Loan Approval Criteria and Policies

The following are criteria for loan approval by SimState bank:

  • Student Loan: a GPA of 2.0 and above
  • Mortgage: 20 x the total daily reportable wages for the household
  • Business loans: 20 x the total daily reportable wages for the household

The option of borrowing directly from friends may also be available. Sims will lend
  • up to 50% of household saving to people they are infatuated with at 0% interest. logic is out of the window when love is concerned.
  • up to 75%, 50%, 25% to their children outside of the household at 0% interest with whom they are best friends, good friends, or simply friends
  • up to 50% to their best friends, 25% to their good friends at varying interest rates.
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