OnCred is a free iPhone application developed by ONCRED SOCIEDADE DE CREDITO DIRETO SA. It falls under the category of Business & Productivity, specifically in the Finance subcategory.

OnCred offers personal credit with a progressive limit increase. Upon registration, the system automatically calculates an initial pre-approved limit. Users can make as many loan requests as they want, as long as it stays within the available limit and the minimum amount.

For each loan request, users can choose the number of installments and the best due date. The first loan request undergoes a more thorough credit analysis, but subsequent requests become simpler and faster.

To increase your limit, there are two ways:

1) By making timely payments at the end of each loan, your limit will be higher than the initial one.

2) Regularly, the system reevaluates your profile, and if possible, your limit will be adjusted based on the new evaluation.