10. Loans

Loans between Characters

1. Characters may loan money between themselves for whatever terms they agree to. Such loans are on an honour basis and will not be kept track of by the GM. Both players must order the loan for it to take effect. A character may have an unlimited number of such debts with other characters but it is his responsibility to keep track of them.

Loans from the Medici

2. Characters may, as a pre-monthly action, borrow money from the Medici, chief bankers to the Pope. The Medici will loan a maximum of 100*his SL Ducats to any character that so desires for a period of 12 months.

3. At the end of the 12 month period the amount of the loan plus 10% must be repaid as a pre-monthly action, else the character is Disgraced and cannot return to Rome until he is able to repay the debt.

4. If a character is on a Mission or in prison when his loan becomes due, he need not repay it until the first month he is back in Rome. However, if he does not leave until the month in which the payment is due, the usual repayment regime applies.

5. A character who fails to order repayment after 12 months, but has the money to do so, has the loan, the agreed 10% and an additional 10% deducted from his funds. The additional 10% compensates the Medici for the costs they incur in tracing the character and enforcing payment.

6. Only one loan can be outstanding to the Medici at any time. A character who rises in SL may borrow additional money so that the total debt is 100*his new SL, the due date of the entire amount becoming 12 months from the date of the most recent loan.

7. A character may not take out a new loan with the Medici to repay an old one.