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Credit Terms
Review and accept the terms to activate your credit line
Red Dinar Repayment
- 14-Day Early Repayment: 12% credit increase
- 30-Day Normal Repayment: 10% credit increase
- 1:1 repayment ratio
- Zero interest charges
- Earn RDN through services
Red Dollar Repayment
- 14-Day Early Repayment: 30% credit increase
- 30-Day Normal Repayment: 25% credit increase
- 0.85 R$ : 1 RDN ratio
- Repay as 850 R$
- Flexible payment options
⚠️ Critical Notice - One Chance Policy
- Single Opportunity: You get ONE chance at credit. Multiple accounts are impossible due to our biometric authentication system.
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Default Consequences:
- Account frozen after 30 days of non-payment
- Permanent blacklisting - no second chances
- Other users will see warning labels when trading with defaulted accounts
- Biometric data prevents creation of new accounts
- Growth Potential: Maintain good standing and your credit limit has no ceiling - the sky is the limit!
Platform Credit Agreement
Last Updated: 11/21/2024
Governed by UAE Law
1. DEFINITIONS
"Platform" refers to Redrolf's technology infrastructure and marketplace services.
"Partners" refers to regulated entities including Circle Internet Financial ("Circle"), a SEC-registered and regulated entity that handles all USD-denominated transactions.
"Red Dollars" refers to the interface representation of USDC stablecoins held by our regulated partners.
"Red Dinars" refers to internal platform credits used exclusively for service exchange within the Platform ecosystem.
2. PLATFORM NATURE
User explicitly acknowledges that:
- Platform is a technology service marketplace only
- All monetary transactions are processed by regulated partners
- Platform does not hold, custody, or control user funds
- Platform provides technological interface services only
3. REGULATED PARTNERS
User understands that:
- Circle (SEC-regulated) handles all USD transactions
- USDC stablecoins are held by regulated custodians
- Platform has no access to or control over user funds
- All monetary transactions occur through regulated entities
4. PLATFORM CREDITS
User acknowledges that:
- Red Dinars are internal platform credits only
- Not securities, financial instruments, or investments
- No monetary value outside Platform
- Used exclusively for service exchange
5. MARKETPLACE SERVICES
Platform provides:
- Technology infrastructure
- Service provider connections
- User interface tools
- Marketplace facilitation
6. RISK ACKNOWLEDGMENT
User understands:
- Platform is not a financial service provider
- No investment advice provided
- No financial recommendations made
- Service exchange carries inherent risks
7. MODIFICATIONS
Platform reserves the right to modify these terms at any time without notice. Continued use constitutes acceptance of modifications.
8. GOVERNING LAW
This agreement is governed by UAE law. Any disputes subject to UAE courts' exclusive jurisdiction.
EXPLICIT ACKNOWLEDGMENT
Please review and acknowledge the following key points:- Platform is a technology marketplace only
- Not a financial service provider
- All monetary transactions handled by regulated partners
- Platform credits have no value outside ecosystem
- No investment or financial advice provided
Redrolf is a technology service marketplace in the process of registration in UAE. All monetary transactions are processed by regulated partners including Circle Internet Financial, a SEC-registered entity.
This is not a financial service. Platform provides technology infrastructure and marketplace connections only.