Credex (CRDX) 10-Q 14 Nov 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 14, 2013
Document And Entity Information	'	'
Entity Registrant Name	'CREDEX CORP	'
Entity Central Index Key	'0001432939	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	58,992,500
Document Fiscal Period Focus	'Q3	'
Document Fiscal Year Focus	'2013	'

Balance_Sheets

Balance Sheets (USD $)	Sep. 30, 2013	Dec. 31, 2012
CURRENT ASSETS:	'	'
Cash	$0	$0
Prepaid Expenses	0	2,000
Total Assets	0	2,000
CURRENT LIABILITIES:	'	'
Accounts payable	7,389	2,139
Stockholder loans payable	7,700	7,700
Total Liabilities	15,089	9,839
STOCKHOLDERS' DEFICIT:	'	'
Common stock, $0.0001 par value; 100,000,000 authorized shares, 58,992,500 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively	5,899	5,899
Additional paid-in capital	295,543	295,543
Accumulated deficit during the development stage	316,531	309,281
Total Stockholders' Deficit	-15,089	-7,839
Total Liabilities and Stockholders' Deficit	$0	$2,000

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Statement of Financial Position [Abstract]	'	'
Common stock, par value per share	$0.00	$0.00
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	58,992,500	58,992,500
Common stock, shares outstanding	58,992,500	58,992,500

Statements_Of_Operations

Statements Of Operations (USD $)	3 Months Ended		9 Months Ended		97 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
REVENUE	'	'	'	'	'
Finance income	'	'	'	'	$15,417
Consulting income	'	'	'	'	8,000
TOTAL REVENUE	'	'	'	'	23,417
OPERATING EXPENSES	'	'	'	'	'
Travel	'	'	'	'	6,882
Office expenses	'	'	'	'	10,027
Telephone	'	'	'	'	2,963
Professional fees	800	1,000	5,050	6,678	280,310
Advertising	'	'	'	'	350
Portfolio purchase	'	'	'	'	21,000
Seminar	'	'	'	'	1,585
Stock transfer agent fees	1,100	300	1,700	900	8,300
Rent	'	'	'	'	6,511
General and administration expenses	500	'	500	'	500
TOTAL OPERATING EXPENSES	2,400	1,300	7,250	7,578	338,428
LOSS FROM OPERATIONS	-2,400	-1,300	-7,250	-7,578	-315,011
OTHER INCOME (EXPENSE):	'	'	'	'	'
Interest income	'	'	'	'	33
Interest expense	'	'	'	'	1,553
TOTAL OTHER INCOME (EXPENSE)	'	'	'	'	-1,520
LOSS BEFORE PROVISION FOR INCOME TAXES	-2,400	-1,300	-7,250	-7,578	-316,531
PROVISION FOR INCOME TAXES	'	'	'	'	'
NET LOSS	($2,400)	($1,300)	($7,250)	($7,578)	($316,531)
Net Loss Per Share: Basic and Diluted	$0	$0	$0	$0	'
Weighted average number of shares outstanding	58,992,500	58,992,500	58,992,500	58,992,500	'

