Terms of Service
Permission to gather/verify data
You give loans on demand permission to verify the information you provided to us in this application. We may also use the information you provided to gather additional data related to your loan application. This information may come from a number of sources, including consumer reporting agencies and sources named in this application, and may be shared with our employees, affiliates, vendors, partners and third parties as required to offer you a loan. If we give you a loan and you consent to withdrawals for loan payments, we will use the bank account information you give us to process those payments.
Important information about procedures for opening a new account
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents, and we may use this information to verify your identity or other information you provide.
Collection and use of bank account information:
If we extend credit to a consumer, we will consider the bank account information provided by the consumer as eligible for us to process payments against. In addition, as part of our information collection process, we may detect additional bank accounts under the ownership of the consumer. We will consider these additional accounts to be part of the application process.
Credit reporting disclosure
We may make inquiries concerning your credit history and standing and may report information concerning your performance including, but not limited to, missed payments, or other defaults, to credit reporting agencies. Missed payments or other defaults on your loan may be reflected in your credit report.
Certification and release
By consenting to these terms, you certify that the information you provide to loans on demand is true, complete, and correct. You authorize loans on demand, its authorized representatives, servicers, and/or assignee's to verify the information by contacting any of the persons or firms listed by you. You fully release all parties from claims of damage that may arise out of or relate to any such contacts. Any false information submitted by you shall be sufficient reason for denial of your request for credit services.
Accuracy of your account information
In keeping with reasonable industry standards, we have procedures to ensure that your financial information is accurate, current, and complete. If you believe our records contain inaccurate or incomplete information about you, please notify us. We will investigate your concerns and correct any information we determine to be inaccurate.
Contact and marketing preferences
Loans on demand may contact you by several methods, including but not limited to, electronic mail to any email address you provide; regular postal mail to any address we have on file; calling you at any number you provide to us with an autodialer or pre-recorded message, and text messaging or via other mobile communications method if you have provided your mobile telephone number to us. We may use one or all of these methods to contact you about your loan or application; inform you of promotions, savings, and/or services we believe may interest you; remind you of upcoming payments, and to communicate with you regarding collections and other loan-related issues.
It is your responsibility to update your contact information. If we are unable to reach you using the contact information we have, we may reach out to third-parties to obtain updated contact information for you. You authorize loans on demand and its authorized representatives to call you using a predictive dialer or other automated telephone dialing device during reasonable hours at any of the phone numbers you provide to us by pre-recorded message or live representative.