Terms of Service

Last Updated: January 1, 2026

Welcome to FairLend Loans. By accessing or using our website, services, or products, you agree to be bound by these Terms of Service. Please read these terms carefully before using our services.

1. Acceptance of Terms

By accessing or using FairLend Loans' website and services, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service. If you do not agree to these terms, please do not use our services.

2. Eligibility

To use our services and apply for loans, you must:

• Be at least 18 years of age
• Be a legal resident of South Africa, United Kingdom, United States, or Malta
• Have a valid government-issued identification
• Have a regular source of income
• Have an active bank account
• Meet our credit and affordability criteria

3. Loan Products and Services

FairLend Loans offers the following loan products:

• Personal Loans: R10,000 - R500,000 (6 months - 5 years)
• Business Loans: R50,000 - R50,000,000 (1 - 15 years)
• Home Loans: R200,000 - R20,000,000 (5 - 20 years)
• Car Loans: R50,000 - R2,000,000 (1 - 7 years)
• Payday Loans: R1,000 - R50,000 (1 - 3 months)
• Debt Consolidation: R20,000 - R5,000,000 (1 - 10 years)

All loans are subject to approval and are provided at a fixed annual interest rate of 3%.

4. Application Process

When applying for a loan, you agree to:

• Provide accurate, complete, and truthful information
• Submit all required documentation
• Authorize us to verify your information and conduct credit checks
• Notify us immediately of any changes to your circumstances

We reserve the right to reject any application at our discretion.

5. Interest Rates and Fees

FairLend Loans charges a fixed annual interest rate of 3% on all loan products. We do not charge:

• Application fees
• Processing fees
• Early repayment penalties
• Hidden fees or charges

All costs associated with your loan will be clearly disclosed in your loan agreement.

6. Repayment Terms

You agree to repay your loan according to the schedule outlined in your loan agreement. This includes:

• Making payments on or before the due date
• Ensuring sufficient funds are available in your designated account
• Notifying us immediately if you anticipate difficulty making a payment

Late payments may result in additional interest charges and could affect your credit score.

7. Early Repayment

You may repay your loan in full or in part at any time without penalty. Early repayment may reduce the total interest you pay. Contact us to arrange early settlement.

8. Default and Collections

In the event of default:

• We will attempt to contact you to discuss repayment options
• Additional interest may accrue on outstanding balances
• We may engage collection agencies to recover outstanding amounts
• Your credit score may be negatively affected
• Legal action may be taken to recover the debt

9. Privacy and Data Protection

Your privacy is important to us. Please refer to our Privacy Policy for information on how we collect, use, and protect your personal information.

10. Intellectual Property

All content on the FairLend Loans website, including text, graphics, logos, and software, is the property of FairLend Loans and is protected by copyright and other intellectual property laws.

11. Limitation of Liability

FairLend Loans shall not be liable for any indirect, incidental, special, or consequential damages arising from the use of our services. Our total liability shall not exceed the amount of the loan in question.

12. Governing Law

These Terms of Service shall be governed by and construed in accordance with the laws of the country in which your loan is originated. Any disputes shall be subject to the exclusive jurisdiction of the courts of that country.

13. Amendments

We reserve the right to modify these Terms of Service at any time. Changes will be effective immediately upon posting to our website. Your continued use of our services constitutes acceptance of the modified terms.

14. Contact Information

If you have any questions about these Terms of Service, please contact us:

• Email: legal@fairlend.co.za
• Phone: +27 11 123 4567
• Address: 45 Financial District, London, EC2N 1AR, United Kingdom