Statements_Of_Stockholders_Def

Statements Of Stockholders' Deficit (USD $)	Common Stock	Additional Paid-In Capital	Unearned Capital	Development Stage Deficit	Total
Balance, amount at Sep. 01, 2005	'	'	'	'	'
Shares purchased for cash at $0.001 per share, shares	10,000	'	'	'	'
Shares purchased for cash at $0.001 per share, Amount	$10	$990	'	'	$1,000
Net loss for the period	'	'	'	-8,397	-8,397
Balance, Amount at Dec. 31, 2005	10	990	'	-8,397	-7,397
Balance, shares at Dec. 31, 2005	10,000	'	'	'	'
Net loss for the period	'	'	'	-8,056	-8,056
Balance, Amount at Dec. 31, 2006	10	990	'	-16,453	-15,453
Balance, shares at Dec. 31, 2006	10,000	'	'	'	'
Stock holders loan used to purchase shares at $0.0072 per share, Shares	2,490,000	'	'	'	'
Stock holders loan used to purchase shares at $0.0072 per share, Amount	2,490	15,441	0	0	17,931
Net loss for the period	'	'	'	-2,087	-2,087
Balance, Amount at Dec. 31, 2007	2,500	16,431	0	-18,450	391
Balance, shares at Dec. 31, 2007	2,500,000	'	'	'	'
Common stock shares issued for cash at $0.02 per share, Shares	350,000	'	'	'	'
Common stock shares issued for cash at $0.02 per share, Amount	350	6,650	0	0	7,000
Net loss for the period	'	'	'	-7,001	-7,001
Balance, Amount at Dec. 31, 2008	2,850	23,081	0	-25,541	390
Balance, shares at Dec. 31, 2008	2,850,000	'	'	'	'
Common stock shares issued for cash at $0.02 per share, Shares	715,500	'	'	'	'
Common stock shares issued for cash at $0.02 per share, Amount	715	13,595	0	0	14,310
Net loss for the period	'	'	'	-15,015	-15,015
Balance, Amount at Dec. 31, 2009	3,565	36,676	0	-40,556	-315
Balance, shares at Dec. 31, 2009	3,565,500	'	'	'	'
Common stock shares issued for cash at $0.02 per share, Shares	267,500	'	'	'	267,500
Common stock shares issued for cash at $0.02 per share, Amount	268	5,082	0	0	5,350
Common stock shares issued for cash at $0.04 per share, Shares	566,250	'	'	'	566,250
Common stock shares issued for cash at $0.04 per share, Amount	566	22,084	0	0	22,650
Common stock shares issued for future services at $0.133 per share, shares	1,500,000	'	'	'	1,500,000
Common stock shares issued for future services at $0.133 per share, Amount	1,500	198,500	-200,000	0	0
Unearned capital amortized	0	0	100,000	0	100,000
Net loss for the period	'	'	'	-129,577	-129,577
Balance, Amount at Dec. 31, 2010	5,899	262,342	-100,000	-170,133	-1,892
Balance, shares at Dec. 31, 2010	5,899,250	'	'	'	'
Unearned capital amortized	0	0	100,000	0	100,000
Additional capital brought in	0	33,201	0	0	33,201
Net loss for the period	'	'	'	-131,720	-131,720
Balance, Amount at Dec. 31, 2011	5,899	295,543	0	-301,853	-411
Balance, shares at Dec. 31, 2011	5,899,250	'	'	'	'
Net loss for the period	'	'	'	-7,428	-7,428
Balance, Amount at Dec. 31, 2012	5,899	295,543	0	-309,281	-7,839
Balance, shares at Dec. 31, 2012	5,899,250	'	'	'	58,992,500
Forward stock split (Adjustments to par value), shares	53,093,250	'	'	'	'
Net loss for the period	'	'	'	-7,250	-7,250
Balance, Amount at Sep. 30, 2013	$5,899	$295,543	'	($316,531)	($15,089)
Balance, shares at Sep. 30, 2013	58,992,500	'	'	'	58,992,500

Statements_Of_Stockholders_Def1

Statements Of Stockholders' Deficit (Parenthetical) (USD $)	Dec. 31, 2010	Dec. 31, 2009	Dec. 31, 2008	Dec. 31, 2007	Dec. 31, 2005
Statement of Stockholders' Equity [Abstract]	'	'	'	'	'
Common stock issued, price per share	$0.02	$0.02	$0.02	$0.01	$0.00
Common stock issued, price per share for additional shares issued during period	$0.04	'	'	'	'
Common stock shares issued for future services per share	$0.13	'	'	'	'

