Welcome to E-Perash (hereinafter referred to as "the App"). These Terms & Conditions govern your use of the App and its related services. Please read them carefully before using the App. By accessing or using the App, you agree to be bound by these Terms.
1. Service Description
E-Perash is a digital lending service platform that provides eligible users with online loan application and related information services.
The App serves as a technology platform that facilitates loan application submission and information processing. Loan approval, disbursement, and servicing are provided by licensed financial institutions.
2. Eligibility
To use the App, you must:
- Be of legal age as required by Philippine law
- Have full legal capacity
- Provide true, accurate, and complete information
- Not use the App for any unlawful purposes
We reserve the right to refuse or terminate services if eligibility requirements are not met.
3. Account Registration and Security
- Users must register and provide accurate information
- Users are responsible for maintaining account confidentiality
- Any loss caused by unauthorized access is the user's responsibility
- Users should contact support immediately in case of suspicious activity
4. Services Provided
E-Perash provides the following services:
- Loan application submission
- Credit assessment and risk analysis
- Loan amount and interest rate display
- Application status tracking
- Account management services
Final loan approval is determined independently by the financial institution based on risk assessment results.
5. Fees and Interest
- Loan amounts, interest rates, and terms are determined based on credit evaluation
- All applicable fees are disclosed before confirmation
- Users should fully understand repayment obligations before applying
- Late repayment may result in additional charges and impact credit standing
6. User Conduct
Users must not:
- Provide false or misleading information
- Use another person's identity
- Engage in fraudulent or abusive behavior
- Interfere with system operations
- Violate applicable laws or regulations
We reserve the right to suspend or terminate accounts in case of violations.
7. Permissions and Data Usage
To provide services, the App may use the following permissions:
- Camera: for identity verification and facial recognition
- Location: for service eligibility and risk control
- Contacts: for emergency contact information
- Advertising Identifier: for personalized recommendations and user experience optimization
Please refer to the Privacy Policy for detailed data usage information.
8. Intellectual Property
All content in the App, including but not limited to:
- Software code
- UI/UX design
- Trademarks and branding
- Text, images, and functional design
are owned by E-Perash or respective rights holders and may not be copied or used without authorization.
9. Disclaimer
To the maximum extent permitted by law:
- Loan approval is not guaranteed
- The App is not responsible for losses caused by system interruptions or failures
- Users bear risks associated with service usage
- Financial services are provided independently by licensed institutions
10. Service Modification and Termination
We reserve the right to:
- Modify or update services
- Suspend or discontinue features
- Terminate user accounts if necessary
Changes will be communicated via the App or updated Terms.
11. Updates to Terms
These Terms may be updated from time to time. Continued use of the App constitutes acceptance of the updated Terms.
12. Governing Law
These Terms are governed by the laws of the Republic of the Philippines and relevant regulatory requirements.
13. Contact Us
For any questions regarding these Terms, please contact:
service@kpwtechnology.com