Terms & Conditions

These Terms (“Terms”) constitute a legally binding agreement between you (“User” or “You”) and Simple Credit (“Company,” “we,” “us”), effective from the time you access or use the Simple Credit website (hereinafter referred to as the "Website"). By accessing or using the Website, you acknowledge that you have read, understood, and accepted these Terms and the accompanying Privacy Policy. If you do not agree to these Terms, you should not use the Website. By using the Website, you represent that you are at least 18 years of age or have obtained the legal consent of your parent or guardian, and that you are fully able and competent to accept these Terms.

1. Site Description

1.1. The Simple Credit Website provides access to loan products and other credit facilities (hereinafter referred to as "loan facilities") offered by banks, non-banking finance companies (NBFCs), and other approved credit institutions (hereinafter referred to as "lenders"). The Website helps track, organize, and analyze your financial transaction data ("Transaction Information") so that we can offer you personalized credit products. By using the Website, you agree to share this information with lenders and affiliates as necessary.

1.2. "Transaction Information" includes data derived from your interactions on the Website, SMS messages sent to your registered mobile number by service providers, financial institutions, and telecommunications operators, as well as any information you choose to share regarding financial transactions. This may include your contact details, payment card details, and transaction-related information such as service/product descriptions and prices.

1.3. The Website does not directly access your bank, credit, or debit card accounts or require your bank login credentials. Only the information you voluntarily share, such as financial transaction details or SMS details, is used to offer you personalized credit products.

1.4. "Affiliates" means any company associated with Simple Credit through ownership or management rights.

2. Acceptance of Terms

2.1. By accessing or using the Website, you agree to be bound by these Terms, including our Privacy Policy and any other notices or policies that may apply.

2.2. If you do not agree to these Terms or the Privacy Policy, you should discontinue use of the Website. Simple Credit reserves the right to modify these Terms at any time, with updates becoming effective 24 hours after they are posted on the Website. It is your responsibility to regularly review the most current version of the Terms.

3. Use of the Website

  • 3.1. You agree to use the Website in compliance with all applicable laws and regulations.
  • 3.2. Simple Credit does not review or endorse third-party products or services unless expressly stated.
  • 3.3. Simple Credit is not liable for delays or interruptions in website performance due to server issues, network unavailability, or other infrastructure limitations.

4. Fees and Payments

  • 4.1. While the Website may initially be free to use, Simple Credit reserves the right to introduce subscription fees or charges for specific services in the future.
  • 4.2. All payments must be made through payment methods designated by Simple Credit, such as credit cards, debit cards, or other approved payment gateways.

5. Termination and Suspension

  • 5.1. Simple Credit may terminate your access to the Website at any time, with or without notice, for any reason or no reason, without liability.
  • 5.2. Simple Credit may also terminate your access if you violate these Terms, any guidelines, or applicable laws. We may block or restrict your access without prior notice.

6. Simple Credit is Not a Lender

  • 6.1. Simple Credit is not a lender. The Website acts as an intermediary between you and the lenders to facilitate access to loan facilities. The terms of any loan or credit product are solely between you and the lender.
  • 6.2. Simple Credit does not guarantee approval of any loan application and is not responsible for rejections or decisions made by lenders.

7. Disclaimer

7.1. To the extent permitted by law, Simple Credit and its third-party partners disclaim all warranties, express or implied, including but not limited to the warranties of merchantability, fitness for a particular purpose, and non-infringement.

7.2. You agree that your use of the Website is at your own risk. The Website and its content are provided on an "as is" and "as available" basis. Simple Credit does not guarantee uninterrupted access, virus protection, or error-free functionality.

8. Intellectual Property

Simple Credit retains all rights to the Website, including its content, trademarks, designs, logos, and other intellectual property. Unauthorized use or reproduction of these materials may result in termination of access and legal action.

9. Consents

  • Lenders obtaining your credit score to evaluate your eligibility for credit facilities.
  • Lenders sharing your credit score with Simple Credit.
  • Simple Credit sharing your Transaction Information with Lenders and Affiliates.

Simple Credit does not directly obtain your credit score from any source.

10. Limitation of Liability

In no event shall Simple Credit or its affiliates be liable for any direct, indirect, incidental, consequential, or punitive damages arising out of your use of the Website, including lost profits or business opportunities.

11. Indemnification

You agree to indemnify and hold Simple Credit, its affiliates, and agents harmless from any claims, liabilities, damages, or costs arising out of your use of the Website.

12. Miscellaneous

  • Notice: Legal notices must be sent to Simple Credit's headquarters.
  • Force Majeure: Simple Credit is not responsible for delays caused by unforeseeable events beyond its control.
  • Severability: If any provision is found invalid, the remainder of the Terms shall remain in effect.
  • Assignment: You may not transfer your rights under these Terms. Simple Credit reserves the right to assign its rights to others.