Mutual Credit
Subject: Finance | Topics:

Mutual credit is a form of alternative currency that currency used inside a transaction can be created in the time the transaction. Community exchange trading techniques are mutual credit ratings systems. Typically this involves tracking each individual’s credit ratings or debit stability. Although the effect is a lot like a loan, zero interest is billed, and since mutual credit makes for trading and cancelling scales with others, debts is usually paid off ultimately.

Related Finance Paper: