcountry Documentation   Simcountry Documentation   Simcountry Terminology
online games, multiplayer games
Simcountry is an Online Digital World where you are the President of a country.
No download needed!
What is Simcountry?
Beginners Info
What is Simcountry?
Previous document: Enable Crossgraphing
Next document: That bigger countries give smaller countries a chance!
More documents: How to Play Simcountry

interest rates on loans Status: Please read our response

Detailed Description:

I think we should be able to set our own interest rates on loans given to others instead of just the 1% always. Shouldnt the loaners get something too. I think if you want to loan shark you should be allowed. anyone else? If so vote yup. if no then your countries probly broke. and need the 1% interest rate.

53 gamers voted for the proposal.
10 gamers voted against the proposal.

The proposal has been ACCEPTED.

W3Creative reaction:

We agree that there should be a market with free interest rates within a certain range. In the early days of the game, we had free interest rates and it was misused to create huge profits at the cost of a "second" account that was then discarded.

1% interest is for a game month, which is 4 to 8 hours. This is cumulating to 100 to 300 % in a real month. This is a major risk, especially when simcountry is moving into more real value assets that are valued and can be sold for real money.

Image  
Simcountry Introduction