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Loans

Started by GandhiG93 [2970196] on in Trading Post.

6 replies · 162 views · thread synced · 6 days ago · View on torn.com
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GandhiG93 [2970196] · #1
I am starting a loan business. New players, if you need money come to me, I’ll give you longer than the actual loan shark to pay it back!


Loans can be taken out in multiples of 100k

You get 2 weeks to pay it back, but add 50k on top for interest. If not paid in time, you’ll get a warning before action is taken.
DatBaPhu [2950355] · #4 · edited
Hmm it's not that easy to make money you know. You must have some "power" to do that.Anyway really enjoy this community.
QueenDragon [2962335] · #5 · edited
you never list your rate. here is a example of my loans are 5% of the borrowed amount so an amount of 100k would only cost 5k. no Increase to the 5% no matter what.

so after the 50% borrow fee what is your interest rate?
no matter what it looks like you take 50% and add interest on top of it?