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Loan Shark

Started by ChiefQueef [2048791] on in Questions & Answers.

18 replies · 352 views · thread synced · 3 days ago · View on torn.com
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ChiefQueef [2048791]

I have a loan total capacity of 115,000,000... When the hell can I get the loan shark award? haha

Did anyone have to get this high to get it?
Harley [258120] Wiki Contributor

I got it around 900m, but frankly loan amount barely matters, you need to improve your credit standing with the duke, this basically just means you should pay back your loans in time for several weeks ( around 8 to 12 I believe)
CrimsonXray [2011902]

Loan amount seemed to make a difference for mine, I had 900k duke debt from the last few days up upkeep in a PI. Decided to pay on the interest for a bit and had the honor bar in about 2 weeks.
Harley [258120] Wiki Contributor

Yep, though make sure the loan is high enough in comparison to your available loan, I'd you have for example 10m as a max loan, loaning 10k won't increase your credit score(or at least not by a lot)
awe_some [786417]

I got it a few days ago at 650m max loan.

I was trying for the better part of 5 months for this award. Tried so many methods but none worked for me.

Finally got pissed and took out max loan.. paid interest ONLY for abt 4 weeks and boom! Got the award..

Now im saddled with a 600m debt which i cant pay off because casino... lol
Trautman [2006596]

I got the Loan Shark merit pretty quickly. I only started playing the game last June and had it by November I think, just regularly increasing my loan amount when offered and always paying back the interest on time.
FishyPhill-HH [1971880]

I borrowed 2m and paid the interest for about 5 or 6 weeks. My missus borrowed 4m and was paying back for a little longer before she got the reward
nezha [1288709]

I got mine around 20 mil as well. I think he originally gave me a 5mil loan and every week I payed the dues and increased the loan if he allowed.