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.