Statements_Of_Cash_Flows

Statements Of Cash Flows (USD $)	9 Months Ended		97 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'	'
Net loss for the period	($7,250)	($7,578)	($316,531)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'	'
Amortization of stock issued for services	'	'	200,000
CHANGES TO ASSETS AND LIABILITIES	'	'	'
(Increase) decrease in prepaid expenses	2,000	'	'
Increase (decrease) in accounts payable	5,250	7,539	7,389
NET CASH USED BY OPERATING ACTIVITIES	'	-39	-109,142
CASH FLOWS FROM FINANCING ACTIVITIES	'	'	'
Proceeds from stockholder loan	'	'	46,201
Repayments of stockholder loan	'	'	5,300
Proceeds from note payable	'	'	5,000
Repayment of notes payable	'	'	5,000
Proceeds from sale of common stock	'	'	68,241
NET CASH PROVIDED BY FINANCING ACTIVITIES	'	'	109,142
NET INCREASE (DECREASE) IN CASH	'	-39	'
Cash and Cash Equivalents - Beginning	0	39	0
Cash and Cash Equivalents - Ending	$0	$0	$0

Summary_Of_Significant_Account

Summary Of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]	'
Summary of significant accounting policies	'
	NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Organization and Purpose
	Credex Corporation, (the "Company") was incorporated in the State of Florida on September 2, 2005. The Company is presently engaged in market research regarding the cost and availability of non-performing credit card portfolios including current market prices for the sales of portfolios deemed non-collectable at the time of sale. The Company is exploring avenues for raising capital in order to put its business plan into effect. The Company has a December 31 year-end. The Company’s principal office is in Orange City, Florida.
	Basis of Presentation
	The accompanying financial statements have been prepared in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X, and, therefore, do include all information and footnotes necessary for a complete presentation of financial position, results of operations, cash flows, and stockholders’ equity in conformity with accounting principles generally accepted in the United States of America. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature.
	Accounting Basis
	The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting).  The Company has adopted a December 31 fiscal year end.
	Development Stage
	The Company is currently a development stage entity as defined under accounting standards, as it continues development activities related to non-performing credit card portfolios. As required for development stage enterprises, the statements of operations, cash flows and changes in stockholder’s equity (deficit) are presented on a cumulative basis from inception.
	Revenue Recognition
	The Company recognizes revenue from purchased non-performing receivables in accordance with accounting standards on the accounting for certain loans or debt securities acquired in a transfer. The Company will use the cost recovery method and recognize income only after it has recovered its carrying value of purchased non-performing receivables. There can be no assurance as to when or if the carrying value will be recovered. Recognition of income using the interest method would be dependent on the Company having the ability to develop reasonable expectations of both the timing and amount of cash flows to be collected. Due to uncertainties related to the expected timing of the collections of older non-performing receivables purchased as a result of the economic environment and the lack of validation of certain account components, the Company determined that it will not have the ability to develop reasonable expectations of timing of cash flows to be collected.
	Cash and Equivalents
	For purposes of the statement of cash flows, the Company considers all highly liquid investments with original maturities of less than three months to be cash equivalents.
	Financial Instruments
	Financial instruments consist of prepaid expenses, accounts payable and shareholder loans. The carrying amount of financial instruments approximates fair value due to short-term maturities and market interest rates.
	Reclassifications
	Certain accounts and financial statement captions in the prior periods have been reclassified to conform to the current period financial statements.
	Advertising
	The Company expenses advertising and promotions costs as they are incurred. Advertising expenses were $0 for the nine months ended September 30, 2013 and 2012.
	Concentrations of Credit Risk
	The Company maintains its cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. The Company continually monitors its banking relationships and consequently has not experienced any losses in such accounts. The Company believes it is not exposed to any significant credit risk on cash and cash equivalents.
	Earnings per Share
	Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common stock shares outstanding during the year. Diluted EPS is computed by dividing net income available to common stockholders by the weighted average number of common stock shares outstanding during the year plus potential dilutive instruments such as stock options and warrants. The Company has no dilutive instruments outstanding.
	Income Taxes
	The Company follows Section 740-10-30 of the FASB Accounting Standards Codification, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns.
	Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Operations in the period that includes the enactment date.
	The Company adopted section 740-10-25 of the Codification ("Section 740-10-25") which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25.
	Stock-Based Compensation
	Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.
	Dividends
	The Company has not adopted any policy regarding payment of dividends. No dividends have been paid during any of the periods shown.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Comprehensive Income
	The Company has which established standards for reporting and display of comprehensive income, its components and accumulated balances. When applicable, the Company would disclose this information on its Statement of Stockholders’ Equity. Comprehensive income comprises equity except those resulting from investments by owners and distributions to owners. The Company has not had any significant transactions that are required to be reported in other comprehensive income.
	Recent Accounting Pronouncements
	Credex does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flow.

