Terms and Conditions

• Definitions

  • Credit Agreement - refers to the contract between the credit provider and the borrower.
  • Borrower - refers to the individual receiving credit.
  • Credit Provider - refers to CalxFinance.

• Credit Application & Approval

  • Borrowers must submit a completed application with required documentation.
  • Credit Provider reserves the right to approve or decline applications based on credit worthiness and affordability.

• Interest Rate And Fees

  • Interest rates and fees will be disclosed in the Credit Agreement.
  • Interest rates may very based on credit product and borrower's credit profile

• Repayment Terms

  • Repayment terms, including payment schedule and amount, will be outlined in the Credit Agreement.

• Default And Consequences

  • Failure to make payments may result in default.
  • Consequences of default may include additional fees, damage to credit score, and potential legal action.

• Confidentiality and Data Protection

  • Credit Provider will protect borrower's personal and financial information in accordance with applicable laws.

• Governing Law and Jurisdiction

  • Credit Agreement will be governed by and construed in accordance with the laws of South Africa.

• Change To Terms and Conditions

  • Credit Provider reserves the right to modify these terms and Conditions with notice to borrowers.

• Complaints and Dispute Resolutions

  • Borrowers may contact Credit Provider's customer service department to resolve complaints or disputes.

• Acceptance

  • By entering into a Credit Agreement, borrowers acknowledge that they have read, understood and agreed to these terms and conditions.