1. Customer Promises and Acknowledgments
Customer undertakes and acknowledges that all information, data and documents provided under the terms of this Agreement will be managed for Customer’s lawful use, use and possession. To do. They are true, correct in every way, and there is no hidden information. The maximum approval limit for personal loans does not exceed five times the customer’s income.
 
2. Customer Consent and Consent
The Customer consents and authorizes the Loan Company to receive information related to the loan agreement and related documents. If the lending company deems it necessary, the lending company may, at its discretion, disclose information about customers, contracts, loan agreements, and other related documents to third parties. The above information may be used, encrypted, transmitted and stored by the Lending Company and its management, branches, subsidiaries and member companies.
 
3. Application Qualifications and Credit Limits
Each applicant’s qualifications and credit limit or interest rate settings vary depending on the loan application documents and the financial company’s terms and conditions. However, such approval shall be at our discretion.
 
4. Interest and Debt Collection
The Company reserves the right to collect interest during any period of default at a rate it deems appropriate, not exceeding the maximum rate permitted by law. In addition, the borrower is charged a debt collection fee at the accounting cycle rate.
 
5. Preliminary Approval Results
Borrowers can know the preliminary approval results when applying for a loan.
 
6. Interest and Fees
Interest (fixed rate), penalties, service charges and other charges may not exceed 24% per year. If you register your car as insurance, you should get a lower interest rate from the start.
 
7. Cancellation and Breach of Contract
If party B wishes to cancel the contract through the online platform after the loan has been approved, he must pay a cancellation fee of 30% of the approved loan. If the Borrower fails to comply with the terms of this Agreement, the Borrower shall be liable for all losses incurred by the Lender as a result of such breach, including all costs for warnings, defaults and damages. Both parties read and understand the content of the contract and sign it accordingly, establishing legal effect as an agreement between the parties.
 
8. Ensuring Financial Security in Bank Approvals
If the borrower is unable to provide proof of income and meet the loan requirements, they will be required to make a collateral amount equivalent to approximately 5% of the loan amount. This collateral amount demonstrates the borrower’s capacity to repay the loan, thus necessitating an assessment of the borrower’s financial liquidity.
 
9. Amounts Borrowed and Repayments
The total amount of loans and installments cannot exceed 24% per annum.
 
10. Company Rights and Borrower Agreements
The Company reserves the right to approve credit facilities or deny requests using its internal rules and policies, including the approval of special interest rates. If the Borrower’s qualifications do not meet the standards and conditions established by the Company, the Borrower agrees that the Company may change the interest rate, including credit line charges, at any time and for any reason. Interest rates, including such fees, shall not exceed the maximum interest rate required by law.
 
11. Insurance Claims
Based on these terms and conditions, the customer may not claim insurance claims for damages caused by the loan company’s unilateral cancellation of the contract.
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12. Debt Collection Costs
Debt collection costs associated with installment repayments are paid by bank deposit or accounting cycle.