Going_Concern

Going Concern	9 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Going concern	'
	NOTE B – GOING CONCERN
	The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company’s financial position and operating results raise substantial doubt about its ability to continue as a going concern. The Company is in the development stage and has sustained losses of $316,531 since inception. The ability of the Company to continue as a going concern is dependent upon expanding operations and obtaining additional capital and financing. Management’s plan in this regard is to implement the Company’s business plan and to secure additional funds through equity or debt financing. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

Stockholder_Loans_Payable

Stockholder Loans Payable	9 Months Ended
	Sep. 30, 2013
Equity [Abstract]	'
Stockholder loans payable	'
	NOTE C – STOCKHOLDER LOANS PAYABLE
	During the year ended December 31, 2012, the Company received loans from a shareholder totaling $7,700. The loans are unsecured, non-interest bearing and due on demand. The balance due to the shareholder was $7,700 as of September 30, 2013.

Capital_Stock

Capital Stock	9 Months Ended
	Sep. 30, 2013
Notes to Financial Statements	'
Capital stock	'
	NOTE D – CAPITAL STOCK
	At inception on September 2, 2005, the Company was authorized to have outstanding 10,000 shares of common stock at $0.10 par value per share. On October 24, 2007, the Company amended its Articles of Incorporation to increase the maximum number of authorized common shares to 100,000,000 and changed the par value to $0.001 per share, which has been retro-actively restated to $0.001 in the accompanying financial statements.
	Share transactions during the year ended December 31, 2010, resulted in an increase in shares outstanding of 2,333,750 shares as follows:
	Shares issued for cash at $0.02 per share	267,500
	Shares issued for cash at $0.04 per share	566,250
	Shares issued for future services at $0.113 per share	1,500,000
		2,333,750
	During the year ended December 31, 2011, shareholders of the Company agreed to forgive $33,201 of debt. The amount was recorded as contributed capital.
	On September 13, 2013, Credex Corporation (the “Company”) received approval from the Financial Industry Regulatory Authority (“FINRA”) clearing a ten to one (10:1) forward stock split previously approved by the Company’s board of directors. The record Date for the forward stock split is September 16, 2013 which resulted in increase in number of shares issued and outstanding from 5,899,250 to 58,992,500 shares with corresponding decrease of par values from $0.001 to $0.0001. All reference to shares and per share amounts in the accompanying financial statements have been retroactively restated to reflect the aforementioned forward stock split.
	As a result of stock split, there were 58,992,500 shares of common stock issued and outstanding as at September 30, 2013.

Commitments

Commitments	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments	'
	NOTE E – COMMITMENTS
	The Company neither owns nor leases any real or personal property. An officer has provided office services without charge. There is no obligation for the officer to continue this arrangement. Such costs are immaterial to the financial statements and accordingly are not reflected herein. The officers and directors are involved in other business activities and most likely will become involved in other business activities in the future.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'
Income taxes	'
	NOTE F – INCOME TAXES
	For the periods ended September 30, 2013, the Company has incurred net losses and, therefore, has no tax liability. The net deferred tax asset generated by the loss carry-forward has been fully reserved. The cumulative net operating loss carry-forward is approximately $316,531 at September 30, 2013, and will expire beginning in the year 2025.
	The provision for Federal income tax consists of the following for the nine months ended September 30, 2013 and 2012:
		2013			2012
	Federal income tax benefit attributable to:
	Current Operations	$	2,465		$	2,577
	Less: valuation allowance		(2,465	)		(2,577	)
	Net provision for Federal income taxes	$	0		$	0
	The cumulative tax effect at the expected rate of 34% of significant items comprising our net deferred tax amount is as follows as of September 30, 2013 and December 31, 2012:
		30-Sep-13			31-Dec-12
	Deferred tax asset attributable to:
	Net operating loss carryover	$	107,621		$	105,156
	Less: valuation allowance		(107,621	)		(105,156	)
	Net deferred tax asset	$	0		$	0
	Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards of approximately $316,531 for Federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur net operating loss carry forwards may be limited as to use in future years.

