Finloo

Terms and Conditions of Finloo Philippines

Last updated:July 7, 2025

These Terms and Conditions (“Terms”) govern your access to and use of the website finloo.com.ph (hereinafter, the “Website”) and all services offered by Finloo Philippines, operated by Finelia Ltd (Registration number: 17279064, Registered Office: Harju maakond, Tallinn, Kesklinna linnaosa, Tuukri tn 19-202, 10120, EE.). By accessing or using the Website, you agree to comply with these Terms and with all applicable Philippine laws and regulations. If you do not agree, please do not use the Website or any related services.

1. Definitions

Finloo: Entrepreneur Anton Olefir, owner and operator of the Website and its services.
User: Any individual or entity who accesses or uses the Website or Finloo's services.
Website: finloo.com.ph, its subdomains, and mobile applications managed by Finloo.
Services: All functionalities, tools, content, and intermediation services between Users and Participating Lenders provided via the Website.
Participating Lenders: Banks, non-bank financial institutions, cooperatives, microfinance organizations, or BSP-licensed fintechs listed on Finloo as credit providers.
Personal Data: Any information that identifies or can identify an individual, including name, address, email, phone number, government ID, income details, employment information, and other data used for credit assessment.

2. Governing Law and Jurisdiction

These Terms are governed by and shall be construed in accordance with the laws of the Republic of the Philippines, including but not limited to:

Bangko Sentral ng Pilipinas (BSP) regulations on consumer lending and digital financial services.
Republic Act No. 9510 (Credit Information Corporation Act).
Republic Act No. 10173 (Data Privacy Act of 2012) and its implementing rules.
Republic Act No. 7394 (Consumer Act of the Philippines).
Civil Code of the Philippines, for contractual interpretation.

Any dispute arising out of or related to these Terms shall be exclusively submitted to the courts of Makati City, Philippines.

3. Acceptance of Terms

By accessing, browsing, registering, or using the Website or its Services, you confirm that you are at least 21 years old and have the legal capacity to enter into binding contracts under Philippine law.
By providing Personal Data and using the Services, you agree to be bound by these Terms in their entirety.
Finloo may modify these Terms at any time by posting an updated version on the Website. Continued use after such changes constitutes acceptance of the revised Terms.

4. Credit Intermediation Services

4.1. Service Description

Finloo provides an online platform that connects Users with Participating Lenders. Through a simple online questionnaire, you submit details such as desired loan amount, repayment term, loan purpose, income, and age. Based on your inputs, Finloo identifies suitable Lenders and—upon your explicit authorization—shares your request for their independent evaluation.

4.2. No Direct Lending

No Credit Provision: Finloo does not itself lend money or set loan terms.
No Guarantee of Approval: Finloo makes no promise that any Lender will approve your application or offer specific terms.
Independent Lender Decisions: Once redirected to a Lender's site or app, all negotiations, contracts, and disbursements are solely between you and that Lender.

4.3. Application Process

Registration & Questionnaire: Complete the online form and accept the Privacy Policy and these Terms.
Preliminary Review: Finloo verifies that your information meets basic eligibility criteria.
Data Submission: By clicking “Submit,” you authorize Finloo to send your Personal Data to selected Lenders, including identity verification and, if permitted, a credit inquiry with the Credit Information Corporation.
Lender Contact: Approved Lenders will contact you directly to finalize terms, sign contracts, and disburse funds.

5. Data Privacy and Protection

Finloo commits to processing your Personal Data in accordance with the Data Privacy Act of 2012, adhering to principles of transparency, legitimate purpose, and proportionality. You may exercise your rights of Access, Rectification, Erasure, Restriction, and Data Portability by contacting info@finloo.business. Data is shared only with your authorized Lenders for credit evaluation.

6. User Obligations

Accuracy: Provide true, complete, and current information. Update any changes promptly.
Proper Use: Do not use the Website for unlawful purposes or to introduce malware.
Credential Security: Keep your login details confidential; you are responsible for all activity under your account.

7. Intellectual Property

All content on the Website—text, graphics, logos, software, and the “Finloo” mark—is owned or licensed by Finloo and protected under intellectual property laws. Users may view or print materials for personal, non-commercial use only.

8. Limitation of Liability

The Website and Services are provided “as is” and “as available,” without warranties. Finloo is not liable for:

Damages arising from use or inability to use the Site or Services.
Interruptions due to technical failures or force majeure.
Credit decisions or terms offered by Participating Lenders.

9. External Links

The Website may link to third-party sites. Finloo is not responsible for their content, privacy practices, or security. Use these links at your own risk.

10. Amendments

Finloo may update these Terms at any time. The current version will always be available on the Website. Significant changes will be highlighted via notice banner or email; continued use implies acceptance.

11. Termination

Finloo may suspend or terminate your access if you violate these Terms or engage in fraudulent or illegal activities. Suspension does not relieve you of any payment or confidentiality obligations.

12. General Provisions

Severability: If any provision is invalid, remaining provisions remain in full force.
Assignment: You may not assign your rights under these Terms. Finloo may transfer its rights in connection with corporate restructuring or sale.
Entire Agreement: These Terms and the Privacy Policy constitute the complete agreement between you and Finloo regarding the Website and its Services.

Contact Us

For questions or concerns about these Terms, please email info@finloo.business.