Player Features and Ideas Discussion

Bring back loan contracts, but with a collateral object. If the person dosnt pay back the isk they borrowed, the lender gets the item that was placed as collateral. There should be an interest option to make it worth while for the lender.

Ya this is kind of redundant and like said above doesn't make much sense. Someone could just sell the item.

loan contracts used to exist but had no way of securing payment.
it was no better then someone asking you to borrow isk and then disappearing with it, so it was removed instead of finding someone to fix the problem.
Past the sell of an item, about everything you see dealing with isk, ie; someone setting up a so-called bank, gambling site, or people asking for loans is just an isk doubler in disguise.

when someone buys isk and ccp catches it, they take the isk times 2 from the buyer.
why cant the loan take an agreed upon amount or an interest amount from the wallet of the corp/individual doing the loan, ofcourse I can see someone using 100% taxes on their 1 man corp to get around the payments but I could also see a way with the loaner still getting their money buy the loanee being put into a negative balance and a mechanic that wont allow someone to ditch corp with a negative balance and also a limit on the number of loans one can take

yes but most of the time the collateral wont equal that's needed in the loan because if you had a ship you weren't flying anyways that was 1b and you needed 1b than why need a loan when you can sell what you weren't flying.

how ever you need 2b and put up a 1b ship collateral and you don't pay then you get 1an extra 1b free or how ever much the loan was more then collateral you put up.

I don't even see banks in rl that is that stupid when they want collateral for a loan, for a small loan they usually want something very pricey that they know if you don't pay you lose out more then you took.

if the collateral issue isn't addressed, it will just be another scam from hell that people will want removed again.

so either your
1 not serious about a working system
or
2 someone that wants to take loans, not repay them and the loaner loses out due to scaming

Im not sure you read the examples. If you have something expensive like a tourny ship, t2 BPOs, or a number of collectors items that you dont want to sell like leopards, you arnt going to want to sell these items. For example, lets say i invested in geckos when they where 10m each. The value is still going up, and i dont want to sell these but i am flat broke. I could use a number of them as collateral to borrow money to buy a ship to make isk. I could then pay the money back, plus a little intrest, and not have to sell the geckos and re buy them for a higher price.

Your argument does not address the renting idea. The situation that you described is not one where you would take a loan out.



1. I would not waste my time makeing a post if i was not serious
and
2. If the collateral is not high enough, the loaner does not accept the contract. Its that simple.

Not everybody wants to play big alliance blob pvp online. Im not new, and you can check my contract history in game if you think i am an isk scammer. At the very worst lending contracts would be only as easy to scam with as the existing contracts.

Ehh... This idea doesn't sound that bad. It wouldn't be hard to make such a contract system either.

There are other situations where the contract would be useful for the average eve player. The t2 bpo was just an example to help demonstrate that situations where the contract would be useful exists.

The intrest value does not need to be that high. Players lending money would have to make there interest rates competitive with both the market and other players.

There are also times the player could lend a ship for an isk collateral when a player does not want to invest in an expensive ship. In that type of situation, the interest would be deducted from the isk collateral that is returned.

Basically, the interest would have to be lower than the tax/fee rates on the market because otherwise I can sell the item on the market and get a better value.

I lend out a ship for, let's say, 50% of the value to another player because they don't want to invest in an expensive ship and the go on and lose that ship. How is that going to pay out for the lender? How is that any different from a normal Item Exchange contract?