Related_Party_Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2013
Related Party Transactions [Abstract]	'
Related party transactions	'
	NOTE G - RELATED PARTY TRANSACTIONS
	A shareholder of the Company, Globex Transfer, LLC, a stock transfer agent, was engaged in November 2010 to provide stock transfer services. As of September 30, 2013, expenses towards stock transfer agent fee of $1,500 were included in the outstanding balance payable of $7,389. As of September 30, 2013, $7,700 was due to Service Merchant Corp, a related party who has paid for audit fees and professional fees for the year 2012.
	During the year ended December 31, 2012, the Company received loans from a shareholder totaling $7,700. The loans are unsecured, non-interest bearing and due on demand. The balance due to the shareholder was $7,700 as of September 30, 2013

Joint_Venture

Joint Venture	9 Months Ended
	Sep. 30, 2013
Joint Venture	'
Joint venture	'
	NOTE H – JOINT VENTURE
	On August 15, 2013, Credex Corporation signed a Memorandum of Understanding with Kirida Resources Inc. for a joint venture timber projects in West Africa, through sale of free trading shares. Kirida Resources Inc., a corporation organized and existing under the laws of the Province of British Columbia, Canada.
	Brief terms of the JV is
		1	Credex provides Free Trading Shares to raise $60,000 for Phase 1 Project Vetting.
		2	Credex provides Free Trading Shares to raise $500,000 for Phase 2 Project Acquisition, preparation of Report and business plan for Phase 3 financing.
		3	Credex provides Free Trading Shares to raise $5,000,000 for Phase 3 medium-scale production facility to initiate sales and revenues.
		4	Service Merchants Corp shall receive 10% of vend-in project shares issued for this JV.
		5	After Phase 3 financing, Service merchants Corp shall give Kirida first right of refusal to acquire 10% of issued shares.
		6	Kirida shall receive 40% equity upon acquiring an asset at a minimum of USD $25 Million valuation.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
Subsequent events	'
	NOTE I – SUBSEQUENT EVENTS
	In accordance with ASC 855-10, the Company has analyzed its operations subsequent to September 30, 2013 to the date these financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these financial statements

