Finders Policy


HOW TO USE FINDERS ACCOUNT

This is an open-end credit account where you access direct loan or credit facility using Finders after, while you repay the loan or credit facility on a future date via cash transfer or electronic repayment from your debit/credit card on the Payment Due Date at a flat interest on the loan of up to 1% daily...

1. DEFINITION...

In this agreement, the terms: "You", "your", "Customer", and "Borrower" mean the person who applied for this Account and agrees to this Agreement while "We", "us", "our" and "Lender" shall mean One Finance, and following an assignment, any person, company or bank to whom the rights and/or obligations of the Lender have been assigned...

“Account” means the Borrower’s account with the Lender “Disbursement Date” means the date the Lender actually advanced the loan to the Borrower “Payment Due Date” means a maximum of 30 days after the loan has been given “Credit Limit” means the maximum credit available to the Borrower on opening the account with the Lender “Loan” means the amount advanced to the Borrower by the Lender, which shall be no less than N1,000.00 (One Thousand Naira only)...

2. CUSTOMER CONSENT....

By ticking the "I agree to the Terms and Conditions", on the application form, which you hereby adopt as your electronic signature, you consent and agree that:.... 

We can provide materials and other information about your legal rights and duties to you electronically.... 

We are a authorized to share, receive and use data/information collected from your transaction with other affiliated third parties including but not limited to switching companies, mobile network operators, electricity companies, aggregators, credit bureaus, other financial institutions and e-commerce platforms. You hereby expressly consent and authorize us or any of our duly authorized agent or partner to debit your designated salary account, or any other bank account linked to your Bank Verification Number (BVN), for the purpose of repaying the Loan with applicable interest as and when due. To access payroll related offers, you have expressly consented and authorized us to verify your salary details with your employer and/or your employer’s appointed salary processors without further recourse to you... 

Yourelectronic signature on agreements and documents has the same effect as if you signed them using ink on paper or any other physical means.... 

We can send all important communications, billing statements and demand notes and reminders (collectively referred to as "Disclosures") to you electronically via our website or to an email address that you provide to us for while applying for this loan... 

We will alert you when the Disclosures are available, by sending you an electronic communication. Our email will tell you how you can view the Disclosures. We will make the Disclosures available to you from the date it first became available to you, or the date we sent you the email to alert you that it was available. You will be able to print a copy of the Disclosure or download the information for your records....

This consent applies to this transaction, to all future Disclosures on this Account, to all future transactions in which you use the Finders Payment option with us, at any time, and to other Disclosures that we provide to you by email, unless you have, prior to such transaction, withdrawn your consent by the procedure mentioned below....

By consenting, you agree that electronic Disclosures have the same meaning and effect as if we provided paper Disclosures to you as we are required to do so. When we send you an email alerting you that the Disclosures are available electronically and make it available online, that shall have the same meaning and effect as if we provided paper Disclosures to you, whether or not you choose to view the Disclosures, unless you had previously withdrawn your consent to receive Disclosures electronically....

3. TRANSACTION FEE...

The Transaction Fee for the use of the Finders Account shall be up to a flat 1% daily fixed for the term of this loan. The transaction fee does not preclude the Lender from charging default fees, penalty fee and in the event of any dispute arising from these Terms and Conditions - the cost of Litigation/Solicitors' fees.... 

TheTransaction fee may be increased or decreased from time to time by the Lender. Such change in Transaction fee will take effect on the Borrower's account following a minimum of 15 days written notice. Total transaction fee of the term of the loan shall remain applicable in the event of the Borrower liquidating the loan before expiration....