How it works
A big loan works like a small one, with a size, a plan and an extra price, but it runs longer. In Lantern Bay, Tilda borrowed 12 coins for a car, the Orla family 60 for a cottage and Mira 24 for school.
Pay arrives a little at a time, so bigger things need longer plans: two years for the car at 6 a year, four for school at 6 a year, six for the cottage at 10 a year.
A car wears out a little each year, which is why car loans are usually the shortest.
A claim lets the lender take the car or cottage back if payments stop for a long time, but most lenders would rather make a new plan, so talk early. A school loan has no claim, because learning cannot be handed back.