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There's a new loan shark in town

Started by Chedburn [1] Admin on in Announcements.

0 replies · 11.4k views · thread synced · 4 days ago · View on torn.com
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Chedburn [1] Admin Developer

After Tim's sudden and unfortunate incident, a new loan shark has appeared and is making himself known around the city.

Duke offers considerably better loans at considerably better prices. Your maximum available loan is based on your net worth and credit score. Credit score can be increased by paying loan fees on time, and a good credit score lets you get larger loans in the future.

Duke has set a standard fee of 2.5% per week. The first 2.5% will be charged immediately, but he'll allow you up to a month to pay it. Fees are not taken from you directly (at least not initially): you'll be able to pay them by visiting him at his office.

Not paying your fees on time is a bad idea. Duke has emphasized that very clearly.

Thanks.