How to make loan in Myprofitland?

Image result for bank loan




This will be my guide on how loan works in Myprofitland and how you repay the loans. Loan can actually help the players to progress in the game.

In Myprofitland, there is a bank company which have 2 functions in the game which are to give access to players to do gold transfers between players as well as to give out loans to people who need it.

ADVERTISEMENT


A loan consist of three main components :

1) Loan amount

2) Period

3) Interest rate

You can contact players in the game who own bank company by messaging the person directly to loan from them and negotiate on the period as well as the interest rate. The player can either accept/reject an offer by going to their profile and under "My Finance"

This will be an example of all the accepted loan of a player in the game. When a player accept an offer the loan will be paid periodically or in this game known as 'installments' 10 times. The payments will be done automatically.

The period can either be :

a)1 day (10 days total)
b)1 week (10 weeks total)
c)1 month (10 months total)

When a loan is set for automatic, the system of the game will check whether the player has enough gold to make the payment or else the players local currency or Euros will automatically converted to gold to make the payment.

"If you would know the value of money, go and try to borrow some; for he that goes a borrowing goes a sorrowing" 

-Benjamin Franklin