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Loan help

Simcountry: Simcountry Bulletin Board  Loan help

Ossia

Saturday, May 08, 2004 - 08:54 am Click here to edit this post
Hiya, I was just wondering how you turn off auto-loan taking out? as I am sick of the system leaving me with a $400B debt which just always ends up in a downward spiral - and also, could anyone give me some tips on how to get out of such a debt?
Thanks,
Ossia

QAZYSTAN

Saturday, May 08, 2004 - 10:48 pm Click here to edit this post
Well, you can't stop the computer from taking loans out if you make a negative profit every month. But, you can kind of re-finance by taking out new loans at 4% interest and paying down the high interest loans with the new money you get.

To get out of debt, keep upgrading your corps, and adjusting the sale price of your corps accordingly. Also, cut costs in health care and social security if you are still having trouble making a profit.

BlackHearted

Sunday, May 09, 2004 - 10:58 am Click here to edit this post
There is a way of stopping the loans being taken out so long as you are able to sign in every game month and cancel them - it will reorder the next month but you can cancel it again. Very painful to do..

IMO you just need to improve your finance through better corps and improve quality and sell at a higher price.

Jorisland

Sunday, May 09, 2004 - 06:55 pm Click here to edit this post
Thankee for the advice guys ^_^ but I took the lamo way out and switched to a better off country, *rolls eyes* I just don't have much of a head for this finance stuff, I just wanna have fun ^_~ lol. I'll try not to let it happen again, I think my main downfall was investing too much in war - and not paying enough attention to what was happening, oh well *rolls eyes*

^_^, thanks again guys,
tSRo Ossia

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