Borrowing Money from the Bank | Maf: Starfleet Battles
This story was written with the assistance of an AI writing program.
Borrowing Money from the Bank — Procedures
In the game, any player character (PC) has the option to borrow money from the World Bank or other banks that offer loans.
The World Bank, specifically, serves as the in-game bank. Here, we’ll explore the steps involved in borrowing money from the bank and how to repay your loan.
Standing, in this context, represents your relationship with different characters, non-playable characters (NPCs), or entities within the game, and here, it pertains to your relationship with the bank.
Initially, all characters start with a Standing of 0.0, (Neutral).
Your Standing with an entity can increase as you complete Missions, Assignments, or Contracts on behalf of that entity such as Corporations, Players, or NPCs.
The increment in your Standing can range from 0.01 to 0.1, and a higher positive Standing is considered favorable, while a negative Standing (-0.01 through -10.0 or greater) is unfavorable.
When you opt for a loan from a bank, your Standing with that particular bank will increase by 0.01. Additionally, each time you make a payment towards your loan, your Standing will also increase by 0.01.
The significance of your Standing with the World Bank lies in its influence on your borrowing capacity and the interest rate applied to your loan.
A higher Standing with the World Bank enables you to borrow more money while enjoying a reduced interest rate on the loan.
To apply for a loan, either click on “Loans” on the Market page or search “World Bank,” or the name of any bank providing loans, and click on the name.
Complete the application and submit it to the bank.
You may need to wait some time until your application is received and reviewed by the bank.
When the full game is released, applications submitted to World Bank will be approved instantly and the funds transferred immediately to your account for all Standings of 0.0 or higher.
When your loan is approved, the requested amount of funds will be immediately direct deposited to your Character’s account.
When you click on your Wallet, the Funds Available will have increased by the amount of your loan.
You can spend any of the funds in your account in any amount, up to the amount of Funds Available, for any purpose in the game.
Repayments
Loan repayments are deducted automatically from your Character’s account, approximately once each month in game-time.
Interest payments are made by the player (not the Character) on a weekly basis in “real-time,” not game time, to an account designated by the lender.
