Terms & Conditions
1. Eligibility
Applicants must be at least 18 years of age.
Applicants must provide accurate and complete personal and financial information.
Loan approval is subject to verification of eligibility criteria and creditworthiness.
2. Loan Application & Approval
Submission of an application does not guarantee loan approval.
Approval is based on credit history, income, repayment capacity, and other internal assessments.
We reserve the right to reject any application without providing a reason.
3. Interest Rates & Charges
Interest rates, processing fees, and other charges will be clearly mentioned at the time of application.
All applicable taxes, fees, and charges are the responsibility of the borrower.
4. Repayment
Borrowers must repay the loan according to the agreed schedule.
Late payments may attract additional interest or penalties as per the loan agreement.
Partial repayment, prepayment, or foreclosure is subject to terms specified in the loan agreement.
5. Use of Loan Amount
The loan must be used for the purpose specified in the application.
Misuse of funds may result in legal action or recall of the loan.
6. Privacy & Data Use
We collect and use personal information as outlined in our Privacy Policy.
By applying for a loan, you consent to the processing of your information for verification and loan processing purposes.
7. Liability
[Your Company Name] is not responsible for any indirect or consequential losses arising from the use of our services.
The borrower is solely responsible for providing accurate information and repaying the loan.
8. Changes to Terms
We reserve the right to modify these Terms and Conditions at any time.
Changes will be posted on the website with the updated effective date.