Credex (CRDX) 10-K/A 10 Mar 14 2013 FY Annual report (amended) Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Mar. 03, 2014
Document And Entity Information	'	'
Entity Registrant Name	'CREDEX CORP	'
Entity Central Index Key	'0001432939	'
Document Type	'10-K	'
Document Period End Date	31-Dec-13	'
Amendment Flag	'true	'
Amendment Description	'	'
	EXPLANATORY NOTE
	This Amendment No. 1 to the Annual Report on Form 10-K for the year ended December 31, 2013 for Credex Corporation is being filed solely to replace page F-2 with “Report of Independent Registered Public Accounting Firm”. All other items remain unchanged.
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 Public Float	'	$0
Entity Common Stock, Shares Outstanding	'	58,992,500
Document Fiscal Period Focus	'FY	'
Document Fiscal Year Focus	'2013	'

Balance_Sheets

Balance Sheets (USD $)	Dec. 31, 2013	Dec. 31, 2012
CURRENT ASSETS:	'	'
Cash	'	'
Prepaid expenses	'	2,000
Total Assets	0	2,000
CURRENT LIABILITIES:	'	'
Accounts payable	300	2,139
Related party payable - stockholders loan	19,989	7,700
Total Liabilities	20,289	9,839
STOCKHOLDERS' DEFICIT:	'	'
Common stock, $0.001 par value; 100,000,000 authorized shares, 58,992,500 shares issued and outstanding at December 31, 2013 and December 31, 2012, respectively	58,993	5,899
Additional paid-in capital	242,449	295,543
Accumulated deficit during the development stage	321,731	309,281
Total Stockholders' Deficit	-20,289	-7,839
Total Liabilities and Stockholders' Deficit	$0	$2,000

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Dec. 31, 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 $)	12 Months Ended		100 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 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	10,250	7,078	285,510
Advertising	'	'	350
Portfolio purchase	'	'	21,000
Seminar	'	'	1,585
Stock transfer agent fees	2,200	350	8,800
Rent	'	'	6,511
TOTAL OPERATING EXPENSES	12,450	7,428	343,628
LOSS FROM OPERATIONS	-12,450	-7,428	-320,211
OTHER INCOME (EXPENSE):	'	'	'
Interest income	'	'	33
Interest expense	'	'	1,553
TOTAL OTHER INCOME (EXPENSE)	'	'	-1,520
LOSS BEFORE PROVISION FOR INCOME TAXES	-12,450	-7,428	-321,731
PROVISION FOR INCOME TAXES	'	'	'
NET LOSS	($12,450)	($7,428)	($321,731)
Net Loss Per Share: Basic and Diluted	$0	$0	'
Weighted average number of shares outstanding	58,992,500	58,992,500	'

