Fairmoney loan interest rate

Apr 29, 2022 Loan review

What Happens If I Don’t Pay My Fairmoney Loan

FairMoney loan app gives you FREE bank transfers, and instant loans — no collateral

In the last four years, over 3 million customers have relied on them for loans. I will answer your questions today, make sure you read this article well to know what happens if i don’t pay my fairmoney loan.

FairMoney Terms of Use and Loan Account Agreement

Terms And Conditions for the Opening and Use of a Loan Account with FairMoney Technology Private Limited

Please consult their standard borrower loan agreement before taking a loan with FairMoney

 

FairMoney Technology Private Limited (CIN) is a Private Company registered under the Companies Act, 2013 having its registered office at 91springboard, MG Road, Gopala Krishna Complex 45/3, Residency Road, Mahatma Gandhi Rd, Bengaluru, Karnataka 560025 (hereinafter shall be referred to as “FairMoney” or “Company” or “us” or “we” are the owner of the mobile application by the name FairMoney (“App”) and website at www.fairmoney.in (“Website”) (App and Website are hereinafter together referred to as the “Platform”) and further they clarify that “User” means any person using the Platform i.e. consumers, financial institutions, borrowers and other partners.

 

By accessing or using any version of the FairMoney application (“App”) on any compatible device, signifies that User has read, understood and agree to be bound by these terms and conditions (“T&C”) and any other law applicable, whether or not a registered member of the App. If User do not agree to all the terms and conditions of this agreement, then User may not access the Platform/App or use any services provided by Us.

 

These T&C read together with their privacy policy govern usage of the Platform/App. If User do not agree with any part of these Terms & Conditions and/ or Privacy Policy then User may not access the Platform/App or use any services provided by Us.

What Happens If I Don’t Pay My Fairmoney Loan

what happens if i don't pay my fairmoney loan

These Terms and Conditions may be amended or varied by FairMoney from time to time and the continued use of the Services constitutes your agreement to be bound by the terms of any such amendment or variation. Fairmoney even threatened to take legal actions against me.

I have sent series of emails to fairmoney to explain conditions that warrant my late payment but it yield no positive results. I’m even depressed, the threat is too much for me.

Fairmoney team will call your contacts or Guarantors and tell them that you refuse to refund your loan.

Because am in the same mess now and they are threatening to call my Guarantors. But I was refund their money, before they do so.

Conclusion:

What happens if i don’t pay my fairmoney loan ? Fairmoney team will call your contacts or Guarantors and tell them that you refuse to refund your loan. Please if you borrow money from any loan app, make sure to pay back.

Leave a Reply

Your email address will not be published.