Summary_Of_Significant_Account1

Summary Of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization and purpose	'
	Organization and Purpose
	Credex Corporation, (the "Company") was incorporated in the State of Florida on September 2, 2005. The Company is presently engaged in market research regarding the cost and availability of non-performing credit card portfolios including current market prices for the sales of portfolios deemed non-collectable at the time of sale. The Company is exploring avenues for raising capital in order to put its business plan into effect. The Company has a December 31 year-end. The Company’s principal office is in Orange City, Florida.
Basis of presentation	'
	Basis of Presentation
	The accompanying financial statements have been prepared in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X, and, therefore, do include all information and footnotes necessary for a complete presentation of financial position, results of operations, cash flows, and stockholders’ equity in conformity with accounting principles generally accepted in the United States of America. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature.
Accounting basis	'
	Accounting Basis
	The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting).  The Company has adopted a December 31 fiscal year end.
Development stage	'
	Development Stage
	The Company is currently a development stage entity as defined under accounting standards, as it continues development activities related to non-performing credit card portfolios. As required for development stage enterprises, the statements of operations, cash flows and changes in stockholder’s equity (deficit) are presented on a cumulative basis from inception.
Revenue recognition	'
	Revenue Recognition
	The Company recognizes revenue from purchased non-performing receivables in accordance with accounting standards on the accounting for certain loans or debt securities acquired in a transfer. The Company will use the cost recovery method and recognize income only after it has recovered its carrying value of purchased non-performing receivables. There can be no assurance as to when or if the carrying value will be recovered. Recognition of income using the interest method would be dependent on the Company having the ability to develop reasonable expectations of both the timing and amount of cash flows to be collected. Due to uncertainties related to the expected timing of the collections of older non-performing receivables purchased as a result of the economic environment and the lack of validation of certain account components, the Company determined that it will not have the ability to develop reasonable expectations of timing of cash flows to be collected.
Cash and equivalents	'
	Cash and Equivalents
	For purposes of the statement of cash flows, the Company considers all highly liquid investments with original maturities of less than three months to be cash equivalents.
Financial instruments	'
	Financial Instruments
	Financial instruments consist of prepaid expenses, accounts payable and shareholder loans. The carrying amount of financial instruments approximates fair value due to short-term maturities and market interest rates.
Reclassifications	'
	Reclassifications
	Certain accounts and financial statement captions in the prior periods have been reclassified to conform to the current period financial statements.
Advertising	'
	Advertising
	The Company expenses advertising and promotions costs as they are incurred. Advertising expenses were $0 for the nine months ended September 30, 2013 and 2012.
Concentrations of credit risk	'
	Concentrations of Credit Risk
	The Company maintains its cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. The Company continually monitors its banking relationships and consequently has not experienced any losses in such accounts. The Company believes it is not exposed to any significant credit risk on cash and cash equivalents.
Earnings per share	'
	Earnings per Share
	Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common stock shares outstanding during the year. Diluted EPS is computed by dividing net income available to common stockholders by the weighted average number of common stock shares outstanding during the year plus potential dilutive instruments such as stock options and warrants. The Company has no dilutive instruments outstanding.
Income taxes	'
	Income Taxes
	The Company follows Section 740-10-30 of the FASB Accounting Standards Codification, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns.
	Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Operations in the period that includes the enactment date.
	The Company adopted section 740-10-25 of the Codification ("Section 740-10-25") which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25.
	~
Stock-based compensation	'
	Stock-Based Compensation
	Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.
Dividends	'
	Dividends
	The Company has not adopted any policy regarding payment of dividends. No dividends have been paid during any of the periods shown.
Use of estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Comprehensive income	'
	Comprehensive Income
	The Company has which established standards for reporting and display of comprehensive income, its components and accumulated balances. When applicable, the Company would disclose this information on its Statement of Stockholders’ Equity. Comprehensive income comprises equity except those resulting from investments by owners and distributions to owners. The Company has not had any significant transactions that are required to be reported in other comprehensive income.
Recent accounting pronouncements	'
	Recent Accounting Pronouncements
	Credex does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flow.

Capital_Stock_Tables

Capital Stock (Tables)	9 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Share transaction resulted in an increase in shares outstanding	'
	Share transactions during the year ended December 31, 2010, resulted in an increase in shares outstanding of 2,333,750 shares as follows:
	Shares issued for cash at $0.02 per share	267,500
	Shares issued for cash at $0.04 per share	566,250
	Shares issued for future services at $0.113 per share	1,500,000
		2,333,750

Income_Taxes_Tables

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2013
Income Taxes Tables	'
Schedule of provision for federal income tax	'
	The provision for Federal income tax consists of the following for the nine months ended September 30, 2013 and 2012:
		2013			2012
	Federal income tax benefit attributable to:
	Current Operations	$	2,465		$	2,577
	Less: valuation allowance		(2,465	)		(2,577	)
	Net provision for Federal income taxes	$	0		$	0
Schedule of deferred tax assets	'
	The cumulative tax effect at the expected rate of 34% of significant items comprising our net deferred tax amount is as follows as of September 30, 2013 and December 31, 2012:
		30-Sep-13			31-Dec-12
	Deferred tax asset attributable to:
	Net operating loss carryover	$	107,621		$	105,156
	Less: valuation allowance		(107,621	)		(105,156	)
	Net deferred tax asset	$	0		$	0

