Terms and Conditions of User Agreement of Knight Loan
This Agreement constitutes a binding and valid contract between User and Knight Loan, with regard to the access and use of the application. Access of the application by the User constitutes an acknowledgement and acceptance in full and without any modification and/or exception by the User of this Agreement. The User must not access the application in case the User does not agree with any part of such terms, conditions and notices as stated in this Agreement in any manner.
Knight Loan ("Us", "We", "Our") acknowledges the importance of protecting your personal, financial and transaction information ("Information"). Knight Loan assures that the information made available to us shall be kept in strict confidentiality and we shall use such information only to service your account better, to provide products and services that you may have requested and to inform you about other products and services that may be of interest to you. We do not sell your personal information to any third parties. Knight Loan shall use its best efforts to prevent inadvertent disclosure of your information and personal details to unauthorized personnel or to any other third party.
Please read these terms carefully before using or registering in the Knight Loan. Your usage of Knight Loan will constitute your agreement to be legally bound by and to comply with these Terms of Use.
PRIVACY POLICY
We will collect personal information within the scope required by law, The data will be uploaded to our server. We collect your data in order to provide you with services, verify your identity and create a credit score to determine which loans can be offered to you, and provide you with a personalized, safe and efficient experience. The information you provide includes: Personal information. "Personal information" refers to information that can be used to uniquely identify a user, such as name, date of birth, citizen identity card, gender, email address, phone number, and other personal information.
1.Types of Data Collected
While using Our Application, with Your prior permission, in order to provide features of Our Application, We may use the following permissions from your device:
We will never share this data with third parties. If you need to delete the SMS data immediately, you should notify our customer service center by email: customercareknight@gmail.com
SMS
We will collect your SMS information and upload to https://knightloan.com , but only some financial information will be screened out which helps us in identifying the various accounts that you are holding and the cash flow patterns that you have as a user to help us perform a credit risk assessment which enables us to determine your risk profile and to provide you with the appropriate credit analysis to enable you to take financial facilities from the regulated financial entities and other service providers available on the platform.
We will never share this data with third parties. If you need to delete the SMS data immediately, you should notify our customer service center by email: customercareknight@gmail.com
Location
Collect and monitor device location data to ensure maintainability and reduce application-related risks. We collect and monitor information about the location of your device in order to provide services for your loan application. This also helps us find and verify addresses, which helps make better credit risk decisions and speed up the loan process.
We will never share this data with third parties. If you need to delete the SMS data immediately, you should notify our customer service center by email: customercareknight@gmail.com
Applications
We collect data about the installed applications of users, including the application name, package name, installation time, update time, version name and version code of each installed application on your device to evaluate your credit status.
We will never share this data with third parties. If you need to delete the SMS data immediately, you should notify our customer service center by email: customercareknight@gmail.com
Third-party data
In order to obtain more accurate information, we may also collect data from third parties (such as credit bureaus and other financial institutions), more accurate loan appraisals.
Through the registration service, you authorize the collection and processing of the aforementioned data. We may disclose personal information in order to respond to legal or regulatory requests, enforce our policies, or to protect the rights, property, or safety of third parties. Such information will be disclosed in accordance with applicable laws and regulations.
We will never share this data with third parties. If you need to delete the SMS data immediately, you should notify our customer service center by email: customercareknight@gmail.com
2.Use of Your Personal Data
We may use Personal Data for the following purposes:
To provide and maintain our Service, including to monitor the usage of our Service.
To manage Your Account: to manage Your registration as a user of the Service. The Personal Data You provide can give You access to different functionalities of the Service that are available to You as a registered user.
For the performance of a contract: the development, compliance and undertaking of the purchase contract for the products, items or services You have purchased or of any other contract with Us through the Service.
To contact You: To contact You by email, telephone calls, SMS, or other equivalent forms of electronic communication, such as a mobile application’s push notifications regarding updates or informative communications related to the functionalities, products or contracted services, including the security updates, when necessary or reasonable for their implementation.
To provide You with news, special offers and general information about other goods, services and events which we offer that are similar to those that you have already purchased or enquired about unless You have opted not to receive such information.
