TERMS OF SERVICE
Last updated: 2025
AGREEMENT TO OUR LEGAL TERMS
We are Credit Loop (“Company,” “we,” “us,” “our”), a financial services provider offering a revolving credit line and related financial products (“Services”).
We operate the website https://creditloop.org/ (the “Site”), and any other related services that reference these Legal Terms (collectively, the “Services”).
You can contact us by email at [Insert Email], phone at [Insert Phone Number], or by mail at [Insert Address].
These Legal Terms constitute a legally binding agreement between you (“you,” “Borrower,” or “User”) and Credit Loop regarding your access to and use of our credit services, financial tools, and customer portal.
By accessing or applying for the Services, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY ALL OF THESE LEGAL TERMS.
If you do not agree, you must discontinue use immediately.
We may modify these Legal Terms at any time and will notify you of material changes. Continuing to use the Services after the effective date constitutes acceptance of the updated terms.
The Services are intended for users at least 18 years old. Persons under 18 may not use or apply for the Services.
Please print and retain a copy of these Legal Terms for your records.
1. OUR SERVICES
Credit Loop provides financial services, including a revolving credit line (“Credit Loop Account”), credit score–based approvals, repayment scheduling tools, and related support resources.
Our Services may not be used in any jurisdiction where financial regulations prohibit such use or require licensing that we do not hold. Users accessing from outside our service area do so at their own risk and are responsible for following local laws.
We do not provide services that fall under highly regulated categories unless explicitly stated (e.g., banking, mortgage lending, securities investment). You may not use the Services in violation of lending laws, anti–money laundering rules, or the Gramm-Leach-Bliley Act (GLBA).
2. INTELLECTUAL PROPERTY RIGHTS
All content provided through the Site or Services—including software, tools, algorithms, scoring logic, trademarks, and educational materials—are our exclusive property unless stated otherwise.
You receive a limited, non-transferable license to access and use the Services for your personal financial use only.
You may not reproduce, distribute, or commercially exploit any of our content without written permission.
Any breach of this section results in immediate termination of access.
3. USER REPRESENTATIONS
By using the Services, you represent and warrant that:
- All information submitted in your credit application is accurate and complete.
- You will maintain accurate contact and financial information.
- You have legal capacity to enter into a credit agreement.
- You are not under the age of 18.
- You will not use automated means to access the system.
- You will not use the Services for fraud, identity theft, or unlawful financial activity.
- Your use complies with all applicable financial and consumer-protection laws.
We may suspend or terminate your account if you provide inaccurate or fraudulent information.
4. USER REGISTRATION
You may be required to create an account to apply for or manage credit.
You agree to keep your login credentials confidential and are responsible for all activity under your account.
We may reject or modify usernames at our discretion.
5. CREDIT PRODUCTS
The availability of credit products depends on eligibility, underwriting, and regulatory requirements.
Credit Loop reserves the right to:
- decline any application,
- modify available credit limits,
- suspend access, or
- discontinue products at any time.
Interest rates, fees, credit limits, and repayment schedules will be disclosed in writing through your Credit Agreement or Offer Letter.
6. APPLICATIONS, APPROVALS & PAYMENTS
By submitting an application:
- You authorize us to verify identity and run credit checks.
- You agree to provide accurate financial information.
- You consent to electronic communications.
Payments must be made according to the repayment schedule disclosed in your Credit Agreement.
Late payments may result in additional fees, interest, and collections activity.
We reserve the right to correct errors in pricing, calculations, or charges even after payment has been processed.
7. SUBSCRIPTIONS (IF APPLICABLE)
If your Credit Loop account includes subscription-based services (monitoring tools, premium access, etc.):
- Subscriptions do not auto-renew unless explicitly stated.
- We will notify you before renewal.
- You may cancel anytime; cancellation takes effect after your current billing cycle.
8. REFUND POLICY
All credit decisions, service fees, and subscription payments are final.
No refunds will be issued unless required by law.
9. PROHIBITED ACTIVITIES
You agree NOT to:
- Provide fraudulent financial information
- Commit or attempt identity theft
- Misuse credit for illegal purposes
- Interfere with system security
- Engage in chargeback abuse
- Circumvent underwriting rules
- Use bots or scraping tools
- Harass team members or support staff
- Attempt unauthorized access to other users’ accounts
Violation may result in termination, legal action, and reporting to credit bureaus or law enforcement.
10. USER GENERATED CONTRIBUTIONS
If the Services allow users to submit reviews, comments, or uploaded documents, you are responsible for your content and must comply with applicable laws.
11. CONTRIBUTION LICENSE
By submitting feedback or suggestions, you grant us the right to use them without compensation.
12. SERVICES MANAGEMENT
We reserve the right to monitor activity, suspend accounts, block access, or remove harmful content to protect the Services.
13. PRIVACY POLICY
Your data is handled according to our Privacy Policy located at:
[Insert Privacy Policy Link]
By using the Services, you consent to data processing in the United States (or region where the servers are located).
14. TERM AND TERMINATION
We may suspend or terminate your account at any time for:
late or missed payments, fraud, regulatory violations, or breach of these Legal Terms.
If terminated, you may not create a new account without written approval from Credit Loop.
15. MODIFICATIONS & INTERRUPTIONS
We may modify or discontinue portions of the Services at any time without notice.
We are not responsible for downtime, system errors, or service interruptions.
16. GOVERNING LAW
These Legal Terms are governed by the laws of [Insert State], without regard to conflict-of-law principles.
17. DISPUTE RESOLUTION
Disputes must first be addressed through informal negotiation for 30 days.
If unresolved, disputes will be handled through binding arbitration under applicable arbitration rules.
Class actions and jury trials are waived to the extent permitted by law
18. CORRECTIONS
We may correct errors or update information at any time without notice.
19. DISCLAIMER
Services are provided AS-IS without warranties of any kind.
We do not guarantee credit approvals, uninterrupted services, or error-free operation.
20. LIMITATIONS OF LIABILITY
To the fullest extent permitted by law:
We are not liable for indirect, incidental, or punitive damages.
Our total liability will not exceed the amount paid by you in the previous 6 months.
Some states may not allow certain limitations, and those limits may not apply to you.
21. INDEMNIFICATION
To the fullest extent permitted by law:
We are not liable for indirect, incidental, or punitive damages.
Our total liability will not exceed the amount paid by you in the previous 6 months.
Some states may not allow certain limitations, and those limits may not apply to you.
22. USER DATA
You are responsible for backing up your documents and account information.
We are not liable for data loss or corruption.
23. ELECTRONIC COMMUNICATIONS & SIGNATURES
You consent to electronic signatures, credit agreements, notices, and disclosures.
Electronic communications satisfy all legal requirements for written communication.
24. MISCELLANEOUS
You consent to electronic signatures, credit agreements, notices, and disclosures.
Electronic communications satisfy all legal requirements for written communication.
25. CONTACT US
For support, questions, or complaints, contact:
Credit Loop
[Insert Address]
[Insert Phone]
[Insert Email]
YOUR TRUSTED PARTNER IN BUILDING STRONGER CREDIT, ONE STEP AT A TIME.
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