Terms & Conditions

Charges:

• Annual Percentage Rate (APR): 36% to 60% dependant on term.
• Loan period: Minimum 2 months to maximum 36 months.
• Initiation Fee and Monthly Service Fee: On application

Should a client wish to pay up the loan before the term ends, he/she will be able to do so without any penalty fees. Interest and fees outstanding will thus be calculated pro-rata.

Representative Example: Nett loan amount, R 2 500.00, term 3 months, APR (Annual Percentage Rate) 60%, initiation fee of R250, monthly service fee of R68.40. Monthly instalment R1 110.07 and total amount payable of R3 330.20.

Use of Site:

The content of this website and its individual pages is for your general information and use only. It is subject to change without notice.

Accessing this site implies that you agree to our Terms & Conditions, as well as to our Privacy Policy and Disclaimer. These documents might be amended from time to time and it is each user’s responsibility to check back regularly. Our Terms & Conditions apply to the RatelFin website only. Other websites linked to or from this site, as well as other services or companies referring to have their own terms and conditions, which might not necessarily coincide with ours.

Reservation of Rights:

We reserve all of our rights, including but not limited to any and all copyrights, trademarks, patents, trade secrets and any other proprietary right that we may have in our website, its content, and the goods and services that may be provided. The use of our rights and property requires our prior written consent. We are not providing you with any implied or express licenses or rights by making services available to you.

Registration Details:

When engaging on our website, users need to provide truthful information and be at least eighteen (18) years of age. Users are responsible to maintain the confidentiality of their login / registration details. Users are also solely responsible for uses via their passwords – whether authorised or unauthorised. Ratelfin immediately needs to be notified of any unauthorised user registration or access. Registration data and other personally identifiable information that we may collect will be handled as confidential and is subject to the terms of our Privacy Policy.

Our Services:

Our website and its related services are provided on an “as is” basis. Ratelfin is the owner of this website and exclusively reserves all associated rights and may (at any time and without notice and any liability to its users) modify or discontinue this website and its services and/or delete the data provided – whether temporarily or permanently. Ratelfin shall have no responsibility or liability for the timeliness, deletion, failure to store, inaccuracy or improper delivery of any data or information.

Third Party Services:

Goods and services of third parties may be advertised and/or be made available on or through this website. Representations made regarding products and services provided by third parties are governed by their own policies. We shall not be liable or responsible for any dealings or interaction with third parties.

Content:

This website may contain content that may be objectionable. RatelFin is not responsible for viewpoints differing from that of our users. All information and/or data of any kind (including, but not limited to, text, images, graphics, videos, music, sound files, software and code), publicly or privately provided, shall be the sole responsibility of the person providing the content or the person whose user account is used.

Submission of Content:

By providing any content to our website:

1. You agree to grant to Ratelin a worldwide, royalty-free, perpetual, non-exclusive right and license (including any moral rights or other necessary rights) to use, display, publish, reproduce, distribute, modify, adapt, promote, archive and translate the content. This includes creating derivative works and compilations thereof – in whole or in part. Such license will apply with respect to any form, media and technology known or later developed;
2. You warrant that you have all legal, moral and other rights that may be necessary to grant us with the right / license as above;
3. You acknowledge and agree that we shall have the right (but not obligation), in our sole discretion, to refuse to publish or to remove or block access to any content you provide at any time and for any reason – with or without notice.

Prohibitions:

1. Copying, reproducing, republishing or distributing the website and associated content, including the layout, design elements, images and text. This also applies to ‘deep-linking’, ’embedding’ or the use of analogous technology.
2. Providing any content or perform any conduct that may be unlawful / illegal, harmful / abusive / tortuous, threatening / harassing / stalking, defamatory, libellous, offensive / objectionable or vulgar / obscene / pornographic. This includes content or actions designed to (or which do) interfere with or interrupt this website or any service provided; content infected with a virus or other destructive or deleterious programming routine; content giving rise to civil or criminal liability; or content / actions which may violate an applicable local, national or international law, including (but not limited to) laws relating to copyrights, trademarks, patents or trade secrets.
3. Providing or using this website and any content or service in any commercial manner or in any manner that would involve junk mail, spamming, chain letters, pyramid schemes, or any other form of unauthorised advertising without our prior written consent.
4. Impersonating or misrepresenting your association with any person or entity, or forge or otherwise seek to conceal or misrepresent the origin of any content provided by you.
5. Collecting or harvesting any data about other users.

Monitoring:

We have the right, but not the obligation, to monitor any activity and content associated with this website. We may investigate any complaints or reported violation of these terms and conditions and take any action that we deem appropriate. This may include, but is not limited to, issuing warnings, suspending, terminating or attaching conditions to users’ access and/or removing any materials from the website.

Indemnification:

You agree to indemnify and hold us (including our directors, employees, agents, affiliates, partners, independent contractors, advertisers and co-branders) harmless from any claim or demand, including reasonable legal fees, that may be made by any third party, that is due to or arising out of conduct or connection with this website or service, your provision of content, your violation of these terms and conditions or any other violation of the rights of another person or party.

Please also read our Disclaimer.

Law:

Our terms and conditions will be exclusively governed by and construed in accordance with the laws of South Africa whose courts will have exclusive jurisdiction in any dispute. However, we have the right, at our sole discretion, to commence and pursue proceedings in alternative jurisdictions.

In the event that these terms and conditions conflict with any law under which any provision may be held invalid by a court with jurisdiction over the parties, such provision will be interpreted to reflect the original intentions of the parties in accordance with applicable law, and the remainder of these terms and conditions will remain valid and intact.

Failure of either party to assert any right under these terms and conditions shall not be considered a waiver of that party’s right and that right will remain in full force and effect.