To manage Your requests: To attend and manage Your requests to Us.
For other purposes: We may use Your information for other purposes, such as data analysis, identifying usage trends, determining the effectiveness of our promotional campaigns and to evaluate and improve our Service, products, services, marketing and your experience.
We may share Your personal information in the following situations:
With Service Providers: We may share Your personal information with Service Providers to monitor and analyze the use of our Service, to contact You.
For business transfers: We may share or transfer Your personal information in connection with, or during negotiations of, any merger, sale of Company assets, financing, or acquisition of all or a portion of Our business to another company.
With Affiliates: We may share Your information with Our affiliates, in which case we will require those affiliates to honor this Privacy Policy. Affiliates include Our parent company and any other subsidiaries, joint venture partners or other companies that We control or that are under common control with Us.
With business partners: We may share Your information with Our business partners to offer You certain products, services or promotions.
With other users: when You share personal information or otherwise interact in the public areas with other users, such information may be viewed by all users and may be publicly distributed outside. If You interact with other users or register through a Third-Party Social Media Service, Your contacts on the Third-Party Social Media Service may see Your name, profile, pictures and description of Your activity. Similarly, other users will be able to view descriptions of Your activity, communicate with You and view Your profile.
With Your consent: We may disclose Your personal information for any other purpose with Your consent.
3. Retention of Your Personal Data
We will retain Your Personal Data only for as long as is necessary for the purposes set out in this Privacy Policy. You have the right to request deletion of the data we have collected about you. However, we will retain and use Your Personal Data to the extent necessary to comply with our legal obligations (for example, if we are required to retain your data to comply with applicable laws), resolve disputes, and enforce our legal agreements and policies.
We will also retain Usage Data for internal analysis purposes. Usage Data is generally retained for a shorter period of time, except when this data is used to strengthen the security or to improve the functionality of Our Service, or We are legally obligated to retain this data for longer time periods.
4. Transfer of Your Personal Data
Your information, including Personal Data, is processed at We’s operating offices and in any other places where the parties involved in the processing are located. It means that this information may be transferred to - and maintained on - computers located outside of Your state, province, country or other governmental jurisdiction where the data protection laws may differ than those from Your jurisdiction.
Your consent to this Privacy Policy followed by Your submission of such information represents Your agreement to that transfer.
We will take all steps reasonably necessary to ensure that Your data is treated securely and in accordance with this Privacy Policy and no transfer of Your Personal Data will take place to an organization or a country unless there are adequate controls in place including the security of Your data and other personal information.
5.Disclosure of Your Personal Data
We will never share this data with third parties. If you need to delete the SMS data immediately, you should notify our customer service center by email: customercareknight@gmail.com
If you have paid off your loan, you can apply to delete the account. For details on deleting your account please contact our customer service or check our website.
TERMS OF SERVICE
You acknowledge that all intellectual property rights in the App and the Technology anywhere in the world belong to us or our licensors, that rights in the App are licensed (not sold) to you, and that you have no rights in, or to, the App or the Technology other than the right to use each of them in accordance with the terms of this Agreement. You acknowledge that you have no right to have access to the App in source-code form.
The Services offered by Knight Loan can only be utilized by persons over the age of 18. Knight Loan reserves the right to verify the authenticity and status of your Mobile Money Account with the relevant Mobile Money Provider.
Knight Loan's acceptance of your application for an Account will be displayed on the App. You hereby acknowledge and accept that the acceptance by Knight Loan of your application for an Account does not create any contractual relationship between you and the Mobile Money Providers beyond the terms and conditions that apply to your Mobile Money Account from time to time.
Knight Loan reserves the right to decline your application for a loan or to revoke the same at any stage at Knight Loan's sole and absolute discretion and without assigning any reason or giving any notice thereto.
Knight Loan reserves the right (in its sole and absolute discretion) to issue, decline to issue a loan and/or vary the terms of any loan depending on its assessment of the credit profile of each individual borrower from time to time. The terms of the loan and the interest rate payable in relation to each loan application will be displayed on the App.
