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| Forum » Doubts and questions » Loan Repayment | Date | |
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Username
88 msgs.
Rookie
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When you take out a loan, is there a way to pay it back early? Thanks |
24/10/2011 21:02 |
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27 msgs.
Child's coach
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just press the amortize button... |
24/10/2011 21:24 |
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Username
88 msgs.
Rookie
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Where is the amortize button? I don't see it in Chrome or IE. Thanks |
24/10/2011 21:32 |
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Username
2108 msgs.
Best scorer
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It should be under type. | 24/10/2011 21:47 |
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27 msgs.
Child's coach
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you can see it only when you have the money to repay the loan... go to the loan page ...the button is on the right side of type... however it would be better to place the same amount of money in a deposit since by amortizing the loan you are anyways paying the extra % of interest... The deposit allows you to not only keep the money and earn on it but also you can remove it anytime you want... just an opinion though |
24/10/2011 21:58 |
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Username
88 msgs.
Rookie
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I was hoping to pay half my loan out... but I guess you can only pay the whole thing, and if there is a payment penalty then I will just let it be. THANKS! |
24/10/2011 23:05 |
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Username
1835 msgs.
International
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The paying early penalty is 5% I think. I've taken out a few small loans to buy players. If I need say 3 Million I'll take out 3 separate $1 mill loans. That's just how I do things though. | 25/10/2011 00:21 |
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395 msgs.
First-team player
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As noted, it is still cheaper to amortize the loan then paying the interest on it normally, at least most of the time. You are effectively paying 5% interest on the remainder which is the lowest interest rate you can get in the game. | 25/10/2011 01:46 |
| - Div/Gr | ||
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