Last updated: 12 December 2017
Cyber Credit is a world class financial hub for community members around the globe to build trust and credit to do business with each other. Cyber Credit believes the ideal state of any economy, whether big or small, is the balance between centralization and decentralization. Too much of one or another will cause inefficiency in the economy. Centralization brings orders but lacks of freedom while decentralization provides more freedom and chaos. Cyber Credit Bureau is created based upon this simple concept. In regards to decentralization, this platform will enable users to vouch and rate any community member for their behavior of any financial transactions they make, whether through our P2P lending program or direct purchases of goods and services with our merchant networks. In regards to centralization, Cyber Credit Bureau will have a sophisticated credit rating system in place to verify each of our members to help them build a trustworthy profile. Once all the necessities have been met, each member will have their own credit score and provided with a Cyber Credit Bureau Visa/Master card.
The Platform’s updates and upgrades
Your Cyber Credit account
When you register to use the Platform, you will provide us with your email address, and will choose a username and password for your account. You must ensure that the email address that you provide is, and remains, valid. You acknowledge that you are the only owner of the email address. You are solely responsible for maintaining the confidentiality and security of your username and password, and you will remain responsible for all use of your username and password, and all activity emanating from your account, whether or not such activity was authorized by you.
If your username or password is lost or stolen, or if you believe that your account has been accessed by unauthorized third parties, you are advised to notify Cyber Credit at the earliest possible opportunity.
No Solicitation or Advice
Neither this website nor any of its contents shall constitute a recommendation, solicitation or offer to buy or sell any securities, assets or other financial instruments or provide any investment advice or service. The information contained in the Website has been prepared without reference to any particular user's investment requirements or financial situation.
The information and services provided on the Website are not provided to, any person or entity in any jurisdiction where the provision or use thereof would be contrary to applicable laws, rules or regulations of any governmental authority.
You acknowledge that you are not relying on the Cyber Credit or any of its affiliates, or consultants in making an investment decision. Always consider seeking the advice of a qualified professional before making decisions regarding your business and/or investments. Cyber Credit does not endorse any investments and shall not be responsible in any way for any transactions you enter into with other members. You agree that the Cyber Credit and its affiliates, or consultants will not be liable for any loss or damages of any sort incurred as a result of any interactions between you and other Cyber Credit members.
Platform, account, and pricing changing
Cyber Credit reserves the right at any time and for any reason to suspend, discontinue, terminate or cease providing access to the Platform or any part thereof, temporarily or permanently, and whether in its entirety or with respect to individual territories only. In the case of any temporary or permanent suspension, discontinuation, termination or cessation of access, Cyber Credit shall use its reasonable endeavors to notify registered users of such decision in advance. Users also have the right to appeal the decision.
Cyber Credit may change the features of any type of account, may withdraw or, or introduce new features, products or types of account at any time and for any reason, and may change the interest rate from time to time.
Virtual currencies, such as Bitcoin (BTC) and Ethereum (ETH), might not be legalized and they yet to be backed by your government. Buying, selling, and exchanging coins and tokens (such as Bitcoin, and Cyber Credit Coin, Cyber Credit Token) might not be protected by law enforcement, financial institution, and government. You have to act on your own risk,
Transactions in virtual currencies such as Bitcoin and Ethereum are irreversible, and accidental transactions may not be recoverable. The volatility and unpredictability of the price of virtual currencies relative to the fiat currency may result in significant loss over a short periods of time. The Cyber Credit Coin and Cyber Credit Token are no different.
Cyber Credit try to maximize the revenue for members by optimizing our volatility software and trading bot. However, there is still small chance that we make a loss because of technical or algorithm issues.
Difficulties and and value of the crypto currency that we are mining are increasing over time. Mining is still showing profitable from time to time, however, there can be a sudden drop in asset value that we are holding.
In lending, interest, income, and benefit are calculated in USD, the most stable fiat currency, not any other crypto currency. Members agree that they cannot terminate the contract before the Capital Back schedule. The daily profit is calculated as daily-basis; we can estimate in a price range, not a guaranteed number.
Cyber Credit reserves the right to change to the lending interest, credit rating algorithm, and scoring system. Cyber Credit also reserves the right to apply new rules for lending.