1. The Customer Agrees And Allows SM Investments Corporation To Receive Information Related To The Agreement Loan Agreement And Documents Related To The Loan Agreement.SM Investments Corporation Is Allowed To Disclose To Any Third Party Any Information Relating To The Customer And /Or Related In Connection With The Contract, Loan Agreement And /Or Other Relevant Documents At Any When Is SM Investments Corporation Decision Right And Necessary? Without Obtaining The Consent Of The Customer. Customer Agrees That The Foregoing Information May Be Used, Encrypted, Transmitted And Stored By SM Investments Corporation And Its Management Company, Its Branches, Subsidiaries And Member Companies Other Assets Of SM Investments Corporation.
2. Customer Commits And Confirms That All Information, Data, Documents That Customer Goods Supplied To Under The Provisions Of This Contract Are Under The Management Of Legal Use, Use And Possession Of The Customer; True; Correct On All Facets And No Information Is Hidden And Personal Loan Maximum Approval Limit Is Not More Than 5 Times Of Income.
3. When an online borrower has no collateral, the lender assumes the risk of the loan and the borrower must provide the company with their financial status to prove its ability to repay the debt in the future. Borrower will withdraw the full loan amount
4. According To The Qualification Of Each Applicant And Or Setting A Credit Limit And Or The Interest Rate Received Depend On The Loan Application Document And Or The Terms And Conditions Within SM Investments Corporation, However, Any Such Approval Shall Be At The Discretion Of The Company.
5. Regardless Of Any Or All Installments, The Company Has The Right To Collect Interest During The Default Period, Rate At The Company Deemed Appropriate, But Not Exceeding The Maximum Rate As The Company Has The Right To Collect Legally And You Will Still Be Charged A Debt Collection Fee At The Rate Of Accounting Cycle.
6.Borrowers Can Know The Preliminary Approval Results When Submitting A Loan Application.
7.Interest Rates (Fixed Interest Rate), Fines, Service Charges Or Any Fees. Total Not More Than 24% Per Year (Decrease The Interest Rate Since The Beginning) In The Case Of Having A Car Registration As Insurance.
8.If Party B has been approved for the loan and Party B wishes to cancel the contract through the online platform, Party B needs to pay a contract termination fee of 10% of the approved loan. If the Borrower fails to comply with the conditions of this contract, the Borrower shall be responsible for all losses suffered by the Lender due to such breach of contract. Includes all charges for warnings, default charges and damages. Both parties have always read and understood the content of the contract and signed it accordingly, this agreement will have legal effect as an agreement between the two parties
9.Total Amount Of The Loan And Installment Repayment Is Not More Than 24% Per Year.8.The Company Reserves The Right To Use The Company S Internal Rules And Policies Approving The Credit Line, Or Reject The Can Request Including The Approval Of Special Interest Rates However, If It Is Found That The Borrower S Qualifications Do Not Meet The Criteria And Conditions That The Company Set Forth At Any Time And For Any Reason The Borrower Agrees To Allow The Company Have The Right To Change The Interest Rate Includes The Credit Line Usage Fee That The Borrower Will Have To Pay To The Company. The Interest Rate Includes Such Fees Shall Not Exceed The Maximum Rate Required By Law.
10.The Customer Will Not Make Any Claim Against Insurance Of Any Claim For Any Loss Of Any Nature Which Substance Is Due To SM Investments Corporation Unilaterally Terminating The Contract According To The Terms Of This Agreement.
11.Debt Collection Expense Of The Installment Repayment By Bank Deposit Or Accounting Cycle.