What is Credit?

Credit is a peer-to-pool lending platform that allows you to borrow money, repay loans, and build a stronger credit limit over time. Designed for fairness, accessibility, and transparency, Credit gives you the tools to access funds responsibly and grow your financial opportunities.

Your initial credit limit is based on your World account. You can request a loan within that limit and progressively increase it - up to 1,000 USDC - by consistently repaying on time. Initially, loan amounts offers can be up to 5 USDC (digital dollars). During the loan request, you choose both the repayment deadline (from 1 to 30 days) and the loan principal. Once you accept the terms, the loan amount is delivered to you in digital dollars (USDC) directly in your World wallet.

You can convert your digital dollars (USDC) into WLD tokens and offramp them as you normally would when withdrawing your WLD airdrops. Additionally, in supported regions such as Argentina, Colombia, Chile and The Philippines, you can convert your borrowed digital dollars (USDC) directly into local currency and receive the funds in your bank account. This requires completing KYC verification to comply with local regulations.

You can repay your loan using the assets available in your World wallet, either digital dollars (USDC) or WLD tokens. In some supported regions (such as Argentina and Chile), you can also repay using local currency. This additional method requires KYC (know your client) verification to comply with local regulations.

Your Credit progress improves as you use the service responsibly. The system considers factors such as your repayment history and on-time payments. As you maintain positive repayment behavior, you reach new levels that increase your credit limit and allow you to access higher loan amounts.

The process starts with small initial loan amounts and progresses as you demonstrate reliable repayment behavior.