Loan Application: Terms & Condition

Please read and agree to the following terms before proceeding with your loan application.

1. Loan Repayment Conditions

The borrower agrees to repay the loan amount plus interest according to the agreed-upon schedule. Failure to make timely payments may result in additional fees and negatively impact your credit score.

2. Consequences of Non-Payment

In the event of non-payment, the lender reserves the right to initiate collection proceedings, which may include legal action. The borrower will be responsible for any additional costs incurred in the collection process.

3. Privacy and Data Usage Policy

By submitting a loan application, you consent to the collection, use, and sharing of your personal information as outlined in our Privacy Policy. This includes credit checks and verification of provided information.

4. Legal Obligations

Both the borrower and lender are bound by the terms of this agreement. The borrower is responsible for providing accurate information, while the lender commits to fair lending practices in accordance with applicable laws and regulations.