Terms of Use
Welcome to Naira Loan ("we", "our", "us"). These Terms of Use ("Terms") govern your access to and use of our website and any related services (the "Service"). By using our Service, you agree to comply with and be bound by these Terms. If you do not agree with these Terms, you should not use our Service.
1. Eligibility
You must be at least 18 years old and legally capable of entering into binding contracts to use our Service. By using our platform, you confirm that you meet these requirements.
2. Loan Services
Naira Loan provides users access to personal loan products subject to credit evaluation, regulatory compliance, and lender approval. We do not guarantee loan approval or specific terms.
3. User Responsibilities
By using our Service, you agree to:
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Provide accurate and complete personal, financial, and contact information.
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Use the Service only for lawful purposes.
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Maintain the confidentiality of your account credentials.
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Not use the platform to transmit any harmful, defamatory, or illegal content.
4. Intellectual Property
All content on this website—including logos, text, graphics, and software—is the property of Naira Loan or our licensors and is protected by copyright and trademark laws. Unauthorized use is prohibited.
5. Privacy
Your use of the Service is also governed by our Privacy Policy, which explains how we collect, use, and protect your personal information. By using the Service, you consent to our data practices as described therein.
6. Third-Party Links
Our Service may contain links to third-party websites. We do not endorse or assume any responsibility for the content or practices of such sites. Your use of third-party services is at your own risk.
7. Limitation of Liability
To the maximum extent permitted by law, Naira Loan shall not be liable for any direct, indirect, incidental, special, or consequential damages arising from your use of or inability to use the Service.
8. Termination
We reserve the right to suspend or terminate your access to the Service at any time, with or without notice, for conduct that violates these Terms or is otherwise harmful to our business or users.
9. Changes to Terms
We may update these Terms from time to time. If we make material changes, we will notify you via email or through our website. Your continued use of the Service after any changes constitutes your acceptance of the new Terms.
10. Governing Law
These Terms shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria. Any disputes shall be subject to the exclusive jurisdiction of the courts of Nigeria.
11. Loan Repayment and Default
a. Repayment Obligations
By accepting a loan through our platform, you agree to repay the full amount borrowed, including applicable interest and fees, according to the repayment schedule provided to you at the time of loan approval.
b. Late or Missed Payments
Failure to remit payments on or before the due date may result in:
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Late fees or penalty interest being applied to your outstanding balance.
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Suspension of access to future loan offers or services provided through the Naira Loan platform.
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Engagement of third-party recovery agents or legal action to recover outstanding balances.
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Deductions from linked accounts or payment channels as authorized at sign-up.