What do you think of having a bank loans feature on HP? Like you could ask the bank for a certain amount of HPD and then it could give it to you, but you'd have to then pay it back, plus interest? And if you didn't, it could fine you or something.

It would be a good way for people doing projects, or whos upgrades are about to expire and need the money for an auction but don't have it yet to get that stuff, and then the interest when they're paid back would help inflation on the game because money would be moving out.

Thoughts?

You're welcome for help on that idea....hahahahahah. HP lines of credit xD

i could see it working but i could also see players going into megadebt.. haha. 

However - as someone who usually needs money for an upgrade and doesn't quite have it, I'd like this option. :]

I like this. Perhaps cap it at a certain amount because project people will get greedy....

Yeah, I'm thinking we'll base it on what's in their bank already, like real loan people do.

I like this idea, too. :3 I'd likely use it to get my lines started faster!

I think it's fine. Just make it so it automatically takes the money back from you, so it wouldn't even have to fine you. Just at a certain time it re-collects it, even if you go negative.

Love the idea!!!
When can we implement it?? Hahaha!

Love this idea as well :D it would definitely be helpful for most if not all players (:

I think this is a great idea... as long as there's a saftey so people can't "barrow" money from other players to have in their bank when getting the loan... so they can get more than they really can afford. Like maybe have to loan based off of their bank for a certain ammount of weeks?

I think its an amazing idea... I can just see a lot of people trying to cheat the system and get alot more than they can afford, then hating the game because they can't do anything because of all their debt...

I like!

yes please! and it will teach young people to be responsible with their credit cards! :D

YES YES YES!

I have to say, I do not agree completely with adranth. if players could go negative, what is even the point of having money if you can have negative?

Also, to go off of uni's comment about 'credit'; I think that if we will be borrowing money from HP, we should have a monthly or weekly 'payment' and a definite 'due date'. If we miss a payment, we will be fined immediately AND there will be an additional fee added to the total amount owed. Multiple payments on time could be another acheivment, as well as increase the 'cap' on how much that individual can borrow.

I am tired, but i will definetly have more to add to this later!

I'm thinking we'll have an application process, which will have to be admin approved. So basically you'd tell us what amount you want, when you plan to pay it back by, and why you want it, and then we'll look at your bank balance and figure out how likely you will be to pay it back and then either approve or deny it.

Just like how a real bank does it! Application for the loan, they check your balance and credit history, then approve or deny. Ahhhhh real world applications in game. I finally understand why my math teachers kept telling me "you'll need this in the real world". Lol

The more I hear of this, the more I like it. I'm honestly not sure how much I would use it, personally... But it's sounding like a good addition to the game!

Love this idea.

I approve :p

Sam, I do like what you said, about being admin approved, but since it would go on bank funds now, and likelihood to pay back, maybe you could take into consideration past balances? The markets kinda screwy and I've had up to 8 bil (no brags) and now im down to 200 some mil, but I do upgrades for income, which aren't selling too well. Is this something that's taken into consideration? I also use a majority of my funds for the project, so i dont have millions and billions sitting in the bank, which isnt to say I wont or wouldnt pay the loan back.

Just a personal consideration, which could apply to multiple people, i wanted to touch on.

Thanks :)

What about - in order to make sure people aren't borrowing and not paying it back - allow them to take an "advance" on their weekly salary? Then not allow them to collect a salary for however long it takes to make up for what they took in advance, plus 1 weeks salary as interest, or whatever? Just trying to think of an easy way to get this work without people taking advantage of it (and therefore making the loans/interest pointless).

I dislike this idea and wouldn't use it even for projects. I think it makes things too easy. You wouldn't even have to save in order to conduct a project animal, it would just be there automatically for you to borrow in a sense. You'll be adding a ton more money into the economy than you're taking out with intersted. It's kind of the reverse of what you've been doing.

And if someone doesn't pay it back on time they would get fined, which is all fine and dandy but if they already owe you money it's not really going to make a difference to say they owe even more. Even if it's automated to take out the money no matter what I just don't like the idea. What if they just move all the loaned money to another account? Then what? You've got a money plus interested fined to one account they no longer care to have and their money sitting safely on another account. I think this would also create an even bigger gap between new players and older players. No no player is going to be able to borrow the same as an older player on top of already starting out with less.

I'm the type that if I don't have the money, I don't get it. Now when it comes to real life loans it's a little different but loans of sim money is just too easy to abuse and basically impossible to feel any real reprocusion. Unless you'd be will to ban players or even deduct upgrade time which may sound harsh but that's kind of the only thing that would really obligate players to follow the rules.