Statement_Of_Stockholders_Defi

Statement Of Stockholders' Deficit (USD $)	Common Stock	Additional Paid-in Capital	Unearned Capital	Development Stage Deficit	Total
Balance, value at Sep. 04, 2005	'	'	'	'	'
Balance, shares at Sep. 04, 2005	'	'	'	'	'
Shares purchased for cash, shares	100,000	'	'	'	'
Shares purchased for cash, value	10	990	'	'	1,000
Net loss for the period	'	'	'	-8,397	-8,397
Balance, value at Dec. 31, 2005	10	990	'	-8,397	-7,397
Balance, shares at Dec. 31, 2005	100,000	'	'	'	'
Net loss for the period	'	'	'	-8,056	-8,056
Balance, value at Dec. 31, 2006	10	990	'	-16,453	-15,453
Balance, shares at Dec. 31, 2006	100,000	'	'	'	'
Stock holders loan used to purchase shares, shares	24,900,000	'	'	'	'
Stock holders loan used to purchase shares, vlaue	2,490	15,441	'	'	17,931
Net loss for the period	'	'	'	-2,087	-2,087
Balance, value at Dec. 31, 2007	2,500	16,431	'	-18,540	391
Balance, shares at Dec. 31, 2007	25,000,000	'	'	'	'
Common stock shares issued for cash, shares	35,000,000	'	'	'	'
Common stock shares issued for cash, value	350	6,650	'	'	7,000
Net loss for the period	'	'	'	-7,001	-7,001
Balance, value at Dec. 31, 2008	2,850	23,081	'	-25,541	390
Balance, shares at Dec. 31, 2008	28,500,000	'	'	'	'
Common stock shares issued for cash, shares	7,155,000	'	'	'	'
Common stock shares issued for cash, value	715	13,595	'	'	14,310
Net loss for the period	'	'	'	-15,015	-15,015
Balance, value at Dec. 31, 2009	3,565	36,676	'	-40,556	-315
Balance, shares at Dec. 31, 2009	35,655,000	'	'	'	'
Common stock shares issued for cash, shares	2,675,000	'	'	'	2,675,000
Common stock shares issued for cash, value	268	5,082	'	'	5,350
Common stock additional shares issued for cash, shares	5,662,500	'	'	'	5,662,500
Common stock additional shares issued for cash, value	566	22,084	'	'	22,650
Common stock shares issued for future services, shares	15,000,000	'	'	'	15,000,000
Common stock shares issued for future services, value	1,500	198,500	-200,000	'	'
Unearned capital amortized	'	'	100,000	'	100,000
Net loss for the period	'	'	'	-129,577	-129,577
Balance, value at Dec. 31, 2010	5,899	262,342	-100,000	-170,133	-1,892
Balance, shares at Dec. 31, 2010	58,992,500	'	'	'	'
Unearned capital amortized	'	'	100,000	'	100,000
Forgiveness of shareholder debt	'	33,201	'	'	33,201
Net loss for the period	'	'	'	-131,720	-131,720
Balance, value at Dec. 31, 2011	5,899	295,543	'	-301,853	-411
Balance, shares at Dec. 31, 2011	58,992,500	'	'	'	'
Forgiveness of shareholder debt	'	'	'	'	'
Net loss for the period	'	'	'	-7,428	-7,428
Balance, value at Dec. 31, 2012	5,899	295,543	'	-309,281	-7,839
Balance, shares at Dec. 31, 2012	58,992,500	'	'	'	58,992,500
Par value adjustment for forward stock split	53,094	-53,094	'	'	'
Forgiveness of shareholder debt	'	'	'	'	'
Net loss for the period	'	'	'	-12,450	-12,450
Balance, value at Dec. 31, 2013	$58,993	$242,449	'	($321,731)	($20,289)
Balance, shares at Dec. 31, 2013	58,992,500	'	'	'	58,992,500

Statements_Of_Cash_Flows

Statements Of Cash Flows (USD $)	12 Months Ended		100 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'	'
Net loss for the period	($12,450)	($7,428)	($321,731)
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	-2,000	'
Increase (decrease) in accounts payable	-1,839	1,689	300
NET CASH USED BY OPERATING ACTIVITIES	-12,289	-7,739	-121,431
CASH FLOWS FROM FINANCING ACTIVITIES	'	'	'
Proceeds from stockholder loan - related party	12,289	7,700	58,490
Repayments of stockholder loan	'	'	5,300
Proceeds from note payable	'	'	5,000
Repayments of notes payable	'	'	5,000
Proceeds from sale of common stock	'	'	68,241
NET CASH PROVIDED BY FINANCING ACTIVITIES	12,289	7,700	121,431
NET INCREASE (DECREASE) IN CASH	'	-39	'
Cash and Cash Equivalents - Beginning	'	39	'
Cash and Cash Equivalents - Ending	'	'	'
Supplemental Cash Flow Information	'	'	'
Cash paid for interest	'	'	'
Cash paid for income taxes	'	'	'
Supplemental Non-Cash Investing and Financing Information	'	'	'
Forgiveness of shareholder debt recorded as contributed capital	'	'	$33,201

Summary_Of_Significant_Account

Summary Of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Summary Of Significant Accounting Policies	'
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-K 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 bank deposits. The carrying amount of financial instruments approximates fair value due to short-term maturities and market interest rates
	Advertising
	The Company expenses advertising and promotions costs as they are incurred.
	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.
	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	12 Months Ended
	Dec. 31, 2013
Going Concern	'
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 $321,731 since inception to December 31, 2013. 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.

