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Cashflow Games A discussion of Cashflow games including 101, 202 and Kids.
Rich Dad > Cashflow Games > Bank Loan
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Connie - 8/18/2011 1:03:47 AM
Bank Loan
Can I pay off bank loan in one shot? Eg. bank loan $10,000 (bank loan payment is 10%, so $1000). Can I pay off $10,000 in one shot?
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Member
antoine - 8/20/2011 7:27:51 AM
RE:Bank Loan
hi !
yes you can. you just have to pay off your loan to the bank. You can do this for every loan, included home mortgage, school loans, car loans, credit cards, retail debt.

cheers
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Member
Andrew63 - 1/1/2012 2:39:10 PM
RE:Bank Loan
OR, you can pay down a Bank Loan (only a bank loan) in increments of $1000
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Advanced member
MaxTay - 6/8/2012 4:44:39 PM
RE:Bank Loan
Definitely! In fact Bank Loans i clear them asap versus other loans... in fact I don't really clear off any loans except Bank Loans.

Max Tay
http://www.CashFlowGame.com.sg
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Member
RichLinn - 7/12/2012 5:53:41 PM
RE:Bank Loan
Andrew63 wrote: OR, you can pay down a Bank Loan (only a bank loan) in increments of $1000


No increments on the online game.... only one shot payment accepted online
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Member
Mehak - 6/9/2012 3:28:18 PM
RE:Bank Loan
I am sure you probably will be able to however sometimes there may be an early repayment fee. So check with your loan company before making the payment. 

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