Loans - Possible Update - Big Update

[evil flame]

Well i was here thinking how it could become rather useful if loans could become apart of the gaming world of stargatewars.

Just to run a through idea's here, obviously loans will help people progress but with everything there should be a limit i'd say each loan should depend on the persons income per turn for instance say someone's income per turn was 10 mil, which is very low, then it should mean that there maximum loan they can take out should be around 2.5bil, and once you've bought a loan your income will decrease a bit, to pay off your loan it will directly come from your income meaning you won't notice much of a difference other than possibly a bit less of cash than normal. This means depending on the income per turn each person will gain a different amount of naq that you can loan.

[Note this is an example of possible rates]

1 naq = 250 <- Max Loan
1 mil = 250,000,000 <- Max Loan
10 mil = 2.5bil <- Max Loan
20 mil = 5bil <- Max Loan
30 mil = 7.5bil <- Max Loan
40 mil = 10bil <- Max Loan
50 mil = 12.5bil <- Max Loan
60 mil = 15bil <- Max Loan
70 mil = 17.5bil <- Max Loan
80 mil = 20bil <- Max Loan
90 mil = 22.5bil <- Max Loan
100 mil = 25bil <- Max Loan


That is a possible term of rates for this.
Because you loan something you must pay it back right?

To pay it back we could do a system where it works in a similar way to officers, where it will come direct from your income without you noticing how much is actually being taking. This way it'll be quite easy to pay back.
It'll take time to pay back but it'll be easier to pay back rather than being limited to days. The loan will take 50% of your income to make up for the money you took and will slowly repay your debt, this will work quite well i believe.

In this method there will be no interest effect as it will take some time to repay the debts as it is.

We can pay back the loan more in time aswell, we can give all moeny we earn directly to the loan system, so when we go to the loan part on the stargatewars universe we will be able to add additional funding and on this page it will give us information on how much money we've left to pay back, so we can put more money directly into the loans this way we will have alot less to pay off whilst paying off the loan via our income per turn.

I believe it will be possible to somehow convert your turns, uu for money, however not a feature that can be used unless it is for loans i think would be fair, it's not exactly a conversion so to speak, more of.. the market rate say it is 100 at = 2 bil naq = 5k uu.

Well from that rate above we are saying if we donate 100 attack turns to the loan system it will pay off 2 bil of the loan and 5k uu will do the same this way can be sure to help us pay off the loan further, and will increase popularity use of using the loan system. To make this system more complex we will make sure all money that is received from the loaner system cannot be traded or given to other members this will ensure that higher members will not be giving it to other members to help them grow whilst paying back there own loan, instead of being able to trade it the money since some commanders are nice enough to buy PPT for their officers we can introduce something along the lines of giving PPT to someone except instead of giving PPT we give them the loan, who you give it to [ if not yourself ] don't pay it off, but will receive the money.

All loans should include 10 minute PPT or your money goes direct to your bank, the 10 minute is so that you can spend your loan so it is not stolen, in this case loans should not be stolen so a 10-30 minute PPT would be useful.

This will benifit all players and would help gameplay alot i believe.

I have further idea's on this system if you are interested i will explain my other idea's on this system.

There was no topic i found relating to this in the forum search.

evil flame

[ShadowLord]

sounds ok but there would have to be like a big limit maybe once a month otherwise this make stronger ppl even stronger due to there massive incomes already

[evil flame]

sounds ok but there would have to be like a big limit maybe once a month otherwise this make stronger ppl even stronger due to there massive incomes already

Thats point though, the bigger the income the longer it takes to repay you could say, so if you had 10 mil income, you rate would be quite low.

If you had 1 bil income your rate would be higher i guess, so the higher the income the more money you can loan, but you could make it so you have interest added on top and since you can't get more than one loan out at a time, then it may take time to repay, the possible additions of converted your uu & at into money to payback with is something which could be used, obviously from your point it would seem that it would become to easy to pay back.

So perhaps this could be something gained through Glory & Reputation points you have to pay around 2,000 to be able to get the loan system within your area.

[Zeratul]

having it only available through glory would remove it from access to new players... so not good idea...

but it should also be possible for smaller players to take up slightly larger loans, so that they can afford spy levels and such...

maybe the more one has loaned, the higher the interest... so if one loans 100 bill with an income of 250 mill/turn, the interest could be 10% + that income is lowered to 225 or 200 mill/turn till loan is repaid...
or maybe repayment rate could be adjustable? the lower rate of repayment, the higher the interest, and higher rate = lower interest...

[evil flame]

Well i think making the newer players not be availiable will limit it, as it doesnt take much to ascend.

there was another idea of this however, perhaps you could request loans off of others, and you repay them directly, so they give you the money.

really though i've thought this system out quite alot and i believe it really just needs some other people's help and work to get something fully together and proposed.

[Zeratul]

there is one problem... multies...

multies can be created, take up large loans, then attacked and deleted... then new multi made... etc...

[dead solid]

yeh but those multi's being just created wouldnt have a high enough income to like make it worth there while or something :/ couse if there just started they'd only be able to borrow like 1bill or something couse there income would b really low.

[Zeratul]

it is quite cheap to increase income a little, and such get large loan... then to get that naq transferred, then restart...

[deathguard]

good idea point about multies maby having to wait a little while say a month and what do u mean its easy to ascend plz enlighten me i have i mil arrmy zize and im sturgle to get g and r points

[Lore]

I see this being used to decrease peoples incomes to stop them from being farmed when they are away from the game. Instead of losing all their naq if they are away for say a week. They can take out a large loan and will still have that naq when they ruturn and 1/2 of their income went to paying back the loan so there was less for everone to farm.

[evil flame]

For multi's as i said if this was made possible it would be best to make it so you'd have to earn enough G & R points to be able to use this system this stops & decreases the possbility of multi's and also it gives another added purpose to the glory & rep points so far there is little other than supporter status & ascendtion.

And income is easily increased if his other account has a high income he can just take himself on and give most money to his other account.

[pro tech]

Bad idea. It would be better and easier to save naq in your bank or a friends, at least that way you wont have to pay it back.

Going by your example, I could get a loan for about 150 bill naq with my income and alot of other players could get even more. With my loan I would buy UU which would entitle me to a bigger loan the next time for even more UU.

I like the idea in some ways and not in others. What puts me off is that the bigger players would grow in size even faster and I think its ok as it is.

[evil flame]

It's true bigger players could grow faster, but there isn't much stopping them now when there playing since they are the most advanced members.

[Anonymous]

this would be excelent specialy for recently ascendeed

[~Phoenix~]

there is one problem... multies...

multies can be created, take up large loans, then attacked and deleted... then new multi made... etc...

having it only available through glory would remove it from access to new players... so not good idea...

One problem just solves another doesnt it.

Btw, whos more likely to get a bank loan, a 30year old or a 20year old. We all know the right answer