is it worth getting a loan?

[Gunnery_SGT_Highway]

seeing that loans in this game can costs alot in interest is it worth it or just buiding off the profit?

[mariusbrox]

Noooooo!!!! Worse then the % on a awful creditcardcompany😂

[mariusbrox]

If you get the 750$ loan.
You only pay the
daily payment on 68.75$

After 15 days you have paid: 1031.25.

Soooo…. 281.75$ in just rents!

Edit:

Now the daily payments are 57.50. And total are 862.50. Just rents 112.50.
Much better!

So yes! Now its value!

[mariusbrox]

It JUST came an update!!!

[Bc2d15]

(A loan on top of your profits, not a loan on nothing)

Yes, its worth it, but only if you plan properly. Getting a loan to buy the storage, probably a bad idea. Getting a loan to Buy a Cashier, a store upgrade, some new equipment and a fresh stock of new products. You'll be sitting pretty.

A lot of people are under the influence that time spent before and after the day are "free", this is false. the electricity bill still runs, that's why some days the bill is bigger than others. If you have cashiers to run the store at the start, meaning you can press 'OPEN' as soon as you spawn in, and go order product. What I'm getting at is, if you can invest the loan properly, you will save and earn at the same time, making it worth it.

I never had a late fee, even with the $500 a day owed from my $2000 loan. and the whatever I had from the $750 loan at the same time, on top of my rent and bills. I still don't know how auto collection works when you don't pay.

[Gunnery_SGT_Highway]

ok,was just checking....thx!

[Gh0ast]

Originally posted by Bc2d15:

(A loan on top of your profits, not a loan on nothing)

Yes, its worth it, but only if you plan properly. Getting a loan to buy the storage, probably a bad idea. Getting a loan to Buy a Cashier, a store upgrade, some new equipment and a fresh stock of new products. You'll be sitting pretty.

A lot of people are under the influence that time spent before and after the day are "free", this is false. the electricity bill still runs, that's why some days the bill is bigger than others. If you have cashiers to run the store at the start, meaning you can press 'OPEN' as soon as you spawn in, and go order product. What I'm getting at is, if you can invest the loan properly, you will save and earn at the same time, making it worth it.

I never had a late fee, even with the $500 a day owed from my $2000 loan. and the whatever I had from the $750 loan at the same time, on top of my rent and bills. I still don't know how auto collection works when you don't pay.

Bills just deduct automatically if you let them go, there is no benefit to taking the time to pay them manually. However it is very much worth taking the time to go in and pay the loan early.

If you don't have the money to cover expenses, you'll just start negative