While in CKII there was a opinion penalty towards the clergy, in CK3 I cannot find any downsides on having a loan.

The Wiki says that it "Removes all negative effects associated with holy order loans", but I couldn't find any such effect.

Is there some hidden effect I didn't notice nor encounter yet?

1 Answer

If the loan is not repaid then the Holy Order will start making demands.

Usually they want one of your holdings, which will then no longer give you taxes nor levies.

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