Mind Mastery

There is a waiting period of one month before you can apply for a loan.

You can only apply for one loan at a time. You cannot apply for a new loan if the previous loan has not yet been repaid.

Repayments are made by automatically deducting 10% from all incoming transactions at the point of entering your account. Essentially, repayments are made daily, per transaction.

This will mean the 10% bonus of of all spending and earning will be less. This is extra incentive to repay your loan to take full advantage of the 10% transaction bonus. 

If you have a loan of less than 50,000 credits and no repayments have been made within one month, then 10% of your accounts balance will be automatically deducted. You will also not be able to send payments, only receive them. As soon as a new payment comes through, the sending ability becomes activated again and the standard 10% deduction from all income re-initiates.

If you have a loan over 50,000 credits and a repayment has not been made within one month, then 10% of your accounts balance will be automatically deducted and 10% from your guarantors account. You will also not be able to send payments, only receive them. The same is applicable for your guarantor. As soon as a new payment comes through to your account, the sending ability becomes activated for you and your guarantor again and the standard 10% deduction from all your income re-initiates.

If no repayments are made for one more month, then the system attempts another 10% deduction of the total account balance. This continues until either the loan has been repaid or an incoming transaction reactivates the accounts ability to send credits.

The minimum amount for the incoming transaction to reactivate your account is 1 credit.

10% automatic income deductions per transaction continue until the loan has been re-paid in full.

There is no interest on the loan.

You only repay what you borrowed.

When you agree to borrow Freedom Credits, you are agreeing to live your life according to The 7 Lores Of Morality.

1. Treat others as you wish to be treated

2. Create no loss

3. Create no harm

4. Be honest and ethical in your dealings

5. Maintain the peace

6. Respect the rights of others

7. Know and do what is right

All and any use of Freedom Credits must be in alignment with the Lore.

If you are found to be violating the Lore, we may process a case against you in an independent arbitration system, which you would be invited to attend, online or in person.

If the arbitrators find you responsible for violating the Lore, we may close your account. You may not be able to open a new account.

These terms and conditions may change at any time.