Loan Balance with Closed Banks

[QwertyStan]

This has gone very off topic...

Has CJ ever said why they made the rule that pirates can't own Banks, I'd be interested, as for mechanics being real life or not,does it really matter? Most mechanics are thought from real life and then modified to fit the game better, but some mechanics are completely separate from real life.What you need to think is what are the effects that this change would have on the game, an whether those effects would be positive for the game or not, (for the game not singular people).

In my opinion, automatic payments should be stopped and interest should not be added for not paying back(if bank is closed)(as it is) but you can manually pay back the loan if you wish to. As for the banker earning a little amount of money when his bank is closed? Is that really a massive problem? and for those people who aren't annoyed about loans you cant pay back don't have to pay them back till the bank is reopened.

[DezNutz]

Just thought of something else as well. Loans are a contract agreement between the player and banker. The player requests for a loan, the bank returns an offer of x dollars at x interest for x days with payments occurring every x days, and the player then agrees to the terms. The bank being able to "pause" a loan at their whim is technically a breach of the agreement.

[Sebena]

Just thought of something else as well. Loans are a contract agreement between the player and banker. The player requests for a loan, the bank returns an offer of x dollars at x interest for x days with payments occurring every x days, and the player then agrees to the terms. The bank being able to "pause" a loan at their whim is technically a breach of the agreement.

same as not paying it at all... if we are looking into the details also about this if bank is closed player doesn't pay anything and I am 99% sure that intressts doesn't grow either meaning that this mechanic helps players as they can generate more money and not give it up to the bank

[Sir Henry Morgan]

When a bank closes, everything freezes. Everything.

A loan is an agreement governed by the will and whim of the parties involved, just like a NAP, or a sale, etc.

No matter how many rules, regulations, leverage, collateral, hooks, anchors or ropes you tie to it, success of the loan contract depends upon the word, intentions and honor of the parties involved, be it real life, or here in Avonmora.