Current as of 10th May, 2022
By accessing our website, you are agreeing to be bound by these terms of service, and agree that you are responsible for compliance with any applicable local laws.
1.1 You represent and warrant to us that:
1. you are not less than 18 years of age;
2. all information is true, correct, complete and not misleading;
3. your obligations under this agreement are legal, valid, binding and enforceable in accordance with their respective terms;
4. there are no pending or threatened actions or proceedings affecting you before any court or other body which may adversely affect your ability to perform and observe your obligations under this Agreement;
1.2 The representations given above are deemed to be repeated continuously during the term of this agreement by reference to the facts and circumstances then existing.
You agree to:
1. immediately notify us should there be any change in the Information; and
2. provide us with such other information relating to you as we may reasonabLy require from time to time.
We also have all other rights given to us by law and in this Agreement
3.1 You agree that you will pay each cost as stated in the pricing in connection with or incidental to the occurrence of an event of this exercise, protection or enforcement of our rights under this agreement on demand and on a full indemnity basis.
3.2 The above indemnity is unconditional and irrevocable and survives termination of this agreement.
4.1 You consent to notices, any documents pertaining to disclosure and any other communications relating to this agreement being sent to you, or made available, via SMS messages, emails or other electronic means.
4.2 Where you are a First Time Customer, you acknowledge that when you submit your First Time Customer Application, by ticking the box entitled “I accept the Terms and Conditions and the Privacy Policy”(the “Box-tick”) you confirm that:
1. the Box-tick identifies you as the signatory to this Agreement;
2. the Box-tick identifies your approval of this Agreement;
3. the Box-tick identifies your approval of the Privacy Policy; and
4. the means of creating the Box-tick:
1. is linked to you and to no other person; and
2. was under your control and of no other person.
4.3 By entering the required details including account number, PIN (in the event of Debit card or bank account linkage) and clicking the button “Submit”:
1. the Website Submission identifies you as the signatory to the Application request;
2. the Website Submission identifies your approval of the Application request;
3. the means of creating the Website Submission:
1. is linked to you and to no other person; and
2. was under your control and of no other person;
4. the Website Submission identifies your approval that this agreement shall apply to the application request; and
5. the Website Submission identifies your confirmation that the representations and warranties made by you under this agreement remain true and correct as at the date of the Website Submission, by reference to the facts and circumstances then existing.
5.1 Our Privacy Policy applies to the collection, use, storage and disclosure of your Personal Information and all other information about you. To find out more you can see our Privacy Policy on our Website. Key terms of the current Privacy Policy are summarised below.
5.2 You authorise us to share any Personal Information with any third party, including without limitation lenders, credit bureaus, credit reference agencies, payment processing agencies, customer service providers and collection agencies for any purpose in relation to this agreement or our business functions and activities which include, without limitation, assessing your credit risk and ability to repay debts as they fall due.
5.3 You authorise us to store and record any information about you.
5.4 We reserve the right to request from you any information or documents that we may reasonably require in relation to this agreement, including for assessing your credit and financial data, identifying you or performing the required verifications.
5.5 You authorise us to obtain any information about you that we may reasonably require in relation to this agreement from any third party and further authorise the relevant third party to disclose such information to us.
6.1 We may vary these terms and conditions at any time if we are required, or if it is advisable for us to do so, by law or change in market conditions. We will give you notice of any change at least 5 Business Days prior to that change taking effect. If a variation relates to a change in our fees, we will provide you notice of the variation in the manner contemplated
6.2 Except as otherwise expressly provided in this agreement, no variation to this agreement is effective unless it is in writing and signed by you and us.
7.1 You must not assign all or any part of your rights, title, interest or obligations under this agreement to a third party without our written permission.
7.2 We may assign in whole or in part any of our rights, title, interest and obligations in this agreement without your consent:
1. To any person whom we genuinely believe can perform all of our obligations under this Agreement; or
2. If we believe it is sensible or necessary to do so to comply with the law including statutes, directives, case law or official guidance,
And each of our assignees has the same rights against you under this agreement as if it were named in this agreement.
8.1 You may notify us of your wish to terminate the use of our service anytime.
8.2 Without limiting our rights under clause 1, we may by notice to you, without being required to provide any reasoning, terminate your right to use our service
9.1 We may pursue our remedies and exercise our powers under this agreement separately or concurrently.
9.2 Time is of the essence in all respects regarding each of your obligations under this Agreement.
9.3 All communication to be made pursuant to this agreement must be in English.
9.4 For the purposes of the Contracts, you acknowledge and accept that your obligations under this agreement shall be enforceable notwithstanding that we may not sign this Agreement.
9.5 The illegality, invalidity or unenforceability of a provision of this agreement under any law will not affect the legality, validity or enforceability of that provision under another law or the legality, validity or enforceability of another provision.
9.6 This agreement is to be governed by and construed in accordance with the Laws of the Federal Republic of Nigeria.
By using the Creditchek platform, the business, its associates and all affiliated personnel affirm that it has gotten consent from the user/customer to provide information about the user’s identity, bank account transaction, credit history. telecommunication, or any associated technology service for the purpose of performing creditworthiness assessments within the creditchek platform.