Minecraft Name: Jacob43365 Suggestion: Make a rule to limit the amount of loans a user can make a contract for Reason: Let's say I take a loan for 150k payback. I can't pay this so I take a 150k loan with 200k payback. Then I can't pay this either so I take a 200k loan with 275k payback. Cycle goes on and on until I owe 8 people millions. It is unfair for people to fall into someone's else's debt hole because of their poor choices. I say we make a rule to set a limit on the ECD in loans that can be taken at once. Any Other Information: Nope Link To This Plugin/Is this a custom addition?: Add it to server rules.
No, this is a free market - It isn't the servers job to decide how much one can take up in a loan - Not to mention it'd be very difficult to enforce. (How do we exactly know how much they take up in loans?) When you lend other users money, be aware of the risks and be smart when lending - Don't lend to people with a numerous ban history related to loan scamming and such. Although I understand where you're coming from on this suggestion, this isn't feasible nor is it the server's job to regulate how much you can take in loans. -1
Jacob, I also understand where your heart is at with this suggestion, however, I have to agree with UnitedStates on the points he made. Our time would be better spent educating players to "be aware of the risks and be smart when lending" (US). Why any player, some very experienced on our server, decides to make loans to players that have constantly borrowed from others or are known for playing lotto is beyond my comprehension.
I agree too, the problem is people seem to not even try to look into the people the lend to and then get upset and mad when they get scammed. I guess they will have to learn the hard way though A mod can lock this.
