Live in four simple steps.
Create, confirm, track and close credit records between two parties — clearly and securely in one place.
01 — Create
Create a credit agreement record with the agreed information.
Key Highlights
- Select category: Hand Credit, Business Credit, Interest Credit, or Chit Credit
- Enter agreed principal amount, start date, and agreement duration
- Add notes, attachments or repayment terms agreed by both parties
02 — Confirm
The other party reviews and confirms the record.
Key Highlights
- The counterparty receives the digital agreement details to review
- Both parties review identical terms with zero ambiguity
- Agreement status switches to Confirmed once both sides acknowledge
03 — Track
Record payments and important updates throughout the agreement.
Key Highlights
- Log full or partial payments as they occur in real time
- Maintains a clear timestamped payment history accessible by both parties
- Automatic calculation of updated pending balance
04 — Close
When the agreement is completed, close the record with confirmation.
Key Highlights
- Mark the agreement as settled once all obligations are fulfilled
- Both parties receive confirmation of completion
- The record is safely archived for permanent future reference
Mutual alignment from start to finish
When details are documented digitally and confirmed mutually, disagreements can be resolved with confidence.
Clear Agreement
Both parties share access to the same agreed terms, dates, and amounts.
Two-Way Confirmation
No one-sided alterations — changes and completions are mutually acknowledged.
Itemised History
Every partial or full payment entry is logged with timestamps and remaining balances.
Keep every credit clear and recorded.
Create, confirm and track your credit agreements with Hand Credit.