Streamlined Onboarding for Borrowers

Getting started with Credit Vaults is easy and efficient. Here's what you can expect:

  1. KYC & AML Verification: Our partner, Credora, will handle Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to ensure a secure and compliant environment.

  2. Legal Agreements: Carefully review and agree to the Clearpool Terms & Conditions, and MLA which outline the rights and responsibilities for all participants.

  3. Wallet Selection: While a supported multi-party computation (MPC) wallet is recommended for added security during borrowing and repayments, you can choose the wallet that best suits your needs.

  4. Credit Risk Assessment: Credora will analyse your financial health and calculate your credit risk score and borrowing capacity. (Link to "Credit Risk Scoring" for more details)

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