1. Acceptance of Terms

1.1 Welcome to LoanNow, a mobile application ("App") provided by PROSPERITY LENDING LIMITED. Your use of LoanNow is subject to the terms and conditions outlined in this User Service Agreement ("Agreement"). By accessing or using the App, you agree to be bound by these terms.

1.2 If you do not agree with any part of the terms, you may not use the App.

2. Loan Services

2.1 LoanNow is a platform that facilitates loan applications and provides related financial services. Users can apply for loans through the App, subject to approval based on predefined criteria.

2.2 Loan terms, including interest rates, repayment schedules, and other relevant details, will be disclosed to the user during the loan application process.

3. User Registration and Account

3.1 Users must provide accurate, truthful, and complete personal information during the registration process.

3.2 Users are responsible for maintaining the confidentiality of their account credentials and should not share their account password or other sensitive information.

3.3 Users are required to promptly update their personal information to ensure its accuracy.

4. Loan Application and Terms

4.1 Users may apply for loans through the LoanNow App. Upon approval, users are required to adhere to the terms and conditions specified in the loan agreement.

4.2 Users acknowledge and agree to the terms of the loan, including interest rates and repayment terms, as disclosed during the application process.

5. User Responsibilities and Obligations

5.1 Users warrant that the information provided is true, accurate, and complete, and they will update it promptly if there are any changes.

5.2 Users agree not to engage in illegal activities through LoanNow, including but not limited to fraud or abuse of credit.

6. Privacy Policy

6.1 LoanNow respects user privacy. For information on how personal data is handled, please refer to our Privacy Policy.

7. Changes to Service and Termination

7.1 LoanNow reserves the right to adjust or terminate services based on business needs, with reasonable notice to users.

7.2 Users may terminate their use of the LoanNow App at any time, but they remain obligated to fulfill any outstanding obligations, including loan agreements.

8. Disclaimer of Liability

8.1 LoanNow is not liable for any losses or damages incurred by users as a result of using the App.

9. Contact Information

9.1 For any questions or concerns, please contact us at [email protected].

10. Amendments to the Agreement

10.1 LoanNow reserves the right to modify this Agreement at any time, and such changes will be communicated within the App. Users are responsible for reviewing the Agreement regularly.

11. Governing Law and Dispute Resolution

11.1 This Agreement is governed by the laws of Nigeria. Any disputes arising out of or related to this Agreement shall be submitted to the jurisdiction of the relevant courts.

Conclusion

Thank you for using LoanNow. By using the App, you indicate that you have read, understood, and agreed to all terms of this Agreement. If you have any questions, please feel free to contact us.