Credit Score
Summary
Every citizen with a qualifying loan balance has a credit score from 0 to 200. Your score affects loan fees and borrowing eligibility. It is evaluated once per repayment period (default: 7 days).
1. Score Scale
| Score Range | Label | Loan Fee Impact |
|---|---|---|
| 171 – 200 | Excellent | 0.5× – 0.65× (up to 50% discount) |
| 131 – 170 | Very Good | 0.65× – 0.85× |
| 101 – 130 | Good | 0.85× – 1.0× |
| 100 | Neutral | 1.0× (baseline) |
| 71 – 99 | Fair | 1.0× – 1.3× |
| 41 – 70 | Poor | 1.3× – 1.6× |
| 0 – 40 | Very Poor | 1.6× – 2.0× (doubled fees) |
2. How Scores Change
Credit scores are evaluated once per repayment period (default: 7 days). Each evaluation checks whether you met your minimum repayment obligation:
| Condition | Score Change |
|---|---|
| Obligations met (repaid ≥ 10% of balance) | +10 |
| Obligations exceeded (repaid ≥ 200% of required) | +15 |
| Obligations missed (NPL) | −30 |
Missing one payment costs −30 points. Recovering takes 3 successful evaluations (+10 each). Good credit takes sustained effort to build, but can be destroyed quickly by negligence.
3. Credit Utilisation
In addition to repayment behaviour, your loan utilisation ratio can trigger penalties:
| Utilisation | Penalty |
|---|---|
| > 70% of max loan | −5 per period |
| > 90% of max loan | −10 per period |
4. Non-Performing Loans (NPL)
A loan is classified as non-performing when:
- The loan balance is ≥ $500,000 (the NPL threshold)
- Repayments in the last 7 days are below 10% of the outstanding balance
| Parameter | Default Value |
|---|---|
| Minimum balance for NPL | $500,000 |
| Repayment period | 7 days |
| Minimum repayment rate | 10% of balance |
NPL status triggers a −30 credit score penalty per evaluation and may limit access to future loans.