Related_Party_Payable_Stockhol

Related Party Payable - Stockholders' Loan	12 Months Ended
	Dec. 31, 2013
Related Party Payable - Stockholders Loan	'
Related party payable - stockholders' loan	'
	NOTE C – RELATED PARTY PAYABLE – STOCKHOLDERS’ LOAN
	During the year ended December 31, 2012, the Company received loan from Service Merchants Corp, a related party totaling $7,700 towards operating expenses. The loans are unsecured, non-interest bearing and due on demand. As of December 31, 2013, $7,700 was due to Service Merchant Corp.
	During the year ended December 31, 2013, the Company received loans from a shareholder of the company through Global Merchant Corp, a related party totaling $11,289 towards various operating expenses. The loans are unsecured, non-interest bearing and due on demand. As of December 31, 2013, $11,289 was due to Global Merchant Corp.
	During the year ended December 31, 2013, the Company received a loan from a shareholder of the company through Sterling Investment Corp, a related party totaling $1,000 towards operating expenses. The loan is unsecured, non-interest bearing and due on demand. As of December 31, 2013, $1,000 was due to Sterling Investment Corp.
	As of December 31, 2013, total related party payable – stockholders loan outstanding was $19,989.

Stockholders_Equity_Deficit

Stockholders' Equity (Deficit)	12 Months Ended
	Dec. 31, 2013
Stockholders Equity Deficit	'
Stockholders' equity (deficit)	'
	NOTE D - STOCKHOLDERS’ EQUITY (DEFICIT)
	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	2,675,000
	Shares issued for cash	5,662,500
	Shares issued for future services	15,000,000
		23,337,500
	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, 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 an increase in the number of shares issued and outstanding from 5,899,250 to 58,992,500 shares. 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 December 31, 2013.

Commitments

Commitments	12 Months Ended
	Dec. 31, 2013
Commitments	'
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	12 Months Ended
	Dec. 31, 2013
Income Taxes	'
Income taxes	'
	NOTE F - INCOME TAXES
	For the year ended December 31, 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 $321,731 at December 31, 2013, and will expire beginning in the year 2025.
	The provision for Federal income tax consists of the following for the years ended December 31, 2013 and 2012:
		2013			2012
	Federal income tax benefit attributable to:
	Current Operations	$	4,233		$	2,526
	Less: valuation allowance		(4,233	)		(2,526	)
	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 December 31, 2013 and 2012:
		2013			2012
	Deferred tax asset	$	109,389		$	105,156
	Valuation allowance		(109,389	)		(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 $321,731 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.

