online games, multiplayer games
Simcountry is an Online Digital World where you are the President of a country.
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What is Simcountry?

Why pay back loans? (White Giant)

Simcountry: Simcountry Bulletin Board  Why pay back loans? (White Giant)

Athena (White Giant)

Saturday, November 06, 2004 - 05:01 am Click here to edit this post
Rather than pay back loans early,which costs a 5% penalty, why not offer loans for the same length as the loans which you owe. For any loan which has a 4% interest rate this would have the exact same effect as paying them off, but without the early payback penalty.

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