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Help With Huge Debt

Simcountry: Simcountry Bulletin Board  Help With Huge Debt

Windjammer Corp

Monday, February 09, 2004 - 03:48 am Click here to edit this post
I recently made a newbie mistake and purchased a company for 260 Billion. I now have a loan for 240 Billion and one for 30 Billion. Do I need to keep hoarding cash until I get to the point I can pay it all off at once? I do have enough cash to build more, but 12% interest is going to kill me. The newspaper also says that I when I get to 200 Billion I won't be able to borrow any more, so I think I'm stuck there also.

Socialist State Of Vegemite Valley

Monday, February 09, 2004 - 05:48 am Click here to edit this post
Just ignore the debt until it goes away, my enterprise has 2tril debt.

Hymyland 3

Monday, February 09, 2004 - 04:19 pm Click here to edit this post
260 is not that big of a deal. I started the same way less than 2 months ago, with my enterprise. It's ranked 16 now.

You just need to build a new corp every month, and regualarly buy quality upgrades, and increase you product selling price, as the upgrades kick in.

Windjammer Corp

Wednesday, February 11, 2004 - 04:13 am Click here to edit this post
My problem isn't the total debt. It's the fact that it's all in one loan. The only way to pay it off is to either get it all at once or pay a chunk (however much cash I've saved) every 3 years.
AAARRRGGGHHH!!!

Stephanoli

Wednesday, February 11, 2004 - 09:17 am Click here to edit this post
Check the top 20 corporations. Several have a debt > 40,000B

msg for war fed

Monday, February 16, 2004 - 02:56 am Click here to edit this post
well i can suggest you to tax a load one shot...if you havnbt ordered product and you leaved that task to automation, corp almost order all the same month, and they order a load...

i got 115B in 1 month..dont kill your valuable corp!!

msg for war fed

Monday, February 16, 2004 - 02:57 am Click here to edit this post
anyone know how to settle this?

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