Qardon.com is a marketplace platform with one distinguishing feature — a seller can let a buyer pay over time at one price, the same as cash. This page explains, in plain terms, what the platform is, what it is not, how a deal closes, and the two ways a seller can be paid.
Qardon.com is honest about its role. It is the platform — nothing more.
Because qardon.com does not lend money and carries no credit risk, the deal is secured the ordinary way: the seller stays the lienholder of record until the price is paid in full. Qardon.com does not promise the seller he will be paid no matter what, and no money in a deal belongs to qardon.com — it is free for buyers and sellers.
The buyer who pays over time pays exactly what the buyer who pays cash pays.
Nothing is added for the months. Nothing is added for a late payment. The total on the day of signing is the total — fixed, and never worked out again. Whatever the buyer pays goes to the seller, the person who owns the item, and to no one else.
That is the whole idea: the person who cannot pay at once owns what the person who can pay at once owns, at the same price.
The buyer and the seller agree on one price. The agreement and the payment schedule are written in the seller’s name with our system, and the two of them sign. The seller is the seller and the lienholder of record until the price is paid in full. Then the seller is paid in one of two ways.
An ordinary, enforceable sale between the two of them. Qardon.com provides the platform; the buyer’s payments go straight into the seller’s own account — that is all.
A car dealer who has set aside his own endowment — kept in an account in his own name and recorded at qardon.org — can be paid his cash price from it the day he approves a sale. The buyer’s monthly payments, at the one price, return to it.
Whichever way the seller is paid, the buyer’s terms are the same: one price, no late charges, and help before anything else. The Recovery Fund at qardon.org is meant to help people struck by calamity, as far as the fund allows — a hope the fund works toward, never a promise.
The marketplace platform. The agreement is written in the seller’s name with our system, and the installments go to the seller’s own account — never to us. This is the site you are on now.
Another technology of the same company — not a separate entity. It is the endowment registry: the record of every endowment, each kept in its owner’s own account, and the home of the Recovery Fund. qardon.org →
Every listing is one price, paid now or monthly.