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A loan as a lesson

3 min read · loan

Why

A loan in KiddoPay is a safe way to show that “take now” means “pay back later”. Automatic repayment takes part of every income, and your child sees it in the history.

Rules

  • One active loan.
  • 0% interest the first time; later you can use 10% to show the price of money.
  • A 50% repayment share — income drops noticeably, but doesn't disappear.
  • Don't give a loan for something that can be saved up for in a week.
A loan as a lesson · KiddoPay