Thread Title: Automatic loans Minecraft Name: Tails_Prower_24 Suggestion: I am suggesting a system that loans out money Reason: Having a system loan out money is much more secure than an accuall person loaning the money and not getting paid back. This way is also much easier ingame. Other Information: A month long cool down. Max loan is half of what is in your ballance and the system will not let you spend anymore money than what you need to pay back to ensure that the system will be payed back. You could choose a payment plan. This command: /eco loan [how much money] [payment plan per week or per day?] [How much you want to pay back every week/day] When that command is done.. then this: The system will tell you evertthing that was in the first command for example: "are you sure you want to take a loan of 10000 and have a per week payment plan of 5000 per week? This will take you ......... long to pay back Then do /confirm to complet the loan.
1. I don't believe the server should give out loans it should stay in the hands of players in the first place 2 if max loan is half ur balance then many loans are pointless. 3. What does it do if you don't pay back auto ban you? -1 from me.
It makes you pay back. It will take an amount of money from your account every day/week depending on how you set it up. It is half of your account for payback garentee. Another part if this payback garentee is that you cant spend the amount of money you have to pay back. so if you still need to pay back 2k, and you have 2k in your account, you cant spend it on anything until you get over 2k. Let there also be a minimum payback amount per day/week depending kn the loan you took. And also let there be a maximum amount of time to pay back the loan depending on the loan you took. And also a way to change the payment plans would be nice.
Okay... what happens if the players account does not have enough funds to be subtracted. I know negative balances are possible, but we don't want negative balances. There's a reason there's lots of economical problems around the world, big loans and big debt. Loans should be in the hands of the players, if you think it's not "safe" then don't borrow money or don't loan out money. There's many reasons why am I against this complaint. One may be because I do a lot of loans myself, but still have valid reasoning behind why this is a bad idea. This money would essentially be coming from "nowhere" just the server, adding more money to the economy temporarily.
