There are two major banking institutions in the universe; Planet Corp. and Uni. Corp..
Banking-Banking allows you to keep your credits safe from theft.
- Planet Corp. allows you to deposit and withdrawal your credits from any location in the mortal universe. To off-set the company's cost of this conveinence, no interest is given.
- Uni Corp., on the other hand, has only one location in the universe; The Universal Market. To make up for this slight inconvenience, accounts held with Uni Corp. accrue a 1% interest earnings on any amount kept in the account on the last day of every month. There are two stipulations though; first, your credits will have to be in the bank either on or before the 1st of the month to qualify for that first month. If you deposit your credits on the 2nd or later of the month, you will not earn interest until the end of the next month. Second, any deposits or withdrawals made on any day other than the first of a month will result in a resetting of the 30 day window. The 1% interest will be placed in a holding account and will not accrue interest. It will be your responsibility to remind us of your interest earnings via the Banking Form.
Loans-Both banks have loan programs. Planet Corp. loans less, has a higher interest rate, but has a longer no-payment period. Uni. Corp loans more, has a lower interest rate, but demands swift re-payment.
- Planet Corp. allows you to borrow 10x what you could possibly earn by working for a month. The interest due is 3/4 of what you borrow and is due at the end of 60 days. Please note that you must pay back both the initial loan amount as well as the interest amount. Borrowing 10,000c means you will be paying back 17,500c.
- Uni. Corp. allows you to borrow 25x what you could possibly earn by working for a month. The interest due is 1/2 of what you borrow and is due at the end of 30 days. Please note that you must pay back both the initial loan amount as well as the interest amount. Borrowing 10,000c means you will be paying back 15,000c.