This disclosure is provided to inform you about the lending services offered by enok.global ("we," "us," or "our"). By submitting a loan application, you acknowledge and agree to the following terms:
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Nature of Services: enok.global operates as a private lending broker. We connect borrowers with third-party lenders but do not provide loans directly. All loan transactions are conducted through independent lenders, and we do not endorse or guarantee the terms of any loan offered by these lenders.
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No Guarantee of Loan Approval: Submission of a loan application does not guarantee loan approval. Loan approvals and terms are determined solely by third-party lenders based on their criteria, which may include creditworthiness, income verification, and other financial assessments.
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Collection of Personal Information: By applying for a loan, you consent to the collection, use, and sharing of your personal information as necessary to process your application. We may share your information with affiliated lenders, service providers, and credit bureaus in accordance with applicable privacy laws. Your information will be handled with the utmost confidentiality and in compliance with all relevant data protection regulations.
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Credit Check Authorization: You authorize us and our lending partners to conduct credit checks and verify your financial information as part of the application process. This may include obtaining your credit report from credit bureaus, and you acknowledge that this check may affect your credit score.
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Interest Rates and Fees: The interest rates and fees associated with loans arranged through our services are determined by the individual lenders and may vary based on your financial profile. We do not set or regulate these rates. It is your responsibility to review all loan terms provided by the lender before accepting any offer.
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Regulatory Compliance: While we strive to operate in compliance with all applicable laws and regulations, it is important to note that as an unlicensed broker, we may not be subject to the same regulatory oversight as licensed lenders. We recommend you seek independent legal advice before entering into any loan agreement. We also advise you to educate yourself on your rights as a borrower to ensure you make informed financial decisions.
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Disclosure of Risks: Borrowing funds involves risks, including the potential inability to repay the loan, which may result in additional fees, a negative impact on your credit score, and legal action by the lender. It is essential to understand the full implications of taking on debt before proceeding with your application.
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Dispute Resolution: Any disputes arising from your application or loan agreement should be resolved directly with the lender. We are not liable for any issues or disputes that may arise from the terms of the loan. We recommend including a clause in your loan agreement regarding dispute resolution processes, including mediation or arbitration, to protect your interests.
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Right to Withdraw: You have the right to withdraw your loan application at any time before accepting an offer from a lender. Should you choose to withdraw, please notify us immediately.
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Consumer Protection: We are committed to promoting responsible lending practices. We encourage borrowers to assess their financial situation carefully and to borrow only what they can afford to repay. If you believe you are facing financial difficulties, we recommend seeking advice from a qualified financial advisor or credit counselor.
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Privacy Policy: We maintain a strict privacy policy to protect your personal information. Your data will not be sold or shared with unauthorized third parties. We implement industry-standard security measures to safeguard your information from unauthorized access, disclosure, or misuse.
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Limitations of Liability: enok.global and its affiliates are not liable for any direct, indirect, incidental, or consequential damages arising from your use of our services or your engagement with any third-party lender. This includes any loss of profits, business interruption, or loss of data.
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Acknowledgment of Terms: By submitting your application, you acknowledge that you have read, understood, and agreed to this legal disclosure and that you are voluntarily providing your information for the purpose of obtaining a loan.
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Contact Information: If you have any questions regarding this disclosure, our services, or your rights as a borrower, please do not hesitate to contact us at:
