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)

Bad Karma (White Giant)

Saturday, November 06, 2004 - 06:25 am Click here to edit this post
Cause you need the money to actually loan out in the first place. If you have no money, and are giving loans, you will need more loans that will be at a higher rate than what you get back. The 5% cancelation fee is nothing, if the loan has more than 1 year left pay it back. You'll save money. There are numerous old threads with the actual calculations around here somewhere if you need numbers to crunch yourself.

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