{"schema":"https://ver.cy/schemas/card/1.0.0","id":"vr.tr.credit","code":"thing-credit","url":"https://ver.cy/models/thing/credit/","name":"credit","alternateNames":["consumer credit","home loan","home equity credit","home equity loan","equity credit line","installment credit","installment loan","open-end credit","revolving credit","charge account credit","credit account","charge account"],"kind":"thing","status":"published","version":"0.2.0-wave.1","language":"en","classifiers":{"family":"Thing Registry","category":"Society, people and institutions","entryKind":"noun.possession","plane":"SOC","domain":["SOC.ECO"],"industry":[],"navPath":"","tags":[],"facets":{"substance":"social","origin":"conceptual","agency":"inert","mobility":"not-applicable","scale":"not-applicable","affordances":["observable"]}},"whatItIs":"Money available for a client to borrow from a lender, such as consumer credit, credit cards, home loans and credit lines, repaid under agreed terms that may include interest or provide for interest-free borrowing.","purpose":"Let an agent explain credit products by type, cost, terms and consumer rights, factually and without personal financial advice.","scope":{"in":[],"out":[],"boundaries":[]},"distinguishingFeatures":["Borrowed money with repayment terms","Cost shown as APR","Regulated consumer protection","Affects credit scores"],"structure":{"bundles":[{"id":"product","name":"Product","description":"Which credit.","layers":[{"id":"type","name":"Type","description":"Loan, card, mortgage.","findings":[{"id":"type-finding","name":"Type","description":"Credit type.","questions":[{"text":"What type of credit is it?","kind":"definition"},{"text":"Is it secured or unsecured?","kind":"definition"}]}]},{"id":"cost","name":"Cost","description":"APR and fees.","findings":[{"id":"cost-finding","name":"Cost","description":"Cost.","questions":[{"text":"What is the APR and total amount repayable?","kind":"measurement"},{"text":"What fees apply?","kind":"measurement"}]}]}]},{"id":"rights","name":"Rights","description":"Consumer protection.","layers":[{"id":"information","name":"Information","description":"Disclosure.","findings":[{"id":"information-finding","name":"Information","description":"Pre-contract information.","questions":[{"text":"What information must the lender give?","kind":"provenance"},{"text":"Is there a right to withdraw?","kind":"boundary"}]}]},{"id":"complaints","name":"Complaints","description":"Redress.","findings":[{"id":"complaints-finding","name":"Complaints","description":"Complaints.","questions":[{"text":"How can a complaint be made?","kind":"action"},{"text":"Which ombudsman handles it?","kind":"provenance"}]}]}]},{"id":"records","name":"Records","description":"Credit reports.","layers":[{"id":"report","name":"Report","description":"Credit file.","findings":[{"id":"report-finding","name":"Report","description":"Credit report.","questions":[{"text":"How can someone check their credit report for free?","kind":"action"},{"text":"How are errors corrected?","kind":"action"}]}]},{"id":"score","name":"Score","description":"Scoring.","findings":[{"id":"score-finding","name":"Score","description":"Credit scoring.","questions":[{"text":"What affects credit scores?","kind":"definition"},{"text":"Is automated scoring explained?","kind":"boundary"}]}]}]},{"id":"help","name":"Help","description":"Debt advice.","layers":[{"id":"advice","name":"Advice","description":"Free services.","findings":[{"id":"advice-finding","name":"Advice","description":"Debt advice.","questions":[{"text":"Where can someone get free, independent debt advice?","kind":"action"},{"text":"Is it urgent?","kind":"boundary"}]}]},{"id":"limits","name":"Limits","description":"No personal advice.","findings":[{"id":"limits-finding","name":"Limits","description":"Advice limit.","questions":[{"text":"Is the user asking whether they should borrow?","kind":"boundary"},{"text":"How should the agent respond?","kind":"action"}]}]}]}]},"agentConduct":{"may":["Explain the terms, interest and total cost of a credit offer in plain words.","Track balances and due dates for a borrower who authorized it."],"mustNot":["Take on credit in a person's name without their informed consent.","Hide fees, interest or the total cost of borrowing.","Decide on credit using protected characteristics or proxies for them.","Push credit on people showing signs of financial distress.","Give personalised advice on borrowing as if it were a licensed adviser."],"requiresHuman":["Approving or refusing an application for credit.","Referring a debt to collection or reporting a default."]},"ethics":{"considerations":["Credit can open opportunity or trap people in debt; fairness and transparency are essential.","Automated credit decisions can reproduce discrimination."],"affectedParties":["Borrowers and their families","People refused credit","Lenders"]},"owners":{"steward":"The lender that grants it; financial regulators supervise lending.","roles":[],"masterSystems":["Credit reference and credit registry databases"]},"relations":[{"target":"oewn-13350663-n","type":"parent","note":"registry parent class"},{"target":"financial service","type":"related","note":"category"},{"target":"bank and lender","type":"related","note":"provider"},{"target":"interest rate","type":"related","note":"price"},{"target":"credit bureau","type":"related","note":"records"}],"interaction":{"identity":{"applicability":"required","items":["Vercy registry: vr.tr.credit","Open English WordNet: oewn-13399691-n"]},"properties":{"applicability":"not-applicable","items":[]},"recognition":{"applicability":"optional","items":["APR and credit limit","Types such as instalment or revolving credit","Credit in accounting or in films is another sense","Agreements, statements, cards and credit limits."]},"capabilities":{"applicability":"required","items":["compare credit offers by APR","check credit reports","understand consumer rights","find free debt advice"]},"hazards":{"applicability":"required","items":["Unaffordable debt","Hidden fees","Predatory lending","Agents giving personal financial advice"]},"interfaces":{"applicability":"required","items":["EU Consumer Credit Directive","Mortgage Credit Directive","Truth in Lending Act (US)","Responsible lending rules"]},"context":{"applicability":"required","items":["Funding purchases or needs ahead of income.","instalment credit and personal loans","revolving credit and cards","mortgages and home equity credit","trade credit","buy now pay later"]}},"sources":[{"title":"Open English WordNet 2024, synset oewn-13399691-n","url":"https://en-word.net/id/oewn-13399691-n","note":"sense and gloss of the concept"},{"title":"Wiktionary: credit","url":"https://en.wiktionary.org/wiki/credit","note":"word senses and usage"}],"openQuestions":["Should credit types be separate entries?","How should consumer rights be localised?","How should debt advice services be linked?"],"resources":{"spec":"/models/things/publications/thing-credit/spec.json"},"provenance":{"origin":"thing registry research (pass 2)","builtFrom":["models/things/publications/thing-credit/spec.json"],"providers":["Claude"],"researchStatus":"unreviewed","generatedAt":"2026-09-11T07:21:51Z","builder":"tools/build_cards.py@1.0.0"},"completeness":{"sections":{"classifiers":"filled","whatItIs":"filled","purpose":"filled","distinguishingFeatures":"filled","structure":"filled","agentConduct":"filled","ethics":"filled","owners":"filled","relations":"filled","interaction.identity":"filled","interaction.properties":"not-applicable","interaction.recognition":"filled","interaction.capabilities":"filled","interaction.hazards":"filled","interaction.interfaces":"filled","interaction.context":"filled","sources":"filled"},"notes":{"_gate":"Published through the thing publication gate 1.0 on 2026-10-08T18:54:35+00:00: completeness 1.00; sense: WordNet gloss; 2 live sources; review by codex: pass","interaction.properties":"Plane SOC: no invented physical properties."},"score":1.0}}