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MainStreet offers its Trade Exchange Members the ability to apply for Lines Of Credit
in MainStreetMoney™ Trade Dollars from time to time. Lines of Credit are
available for members to buy high value goods and services from participating Merchants.
In addition, credited amounts can be used to buy from private Sellers in the MainStreet
Markets and can be transferred for payment by a simple SMS transaction.
Cars, boats, planes, recreational vehicles, land, units, houses and all manner of
items, new and second hand can be obtained for any approved purpose by Members wishing
to apply for an extension of the MSM Trade Dollar account. Lines of Credit differ
from Interest Only Loans by way of our Interest Only Loans are applied to land and
other real property where a Member requires assistance with the DEPOSIT on a first
home or investment property. Lines of Credit are applied for on a specific purpose
basis. Members are NOT limited to only one Line of Credit, however rules apply to
both the approval and repayment process.
A modest fee is charged on a percentage of the Line of Credit basis and applications
can be completed online with approvals reported by SMS and email.
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