# Credit Vaults Credit Vaults offer a unique lending product designed to benefit both lenders and borrowers. Here's what makes them stand out: * **Flexibility for Lenders:** Credit Vaults provide lenders with potentially better APRs and more control over their lending by leveraging withdrawal requests. * **Tailored for Borrowers:** Regardless of their needs, borrowers can build a Credit Vault that suits them. These perpetual loans offer fixed rates and the ability to make full repayments at any time. * **Streamlined Onboarding:** The onboarding process remains familiar for borrowers, leveraging Clearpool's existing Permissionless Onboarding (MLA, KYC + rating) handled by Credora. * **Permissionless or Permissioned:** Borrowers have the choice – they can opt for the openness of permissionless Credit Vaults or the added security of permissioned ones. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.clearpool.finance/clearpool/how-it-works/credit-vaults.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.