Welcome to the Finance Standards for the Kingdom of Kaldus. This will be a relatively small site since the financial regulation will be broad and over-reaching to some, but will save the Kingdom millions of dollars in savings. It would also be safer for the people living and visiting the kingdom. The standards in place will always be based on the Kaldan Dollar which will loosely be based off the US dollar, however – they are different.

And while I would rather base the Kaldan dollar off the gold standard, that is likely not to ever happen since the rest of the world is based on the fiat standard which is basically the trust in the government to back the currency up. Also, there will be a simplified credit scoring system, and that scoring system will show physical improvement when acquiring credits or loans.

There will only be 1 bank in the nation with the rest of the “banks” being credit issuers. A credit issuer will be a financial institution offering credit and loans to consumers for payback + interest. It is that interest that encourages the issuer to provide credit to the consumer. Obviously, those with lower credit scores will be a greater risk, and therefore likely to be charged a higher rate, and the formula calculation system will show that.