WebMoney Debt Service is a financial social network, a unique and transparent way of organizing debt relationship between the system participants in order to take into account their relations to the other participants as well as their status in stated relations.

What do you have to do to become a lender, in other words, to let other participants borrow your WM funds? For that you have to determine Trust Limit for everyone you trust to borrow your funds (for borrower). Trust Limit includes:
- the maximum amount;
- terms and period of the loan repayment (fully or partially);
- interests for its use;
- purse from which the funds will be lent.
All the stated parameters are determined and registered on Debt Service website. At that not only you have to agree about them, but also your partner – the prospective borrower. It guarantees his agreement about the future funds repayment conditions.
But it’s not easy to deal with such a long set of parameters, that’s why Trust Limit is determined for each WebMoney System participant on the basis of all described above. The more correspondents opened trust limit for you, the more amounts accessible on opened trust limits, the longer the period of funds use - the higher the Trust Limit index value. Trust Limit characterizes the participant of the system, but it doesn’t substitute your personal acquaintance with the participant you’re going to lend your funds to – so please remember that all the claims in arguable points can be made only against him.

All loan operations – both negotiation and repayment – can be made only on Debt Service website. It’s important to remember that direct funds remittance from one keeper to another can not be considered either negotiation or repayment of the loan.

The loan negotiation transaction is quite a routine – the Lender and the Borrower negotiate the conditions, register the transaction in the service, and the required sum is transferred from the Lender to the Borrower. When the transaction period is over, or before the appointed time (both at the Lender or the Borrower’s will) the funds must be repaid from the purse they were lent to the purse they had been borrowed from. Here you can observe the basic features of Debt Service functioning. If the funds on this purse are not sufficient, the Debt Service will be trying to charge the funds from the other purses of the borrower. Even if in that case the funds are not sufficient, the trust limits opened for the debtor by other participants of the system will be used, - in other words, they will lend their funds within the determined for the borrower limits. But what do they receive in return of it and on which terms?

Every time a loan is borrowed, in Paymer Service (https://www.paymer.com), the borrower’s liabilities are registered for the double loan amount (in order to repay not only the principal sum, but also the interest rate determined by the Lender and by the participants of the systems who lent the funds within the Trust Limits). When repaying the loan (fully or partially) Debt Service automatically exchanges and repays Paymer liabilities for the repayment amount. The Paymer Service liabilities are registered using the borrower’s autograph analogue and are legal. It means that if the borrower defaults on the borrowed sum repayment, the obligation registered in Paymer system will be transferred to the lender (as Paymer cheque number and code), you may bring an action against the unfair borrower and present these liabilities in court.