Capital_Stock_Details

Capital Stock (Details)	12 Months Ended
	Dec. 31, 2010
Capital Stock Details	'
Shares issued for cash at $0.02 per share	267,500
Shares issued for cash at $0.04 per share	566,250
Shares issued for future services at $0.113 per share	1,500,000
Increase in shares outstanding	2,333,750

Income_Taxes_Schedule_Of_Provi

Income Taxes (Schedule Of Provision For Federal Income Tax) (Details) (USD $)	3 Months Ended		9 Months Ended		97 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Income Taxes Schedule Of Provision For Federal Income Tax Details	'	'	'	'	'
Federal income tax attributable to current operations	'	'	$2,465	$2,577	'
Less: valuation allowance	'	'	-2,465	-2,577	'
Net provision for federal income taxes	'	'	'	'	'

Income_Taxes_Schedule_Of_Defer

Income Taxes (Schedule Of Deferred Tax Assets) (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Deferred tax assets attributable to:	'	'
Net operating loss carryover	$107,621	$105,156
Less: valuation allowance	107,621	105,156
Net deferred tax asset	$0	$0

Capital_Stock_Narrative_Detail

Capital Stock (Narrative) (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Oct. 25, 2007	Sep. 03, 2005	Sep. 16, 2013
					Common Stock
Common stock authorized, shares	'	'	'	10,000	'
Common stock authorized, per share	$0.00	$0.00	$0.00	$0.10	'
Change in common stock authorized, shares	100,000,000	100,000,000	100,000,000	'	'
Forward stock split	'	'	'	'	'10:1
Changes in number of issued and outstanding shares due to forward stock split	'	'	'	'	58,992,500
Description of changes in equity structure due to forward stock split	'	'	'	'	'
					The record Date for the forward stock split is September 16, 2013 which resulted in increase in number of shares issued and outstanding from 5,899,250 to 58,992,500 shares with corresponding decrease of par values from $0.001 to $0.0001. All reference to shares and per share amounts in the accompanying financial statements have been retroactively restated to reflect the aforementioned forward stock split.

Income_Taxes_Narrative_Details

Income Taxes (Narrative) (Details) (USD $)	9 Months Ended
	Sep. 30, 2013
Income Taxes Narrative Details	'
Net operating loss carry-forward	$316,531
Operation loss carryforwards terms	'Year 2025
Tax effect at the expected rate	34.00%

Related_Party_Transctions_Narr

Related Party Transctions (Narrative) (Details) (USD $)	9 Months Ended		97 Months Ended			12 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013
					Globex Transfer, LLC	Service Merchant Corp	Service Merchant Corp
Related Party Transaction [Line Items]	'	'	'	'	'	'	'
Stock transfer agent fees outstanding	$7,389	'	$7,389	$2,139	$1,500	'	'
Proceeds from stockholder loan	'	'	46,201	'	'	7,700	'
Loan amount	$7,700	'	$7,700	$7,700	'	'	$7,700

Joint_Venture_Narrative_Detail

Joint Venture (Narrative) (Details) (Joint Venture - Kirida Resources Inc)	0 Months Ended
	Aug. 15, 2013
Joint Venture - Kirida Resources Inc	'
Schedule of Equity Method Investments [Line Items]	'
Joint venture terms	'
	Brief terms of the JV is
		1	Credex provides Free Trading Shares to raise $60,000 for Phase 1 Project Vetting.
		2	Credex provides Free Trading Shares to raise $500,000 for Phase 2 Project Acquisition, preparation of Report and business plan for Phase 3 financing.
		3	Credex provides Free Trading Shares to raise $5,000,000 for Phase 3 medium-scale production facility to initiate sales and revenues.
		4	Service Merchants Corp shall receive 10% of vend-in project shares issued for this JV.
		5	After Phase 3 financing, Service merchants Corp shall give Kirida first right of refusal to acquire 10% of issued shares.
		6	Kirida shall receive 40% equity upon acquiring an asset at a minimum of USD $25 Million valuation.