However I can't seem to find information on what/how the group reputations (i.e. Merchants, Peasants, Scholars, Nobles, Underworld) work
1.) As far as I can tell the only ways to change these reputations is at character creation, or through a character editor. There seems to be no quests that change these reputations, and these seem to be the only reputations that don't move one point closer to zero every month. Are these statements correct?
2.) How do these reputations exactly work? Is there some NPC reaction formula such as
NPC Reaction=C1*PER+C2*(None, Etiquette, Streetwise, or Mercantile)+C3*Group Reputation+C4*Faction Reputation+C5*LUC+C6*Random Number