You just described my system perfectly, so yeah, I probably would like yours quite a bit,Man I think you would really like my TTRPG WIP...
although, the base of our system for favor/rep is that you can earn, owe, and call in, favors as essentially treasure, and build relations with Contacts over time, including spending downtime to strengthen relationships, gaining contacts who can provide favors pro bono every so often, as long as you use them sparingly (ie, 1 time between extended rests/downtime), and don’t betray them of blow them off when they need you in turn.