The interest payable by you to Knight Loan in relation any Loan shall be displayed by Knight Loan on the App. Knight Loan shall be entitled to set and charge Transaction Fees, in connection with your use of the Services and from time to time amend or vary its Transaction Fees for the Services. If Knight Loan decides to start charging Transaction Fees or where already applicable, vary or amend its Transaction Fees, the Transaction Fees payable on any new application for Services will be displayed on the App. Knight Loan will use reasonable endeavors to try notify you of any changes in relation to Transaction Fees within a reasonable period before such changes are implemented including displaying notices of the changes on the App or Knight Loan website.
All payments to be made by you under this Agreement shall be made in full without any set off or counter claim and save in so far as required by the law to the contrary, free and clear of and without any deduction or withholding whatsoever. If you are at any time required to make any deduction or withholding from any payment to Knight Loan you shall immediately pay to Knight Loan such additional amounts as will result in Knight Loan receiving the full amount it would have received had no such deduction or withholding been required.
If you fail to make any payments due to Knight Loan at the due date for payment, Knight Loan will be authorized to apply late fees on such amount loaned to you at a rate to be communicated to you.
A statement and activity report in respect of your Account will be made available on Request. Requests shall be made via our contact channel displayed on the App.
The statement on the App shall provide details of the last 4 (four) transactions (or such other number of transactions as determined by Knight Loan) in your Account initiated from your Equipment.
Your statement will show all amounts added or taken from your Account. You must check your statement carefully and notify Knight Loan as soon as possible if it includes any transaction or other entry which appears to you to be wrong or not made in accordance with your instructions.
Knight Loan reserves the right to rectify discrepancies, add and/or alter the entries in your statements, without prior notice to you. Knight Loan will however inform you of any rectification, additions and or alterations effected on your statements within a reasonable time after the changes are effected.
You will be notified of all transactions on your Account by way of SMS and the charges for this service will be debited to your Account.
Save for a manifest error, a statement issued to you in respect of your Knight Loan Account shall be conclusive evidence of the transactions carried out on your Knight Loan Account for the period covered in the statement.
You shall at your own expense provide and maintain in safe and efficient operating order your Equipment necessary for the purpose of accessing the System and the Services.
You shall be responsible for ensuring the proper performance of your Equipment. Knight Loan shall neither be responsible for any errors or failures caused by any malfunction of your Equipment, and nor shall Knight Loan be responsible for any computer virus or related problems that may be associated with the use of the System, the Services and the Equipment. You shall be responsible for charges due to any service provider providing you with connection to the Network and Knight Loan shall not be responsible for losses or delays caused by any such service provider.
You shall follow all instructions, procedures and terms contained in this Agreement and any document provided by Knight Loan concerning the use of the System and the Services.
You hereby agree and acknowledge that you shall be solely responsible for the safekeeping and proper use of your Equipment and for keeping your Credentials secret and secure. You shall ensure that your Credentials do not become known or come into possession of any unauthorized person. Knight Loan shall not be liable for any disclosure of your Credentials to any third party and you hereby agree to indemnify and hold Knight Loan harmless from any losses resulting from any disclosure of your Credentials.
You shall take all reasonable precautions to detect any unauthorized use of the System and the Services. To that end, you shall ensure that all communications from Knight Loan are examined and checked by you or on your behalf as soon as practicable after receipt by you in such a way that any unauthorized use of and access to the System will be detected. You shall immediately inform Knight Loan in the event that:
You have reason to believe that your Credentials are or may be known to any person not authorized to know the same and/or have been compromised; and/or
You have reason to believe that unauthorized use of the Services has or may have occurred or could occur and a transaction may have been fraudulently input or compromised.
You shall at all times follow the security procedures notified to you by Knight Loan from time to time or such other procedures as may be applicable to the Services from time to time. You acknowledge that any failure on your part to follow the recommended security procedures may result in a breach of your Account's confidentiality. In particular, you shall ensure that the Services are not used or Requests are not issued or the relevant functions are not performed by anyone other than a person authorized to do so.
You shall not at any time operate or use the Services in any manner that may be prejudicial to Knight Loan.