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Credit repayment

Credit repayment is the final transaction in the credit transactions scheme of WebMoney Transfer.

To repay the received credit the purchaser opens the transactions history of the C-purse

WM Keeper WinPro:

WM Keeper WebPro:

and selects one of the existing credits, clicks "Repay debt or pay in part...".

WM Keeper WinPro:

WM Keeper WebPro:

Then in the form which appears they specify the number of their Z-purse which will be used for credit repayment (by default the system selects the purse with the maximum amount of WMZ). Also in this form the purchaser specifies the amount to be repaid. On pressing the "Next" button, the specified amount of WMZ is transferred from the debtor's Z-purse to the creditor's Z-purse, while amounts in WMD and WMC in the D- and C-purses of members of the transaction are either nulified or decreased by the corresponding amount.

WM Keeper WinPro:

WM Keeper WebPro:

Credit can be repaid either in a lump sum or by any custom amounts. At the same time credit is considered repaid only when the credited purchaser has fully paid for the made purchase in WMZ title units.

If you fail to repay your debt within the term specified under the credit transaction, then the WM Keeper software used by you automatically changes. You will lose the possibility to make any transactions with title units in the WebMoney Transfer system with other system members, except transactions for exchanging your title units into WMZ title units via the WM Exchanger exchange service. At the same time WM Keeper starts automatically repaying your debts, it means that the system makes a one-time or step-by-step transfer of WMZ title units to the creditor in the amount of the debt.

See also: