Paying off debt is a headache for any person. So in the BitLife world, paying off debt is not an easy task.
There are several ways you can pay off your debts in BitLife. But not all of them are legal and you might end up screwed if you follow an illegal way to pay off your debts.
In this article we will find out how to pay off your debts in BitLife in a legal way.
Table of Contents
- Different Types of Loans In BitLife
- Wrong Ways Of Paying Off Debts in BitLife
- Legal Ways Of Paying Off Debts in BitLife
Different Types of Loans In BitLife
Primarily there are two types of loans in BitLife.
- Student Loans
- Mortgage Loan
Now let’s discuss how to pay off each debt type in the BitLife game.
Wrong Ways Of Paying Off Debts in BitLife
There are several ways you can earn money in illegal ways and pay off your debts in BitLife. But if you get caught you might suffer a lot. But this way you can earn money quickly and pay off your debts quickly. These methods includes burglary and pickpockets.
See this video if you want to find these methods.
Legal Ways Of Paying Off Debts in BitLife
Pay Off Student Loans in BitLife/ Automatic Loan Repayment
You get student loans for higher education in the BitLife game. So you don’t have any assets under this loan. So after your education and university life, you need to get a job.
Your student loan repayment is an automated process. The crucial thing is you need to have a constant source of income or a large sum of money in your BitLife bank account.
When you get a job in BitLife, make sure to work hard every year. So you will get promotions and pay rises in your career. When you earn a good amount of money, your automatic student loan repayment will take care of your loan.
Once your automated loan repayment is completed, the BitLife app will show you a message saying you have successfully paid off the debt.
Pay Off Mortgage Loan in BitLife
If you have an automatic loan repayment process for your loan, it will be paid off automatically with the money you earn from your salary. You only have to get a proper job and work hard every year to gain pay raises.
But if you have a mortgage and don’t have a proper job or enough money in your bank account, you are in trouble. Now you have to make a decision. You can select either one of the below options to pay off your mortgage in BitLife.
- Find a Job As soon as possible.
- Sell your house or the assets to pay off your mortgage.
Finding a job is not a hard thing if you have enough qualifications. Even you can do freelance gigs or part-time jobs to raise your bank account. If you can find a permanent full-time job with enough paycheck to pay the monthly installment, you have saved your life by paying off the whole debt that your BitLife character has taken.
Otherwise, you will need to sell your house to pay off the mortgage. Once you sell the house and pay off the debt, work hard to get a job and raise your bank balance. If you cannot find a full-time job, you can always go for freelance gigs and part-time jobs to increase your bank balance. When you are looking for a job, always go for a highest paying jobs in BitLife.
Finally, when you earn enough money and become rich in BitLife, you can buy a new house in BitLife again.