Loan Shark

Started by Mickeyrb [239701] on 18 Jan 2022 in Bugs & Issues.

1 replies · 29 views · thread synced 23 Sep 2026 · 5 days ago · View on torn.com

About this thread

Posts archived: 2 / 2 posts (100%) · the total is Torn's reply count + the opening post at the last fetch

Counted by TornLife from the archived posts.

Archived posts: 2
Discussion span: 18 Jan 2022 → 18 Jan 2022
People posting: 2
Likes on archived posts: 1
Posts by staff, officers and moderators: 1
Authority score: 54 / 100
Historical score: 26 / 100
Story score: 29 / 100
Engagement score: 32 / 100

Mickeyrb [239701] 18 Jan 2022, 02:07 TCT · #1

I paid off the loan but it still says I owe it. Your loan fees have increased by $450,000 to a total of $17,477,428. You can pay them by visiting the Loan Shark.

19:12:18 - 17/01/22 You paid $17,477,428 of your loan fees decreasing them to $0

CloudJumper [1636201]Staff 18 Jan 2022, 10:53 TCT · #2

I paid off the loan but it still says I owe it

Incorrect, you paid off the fees that you incurred by taking the loan, as indicated by the logs. The loan is not interest free. The interest adds up as loan fees and be as high as your loan amount itself if left unpaid for a long time.

To settle your loan amount, you have to first pay the fees after which you can settle the loan.

Thanks..!!