I was thinking of something like this for the clan fund; players can take money out of the clan fund with permission of the admiral and must pay it back with interest within x amount of time...CommanderCody said:How about a loan system intstead of a give system, that would count as fair and balanced wouldn't it?
Like the min interest rate is 5% and the max is 100%, there should also be an option for how the interest is paid such as (note: all loans have a set deadline the loaner can decide on. also, there should be a credit system where the best credit is 1000 and the worst is 0, the better you credit, the more likely you will be able to get a larger loan):
Fixed loan where you pay the interest before you pay the acual loan and if you fail to pay it before the set deadline it will de-equip and sell your ships until you have enough cryo to pay for it, if you dont have enough it will give you negative cryo. It will charge the set amount of interest for every Day Week or Month set as the interest adder, thus a 3 Month load with interest every 3 months gives 15% Profit for the Loaner etc. The advantage is the loaner will get all his profits, the disadvantage is the person paying to loan has no want to pay it off till deadline.
Monthlly/Daily/Weekly Loan, Interest is charged every Day/Week/Month or whatever the set one is. Interest is automactically charge at the signing of the loan. The advantage of this is it encourages the person paying the load to pay it off ASAP but the loaner may not make quite as much profit off it, of course, it frees the money for loaning to someone else.
yep, and it should also be made that they can't leave the clan till the loan is paid off so no-one takes a loan and hops the fence before it is paid.lance said:I was thinking of something like this for the clan fund; players can take money out of the clan fund with permission of the admiral and must pay it back with interest within x amount of time...CommanderCody said:How about a loan system intstead of a give system, that would count as fair and balanced wouldn't it?
Like the min interest rate is 5% and the max is 100%, there should also be an option for how the interest is paid such as (note: all loans have a set deadline the loaner can decide on. also, there should be a credit system where the best credit is 1000 and the worst is 0, the better you credit, the more likely you will be able to get a larger loan):
Fixed loan where you pay the interest before you pay the acual loan and if you fail to pay it before the set deadline it will de-equip and sell your ships until you have enough cryo to pay for it, if you dont have enough it will give you negative cryo. It will charge the set amount of interest for every Day Week or Month set as the interest adder, thus a 3 Month load with interest every 3 months gives 15% Profit for the Loaner etc. The advantage is the loaner will get all his profits, the disadvantage is the person paying to loan has no want to pay it off till deadline.
Monthlly/Daily/Weekly Loan, Interest is charged every Day/Week/Month or whatever the set one is. Interest is automactically charge at the signing of the loan. The advantage of this is it encourages the person paying the load to pay it off ASAP but the loaner may not make quite as much profit off it, of course, it frees the money for loaning to someone else.