online games, multiplayer games
Simcountry is an Online Digital World where you are the President of a country.
No download needed!
What is Simcountry?
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What is Simcountry?

Tom, PLEASE READ.....Re: Loan Market (White Giant)

Simcountry: Simcountry Bulletin Board  Tom, PLEASE READ.....Re: Loan Market (White Giant)

Angus88 (Little Upsilon)

Saturday, June 14, 2008 - 02:41 pm Click here to edit this post
Well this is why corporations and countries need credit ratings. Its not guaranteed in the real world that you will get your return on your loan. The thing with the real world is loaners can set the interest rate of their loans depending on the conditions (risk, duration etc) high risk loans are always give more return and usually require collateral to be offered if the loan fails.

These perks would not take that long to design I think (although I know nothing about programming). You can set which credit ratings you offer to, what rate, and have a loan shark option offering loans at highest interest rate to any country or corporation that don't take out loans manually.

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