Page 1 of 2
Pay Day Loan anyone ... ?
Posted: Mon Oct 06, 2014 5:25 pm
by Nemetos
Wow ...
I just smashed my ship to bits ... full cargo load. Not enough for Insurance - school boy error I know ... but a risk I though worth taking.
The air turned blue ! ! !
After resigning to the fact Id be going back to a Sidey, I was greeted with this !!
10% of profit gained goes to paying off the loan.
Life saver... phew.
Re: Pay Day Loan anyone ... ?
Posted: Mon Oct 06, 2014 6:11 pm
by Vikinger
So that's how the insurance loan works. Ive been wondering about this as I saw from the patch notes they had added it
Thanks for sharing
Re: Pay Day Loan anyone ... ?
Posted: Tue Oct 07, 2014 2:22 am
by Shelleen
Heh, heh! That'll learn ya.
Good to see that total loss has been dealt with though as that one error used to be a pretty dramatic way of getting back in the beloved Sidey!
Re: Pay Day Loan anyone ... ?
Posted: Tue Oct 07, 2014 9:45 am
by Brixmis
Unfortunately, I can't read it!
I'm sure I'll find out when I trash my boat
Re: Pay Day Loan anyone ... ?
Posted: Tue Oct 07, 2014 10:12 am
by Nemetos
Brixmis wrote:Unfortunately, I can't read it!
Yeah .. It is a bit too small to read. lol
Basically, the loan covers the total cost of replacing your ship, with a full equiptment loadout. Plus 1000 cash. Cobra was 22 000.
Max loan available is 200 000 cr .
Isw automatically deducted when you make a profit.
I cant find anywhere, where it tells you how much left to pay off. Oh well.
Re: Pay Day Loan anyone ... ?
Posted: Tue Oct 07, 2014 10:21 am
by GlobusDiablo
Nemetos wrote:...I cant find anywhere, where it tells you how much left to pay off. Oh well.
Well, with interest, and the interest on interest, I think you're in it for the looong haul...
Re: Pay Day Loan anyone ... ?
Posted: Tue Oct 07, 2014 11:58 am
by Nemetos
GlobusDiablo wrote:Nemetos wrote:...I cant find anywhere, where it tells you how much left to pay off. Oh well.
Well, with interest, and the interest on interest, I think you're in it for the looong haul...
As long as the creditor is not the baby eating Bishop, of Bath and Wells ... then, maybe this time next year, I should be in the clear !! Wooo Hoo !
However, my cunning plan, is to wave the debt goodbye when the next wipe comes !
Hurrah !
Re: Pay Day Loan anyone ... ?
Posted: Tue Oct 07, 2014 12:12 pm
by GlobusDiablo
Nemetos wrote:......baby eating Bishop, of Bath and Wells ...
I'll have to look that one up.
Re: Pay Day Loan anyone ... ?
Posted: Tue Oct 07, 2014 12:17 pm
by GlobusDiablo
Crikey....
Re: Pay Day Loan anyone ... ?
Posted: Tue Oct 07, 2014 1:43 pm
by Brixmis
So did this get offered you as soon as you started sans ship (or as soon as you lost the 'old' one)?
Not bad, if so. At least you get the choice. I've been wondering how the insurance works. Do I have to choose the option, or is it offered at some stage?
It often gets mentioned in tutes and guides but the process is never actually explained.