Interest Free Credit
Interest free Alpha silver dollar, Alpha gold dollar and Aust. dollar ("AUD") credit is extended to active participants (subject to the terms below) who are responsible for a minimum of ten referrals joining the Alpha eMarket and Alpha ePay using the printed or digital Alpha Shopping Vouchers or the referral link or referral code accessible from their Alpha ePay Home Dashboard.
The highest responsibility of Alpha Management is the prudent and collateralised extension of Alpha dollar credit.
Alpha Management does not extend Alpha dollar credit those who participate in Alpha ePay who have positive account balances do.
Alpha ePay subscribers extend Alpha Management the power and right to regulate the the extension of Alpha dollar credit on their collective behalf as per the terms and conditions of the Alpha ePay User Agreement.
Interest Free Alpha silver dollar credit lines are available for those who have insufficient funds in their Alpha ePay Silver Account to make purchases notwithstanding any past unfavorable credit history.
This policy is subject to the borrowings being partially collateralised in AUD at the rate of twenty cents per Alpha silver dollar borrowed with the balance collateralised by the applicant's personal guarantee.
Alpha silver dollar borrowings may be repaid with Alpha silver dollars received for free as a reward or from selling unwanted items or providing services to other subscribers on a part AUD, part Alpha silver dollar payment basis through listings in the Alpha eMarket.
Alpha silver dollar credit lines are like revolving lines of credit and the Alpha silver dollar amount must be turned over every three months.
For Example.
Alpha silver dollar credit line amount: As$1,000
(In this example the amount of Alpha silver dollars that must be transferred into the account over three months must be at least As$1,000). If that amount has not been reached the Alpha silver dollar credit line will be reduced to the average amount deposited over three months.
Interest Free Alpha gold dollar loans are available for those who have insufficient funds in their Alpha ePay Gold Account to make purchases notwithstanding any past unfavorable credit history.
This policy is subject to the borrowings being partially collateralised in shares in one of the Alpha Group of Companies or AUD at the rate of twenty five cents for each Alpha gold dollar borrowed with the balance collateralised by the applicant's personal guarantee.
Alpha gold dollar borrowings may be repaid with Alpha gold dollars received from selling unwanted items or providing services to other members on a 100% Alpha gold dollar payment basis through listings in the Alpha eMarket.
Alpha gold dollar loans are extend for a term of twelve months and the Alpha gold dollar loan amount must be reduced at the rate of 10% per month
Interest Free Aust. dollar ("AUD") loans are available for 30 day periods as the funds permit.
AUD borrowings must be collateralised at the rate of one Alpha silver dollar for each multiple of 15 cents AUD borrowed.
For Example
AUD Loan Amount: $1,000.00
Alpha silver dollar collateral required: As$6,667.00
If the AUD borrowings are not repaid by the end of the 30 day term the only consequence is the Alpha silver dollar collateral is retained and transferred into the Alpha silver dollar Bad Debt Reserve Fund.