Joint_Venture

Joint Venture	12 Months Ended
	Dec. 31, 2013
Joint Venture	'
Joint venture	'
	NOTE G – JOINT VENTURE
	The Company entered into an Amended and Restated Memorandum of Understanding with Kirida (the “MOU”) on November 12, 2013. The MOU was entered into for the purpose of financing, developing plans and ultimately creating a new jointly owned company to harvest, process, develop, produce and export timber-related products in Papua New Guinea and/or West Africa (“Project”). Under the MOU, the parties will initially seek a permit for a minimum of 100,000 acres with a minimum timber valuation of $25 million.
	Under the MOU, the initial financing (largely generated by the net proceeds of this offering) will be used to complete a Timber Valuation Report and Forestry Management Plan (the “Report”), for certain consulting fees, financing costs, joint venture related costs, investor relation costs and other vendor payments.
	The Report will be produced for the Project by Kirida’s forestry management team in collaboration with B.A. Blackwell & Associates Ltd, a Canadian forestry consultant. Kirida will compile all available Project data, create a Phase 1 report, conduct a site visit to perform timber production & processing review, conduct inventory assessment and finalize a Phase 2 report. To assist Kirida in its services, Kirida will pay Earth Wind and Power Corp (“EWP”), a Canadian consulting firm and shareholder of the Company up to $50,000 upon completion of financing of $5 million or more.
	The Company agreed to use its reasonable best efforts to issue shares of its common stock to raise funds for the Project in three phases: $60,000 for the evaluation phase (Phase 1); $500,000 for the acquisition, design and business plan phase (Phase 2); and $5,000,000 for the production phase (Phase 3). Credex and Kirida will form a new legal entity in a jurisdiction to be determined to own the Project (the “Owner”). Credex will receive 90% of the equity of the Owner. Service Merchants Corp (a majority shareholder of Credex) will receive 10% of the equity of the Owner. Kirida will be entitled to receive up to 42% equity of the Owner upon the Owner acquiring an asset with a minimum value of $25 million.
	The net profits of the Owner will be allocated on a basis of each of its equity holder’s ownership percentage.
	Funds raised through this offering or any financing arranged by Kirida will be deposited in escrow and disbursed for Project costs by the escrow agent as agreed by Kirida and Credex.
	The Project will be terminated and, if applicable, the Owner will be dissolved upon the earliest to occur of: completion of the Project and receipt of all sums due to Credex and Kirida, and payment for all performed and contributed services and/or products in connection with the Project; and/or; the mutual agreement of the parties.
	If either party elects to terminate the MOU before all obligations are completed then the following applies: (a) if Credex elects to terminate the MOU, funds in escrow will be disbursed on a 58-42% basis between Credex and Kirida; (b) if Kirida elects to terminate the MOU, Kirida will pay Credex $50,000 to compensate for the work undertaken by Credex in furtherance of the Project; and (c) if there is an early termination by either of the parties all assets acquired pursuant to the MOU will be split on a 58-42% basis between Credex and Kirida, respectively.
	Kirida will act as a project manager and will be responsible for the operational side of the Project and management and accounting of all financial expenditures and revenue collecting.
	Any dispute arising out of the MOU will be resolved by binding arbitration.

Subsequent_Events

Subsequent Events	12 Months Ended
	Dec. 31, 2013
Subsequent Events	'
Subsequent events	'
	NOTE H - SUBSEQUENT EVENTS
	In accordance with ASC 855-10, the Company has analyzed its operations subsequent to December 31, 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)	12 Months Ended
	Dec. 31, 2013
Summary Of Significant Accounting Policies Policies	'
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-K 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 bank deposits. The carrying amount of financial instruments approximates fair value due to short-term maturities and market interest rates
Advertising	'
	Advertising
	The Company expenses advertising and promotions costs as they are incurred.
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.
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.

Stockholders_Equity_Deficit_Ta

Stockholders' Equity (Deficit) (Tables)	12 Months Ended
	Dec. 31, 2013
Stockholders Equity Deficit Tables	'
Summary of 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 23,337,500 shares as follows:
	Shares issued for cash	2,675,000
	Shares issued for cash	5,662,500
	Shares issued for future services	15,000,000
		23,337,500

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2013
Income Taxes Tables	'
Schedule of provision for federal income tax	'
	The provision for Federal income tax consists of the following for the years ended December 31, 2013 and 2012:
		2013			2012
	Federal income tax benefit attributable to:
	Current Operations	$	4,233		$	2,526
	Less: valuation allowance		(4,233	)		(2,526	)
	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 December 31, 2013 and 2012:
		2013			2012
	Deferred tax asset	$	109,389		$	105,156
	Valuation allowance		(109,389	)		(105,156	)
	Net Deferred Tax Asset	$	0		$	0

