If you don’t have enough Simoleons for the late fee, it will deduct when you do.

If your sim is at work, the late fees will be deducted shortly after they get home. After the first late fee, they will be deducted about every 24 hours until your sim makes a payment. Once you receive the Loan Payment Overdue buff, a 5% late fee (5% of your payment) will be deducted shortly after, and if your sim ignores this buff for 24 hours, this buff will turn into a Loan Payment Overdue! (stressful mood) buff.

If your sim doesn’t make a payment (or pay in full) within 48 hours, he/she will receive a Loan Payment Due (fine mood) buff.

Make 12, 24, or 36 payments which includes a 5% interest rate.

Your sim will then be responsible for repaying it! When repaying the loan, you have two options:

Once you select the loan amount, your sim will receive a Loan Packet in their inventory (which is not delete-able). From there you will select which loan amount you want. When your sim needs a loan have them click on the computer and select SimCity Loans. Original Description (edited to merge in newest features info): Your sims (teen and up) can now apply for loans from SimCity Bank.

How to install simcity mods