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Tiarra Loan Shark Reality 10-06-2011,
03:44 PM

jkarcs77 sorry for ur losses tiarra 10-06-2011,
03:45 PM

gimmeabrew boo :( 10-06-2011,
03:45 PM

pokerpiglet gotta always cover ur losses... 10-06-2011,
03:58 PM

AryAlton wow thats kind of steep for... 10-07-2011,
03:31 AM

ProBlackbird It's sure is nice of people... 10-07-2011,
09:32 AM

bigphatmike Yea i still owe Day a little... 10-07-2011,
10:11 AM

lulabell79 I don't borrow, but just... 10-07-2011,
10:16 AM

lulabell79 Well said Zab.. I need to... 10-07-2011,
10:27 AM

gametime74 good loans are there, avoid... 10-07-2011,
10:36 AM

lulabell79 Sometimes things can happen,... 10-07-2011,
11:40 AM

wagon596 Homie don't play that,,,,,,... 10-07-2011,
04:02 PM

nazgardeq paying one now 10-10-2011,
06:13 PM

scottieb668 yes i understand.. i have... 10-10-2011,
06:14 PM

Drivembig you gotta do what you gotta... 10-11-2011,
05:07 PM

randybos55 well it's good for people to... 10-16-2011,
09:55 PM

AryAlton i loan sometimes. i try to... 10-17-2011,
01:46 AM

jasonponton yeah it works great looks... 10-17-2011,
04:16 PM

awoll714 those % are un real for me... 10-17-2011,
09:37 PM

joshtheking lol loans aint always bad... 10-17-2011,
09:40 PM
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Loan Shark Reality
I will be raising the interest rate that I charge in Loan Shark. Starting today, I will be offering 1 day loans at 15%, 2-3 day loans at 20%, and loans for more than 3 days on a case-by-case basis with interest in the 25%-50% range. I will no longer be offering loans through the market, even for players with pristine credit.
I have found that I must pass on the costs of those new members and regulars alike that do not pay back their debts. Around 90% of my customers have paid their loans on time, however, the other 10% have made it so that I have lost money overall!
If repayment gets better in the future, I will lower my interest rates once again. Apologies in advance to all of you who have been good borrowers, but 10% interest is unsustainable as I am currently losing money at that interest rate.
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