Godly Lender Express Loan Policy

 

Effective Date: 01/01/2025
Last Updated: 01/31/2025

 

1. Introduction

Godly Lender Express is committed to providing ethical and responsible financial services to individuals in need of short-term and long-term financial assistance. This policy outlines the terms, conditions, and responsibilities governing loan applications, approvals, repayments, and consequences of default.

2. Eligibility Requirements

To qualify for a loan from Godly Lender Express, applicants must meet the following criteria:

  • Be at least 18 years of age.
  • Provide valid government-issued identification.
  • Demonstrate a stable source of income or financial ability to repay the loan.
  • Complete and sign the loan agreement.
  • Provide any additional documentation as required by the lender.

3. Loan Terms & Conditions

  • Loan amounts will be determined based on the borrower’s financial status and repayment ability.
  • The loan term, interest rate (if applicable), and repayment schedule will be clearly outlined in the loan agreement.
  • Repayments must be made in accordance with the agreed-upon schedule.
  • Early repayment is allowed with no penalty unless otherwise stated in the agreement.

4. Interest Rates & Fees

  • Interest rates will be disclosed at the time of loan issuance.
  • Late payment fees and penalties may be applied for missed or delayed payments.
  • Any additional fees, including processing fees, will be clearly communicated before loan approval.

5. Repayment & Default Policy

  • Borrowers are required to make timely payments as per the loan agreement.
  • In case of financial difficulties, borrowers must inform Godly Lender Express in advance to discuss possible repayment adjustments.
  • Failure to repay the loan may result in legal action, additional fees, negative credit reporting, or other recovery measures as permitted by law.

6. Confidentiality & Data Protection

  • All borrower information will be kept confidential and used solely for loan processing and collection purposes.
  • Personal data will not be shared with third parties without consent, except as required by law.

7. Ethical Lending Practices

  • Godly Lender Express is committed to fair and ethical lending practices, ensuring transparency and honesty in all transactions.
  • Borrowers will receive full disclosure of loan terms before signing the agreement.

8. Amendments & Updates

  • Godly Lender Express reserves the right to amend this policy at any time.
  • Any changes will be communicated to borrowers before they take effect.

9. Acknowledgment

By accepting a loan from Godly Lender Express, the borrower acknowledges that they have read, understood, and agreed to the terms outlined in this policy.

 

For any inquiries, please contact us at info@godlylenderexpress.com