Paying off loans

[CallingSkoot]

I’m paying off a loan of £400,000 but it’s taking a frustratingly long time to pay it off. Any tips to pay it off quickly?

[XBL Laberbacke]

Make more money.

[gallagher4005]

Agreed.

[M4S0N13]

With the low interest rate, it's worth borrowing the money. The smaller loans are a little steeper.
I always loan the 400k + 100k (including money of my own) to set up a new garage with 5 trucks. I then pay off the 100+ when I'm able, and later on the 400k.
It helps me to expand faster. Though a lot of players prefer to work only with their own cash.

[Nimir-Raj]

TBH I've never seen a need to borrow money, you make it so fast in this game, particularly if you focus on boosting just in time, fragile, ADR.

[Briannospam]

Originally posted by Nicolae I:

I’m paying off a loan of £400,000 but it’s taking a frustratingly long time to pay it off. Any tips to pay it off quickly?

Do you have the 400,000 in one loan, or several less loans?
If you have several less loans, let's say 4x100,000 you can pay them out seperately one by one when you have money enough for that.
- Else when you have the rest amount on your account you can pay out your loan when you want to do that.

[Underscore_101_3]

For better tips some more info would be nice, like if you have AI drivers working for you.

But the best tip to learn from this real life lesson is to sell what you bought from it and start from scratch driving contracts :-)

IF you have AI drivers and they make enough money to cover your daily expenses plus a bit more take jobs that include a ferry ride, or just go up and down with a ferry a few times, the longer the ride the more time your AI has to bring in some much needed money and they will earn more, faster (kinda), but you won't. (this way takes a few minutes irl, but can take up to a few weeks in game time).

[HiTmAn]

dont worry for loans.. just play money will come faster wen u dont think about that...just focus on u main region to have drivers and trucks.. work u way up.. once u establish u region u will earn 2 mil+ per day

[M4S0N13]

Originally posted by HiTmAn:

dont worry for loans.. just play money will come faster wen u dont think about that...just focus on u main region to have drivers and trucks.. work u way up.. once u establish u region u will earn 2 mil+ per day

I have 6 garages, spread all over the map, does your post mean its better to concentrate them all in one region? Does the garages then perform better, as to ones far away from each other and in different regions?

[Wille Wilse]

Originally posted by Africa:

Originally posted by HiTmAn:

dont worry for loans.. just play money will come faster wen u dont think about that...just focus on u main region to have drivers and trucks.. work u way up.. once u establish u region u will earn 2 mil+ per day

I have 6 garages, spread all over the map, does your post mean its better to concentrate them all in one region? Does the garages then perform better, as to ones far away from each other and in different regions?

No it doesnt matter - its the amount of drivers and garages if needed that matters. Or just dont hire any drivers and do it yourself wich isnt that hard :)

[M4S0N13]

Originally posted by Wille Wilse:

Originally posted by Africa:

I have 6 garages, spread all over the map, does your post mean its better to concentrate them all in one region? Does the garages then perform better, as to ones far away from each other and in different regions?

No it doesnt matter - its the amount of drivers and garages if needed that matters. Or just dont hire any drivers and do it yourself wich isnt that hard :)

Okay cool!