How does money lending work? [4.21]

[Dilandil]

I am having a bit of trouble when lending money. Just tried a game as a banker, and had plenty of loans with people (around 1,5K money invested in loans.) However, almost anyone gave back the money after 6 turns have passed (2 people out of 20, is my guess).

Is there something I am doing wrong? How does banking really work?

[Senlassa Foxy Lassa]

You create the pawn shop/money lender/bank and you click on the button that says "control credit business" or something to that effect. It'll give you three amounts, each I think being a set percentage of your overall money, and you select the amount you want to throw in there and repeat as needed until the desired amount of money is there. Then you set either your dynasty member or your employee to "Provide Credits," (or again, something to that effect) and they'll go to the back of the business and have a seat. Various citizens will come in and take loans and that money comes from what you put into it, and is limited to that amount. If it runs out, no more loans will be granted. In time those citizens will come back and pay out the loan along with the interest charged on the loan. The amount of the loan goes back into the credit account and the interest amount goes into your pocket. Some take longer than others, and some bring it back almost immediately. My best advice is don't play it on 4 year intervals, I tend to keep it on one year per turn.

It's not the quickest way to make money, but it should work properly now that it's been patched. Before you didn't get interest, so it was a pointless business apart from building coins and such.

That's about all I can give you, some you might've known, some you might've not......but hopefully something gives you a hand.

[Zalzany]

Ish is right its not a steady income, its always been more a side buisness, its never wise to use the bank as your primary buisness, its mroe a trickle income, and also I mostly use it to stimulate the economy, I don't know if they acutaly use the loan money to buy things, or they have to make money back to repay. But its all the more reason the bank is one of the more end game buildigns, for big loans in a wealthy town that are paid back slowly.