Huge gratz bro! acquiring the bank
I am very glad that you have accomplished one of your dream goals lot of good things will be happening in Twin Bank
Gz on having a bank!
For all you complainers there who say 50% is high interest rate... think for a moment.
90% (if not more) of items are losing value over time ingame, in real life most collaterals dont lose that much value over time.
50% is cheap loan i guess, as i use bank services quite often (ingame).
Example: someone lists 9000ped worth of unrefined stones on auction, i dont have free peds, i pawn few things, buy the ore, refine, sell, and pay back the loan (1 day later). So i have to pay 12ped extra for 9000ped loan to make probably 200peds profit.
There are many cases where you need fast peds to either make money or to avoid losing money (you need to buy esi to chip out some skill that is dropping in price etc).
50% interest rate for economy so unstable is very good interest rate.
For the OP , Twin peaks bank is the best location bank, you could think about renting out spots for others to place their shopkeepers (for example they pay you 2k a month to have their shopkeeper with their stuff standing near the exit (as it is clearly more accessable for clients than any other shopkeeper ingame) Only downside is that you have to fill those shopkeepers yourself (as you are the owner of the estate), anyways something to think about.
A pawn shop in germany for example for cars, if your car is worth 4 K Euro you will get 2500 Euro loan on it max, you pay for this service:
1 % interests per month
+ like 3 Euro parking fee per day
+ some more fees
= like 200 Euro costs for your loan/month = close to 100 percent per year
and people still use it, ofc usually not for long times
Congratulation on fulfilling your dream!
I would not like to run banking business to be honest, mostly you profit from stupid people going broke
50% is a ripoff of course, but it's the way it is right now, and if there are stupid people out there to pay it, then let it be
Very nice to this bank up and operational again!! Gratz on the purchase!
Gratz on ur achivment m8 and good luck with it
Congratulations on this new bank! Will be great to see the Twin Packs Bank active!
Since banks haven't been used all that much in the years that I have been in EU, can you please update us on what exactly you are able to do with the bank and more what features MA has given banks? Will you be working on a trust loan or has MA setup a system where you are able to loan out items as item deeds?
Gratz on the new bank, Div! It'll be nice to see some added action at Twin Peaks and I know you will do well with your plans. Now I think I'll contact you about a certain pair of gloves I need sold........
I see the banks and the shops and the real estate (although not a lot of problems with them) as works in progress for the game. They have SOOOOO much potential but I have faith that they will develop properly over the long run for this game.
very simple fixes could be added currently to banks and shops to make them more user friendly for the customers and owners of the bank and thereby increase the real world value of the assets in the game and create more revenue for MA by selling these similar types of assets in the future.
Well, that was fun.
Anyway....
So was my DAR the first consignment item to sell?
Would there be any prequalification requirements to getting a loan? Something tells me some might not be mature enough to do this!
Congrats on your purchase Good luck. I remember Twin Peaks from 2006. It sure was busy there. Best place to buy low and sell high!
Hey Div, is there any chance the Bank could be used as an intermediary to loaning items to people.
Say I have an event DPS gun and I want to loan it to people, but I don't want to manage the whole loaning process, so the Bank can loan it for me and provide the collateral, and we can split the rent money 50% - 50%.
Just an idea
I missed this thread! I need to rent a spot please. Miau >.,.<
I missed this thread! I need to rent a spot please. Miau >.,.<
Careful Div, the last time she "rented a spot" Kity and her friends left beer bottles and food everywhere. It was a disaster.
Special Announcement : I am very glad to announce that "Aurora Linzey Zamperath" is now partnered in the Twin Peaks Bank.
Well guess that depends on who are the "friends" she brings along with i guess
Certainly they would all be beautiful disasters, just like me
The perfect bank at the perfect spot, and the perfect guy to run it!
Congrats!
"At its core, banking is not simply about profit, but about personal relationships." Felix Rohatyn