Terms and Conditions

1. Introduction

These Terms and Conditions ("Agreement") govern the relationship between FundSwift Inc ("Lender," "We," "Us," or "Our") and the borrower ("Borrower," "You," or "Your") regarding loan services provided. By applying for or accepting a loan, you agree to be bound by these terms.

2. Loan Application & Approval

- Eligibility: You must meet our credit, identity, and income verification criteria.

- Accuracy: All information provided must be truthful; false statements may result in rejection or legal action.

- Approval: Loan approval is subject to underwriting review, and we reserve the right to deny applications without explanation.

3. Loan Terms & Disbursement

- Principal Amount: The approved loan amount will be specified in your agreement.

- Interest Rate & Fees: Rates, APR, and applicable fees (processing, late payment, etc.) will be disclosed before acceptance.

- Repayment Schedule: You agree to repay the loan in fixed installments as outlined in your loan agreement.

- Disbursement: Funds will be transferred to your designated account within the stated timeframe (subject to verification).

4. Borrower’s Responsibilities

Timely Repayment: You must make payments on or before the due date.

- Account Security: You are responsible for safeguarding login credentials and reporting unauthorized transactions immediately.

Communication: Notify us of any changes in contact details or financial status.

5. Late Payments & Default

- Late Fees: A penalty may apply for overdue payments (as per your loan agreement).

- Default: Failure to repay may lead to additional charges, credit reporting, or legal recovery actions.

- Collections: We may engage third-party agencies to recover unpaid debts.

6. Prepayment & Refinancing

- Early Repayment: You may pay off the loan early, subject to any prepayment fees (if applicable).

- Refinancing: Available options will be communicated based on eligibility.

7. Transfer Fees for Loan Disbursement

- Applicable Fee: A non-refundable transfer fee of 2.5% of the disbursed loan amount ("Transfer Fee") will be charged before funds are released. This fee is imposed by the financial institution processing the transfer and is not retained by FundSwift Inc .

- Payment Responsibility: The Borrower must pay the Transfer Fee in advance before the loan amount can be disbursed. Failure to pay this fee will result in a delay or cancellation of the transfer.

- No Profit to Lender: The Transfer Fee is solely a banking charge; the Loan Company does not profit from this fee.

- Disbursement Process: Once the Transfer Fee is received and verified, the approved loan amount (minus any applicable fees) will be credited to the Borrower’s designated account within the agreed timeframe.

8. Privacy & Data Security

- We collect and process personal data per our Privacy Policy and applicable laws (e.g., GDPR, CCPA).

- Your information may be shared with credit bureaus, regulators, or partners for verification and compliance.

9. Dispute Resolution & Governing Law

- Disputes: Any disagreements shall first be resolved via negotiation or mediation.

- Jurisdiction: This Agreement is governed by the laws of United States.

10. Amendments & Termination

- We may modify these terms with prior notice; continued use constitutes acceptance.

- We reserve the right to terminate services for violations or fraud.

11. Limitation of Liability

- We are not liable for indirect damages (e.g., lost profits) arising from loan services.

- Force majeure events (e.g., natural disasters) may delay obligations.

12. Consent to Electronic Communications

- You agree to receive disclosures, statements, and notices electronically via email or our platform.

13. General Provisions

- Severability: If any clause is deemed invalid, the rest remain enforceable.

- Waiver: Failure to enforce a right does not constitute a waiver.

By accepting a loan, you acknowledge reading, understanding, and agreeing to these Terms.