Enforce not using F&F for loans;Refund and F&F Payback on loans

[Corey B]

Re-made the thread due to a confusing idea and standpoint in the last one. My apologies.

We all know most scams happen with F&F on Paypal and Paypal does not believe in scamming and that the system is abused. I have an idea and I'm looking for feedback and suggestions before bringing it to staff.

Idea re-edited: Basically, any loan made to the user would have to be G&S. The person paying back the money must use F&F. Now you probably think there are some sort of problems to this idea... Allow me to explain thoroughly:

A user wants to loan another user money for a project. There are 2 problems that come to mind; The investor charging back after being paid and the investor being scammed after the loan is given. There is a way to solve this simply and allow both sides to be happy. There are also consequences to those you decide not to do this.

Solution: The user can loan the money using G&S, then when the time comes the user would refund the G&S payment and pay the ROI in F&F. Now if the payback user chose to chargeback after, a scam report can be made to ban them. Otherwise, both sides would be happy as the loaner cannot chargeback the payment since the loan was refunded, and the user who pays back doesn't have to worry.

Scam Reports would be denied instantly if a user pays with F&F and then scams.

Thoughts?

*Edit: Thread more detailed and re-created.

 

[XerisAU]

And why is McM responsible for what payment types are being used? If a user decides to use F&F, so be it.

 

[Corey B]

And why is McM responsible for what payment types are being used? If a user decides to use F&F, so be it.

It isn't that they can't, but if they get scammed then MCM will not be responsible if they use F&F. Especially when it's for "business". Users would rather use G&S knowing they are protected, along with the other person accepting loans being protected. It's a win-win. If they were to scam the G&S payment, someone would help legally as well to get it back.

 

[XerisAU]

McM is like Gumtree (you guys have that right?)

Your not buying things from the site, you are merely providing a place for others to sell. You can't really "ban" any payment method. That would be like the police not enforcing something because they said it was banned. Murdering is technically banned, they still enforce it.

 

[Corey B]

McM is like Gumtree (you guys have that right?)

Your not buying things from the site, you are merely providing a place for others to sell. You can't really "ban" any payment method. That would be like the police not enforcing something because they said it was banned. Murdering is technically banned, they still enforce it.

Then what about enforcing it? As in make a rule and restriction and as said above: If the user decides to use F&F, scam reports won't support it. They can take the risk if they want. Technically you aren't supposed to use F&F for business anyways. It isn't called Friends and Family because they got bored.

 

[Corey B]

Same opinion as before:

Deals are at your own risk, especially investments.

LOANS. Read the thread -_-

THIS HAS NOTHING TO DO WITH INVESTMENTS AS IT DOESN'T BENEFIT IT.

 

[Corey B]

Loans, investments, etc.
I know what the thread says. It's the same idea as prior.

If you want to send it as F&F, that's you throwing your money away.
People should know when to back away from a deal.

If not, tough love helps 'em learn.

No. The idea is the stop the scam by helping them. IF they choose to oppose it and do whatever and they get scammed by not following the safe way, then they wouldn't have support from MCM. Simple.

 

[Corey B]

What is your reasoning that scamming will decrease if this is implemented?

Scamming with loans? Easy. If you read the way it works, it's safe on both sides and scamming cannot occur unless they scam the ROI. The user can get support here if they need help winning a G&S payment. I just have the general idea and I'm going to process it a bit more since this can help the second biggest section of MCM.

 

[Corey B]

Senior Pablo Seb1 Tofty Justify your reason for disagreeing.

Or don't pay at all..?
That's still a scam, right?

Yes. I didn't say it could stop it completely. Scamming can never be stopped completely. But it can help/reduce scams immensely.

 

[Ac3dUd3]

From how i see it and how you explained If im going to invest in an idea i would use G&S anyway. If the person im investing does not like it then they dont get my investment.
If they insist on F&F then you know something is up. Anyone legit and needing the investment money will work on the INVESTORS terms. not the other way around.

I see the same issue with people selling a service on here and you ask how much and they say offer me a price. Um, no, thats NOT how it works you greedy shit. If you offer a service you state your price and its my choice if i want to purchase. thats how the business world works

 

[Ajdin]

I think the form of payment should be up to the users to decide. I feel like adding a restriction to it would make a lot of scam reports invalid even if it's not related to the form of payment.

Whatever rule you setup, people will go against it anyways.

More unnecessary rules equals more of a unnecessary mess.