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Terms of Use

Date: October 10, 2024

This website (“Website”) is owned and operated by LendXpress LLC. As used in these Terms, the terms “we,” “our,” and “us” refer to LendXpress LLC and its affiliates, employees, agents, officers, directors, and managers. By accessing and using this Website, including any services offered through this Website, you agree to be bound by the following terms and conditions (“Terms”).

If you do not agree to these Terms, please do not use this Website or any of the services provided.

THIS TERMS OF USE AGREEMENT INCLUDES A MANDATORY ARBITRATION PROVISION AND A WAIVER OF CLASS ACTION RIGHTS. PLEASE REVIEW THESE PROVISIONS CAREFULLY.

1. Services

LendXpress provides a platform where individuals can access information on loan products and financial services. This Website is intended for personal, non-commercial use, and is designed for U.S. residents who are at least 18 years old. By using this Website, you acknowledge that you are using it for lawful purposes and agree to adhere to all applicable laws and regulations.

2. Eligibility and Application

To use our services or apply for a loan, you must:

Be at least 18 years old.
Be a U.S. citizen or legal resident.
Provide accurate and complete information during the loan application process.

By submitting an application, you authorize us to perform credit checks and other verifications necessary to process your loan request. Approval is not guaranteed and is subject to creditworthiness, income verification, and other criteria set by LendXpress.

3. Loan Terms and Conditions

All loan terms, including interest rates, repayment periods, and fees, will be outlined in your loan agreement. By accepting the loan offer, you agree to comply with these terms. Loan eligibility, amounts, and interest rates are determined based on factors including, but not limited to, your credit score, income, and state of residence.

4. Fees

LendXpress believes in full transparency. Any applicable fees (e.g., origination fees, late payment fees) will be clearly disclosed in your loan agreement. You will not be charged fees for applying for a loan.

5. Use of Funds

The funds from your loan are to be used for the purposes specified in your application (e.g., debt consolidation, home improvement, education). Misuse of loan funds could result in penalties or defaulting on your loan.

6. Credit Authorization Agreement

By submitting a loan application, you authorize LendXpress and its lending partners to obtain your credit report from one or more credit bureaus to assess your eligibility. This authorization extends to both soft inquiries (which do not impact your credit score) and hard inquiries (which may affect your credit score if a loan is approved and accepted). We may also report your payment history and other relevant data to credit bureaus.

7. Privacy

Your use of our Website and services is subject to our Privacy Policy, which explains how your personal information is collected, used, and shared. By using this Website, you agree to the collection and use of your information as described in our Privacy Policy.

8. Electronic Communications

By using this Website or applying for a loan, you consent to receiving communications from LendXpress electronically. These communications may include loan agreements, disclosures, updates, and other important information related to your loan. You agree that these electronic communications satisfy any legal requirement that such communications be in writing.

9. Arbitration Notice

By agreeing to these Terms, you agree that any disputes arising from or relating to your use of this Website or services will be resolved through binding arbitration, rather than in court. This means you waive your right to a jury trial or to participate in class-action lawsuits. Arbitration will be conducted by a recognized arbitration organization under its applicable rules. Exceptions to arbitration include disputes that qualify for small claims court.

10. Intellectual Property

LendXpress LLC owns all intellectual property rights to the content available on this Website, including but not limited to text, logos, images, and software. You may use this content only for personal, non-commercial purposes. You may not reproduce, distribute, modify, or use any content from this Website without prior written consent from LendXpress.

You must not:

Republish material from this Website.
Sell, rent, or sub-license content from this Website.
Reproduce or copy content without explicit permission.

11. Third-Party Websites

This Website may include links to third-party websites or services (“Third-Party Services”). LendXpress is not responsible for the content, accuracy, or security of any Third-Party Services. Your use of these Third-Party Services is at your own risk, and any interaction with these third parties is solely between you and them.

12. Limitation of Liability

LendXpress provides this Website and its services on an “as is” basis, without any warranties or representations, whether express or implied. To the fullest extent permitted by law, LendXpress disclaims all warranties, including but not limited to warranties of merchantability, fitness for a particular purpose, and non-infringement.

Under no circumstances shall LendXpress or its affiliates be liable for any direct, indirect, incidental, punitive, or consequential damages that result from your use of this Website or services, including but not limited to lost profits, lost data, or interruption of service.

13. Personal Loan Notice

Loan approval and funding timelines may vary based on several factors, including but not limited to, creditworthiness, verification processes, and lender requirements. LendXpress does not guarantee loan approval or specific loan terms. Borrowers are encouraged to review their loan agreements carefully before accepting any offers.

13. Prohibited Use

You agree not to use this Website to:

Submit false or misleading information.
Violate any local, state, or federal laws.
Infringe on the intellectual property rights of others.
Submit any content that is unlawful, harassing, threatening, or otherwise inappropriate.

13. Revisions to Terms

LendXpress reserves the right to modify these Terms at any time. Changes will be effective immediately upon posting to this Website. Your continued use of this Website or services after any such changes constitutes your acceptance of the new Terms.

By accessing this Website or using our services, you acknowledge that you have read, understood, and agreed to these Terms of Use.