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Credit repayment is the final transaction of credit transactions scheme of WebMoney Transfer.
To repay the received credit the purchaser opens transactions history of C-purse and selects one of the existing credits, clicks “Repay credit”. Then in the appeared form he/she specifies the number of his/her Z-purse, which will be used for credit repayment (by default system selects the purse with maximum amount of WMZ). Also, in this form the purchaser specifies the amount to be repaid (by default the full amount of credit, if the creditor does not have it, then the amount of all available WMZ in the purse). On pressing the “Transfer” button, the specified amount of WMZ is transferred from debtor’s Z-purse to creditor’s Z-purse, while amounts in WMD and WMC on D- and C-purses of members of the transaction are either zeroed or decreased by the corresponding amount. A credit can be repaid either in lump sum or by any custom amounts. At the same time a credit is considered repaid only in the case if the credited purchaser has fully paid for the made purchase by WMZ title units.
If you fail to repay your debt within the term specified under the credit transaction, the logic of functioning of WM Keeper software used by you automatically changes. In accordance with it, you loose the possibility to make any transactions with title units in 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 one-time or step-by-step transfer of WMZ title units to the creditor in the amount of the debt.
See also:
Category: Credits
This article in other languages: Русский