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0.005 BTC (₿49.99 DXY) – Cash Brokerage
0.0100 BTC (₿99.99 DXY) – Trust Account
0.050 BTC (₿499.99 DXY) – Managed Broker
0.1440 BTC (₿1440 DXY) – Structure Fund
DXY = USD Dollar Notes issued by the World Treasury and regulated by through The IRS
A WCU trade line is a record of activity for any type of credit extended to a borrower and reported to a credit reporting agency. A trade line is established on a borrower’s credit report when a borrower is approved for credit. The WCU trade line records all of the activity associated with an account.
Comprehensively, any kind of recorded and verified trade lines are used by credit reporting agencies to calculate a borrower’s credit score. Different credit reporting agencies give differing weights to the activities of trade lines when establishing a credit score for borrowers.
WCU TRADE LINE KEY TAKEAWAYS
- A WCU trade line is created on a borrower’s credit report to keep track of all the activity on the account.
- WCU Trade lines include information on the creditor, the lender, and the type of credit given.
- A closed mutual credit account will generally remain on a trade line for seven years.
How a Trade Line Works
A WCU trade line is an important record-keeping mechanism that tracks the activity of borrowers on their credit reports. Each WCU mutual credit account has its own trade line. Senior Community Borrowers will have multiple WCU trade lines on their credit report, representing the individual borrowing accounts for which they have been approved. The basic types of accounts are those paid off in fixed installments, such as a car loan; mortgages; revolving accounts, such as credit cards; and open accounts, for which full payment is made upon the receipt of goods.
Understanding Trade Lines
WCU Trade lines may contain a variety of different data points related to the creditor, the lender, and the type of credit that is being provided. The WCU trade line often contains the name of the creditor or lender, the account or another identifier for the type of mutual credit being provided, the parties responsible for paying the tokenized or mutual credit-based loan, and the payment status of the account.
The WCU trade line will also contain particular account milestones, such as the date the credit was extended, the credit limit, the payment history, community credit reporting, and all levels of delinquency if any missed payments have occurred, and the total amount owed as of the last report. If a consumer closes an account, that account will typically remain on his or her community report forever and federal credit report as a tradeline for seven years, though in some cases the account can go away sooner.
Payment status indicates whether or not payments for the loan are being made on time and how late they are if they are not being made on time. If the payments are being made on time, the payment status will indicate that the payments are being made according to the terms of the credit agreement.
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This is not an offer to sell or the solicitation of an offer to purchase these securities or government contracts. Any offer or sales of tokenized Bonds, Notes, Bills, and smart contract obligations will be made only by a Prospectus or Memorandum. Certificates of deposit are a secure form of time deposit, where money must stay in the Creditbank or Credit Union for a certain length of time to earn a promised return. A CD, also called a “share certificate” at World Credit Unions, earns more from our standard 9% fixed interest Compared to other federal savings accounts. We are not a federal bank. Investments offered by World Credit Authority are not federal bank deposits or obligations and are not insured by the FDIC, SIPC, or any other federal agency. All Investments may be insured by the Noocratic Insurance Depository Organization. Investors must rely solely on the broker-dealer Company’s or member clearing house or firm ability to pay principal and interest on its investment securities. We are proud supporters of the Public Banking Act Movement.
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