IMO getting a loan in RL is stupid (minus mortgage) but to get one in a game thats even crazier. The only thing a loan says about a person is that you borrowed money and now you owe that money back plus some and if what you're saying about taking it out of ones income as a percentage one could be paying it off for months if not longer. If one wants to get money for a spy upgrade one should do it the old fashion way and bank it, or invest it into weapons and later sell them for 75% back.
If one got a billion dollar loan with a payment of 10 million a tick at 5% interest then after 30 minutes the total dollar value owed would be: 1,045,000,000 and after an hour it would be roughly 1,115,000,000 if I did my math right on compounded interest. It could take forever to pay back if it would even be possible shy of MT, AT, UU or being able to manually enter in your own additional payment method.
Loans - Possible Update - Big Update
-
_BlackAsc_
- Fledgling Forumer
- Posts: 155
- Joined: Fri Oct 14, 2005 11:40 pm
just add say a dead 1% (just a ballpark number) overall tax onto the total amount rather than a per turn tax increase eg. if i get a 100bil loan i have to pay back 101bil ofcourse is say 15% min and rather than making it a G&R thing make it another part of the full supporter status market that solves the multi problem, quite frankly unless i find a loop hole that makes taking a loan profitable ill never use it but i can see how it would help the smaller guys say they take out the loan spend it on UP then once theyve paid it off they also have more UU understandable and for the bigger players in times of peace its pretty much useless (unless like i said loopholes) so it doesnt sound like too much of a bad idea.
id personally say 20%-25% interest on the lump sum.
you might want to limit say 1 per week too oherwise id take a loan for 1 naq per turn and be on ppt forever although personally i dont like the PPT idea i say you either take the risk out in the open or you wait till you can afford a damned PPT i mean 10 bil is farmable and or easily saveable through weps ect.
id personally say 20%-25% interest on the lump sum.
you might want to limit say 1 per week too oherwise id take a loan for 1 naq per turn and be on ppt forever although personally i dont like the PPT idea i say you either take the risk out in the open or you wait till you can afford a damned PPT i mean 10 bil is farmable and or easily saveable through weps ect.
For want of a nail, the horseshoe was lost. For want of a horseshoe, the steed was lost. For want of a steed, the message went undelivered. For want of an undelivered message, the war was lost.
