Welcome to www.loansnest.com. Prior to using this site or accessing any data on the Loansnest platform, please carefully review the following rules that govern your use of the site. Please also read our Privacy Policy regarding the information that you provide us.
These Terms and Conditions of Use (“Terms of Use”) apply to
loansnest.com and owned, operated, licensed, and controlled by
NestVested Limited, as well as to associated Loansnest sites linked
to this site and to Loansnest’s mobile device-enabled website
content and mobile application (collectively , the “Site”, “we,”
“us,” “our.”) and the products and services offered thereunder. The
Site is the property of “Nestvest” which consists of Loansnest and
their respective subsidiaries, affiliates, agents, successors, and
assignees. If you do not agree to the terms without limitation, you
should exit this site immediately. By using this website, you are
entering into a legal agreement to abide by the terms of use here
and you are agreeing that you have read and fully understand these
terms.
The Terms of Use and the Privacy Policy referred to apply to your
use our Site. Your use of our Site means that you consent to the
terms and conditions of our Privacy Policy and you warrant that all
of the data you provide to us is accurate, true and complete.
These Terms of Use along with the existing terms and conditions
between you and Loansnest constitute the entire agreement between
you and Loansnest. If there is any inconsistencies between these
Terms of use and any other existing terms and conditions, as it
relates to this Site these Terms of Use shall prevail.
We reserve the right at our sole discretion, to change, modify, add or remove portions of these Terms of Use and our Privacy Policy, at any time. If any changes are made, we will indicate the changes at the top of this page. Such changes will become effectively immediately upon posting on the Site. You understand and agree that your continued use of the service or the Site after we have made any such changes constitutes your acceptance to the new Terms of Use.
We allow you access to our Site on a temporary basis. We reserve the
right amend or withdraw the services we provide to you without
notice. There is no guarantee that our Site will always be
available, or that there will not be interruptions to our Site from
time to time. We will not be liable for any reason if our Site
becomes unavailable at any time for any period.
So long as you are in compliance with all of our Terms of Use and
our Privacy Policy, we grant you permission to use our Site. You are
only permitted to use our Site for your personal use. You are not
permitted to resell or charge others for use of or access to our
Site. You are not permitted to transfer, give access to copy,
distribute or duplicate any part of our Site without our prior
written consent. We reserve the right to withdraw our permission for
you to utilize this Site at any time.
This Site is intended solely for Users who, if they are a natural
person, are eighteen (18) years of age or older, and any
registration by, use of or access to the Site by any natural person
under 18 is unauthorized, unlicensed and in violation of these Terms
of Use. By using the Service or the Site, you represent and warrant
that, if you are a natural person, you are 18 or older and that you
agree to and will abide by all of the terms and conditions of these
Terms of Use. If you violate any of these Terms of Use, or otherwise
violate an agreement between you and us, we may terminate your
account, delete your profile and any content or information that you
have posted on the Site and/or prohibit you from using or accessing
the Service or the Site (or any portion, aspect or feature of the
Service or the Site), at any time in its sole discretion, with or
without notice, including without limitation if it believes that you
are under 18.
Unauthorized use of the Site, including unauthorized access of our
systems and misuse of passwords or Site information is strictly
prohibited. If you violate any of these Terms of Use or any other
agreement between you and us, then we may restrict, suspend, or
terminate your access to any portion or all of the Site without
notice.
To subscribe to the services we provide through our Site, you must
meet our eligibility criteria.
To be eligible as a borrower you must:
If you meet all of the criteria above you will be permitted to set up an account and complete a loan application. As part of our loan consideration process we may:
All loan applications are considered on a case-by-case basis. We reserve the right to decline a loan application, without explanation, for any reason whatsoever. If we approve your application, you will be required to enter into a loan agreement with us. You will not receive any funds until you enter into a written loan agreement with us. The loan agreement will set out all of our fees and the interest rate that will apply to your loan. Fees and interests rates are calculated on an individual basis and will vary from user to user.
By using our Site, you agree to keep our business information and
trade secrets including, but not limited to, terms and pricing that
are not publicly disclosed, and any user account information
confidential until such information becomes known to the public
generally and except to the extent that disclosure may be required
by law, regulation or legal process.
