Terms of Use

Our goal is to make this process as quick and painless as possible. Please take the time to read our terms and conditions and policies.

Arbitration Provision and Waiver of Jury Trial: Our policy is to arbitrate all disputes with customers which cannot be resolved informally, including the scope and validity of this arbitration provision (the "Arbitration Provision") and your waiver of any right to participate in an alleged class action. In any event, you waive all rights to a trial by jury of your claims. Arbitration is a process in which persons with a dispute: (a) waive their rights to file a lawsuit and proceed in a court; and (b) agree, instead, to submit their disputes to a neutral third person (an "arbitrator") for a decision. Each party to the dispute has an opportunity to present evidence to the arbitrator. Arbitration proceedings are less formal than court trials, and are to allow for an efficient, streamlined procedure to resolve a dispute. The arbitrator will issue a final and binding decision resolving the dispute, which may be enforced as a court judgment.

You and We agree that any and all claims, disputes or controversies arising under the laws of the British Virgin Islands or pursuant to a federal, state, or local constitution, statute, ordinance, rule, regulation, common law or otherwise between You and Us (including employees, officers, directors, agents, assigns and related third parties of You or Us), including but not limited to any claims arising from or relating to this Loan, or any other loan You previously or may later obtain from Us, regarding collection of the Loan, or alleging fraud or misrepresentation or any other claim, shall be resolved by binding arbitration. You and We shall mutually select any established nationally, regionally or locally recognized arbitration organization, or any disinterested individual who is an attorney, retired judge, or arbitrator registered and in good standing with an arbitration association, and arbitrate pursuant to such arbitrator's rules with regard hereto All parties to such dispute will be governed by the rules and procedures of such arbitration organization or individual arbitrator applicable to consumer disputes, to the extent those rules and procedures do not contradict the express terms of this Agreement or the Arbitration Provision, including the limitations on the arbitrator below. You may obtain a copy of the rules and procedures by contacting the arbitration organization or individual arbitrator chosen.

Each party shall bear his or her own fees and expenses. The arbitrator shall apply the laws of the British Virgin Islands consistent with the FAA, and applicable statutes of limitation, and shall honor claims of privilege recognized by the laws of the British Virgin Islands. The arbitration hearing will be conducted at a mutually agreed location. The arbitrator may not allow you to serve as a representative, as a private attorney general, or in any other representative capacity for others in the arbitration. Your claims will be determined by the arbitrator on an individual basis with you. In conducting the arbitration proceeding, the arbitrator shall not apply any federal or state rules of civil procedure or evidence. If allowed by the laws of the British Virgin Islands, the arbitrator may award statutory damages and/or reasonable attorneys' fees and expenses. At the timely request of any party, the arbitrator shall provide a written explanation for the award. The arbitrator's award may be filed with any court having jurisdiction.

This Arbitration Provision is made pursuant to a transaction involving interstate commerce and shall be governed by the Federal Arbitration Act (the "FAA"). If a final non-appealable judgment of a court having jurisdiction over this transaction finds, for any reason, that the FAA does not apply to this transaction, then Our agreement to arbitrate, and all other terms of this Agreement, shall be governed by the laws of the British Virgin Islands.

This Arbitration Provision is binding upon and benefits You, Your respective heirs, successors and assigns. This Arbitration Provision is binding upon and benefits Us, our successors, and assigns and all related third parties. This Arbitration Provision survives any cancellation, termination, amendment, expiration or performance of any transaction between You and Us and continues in full force and effect. If any of this Arbitration Provision is held invalid, the remainder shall remain in full force and effect.

Agreement Not To Bring, Join Or Participate In Class Actions: To the extent permitted by law, You agree that You will not bring, join, or participate in any class action claim, dispute or controversy You may have against Us or Our agents, directors, officers, and employees or any related third parties. You agree to the entry of injunctive relief to stop such a lawsuit. You agree to pay costs We incur, including Our costs and attorney’s fees in seeking such relief. This agreement is not a waiver of any of Your rights and remedies to pursue any claim as provided above.

Payment Policy: Please refer to your loan agreement for payment due dates. You have the right to rescind the amount borrowed hereunder without incurring any fee if the amount borrowed, in full, is returned to us on or before the close of business on the business day following the Disbursement Date. In addition to Your Right of Rescission, You may prepay in full, at any time, the amount due and will not incur an additional charge, fee or penalty. The Finance Charge (as set forth in the Truth-In-Lending Disclosures) is earned on a daily basis from the Disbursement Date to the date of prepayment. The daily rate will be calculated by taking the Finance Charge and dividing it by the number of days in the loan. No refund or credit of an amount less than $1.00 will be made.