LOAN TERMS AND CONDITIONS
Definitions – In this Agreement, unless the context otherwise requires: The words below have the following meanings in this Agreement: "Act" is the Consumer Credit Act 1974. "Amount of credit" is also referred to as ‘your loan’ and is the amount of credit to be provided under this Agreement.
"Total charge for credit" is the sum of interest charged on the Amount of credit.
""Total amount payable" is the total amount payable by you under the terms of this Agreement, being the sum of the Amount of credit and the Total charge for credit.
"You"/"your" mean the borrower(s).
"We"/ "us"/"our"/"me" means URANO FINANCING, LLC, its successors and assigns
COMPANY INFO:
Company Name: URANO FINANCING, LLC
Entity Number: E0423752009-3
Status: Active
Nevada Business ID: NV20141221072
Address 1:4707 SIRACH CT, SPARKS, NV, 89436, USA
Zip Code: 89436
Phone: (903) 265-4396
WHAT WE OFFER:
Loan ranging from $50,000.00 TO $50,000,000.00
Interest rate-ranges from 5-20% depending on the type of loan III. Fast funding within 72 working hours after approval
Funding frame 4-5 working days
REQUIREMENTS:
Borrower must have a working bank account to their name or company name which will be used for the transfer of the loan. Borrower must have either the copy of a drivers license, work identity card, national identity card or international passport for the confirmation of legitimacy and for the processing of their loan. Borrower must provide bank statement of account or last pay stub to ascertain their financial status and also an assurance of paying back the loan completely and on time.
PAYMENTS:
Borrower will start the repayment a month after the loan has been is deposited to the Borrower's bank account. Borrower will be given four weeks (a month) grace to payback the principle and interest at the end of the loan duration before legal actions will be taken. The Borrower shall repay the loan on a monthly basis in installments as specified in the repayment schedule of the Loan Contract or on the due date agreed by the Lender and the Borrower. If the due date is not a banking business day, the due date for the payment of the loan installment and interest as well as the expenses and fees charged for the loan will be the following banking business day. If the due date is transferred, the Lender has the right to demand for the outstanding payment and if not adhered then the lender has the right charge the interest on the loan pursuant to the interest rate determination period in force from the original due date to the new due date on the entire remaining loan principal remaining on the due date. Failure to pay back the loan at the expected date / period, legal actions will be taken against the borrower. The Loan shall not fall due if the delay in payment is due to the Borrower's illness, unemployment or other comparable reason beyond the control of the Borrower, except for when it would be obviously unreasonable for the Lender not to demand the repayment of the Loan, considering the duration of the delay and other conditions. The borrower is obliged to report any obstacle to payment without delay.The Loan shall fall due for immediate payment as demanded if the Borrower is deceased or declared bankrupt or a district court has decided on the commencement of debt arrangements..
CONSEQUENCES OF DEFAULT TO PAYMENT:
If the Borrower defaults on the payment of a repayment pursuant to the Loan Contract in full or part, the Lender or Lenders representative have the right to demand interest on arrears in accordance with the terms and conditions of the Loan Contract, demand the immediate repayment of the Loan, engage in debt collection measures and report the default of payment obligations under the Loan Contract to the credit rating register. The debt collection of the Loan results in costs for which the Borrower is liable.
You must also repay the amount you owe us within the timescale set out in this Agreement by sending a check for the amount of your loan, made payable Urano Financing LLC, the amount you owe us will be the amount of your loan. We will not charge you any interest. If you do not repay the amount you owe us within 30 calendar days from the day after the date you notified us of your intention to withdraw, we will recover it as a debt through the Courts. Your right to repay early.
COMMUNICATION:
Borrower must inform us about any change of circumstances and MUST notify us in writing within seven days of any change in your address or if you think there is any information that We Should be aware of .If the Borrower has provided misleading information that may have influenced the granting of the Loan or its terms and conditions or if the Borrower is guilty of other material breach of agreement, I have the right to demand the repayment of the entire remaining principal with interest and other fees by the Borrower within four (4) weeks or, if the Borrower has been informed previously of the breach of agreement, within two (2) weeks of the reminder of due date being sent to the Borrower if the breach of agreement has not been rectified by that time.
BORROWER DUTY TO PROVIDE INFORMATION:
When applying for a loan, the Borrower asserts that the information provided by the Borrower is correct and true. The Borrower is liable for the correctness of the information provided by the Borrower. The Borrower shall provide information on the Borrower's financial position by submitting a bank statement or pay stub and other information which has effects on the lender-borrower relationship essential in the loan application.
INTEREST:
Interest varies but starts at 5% as it our believe that this is the fairest way to charge interest and should result in you paying back less interest over the course of the loan term. If installments are not paid by the Due Date, the Borrower is liable to pay in arrears of any outstanding payments
RIGHT TO AMENDMENT:
The Lender have the right to amend the terms and conditions of loan service contracts and loan contracts by informing the Borrower in advance in writing if the amendment does not increase the responsibilities or reduce the rights of the Borrower, and the amendment is due to an amendment to legislation or a decision issued by the authorities. The Borrower is considered to have approved the amendments to the terms and conditions unless the Borrower objects to the amendments by the proposed effective date of the amendments. The Borrower is informed of the amendment a minimum of one month in advance of the effective date of the amendment. APPLICABLE LAW AND SETTLEMENT OF DISPUTES: This Agreement is subject to Finnish legislation. If any disputes arising from this contract cannot be resolved through negotiations between the parties, the dispute shall be resolved by the District Court of the Borrower's domicile.
THE APPROVAL PROCESS:
It takes the interval of 2 to 5 days from application to funding. On receiving the loan application, It is carefully examined. Loan application received is considered and decision is made based on the flow of income on the bank statement and overall ability to repay the loan. It is ensured that any loan approved, does not result in them facing financial difficulties and a struggle with repayments.
Change of address:
You will notify us in writing within seven days of any change in your address.
Loan fee:
There shall be loan fees such as loan origination, underwriting fee, appraisal fee and processing fee.
Thank you. I look forward to working with you.