Forum » Doubts and questions » Loan for bank | Date | |
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Username
1948 msgs.
International
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If a loan is given from bank,will expired date be on it and if there is and couldnt meet up with the expired date,what will happen? | 03/07/2011 01:34 |
SHEGS FC - Div3/Gr8 | ||
Username
5569 msgs.
Golden Ball
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it automatically deducts from you account weekly on sunday (my time) If you don't have enough, you go into the red (your account goes negative) If you are in red 2 weeks, you are fired and have to wait for another team |
03/07/2011 02:13 |
- Div/Gr | ||
Username
1948 msgs.
International
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Thanks but Like how much will they be deducting every week? | 03/07/2011 09:36 |
SHEGS FC - Div3/Gr8 | ||
Username
471 msgs.
First-team player
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That depends on the amount you were granted,1000$ loan wont attract the same charge as 1000000$ loan. | 03/07/2011 10:16 |
- Div/Gr | ||
Username
5569 msgs.
Golden Ball
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Take the pending amount and divide by number of weeks. That's how much is coming out. |
03/07/2011 10:28 |
- Div/Gr | ||
Username
5569 msgs.
Golden Ball
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and don't worry about going into red. I've been -3M one week, paid it off on Friday, then went to -4M on Sunday night Just get to positive by end of week and think of going into the red as a "zero interest short term loan that prevents you from acquiring free agents" thing. |
03/07/2011 10:30 |
- Div/Gr | ||
Username
1948 msgs.
International
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Ok thanks!...just that i wanna loan like 3M from bank,so i'm scared of what will happened next. | 03/07/2011 12:11 |
SHEGS FC - Div3/Gr8 | ||
921 msgs.
MVP of the game
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Make the loan in 3 lots of 1mil, that way it's easier to pay off early if you want to. | 03/07/2011 12:43 |
- Div/Gr | ||
Username
1948 msgs.
International
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Good idea | 03/07/2011 13:25 |
SHEGS FC - Div3/Gr8 | ||