TERMS & CONDITIONS
Introduction Welcome to Advance Finance Loan/Investment Company (“we,” “us,” “our”). These Terms and Conditions (“Terms”) govern the use of our services, including loans, investments, and any related financial services provided through our platform. By accessing or using our website and services, you agree to comply with and be bound by these Terms. If you do not agree with these Terms, you should not use our services. 1. Definitions Services: The financial products and services offered by Advance Finance Loan/Investment Company, including but not limited to loans, investments, and financial consultation. User: Any individual or entity that accesses or uses our services, including potential loan applicants, investors, and clients. Agreement: The agreement between you and Advance Finance for the use of our services, which is governed by these Terms and our Privacy Policy. 2. Loan and Investment Services 2.1 Loans We provide various loan products, including personal loans, business loans, and other financial solutions. Loan approval is subject to credit evaluation, and all terms and conditions associated with each specific loan product will be communicated at the time of application. Eligibility: To be eligible for a loan, you must meet our credit and financial criteria, which include age, income, employment status, and other factors determined by our credit policies. Repayment: Loan repayment terms, including interest rates, repayment schedules, and penalties for late payments, will be outlined in the loan agreement. 2.2 Investments Advance Finance also offers investment opportunities in diversified portfolios. By participating in any investment program, you agree to the terms specified for each investment product, including risk factors, return rates, and duration. Risk Acknowledgment: Investments carry inherent risks, including the potential for financial loss. You must assess your risk tolerance before committing to any investment product. 3. User Responsibilities 3.1 Accurate Information You agree to provide accurate, truthful, and complete information when applying for loans or investments. Any false or misleading information may result in the rejection of your application or termination of services. 3.2 Financial Responsibility By using our loan or investment services, you acknowledge your financial responsibilities, including repaying loans on time and managing investments according to your risk appetite. 3.3 Compliance with Laws You agree to comply with all applicable laws and regulations in your jurisdiction, including those related to financial transactions, tax obligations, and data protection. 4. Interest Rates and Fees The interest rates for loans and returns for investments are based on the specific financial product chosen and may vary depending on factors such as credit score, market conditions, and loan/investment amount. You will be provided with a detailed breakdown of applicable fees, interest rates, and repayment terms before finalizing your loan or investment agreement. Late Fees: Failure to make timely payments may result in additional fees or charges. Please review the loan agreement for a full schedule of late fees and penalties. Early Repayment Fees: If applicable, early repayment of loans may incur prepayment fees, as outlined in the loan agreement. 5. Confidentiality and Data Protection We are committed to protecting your personal and financial data. By using our services, you consent to the collection, use, and processing of your personal information in accordance with our Privacy Policy. We employ secure measures to safeguard your information and comply with data protection laws. 6. Limitation of Liability Advance Finance Loan/Investment Company shall not be held liable for any direct or indirect damages arising from the use of our services, including but not limited to financial loss, data breaches, or business disruptions. By using our services, you agree to indemnify and hold us harmless from any claims, losses, or damages incurred. 7. Dispute Resolution In the event of a dispute, you agree to resolve the matter through alternative dispute resolution (ADR), such as mediation or arbitration, before pursuing any legal action. ADR processes are intended to provide a cost-effective and timely resolution to conflicts. Jurisdiction: These Terms and any disputes arising from the use of our services shall be governed by the laws of Birmingham Circuit Commercial Court and subject to the exclusive jurisdiction of the courts located therein. 8. Changes to Terms and Conditions Advance Finance reserves the right to amend, modify, or update these Terms at any time. Any changes will be communicated to users via email or through our website. Your continued use of our services after such changes constitutes your acceptance of the updated Terms. 9. Account Termination We reserve the right to suspend or terminate your access to our services if you violate these Terms, fail to make payments, or engage in fraudulent or unethical behavior. In case of termination, you remain responsible for any outstanding obligations. 10. Governing Law These Terms are governed by and construed in accordance with the laws of Birmingham Circuit Commercial Court. You agree to submit to the exclusive jurisdiction of the courts of The High Court of Birmingham for any legal proceedings.