All text, graphics, photographs, trademarks, logos, sounds, artwork,
user interfaces, and computer code (collectively “Content”),
including but not limited to the structure, coordination,
appearance, selection, design and arrangement of the Content,
contained on the Site is owned by us and is protected by copyright,
trademark, trade dress, and other property laws and unfair
competition laws. We will do whatever is lawful to enforce and
protect the Content should you misuse the Content.
You are solely responsible for, and assume all liability regarding
(i) the information and content you provide through your use of the
Site and any Services, (ii) the information and content you make
available in any manner through the service, and (iii) your
interaction with any and all third-parties. Any attempt to enter
information to create a duplicate account will be rejected and your
account will be put on hold.
When you subscribe to our Site, you will create a username and
password. You should not disclose this information to any third
parties. When someone signs into your account with the correct
username and password we will assume that you are the person giving
the instructions. Therefore, you will assume all liability related
to those instructions.
However, if we have reason to believe that you are not the person
providing us with the instructions, we do not believe the
instructions were clear, following your instructions would result in
illegal activity or we believe that you are using our Site for
illegal activity we may refuse to act on your instructions.
If we believe that you have failed to comply with our Terms of Use
we reserve the right to disable your account.
If you believe that someone else has your username and password you
must contact us immediately.
Once you have repaid your loan and are no longer using our services
you may contact us to terminate your account. Once we receive notice
that you wish to terminate your account, we will allow you ten (10)
business days to retrieve information from your account. After this
period, you will no longer be permitted to access your account.
We or our licensees are the owner or the licensee of all intellectual property rights in our Site, and the material published on it. You are not permitted to use any part of the materials on our Site for commercial purposes without obtaining a license to do so from us or our licensors.
We do not provide any advice. Any information or material posted on our Site is not intended to amount to advice of any kind whatsoever. The information on our Site is provided without warranties, conditions or guarantees as to its accuracy. Therefore, we cannot be held liable for any reliance you place on such materials and information.
To the maximum extent permitted by law, in no event will we be
liable for any damages whatsoever, whether direct, indirect,
general, special, compensatory, consequential, and/or incidental,
arising out of our relating to the conduct of you or anyone else in
connection with the use of the services.
We may use various methods of verifying information that users have
provided. However, you agree that we have no liability to you
arising from any incorrectly verified information.
By submitting any information to us including, but not limited to,
usernames, PINs, passwords, and any other information or material
you submit through the Site, you are licensing that content to us
for the purpose of evaluating your loan application, and potentially
originating a loan to you, servicing such loan, and providing
related services to you. Your information may be used and stored to
evaluate your loan rate request, loan application and to provide you
with any other ongoing services. We will store and use this
information from such connected accounts for a reasonable period of
time in connection with your loan application and or loan. By
submitting this content to us, you represent that you are entitled
to submit it to us for use for this purpose.
We do not sell your personal information or allow marketers to
collect your data.
When you upload information to our Site you warrant that you have
complied with our content standards. You will be liable to us and
indemnify us for any breach of this warranty. You will be
responsible for any damages we suffer as a result of this breach.
We will maintain your information necessary to enable us to provide requested services, and will do so for at least as long as it takes us to provide any such service or as otherwise required by law or by legal mandate. We may keep records of any transactions a client enters into with us for a minimum of six years from the end of our relationship with the client. We may keep other information about you to the extent necessary to comply with applicable laws and for further legitimate business needs.
If you knowingly place any Trojans, worms, logic bombs, viruses, or
other material that is malicious or harmful to us or our Site you're
right to use our Site will cease immediately.
We will not be held liable for any loss or damage caused by viruses
or other harmful material that may affect your computer, data or
other equipment due to your use of our Site.
Where our Site contains links to other sites and resources, these links are provided for your information only. We have no control over the content and we accept no responsibility for them or for any loss or damage that may arise from your use of them.
These Terms of Use and any disputes or claims arising out of them shall be governed and construed in accordance with the laws of Jamaica. The Jamaican courts will have non-exclusive jurisdiction over any claim related to our Site.
If you have any questions about this Agreement, please contact us.
This document was last updated on March 4, 2019