Selling Loans
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Selling Loans
by Grimrock Litless » Sat Apr 28, 2018 4:53 pm
Banker can sell loans to another banker at a value set by the seller. 1% tax.
"Got ya."
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Grimrock Litless - Posts: 2591
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Re: Selling Loans
by Banger » Sat Apr 28, 2018 5:14 pm
Interesting idea but not sure it's necessary or appropriate for this game.
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Banger - Posts: 1166
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Re: Selling Loans
by Charles Vane » Sat Apr 28, 2018 6:39 pm
Why?
It was very common practice for Bankers to purchase debt from another creditor at a reduced price if the current creditor did not have the capital to wait for the long term return on investment.
+1 from me.
It was also mentioned bankers could one day buy nation debt for collection.
It was very common practice for Bankers to purchase debt from another creditor at a reduced price if the current creditor did not have the capital to wait for the long term return on investment.
+1 from me.
It was also mentioned bankers could one day buy nation debt for collection.
"Not all treasure is silver and gold mate."
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Charles Vane - Players Dev Team Member
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Re: Selling Loans
by Sebena » Sat Apr 28, 2018 6:42 pm
It's ok suggestion if it doesn't take too much time and doesn't mess with loan insurance
“The reasonable man adapts himself to the world: the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.”
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Sebena - Posts: 1697
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Re: Selling Loans
by PhoenixKnight » Sat Apr 28, 2018 6:46 pm
Banger wrote:Interesting idea but not sure it's necessary or appropriate for this game.
I think our most recent retiree is not retired.he still qualifies for Medicare
Phoenix Knight
Dragon of the desert and the two seas
Dragon of the desert and the two seas
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Re: Selling Loans
by Banger » Sat Apr 28, 2018 7:48 pm
Sir Edward Pellew wrote:Why?
It was very common practice for Bankers to purchase debt from another creditor at a reduced price if the current creditor did not have the capital to wait for the long term return on investment.
+1 from me.
It was also mentioned bankers could one day buy nation debt for collection.
I agree it was common practice I just don't know how wide they want to take the game. Tis a pirate game after all, not Bankers Glory.
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Banger - Posts: 1166
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Re: Selling Loans
by Charles Vane » Sat Apr 28, 2018 8:48 pm
Yes there are pirates.. and bankers, merchants, Kings/Queens, nobles, guilds, nations, ports, resources, soon plantations. It's much more of an economical simulation of an old world and the Admins suggestions and list of updates only supports this. Just because the name has "Pirates" in it does not mean that's all it is.
"Not all treasure is silver and gold mate."
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Charles Vane - Players Dev Team Member
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Re: Selling Loans
by Admiral Nelson » Sat Apr 28, 2018 9:10 pm
Sir Edward Pellew wrote:Yes there are pirates.. and bankers, merchants, Kings/Queens, nobles, guilds, nations, ports, resources, soon plantations. It's much more of an economical simulation of an old world and the Admins suggestions and list of updates only supports this. Just because the name has "Pirates" in it does not mean that's all it is.
Yes however; I believe the pirate side has been neglected for a while.
I could be mistaken, again I have not been too active. But I have not heard of anything 'amazing' happening for Pirates as of recent... Hell we still waiting for the flagship... Could be argued that, got to make the majority happy. I suppose.
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Grimrock Litless - Posts: 2591
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