Faction Based Loan System

[Sargeshovel]

The idea behind this is that it would make it easier for mid level players to get credits for larger ships or for goods without having to grind to make up the cash.

You would also tie what loans you can get to certain factions. For example the Alliance could offer 100K loans for friendly pilots with a 10% interest (so you have to pay back 110K) similar to Crew or Insurance it would take a % off each income to paying off the debt.

Also offering different loans based on ranks within factions. So an Ensign with the Federation could get a loan of 200K but an admiral could get 50Mil. And then between factions the bonuses would differ. So an Admiral with the Federation could get a 50Mil loan at 5% (52.5Mil) but a King in the Empire could get 200Mil at 15% (230Mil).

You could also limit a Pilot to 1 loan at a time to stop a commander spamming cash and to give bigger consequences for taking a loan.

 

[Mjr Brownstains]

C'mon Frankie, tell Big Louis I'll have his money before next tick...can't you just kneecap me? Why the airlock Frankie why? NO, NO....swoosh.

 

[[Diplomacy] Carnegie]

Or players could just be patient.

 

[The Cosmic Sojourner]

We could be patient but a Faction Loan feature would certainly add more depth to the RPG aspect of the game. In fact, to take it a step further and create a more authentic real world quality to our activities in the game, a player could perform various "NON-GRINDING" and lore-related activities for an established, affiliated, and reputable faction to qualify for "investment capital" at a “reasonable interest rate." The investment capital could be used to purchase bigger and better ships or modules, or it can be used for another feature I would love to see in the game - the opportunity to create our own corporations that manufacture unique goods and/or offer specialized services to other players and factions. Our corporation's success could potentially impact events and influences in its headquartered system. However, I digress. Getting back to the topic: A player could choose to secure a greater amount of needed financial resources from dangerous, disreputable, unaffiliated “loan shark” factions but at a greater rate of interest and at a greater loss of personal finances and superpower and minor faction reputations if he or she fails to pay the money back.

I don’t know what “stats” or activities would qualify a player for certain loan amounts, but interstellar faction financed loans could potentially create a layer of interesting motivation to selecting and completing certain mission objectives.

 

[Sargeshovel]

We could be patient but a Faction Loan feature would certainly add more depth to the RPG aspect of the game. In fact, to take it a step further and create a more authentic real world quality to our activities in the game, a player could perform various "NON-GRINDING" and lore-related activities for an established, affiliated, and reputable faction to qualify for "investment capital" at a “reasonable interest rate." The investment capital could be used to purchase bigger and better ships or modules, or it can be used for another feature I would love to see in the game - the opportunity to create our own corporations that manufacture unique goods and/or offer specialized services to other players and factions. Our corporation's success could potentially impact events and influences in its headquartered system. However, I digress. Getting back to the topic: A player could choose to secure a greater amount of needed financial resources from dangerous, disreputable, unaffiliated “loan shark” factions but at a greater rate of interest and at a greater loss of personal finances and superpower and minor faction reputations if he or she fails to pay the money back.

I don’t know what “stats” or activities would qualify a player for certain loan amounts, but interstellar faction financed loans could potentially create a layer of interesting motivation to selecting and completing certain mission objectives.

So would you want a system similar to how fines work? You have a week to pay them off and if you don’t, it turns into a bounty? It could be limited to spaceports only and you must have Friendly for basic loans and Allied for higher tier loans?

 

[The Cosmic Sojourner]

So would you want a system similar to how fines work? You have a week to pay them off and if you don’t, it turns into a bounty? It could be limited to spaceports only and you must have Friendly for basic loans and Allied for higher tier loans?

Excellent ideas!!! Definitely like the loan tiers tied to rep level. I think this feature could help new players afford better ships earlier and a better ship will help them earn more credits.