Pink Poogle Toy Forum

Will this be a good idea? having loans?
Well there are lots of statements for th negative side bit as for the positive there might be a few good ideas!
Post your ideas here!

Hmm... You should only be able to get loans if youve been there for more than a year xD But that would suck if you had to start over. Oh well xD

There should be a maximum of somesort. Like 500k, 0r 1mill or something x3

I think its a good idea myself. but then again, people will be like WEEEEE and use it to take advantage. They should have some sort of 'if you dont pay anything back -number here-nps in a month, something bad happens!1!1' xD

People would simply make a loan, and never pay it back - there's no real consequence TNT could make other than forcing you to pay back the NP. And they can't really do anything about it, other than like freezing your account or something. But with that, people would transfer NP in loans to a different account, freeze the one with the loan and still have the NP on another, debt-free account.

Simply put - It would be abused.

We'll, if you dont pay it back in time then the tax beast comes after you and takes away double the amount of your loan. Then you could be left with negative neopoints and be forced to make money back.

Of course problems could be that people would use this to unfair advantages, like borrow money, transfer it to another account (slowly so its not noticable), then discard the account. So its not really feasable for neopets to do.

Unfortunately, this is a good idea that can be abused very easily.
Blah, imo side-accounts should be forbidden, they're such a huge gate for cheaters (and they make the whole idea of "don't search the wiz when you're on a faerie quest" really useless, too).

Woo! Let's put more free money into the site to inflate PBs, codestones, and every other item some more!

I guess you'd consider that a negative.

Not to mention the horrible side effects this would cause on the economy. In the end it just comes down to earning the neopoints the old fashion way with games, restocking, dailies, and all that good stuff

You could fix the loan abuse by....

Having every account frozen that was in contact with you, during the time you had the loan.

That would be so mean, though!

And how can TNT decide if two accounts belong to the same person or, say, someone and their sibling? What about public computers? And if I had access to two computers and created two accounts, how could they stop me?

Nah, loans would just bring down the economy.

In real life, banks can do loans because there are punishments for not paying up.

In Neopia, I really doubt anyone cares so much about having their account frozen or their *fake* pets and items taken away as punishment. It's just a game, and no matter what you think right now, it's not as if you're going to play this for the rest of your life. I imagine some people would try to cheat if they could have loans, but there are also a lot who would just use it to buy cool stuff, show off their painted pets or awesome gallery or whatever, and then not care if they got frozen. And how would this affect inflation?

Maybe you could get a loan, leaving items as guarantee...

700k loan, guarantee a Ramtors Spell Book
400k loan, guarantee a mootix
20k Loan, guarantee a Secret Map Lab

or something like that...

well, dont search the wiz doesnt really mean much, considering neopets has a whole chatboards section dedicated to quests.

From my knowledge, They mulled over the thought of having a loan place back in the day, but it was scratched because of all the negative things (mostly already listed on the thread already) associated with the idea.

Loans between members on the site would be easily manipulated and convulted into a scamming system, and thats why they wouldn't allow that.

I can say with pretty good reason that we wont be seeing Neoloans anytime soon.

Yes but maybe there should be different levels for different ages, say for example you were a newbie you could only get a loan maximum at 10k then after 3 days you could get a maximum of 20k?
That could be a good idea!

Although that would be a way of seperating the rates of borrowing, it would inflate the economy. What happens when everyone takes out a loan of 20k?