1 Topic by The Bank of Faldon

  • The Bank of Faldon
  • Financial Alchemist
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  • Registered: January 19th, 2016
  • Posts: 2

Topic: The Bank of Faldon

Hello, i'm the Chief Financial Officer for Faldon's Plague inc.

It is no surprise that the economy within Faldon has plummeted over the years, it wasn't until the reimplementation of Tinker that Faldon finally started to climb out the chaotic financial struggle created by GMs.

Unfortunately, the economy in Faldon has plateaued, and as a direct result, top executive leadership within Faldon's Plague decided that the best way to jump start the economy would be through private banking.

Faldon's Plague (Inc.) is proud to announce that the creation and implementation of private banking has officially been established within Faldon!

We make your realities possibilities through our innovative and flexible financing options. Regardless of your standing with Faldon's Plague, you can rest easily knowing that the Bank of Faldon will cover your monetary inabilities. One day loans start as low as 50k GP to as high as 500k coupled with and in addition to upfront collateral equaling no more than three times the amount of the gold pieces loan.

Example, | MAXIMUS | wishes to purchase an SB, however Maximus has a problem, he doesn't have GP. Knowing that the Bank of Faldon loans gp at reasonable rates, Maximus decides to enter into a contractual agreement with terms as follows: the borrowing of two million gp for a period of time not exceeding fourteen business days, requires an immediate downpayment of collateral that equals 6million gp worth of items, furthermore, upon pick up, Maximus agrees to pay a financing charge of 500k gp (25%), plus the principal which he owes (2 million gp) for a grand total of 2.5mil gp. Once his principal and finance charges are paid, he will take possession of his deposited collateral. The Bank of Faldon is happy, and so is Maximus, either way, the Bank of Faldon is losing gp and Maximus is a winner.

Last edited by The Bank of Faldon (January 19th, 2016 2:13 AM)

2 Reply by Mumblee

  • Mumblee
  • Moderator
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  • Registered: June 16th, 2003
  • Posts: 546

Re: The Bank of Faldon

I love this whole concept, even though it's super shady sounding, and you guys are clearly gonna rip everyone off.  It's good to see that, even in the absence of ongoing development, people are still having fun with the metagame.

3 Reply by FP's Official Publicist

  • FP's Official Publicist
  • Ignite in disguise
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  • From: Florida
  • Registered: April 2nd, 2011
  • Posts: 39

Re: The Bank of Faldon

Mumblee wrote:

I love this whole concept, even though it's super shady sounding, and you guys are clearly gonna rip everyone off.  It's good to see that, even in the absence of ongoing development, people are still having fun with the metagame.

Faldons Plague has yet to be implicated in any scam or other alleged misconduct, thank you so much for your time and response. Make sure you login to take advantage of our new year promotion, for all questions or concerns, please contact my secretary: Skyner. Thank you.

"Defending F.P. members and all associated allies since 2001."