Legal

Terms and Conditions

Review the terms that govern your use of our website and loan services.

  • Effective Date: February 20, 2026
  • Last Updated: February 20, 2026

These Terms and Conditions ("Terms") govern your use of the Loan24Seven website and services. By accessing our website, submitting a loan application, or using any of our services, you agree to be bound by these Terms. If you do not agree, please do not use our services.

1. About Our Services

Loan24Seven ("we", "us", "our") provides personal loan services to eligible residents of Canada, excluding the province of Quebec. Our services include loan application processing, loan disbursement, repayment management, and related financial services.

2. Eligibility

To apply for a loan with Loan24Seven, you must:

  • Be at least 18 years of age (or the age of majority in your province)
  • Be a resident of a Canadian province or territory, excluding Quebec
  • Have a valid Canadian bank account
  • Provide accurate and complete information in your application
  • Have a valid phone number and email address

3. Loan Application and Approval

  • Submitting an application does not guarantee approval
  • We reserve the right to approve or deny any application at our sole discretion
  • Approval is subject to identity verification, income verification, and assessment of your ability to repay
  • Loan terms, interest rates, and repayment schedules will be outlined in your individual loan agreement
  • You are responsible for reviewing and understanding all loan terms before accepting

4. Your Obligations

As a borrower, you agree to:

  • Provide truthful, accurate, and complete information in your application and throughout the loan process
  • Promptly notify us of any changes to your contact information, employment, or financial situation
  • Make all loan repayments on time and in accordance with your loan agreement
  • Maintain a valid bank account for payment processing
  • Respond to reasonable requests for additional information or documentation

5. Electronic Communications and SMS

By providing your phone number and using our services, you consent to receive electronic communications from us, including:

  • SMS Messages: Loan application status updates, approval or denial notifications, missing information requests, contract delivery links, payment reminders, and welcome messages
  • Email: Account notifications, documents, and correspondence
  • Phone Calls: Customer service and account-related calls

SMS Terms:

  • Messages are transactional and directly related to your loan application or account
  • Message frequency varies based on your account activity
  • Reply STOP to any SMS to opt out of text messages
  • Reply HELP for assistance
  • Standard message and data rates from your carrier may apply
  • We do not send marketing or promotional text messages without your separate express consent
  • Opting out of SMS may affect our ability to provide timely updates about your loan

6. Banking Data Authorization

As part of the loan application process, you may be asked to connect your bank account through our secure third-party provider (Flinks). By doing so, you authorize:

  • The retrieval of your account information, balances, and transaction history
  • The use of this data solely for the purpose of assessing your loan application and verifying your financial information
  • The secure storage of this data in accordance with our Privacy Policy

You may revoke this authorization at any time by contacting us, though doing so may affect your loan application or existing loan.

7. Repayment and Collections

  • Repayment terms are defined in your individual loan agreement
  • Failure to make payments on time may result in additional fees, interest charges, and collection activity
  • We may report delinquent accounts to credit reporting agencies
  • We reserve the right to pursue all available legal remedies for unpaid debts

8. Fees and Charges

All applicable fees, interest rates, and charges will be clearly disclosed in your loan agreement before you accept the loan. You agree to pay all fees and charges associated with your loan as outlined in your agreement.

9. Privacy

Your use of our services is also governed by our Privacy Policy, which describes how we collect, use, and protect your personal information. By using our services, you consent to the practices described in our Privacy Policy.

10. Intellectual Property

All content on the Loan24Seven website, including text, graphics, logos, and software, is our property or the property of our licensors and is protected by Canadian intellectual property laws. You may not reproduce, distribute, or create derivative works from our content without our express written permission.

11. Limitation of Liability

To the maximum extent permitted by law:

  • Our services are provided "as is" without warranties of any kind
  • We are not liable for any indirect, incidental, consequential, or punitive damages arising from your use of our services
  • Our total liability to you shall not exceed the total amount of fees you have paid to us in the twelve (12) months preceding the claim

12. Indemnification

You agree to indemnify and hold harmless Loan24Seven, its officers, directors, employees, and agents from any claims, damages, losses, or expenses arising from your breach of these Terms or your use of our services.

13. Governing Law

These Terms are governed by the laws of the province in which you reside and the federal laws of Canada applicable therein. Any disputes shall be resolved in the courts of the applicable province.

14. Modifications

We reserve the right to modify these Terms at any time. Changes will be posted on this page with an updated effective date. Your continued use of our services after changes are posted constitutes your acceptance of the modified Terms.

15. Severability

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

16. Contact Us

If you have questions about these Terms, please contact us: