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Banking

Posted: Fri Jul 18, 2014 2:38 am
by Exekiel
So the bank is more than just a safe place to rest gold.

You have the bank offer investment and loan accounts. People and clans can put money into the investment side, and then the bank lends it out to people who want to take out loans with interest rates of like 10% a day.If you don't pay up, you get beaten and mugged by two "thug" characters that hunt you down and beat you up (or the bank puts up a contract, death counts as Arena death but the gold goes to the bank). Lending limits based on level. Possible credit score integration, if you are ambitious.

Or you could just get -1 karma each day you are late a payment, this way you risk an account so you can't just make a throw away character to steal gold.

Re: Banking

Posted: Fri Jul 18, 2014 4:59 am
by Dealer
This idea is very very nice. The only part I dislike is the karma part. A player shouldn't lose his character or account due to being a negligent casual.

Other than that damn, it sure would be sweet to be able to take loans out. :whistle:

Re: Banking

Posted: Fri Jul 18, 2014 5:38 am
by Exekiel
Yea. As long as we do something to increase security of loans. I'm no good with SQL so I sure as hell couldn't program it, but I could line up the mathematics, credit algorithms, interest calculations, etc. Hell, we could even have interest rates linked to credit: the higher risk, the higher reward.

This would also make it easier to get professions, you just have to earn enough money with it to pay it back, or sit in jobby hard.

I personally would put a lot into investment accounts.

Re: Banking

Posted: Sat Jul 19, 2014 9:41 am
by Freya
this sounds very interesting indeed. I favor the suggestion of the bank putting up a warrant and then other players can hunt you down for a % reward. Making it riskier the more money you lend.

Re: Banking

Posted: Sat Jul 19, 2014 10:22 am
by Fred
Here's the flaw: Make another account, take a loan, give the gold to your main account, delete the alt one -> Free money :)

Re: Banking

Posted: Sat Jul 19, 2014 2:08 pm
by platinum
Fred wrote:Here's the flaw: Make another account, take a loan, give the gold to your main account, delete the alt one -> Free money :)
i thought of that. so i'm thinking make the loan amount for pre-arch players very small.

Re: Banking

Posted: Sat Jul 19, 2014 2:21 pm
by Fred
platinum wrote:
Fred wrote:Here's the flaw: Make another account, take a loan, give the gold to your main account, delete the alt one -> Free money :)
i thought of that. so i'm thinking make the loan amount for pre-arch players very small.
It's primairly low levels that want money to buy gear

Re: Banking

Posted: Sat Jul 19, 2014 6:05 pm
by Freya
Ye, this is a problem. People always look for ways to abuse things. (Unfortunately)

Re: Banking

Posted: Sat Jul 19, 2014 7:43 pm
by Sealav
You could make it account bound where it's all your alts that are affected. Or program (sorry dev team) a credit card type thing where the money you borrow is on the card and the card is account bound.

Re: Banking

Posted: Sat Jul 19, 2014 7:51 pm
by Fred
Sealav wrote:You could make it account bound where it's all your alts that are affected. Or program (sorry dev team) a credit card type thing where the money you borrow is on the card and the card is account bound.
I already said people will just make another account for this... It's a nice idea, but bad in practise