Stockholders_Equity_Deficit_De

Stockholders' Equity (Deficit) (Details)	12 Months Ended
	Dec. 31, 2010
Stockholders Equity Deficit Details	'
Shares issued for cash	2,675,000
Shares issued for cash	5,662,500
Shares issued for future services	15,000,000
Increase in shares outstanding	23,337,500

Income_Taxes_Schedule_Of_Provi

Income Taxes (Schedule Of Provision For Federal Income Tax) (Details) (USD $)	12 Months Ended		100 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Income Taxes Schedule Of Provision For Federal Income Tax Details	'	'	'
Federal income tax attributable to current operations	$4,233	$2,526	'
Less: valuation allowance	-4,233	-2,526	'
Net provision for federal income taxes	'	'	'

Income_Taxes_Schedule_Of_Defer

Income Taxes (Schedule Of Deferred Tax Assets) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Income Taxes Schedule Of Deferred Tax Assets Details	'	'
Deferred tax asset	$109,389	$105,156
valuation allowance	109,389	105,156
Net deferred tax asset	'	'

Related_Party_Payable_Stockhol1

Related Party Payable - Stockholders' Loan (Narrative) (Details) (USD $)	12 Months Ended		100 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Proceeds from stockholder loan	$12,289	$7,700	$58,490
Loan amount	19,989	7,700	19,989
Service Merchants Corp	'	'	'
Proceeds from stockholder loan	'	7,700	'
Loan amount	7,700	'	7,700
Global Merchant Corp	'	'	'
Proceeds from stockholder loan	11,289	'	'
Loan amount	11,289	'	11,289
Sterling Investment Corp	'	'	'
Proceeds from stockholder loan	1,000	'	'
Loan amount	$1,000	'	$1,000

Stockholders_Equity_Deficit_Na

Stockholders' Equity (Deficit) (Narrative) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Oct. 27, 2007	Sep. 03, 2005	Sep. 16, 2013
					Common Stock
Common stock authorized, shares	100,000,000	100,000,000	100,000,000	10,000	'
Common stock authorized, per share	$0.00	$0.00	$0.00	$0.10	'
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	'	'	'	'	'
					On September 13, 2013, 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 an increase in the number of shares issued and outstanding from 5,899,250 to 58,992,500 shares. 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 $)	12 Months Ended
	Dec. 31, 2013
Income Taxes Narrative Details	'
Net operating loss carry-forward	$321,731
Operation loss carryforwards terms	'Will expire beginning in the year 2025
Tax effect at the expected rate	34.00%

Joint_Venture_Narrative_Detail

Joint Venture (Narrative) (Details) (Joint Venture - Kirida Resources Inc)	0 Months Ended
	Nov. 12, 2013
	acre
Joint Venture - Kirida Resources Inc	'
Joint venture terms	'
	The Company agreed to use its reasonable best efforts to issue shares of its common stock to raise funds for the Project in three phases: $60,000 for the evaluation phase (Phase 1); $500,000 for the acquisition, design and business plan phase (Phase 2); and $5,000,000 for the production phase (Phase 3). Credex and Kirida will form a new legal entity in a jurisdiction to be determined to own the Project (the “Owner”). Credex will receive 90% of the equity of the Owner. Service Merchants Corp (a majority shareholder of Credex) will receive 10% of the equity of the Owner. Kirida will be entitled to receive up to 42% equity of the Owner upon the Owner acquiring an asset with a minimum value of $25 million.
Minimum permit	100,000
Minimum timber valuation	'25 Million
Joint venture termination terms	'
	If either party elects to terminate the MOU before all obligations are completed then the following applies: (a) if Credex elects to terminate the MOU, funds in escrow will be disbursed on a 58-42% basis between Credex and Kirida; (b) if Kirida elects to terminate the MOU, Kirida will pay Credex $50,000 to compensate for the work undertaken by Credex in furtherance of the Project; and (c) if there is an early termination by either of the parties all assets acquired pursuant to the MOU will be split on a 58-42% basis between Credex and Kirida, respectively.