These Terms of Use describe the rules for using the website www.soscredit.ph.
By using this website, you confirm that you have read, understood and agree to these Terms of Use. If you do not agree with these Terms of Use, you must stop using the website.
1. General Provisions
1.1. The website operates under the brand name Soscredit.ph.
1.2. In these Terms of Use, "Soscredit.ph", "we", "us" or "our" means the owner and operator of the website.
1.3. "User", “visitor" or “you” means any person who visits the website, submits an application or uses the services available through the website.
1.4. Soscredit.ph may update these Terms of Use from time to time. The latest version will be published on the website.
2. Status of Soscredit.ph
2.1. Soscredit.ph is an online loan broker and loan comparison platform.
2.2. Soscredit.ph is not a direct lender, financing company or bank.
2.3. Soscredit.ph does not issue loans, does not provide credit directly and does not make the final loan approval decision.
2.4. The purpose of the website is to allow users to submit an online application and, when lending partners are available, compare loan offers from third-party lending partners.
2.5. Final approval, loan amount, interest rate, fees, repayment schedule, payout time and other loan terms are determined only by the relevant lending partner.
2.6. Submitting an application through Soscredit.ph does not guarantee that you will receive a loan offer or that your application will be approved.
3. Informational Nature of the Website
3.1. The information provided on the website is for general informational purposes only.
3.2. The information on the website should not be considered legal, financial, investment or personal advice.
3.3. Any information about loan amounts, repayment terms, interest rates, fees, approval times or payout times is indicative only and may differ from actual offers provided by lending partners.
3.4. Before accepting any loan offer, you should carefully review the lender’s terms, fees, interest rate, repayment schedule and total repayment amount.
3.5. Soscredit.ph is not responsible for decisions made by users based on general information published on the website.
4. Loan Applications
4.1. Users may submit a loan application through the website.
4.2. By submitting an application, you confirm that the information provided is true, accurate, complete and up to date.
4.3. You understand that incorrect or incomplete information may affect the availability of loan offers or result in rejection by a lending partner.
4.4. Soscredit.ph may use the information submitted in your application to provide the loan comparison service and to match your request with relevant lending partners.
5. User Responsibilities
5.1. You agree to use the website only for lawful purposes.
5.2. You must not:
- provide false, misleading or incomplete information;
- submit an application on behalf of another person without proper authorization;
- interfere with the website’s security or functionality;
- use automated tools, bots or scraping tools without permission;
- copy, modify or misuse website content;
- use the website for fraud, abuse or illegal activity.
5.3. You are responsible for assessing whether any loan offer is suitable for your financial situation.
5.4. You should borrow responsibly and only apply for a loan if you understand the repayment obligations.
6. No Guarantee of Approval
6.1. Soscredit.ph does not guarantee loan approval.
6.2. Lending partners, when available, may approve or reject applications based on their own internal criteria, verification process, credit assessment and legal requirements.
6.3. Soscredit.ph is not responsible for:
- rejection of your application;
- loan terms offered by a lending partner;
- changes in a lending partner’s offer;
- expired or unavailable offers;
- payout delays;
- fees, penalties or repayment obligations under a loan agreement.
7. Relationship with Lending Partners
7.1. Soscredit.ph may forward your application to relevant lending partners for review.
7.2. Lending partners are independent third parties.
7.3. Any loan agreement is concluded directly between you and the lending partner.
7.4. Soscredit.ph is not a party to the loan agreement between you and the lending partner.
7.5. The lending partner is responsible for its own loan terms, approval process, customer support, disbursement, repayment collection and legal compliance.
7.6. Before accepting any offer, you should review the lending partner’s terms and privacy policy.
8. Personal Data Processing
8.1. By using the website and submitting an application, you acknowledge that Soscredit.ph may process your personal information in accordance with the Privacy Policy.
8.2. The processing of personal information is carried out in accordance with applicable data privacy laws and regulations of the Philippines, including the Data Privacy Act of 2012.
8.3. Your personal information may be shared with relevant lending partners for the purpose of reviewing your application and providing loan offers.
8.4. Cookie usage is described in the Cookie Policy.
8.5. The Privacy Policy and Cookie Policy form part of the website’s legal information and should be read together with these Terms of Use.
9. Marketing Communications
9.1. If you provide consent, Soscredit.ph may send you commercial messages, offers and general information by email, phone, SMS or other communication channels.
9.2. Marketing messages may include information about Soscredit.ph services, loan offers, promotions, bonuses or special offers from our partners.
9.3. You may withdraw your consent and unsubscribe from marketing communications at any time.
9.4. Withdrawing consent for marketing communications does not affect service-related messages that may be necessary for processing your application or account.
10. Third-Party Websites
10.1. The website may contain links to third-party websites, including websites of lending partners, service providers or other third parties.
10.2. Soscredit.ph is not responsible for the content, availability, security, accuracy or privacy practices of third-party websites.
10.3. You should review the terms and privacy policy of any third-party website before using it or providing personal information.
11. Website Availability and Security
11.1. Soscredit.ph aims to keep the website available and secure, but we do not guarantee uninterrupted or error-free operation.
11.2. The website may be temporarily unavailable due to maintenance, updates, technical issues, security reasons or circumstances outside our control.
11.3. Soscredit.ph may restrict or suspend access to the website at any time if necessary for technical, security, legal or business reasons.
12.4. You must not perform any actions that may damage, overload, disrupt or compromise the website.
12. Intellectual Property
12.1. All website content, including text, design, layout, graphics, logos, trademarks, software and other materials, belongs to Soscredit.ph or is used lawfully.
12.2. Website content is protected by intellectual property laws.
12.3. You may use the website content only for personal and non-commercial purposes.
12.4. You may not copy, reproduce, distribute, modify, publish or use website content for commercial purposes without prior written permission from Soscredit.ph.
13. Responsible Borrowing
13.1. Soscredit.ph encourages responsible borrowing.
13.2. Before applying for or accepting any loan, you should consider whether you can afford the repayments.
13.3. Late repayment may result in additional fees, penalties, collection activity or negative effects on your credit history, depending on the lending partner’s terms and applicable law.
13.4. If you cannot repay a loan on time, you should contact the relevant lending partner as soon as possible to discuss available options.
14. Limitation of Liability
14.1. To the maximum extent permitted by law, Soscredit.ph is not liable for:
- lending partner decisions;
- loan approval or rejection;
- loan terms offered by third parties;
- unavailability of loan offers;
- errors or delays caused by third parties;
- user decisions based on website information;
- temporary website unavailability;
- losses caused by unauthorized account access due to user negligence;
- indirect, incidental or consequential losses.
14.2. Nothing in these Terms of Use limits any liability that cannot be excluded under applicable law.
15. Changes to the Website and Services
15.1. Soscredit.ph may change, update, suspend or discontinue any part of the website or service at any time.
15.2. Soscredit.ph may add, remove or modify loan categories, application forms, website features or partner-related information.
15.3. We may update website content to reflect new services, future lending partners or regulatory requirements.
16. Changes to These Terms of Use
16.1. Soscredit.ph may update these Terms of Use from time to time.
16.2. Updated Terms of Use become effective when published on the website, unless stated otherwise.
16.3. By continuing to use the website after changes are published, you confirm that you accept the updated Terms of Use.
17. Contact Information
If you have any questions about these Terms of Use, please contact us:
Soscredit.ph
Email: info@soscredit.ph
Website: www.soscredit.ph