Loans

[dunn]

It doesn't have to be paid by the player. Every time you deposit in bank, the loan tax can be deducted from the amount. Pay in deposits.

[kraven]

Would be nice if it was possible to take a loan out from 1st Worldwide Icesus Bank (or whatever it is called). A player in dire need of cash, who cannot get a loan from player, could take out however much needed (cap limit at maybe 5M - we do want them to pay back loan someday).
The interest rate should be either straight outrageous, say 10% (withdraw fee) or more, or a flux fee varying with the amount borrowed...the more you borrow, the more interest you get. At a 5M loan, interest would peak, reaching maybe even 25% (which would be a total payback of 5M + 1.25M = 6250000 silver).
Reputation could play a part in how much interest you get, regardless of the system used.
A player couldn't take out more than one loan at once (to cheat the 5M loan cap).
Payback could be done all at once, or in multiple quantities (no interest charged for payments).
To ensure payback of a debt, a time limit is set for the payback of the loan, the length dependant upon how much was loaned out. If that limit is reached, and the loan is not fully paid back, ALL services requiring cash are disabled for that player. This means they:
-Cannot use the channeler or smith.
-Cannot study or train spells or skills.
-Cannot purchase from any shops.
-Can't use the bank in any way (except to make payments).
Actions involving the transfer of money with NPCs is still permitted, since it is not officially a "service" and is not subject to the influence of the bank, as well as paying off rent for apartment, locker, or stables.
Payments don't need to be made with cash, the bank will subtract money directly from your account as well.
When the limit's reached, all funds stored in the bank will be depleted towards your debt.
The time limit only counts when the player's logged into the game.
If the player freezes themself or doesn't log on for, say, nine months, and the loan's not paid back, they automatically lose everything of monetary value in their possession, towards the loan. This includes money still invested in the payment of apartments, lockers, and stables. Also, everything in your locker or apartment will be "liquidated" as well. Your mount will be sold off, as well as the apartment, to cover the loan...however material possessions are taken first, such as items or eq.

Could go on longer with even more details, but the basic idea's pretty well outlined already, so I'll leave it at this.

sorry to say but ppl are cheating ****** here,what do u think if someone would make multiple chars to always take a loan and tranfer it to his friend or so..there must me some level requirement in this..like 50 or so wich is hard to get and it will secure that its only commited players that does the loan taking

[dunn]

Maybe I'm reading this wrong. Are you suggesting that player never has to make payments himself...? So, whenever he deposits, a fee is taken from that and your total loan is subtracted. Thus avoiding a time limit on payment. Hmm, actually that is rather more simple to code, and is a much better idea. Appreciate it.

Yes, that was my suggestion to the idea.

As for secondary chars, rule could be made -Secondary chars cannot take out bank loans.

Depending on the penalty for the primary char, that determines whether or not that would be cheating. Perhaps IF they had an -outstanding- loan in progress they could not transfer from their account to their secondary char at all?

Of course this would not stop people from making their friends transfer to their secondary with bank loan money.. Tricky.

[kraven]

Maybe I'm reading this wrong. Are you suggesting that player never has to make payments himself...? So, whenever he deposits, a fee is taken from that and your total loan is subtracted. Thus avoiding a time limit on payment. Hmm, actually that is rather more simple to code, and is a much better idea. Appreciate it.

Yes, that was my suggestion to the idea.

As for secondary chars, rule could be made -Secondary chars cannot take out bank loans.

Depending on the penalty for the primary char, that determines whether or not that would be cheating. Perhaps IF they had an -outstanding- loan in progress they could not transfer from their account to their secondary char at all?

Of course this would not stop people from making their friends transfer to their secondary with bank loan money.. Tricky.

yes there is always some loop hole..that would be great feature if we had 99% honest players

[kraven]

Here's a partial solution, the amount of loan you can take out will depend on level. Group of low-level players couldn't smuggle nearly so much. When they reach highbie level, they should know better than not to cheat - wait, that was totally ridiculous statement, at least to some people. In any case, limiting the amount you can take out by level would be a fair restriction. No lv1 newbie with 5M loan. And by the time you reach level 50, paying back 5M loan is only a day's work or so.

Since there is already a 300M exp requirement for secondaries, the player creating such a character is most certainly a long-playing one, hence high level. It makes sense that a secondary character shouldn't be able to take out a loan.
(Maybe with double or triple interest would be fair.)

Primary should not be allowed to transfer more than 1/2 (sounds about right) the loan amount to his secondary while the loan is outstanding. In total, that is - no cheating by multiple small transfers.

The above rule could also be extended to comply with everyone - anyone that has a loan out, cannot transfer more than 1/2 the loan to any secondary character, or any other player for that matter.

Well, if things get out of hand, should be easy matter to prohibit all spending for shops and guilds for offending, loophole abusing players.
Maybe also include a second time offender law...Break the rules for loans twice or three times, and you can never get another one. For that matter, not paying back your loan should lower reputation in all honest circles. Nobody likes stingy slimeball.

well,i think the loan should be given to highbies only,cos those are the ppl that are "renowned" all over Ice and Bank could trust a million loan to someone who has saved the city,slayed the dragon and rescued the princess...and if low levelers would get loan it would be max something like 500k or so...and highbies should max get 2m or so..that no "shitload" of silver to no one.