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Loans

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1 Loans on Mon Aug 02, 2010 11:46 am

Nikpl

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Wolf Master

Well I'm going to make up something and if you people riot or whatever, I'll change it.


You can take out to 10,000 clashs on a loan at any point, and ALL loans come with an interest rate, of course. The interest on a loan is the same no matter how much you borrow.

Interest rate is 5% compounded monthly. Which means each month I will spam your inbox reminding you that you owe money. When you pay me off, I'll stop. If you can't pay it back, I maul you and sell your crud or something.


HEY! LOAN MATH FOR DUMMYS.
(borrowed money) X 1.05 EVERY MONTH.

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