TERMS OF SERVICE

By using, accessing, or browsing the 24H Peso on the website, mobile application, or other related digital medium or media (collectively referred to as the "Site"), you hereby signify that you have read and understood the Terms and Conditions of the Service (the "Terms of Service") and thus consent thereto. Upon your use of the Site, these Terms of Service shall thus constitute as a binding agreement between you and 24H Peso Should any of the content of the Terms of Service not be acceptable, please exit this Site.

ELIGIBILITY

This Site is intended solely for the use of

• an individual at least eighteen (18) years of age, in good credit standing, and has the legal capacity to enter into binding agreements, specifically the availment of products and/or services offered by the Company; or

• A corporation, branch office, or partnership registered and in good standing with the Philippine Securities and Exchange Commission (SEC), has a permanent place of business in the Philippines, and is duly represented by its designated account holder duly authorized to contract or fund loans on its behalf.

By creating and maintaining an account with this Site, you represent and warrant that you possess at least one of the foregoing eligibility requirements, in case of a Borrower. You likewise expressly authorize the Company to use all necessary means to verify your identity (including sharing information, personal and non-personal, you have provided) with any third party service provider and/or data controller.

DEFINITION OF TERMS

1. Account, means the loan account in respective agreement;

2. 24H Peso, we, us, or our, means 24H Peso;

3. Borrower, you or your, describe the person as Borrower in our application;

4. Credit Limit, means the credit you have earn to determine the amount of loan you can avail;

5. Business Days, means days from Monday to Friday, except public holidays in the Philippines;

6. Current Account, means the active account occurring the services we provided;

7. Loan, the amount we have agreed to lend in this agreement;

8. Minimum repayment, means the amount reflected on your statement;

9. Natural Person, means private individual or a trust with less than three trustees, all of whom are private individual;

10. Payment Date, means the due date for repayment of all amount dues and payable as shown in your account;

11. Repayment, means the payment you have to pay off in the loan.

REGISTRATION AND APPLICATION

In creating your account or applying to become a borrower, you agree to provide the true, current, complete and accurate information about yourself in the registration or application form which is necessary for purposes of availing services under the Company. If any information you provide is untrue, inaccurate, not current, or incomplete, we reserve the right to cancel your registration, reject any application you have submitted, and restrict your future use of this Site and our products and services. The Company also reserves the right to reject any registration, deny access to the Site and/or decline any loan application in violation of these Terms of Service. Prior to registration and use of this Site, it is important for you to know that the services can only be provided if you agree to disclose relevant employment, financial, and transactional information which may be obtained by the Company, on your behalf, from all relevant sources (third parties, government agencies, service providers, among others) in your behalf and pursuant with your instruction and authorization.

AUTHORIZATION / SPECIAL POWER OF ATTORNEY

You hereby authorize and designate the Company, as your authorized representative and attorney-in-fact to request, obtain, receive and retain all personal information retained and kept by third parties about you, your personal information, your transactions and interactions, and any other information you may have disclosed or shared to such data controllers ("Third Parties").

The Third Parties shall include but is not limited to, Sky Pay and V5 pay.

The information obtained from the Third Parties, shall be included as part of your profile in this Site, for the purpose of providing you with the appropriate services, development and determination of your credit score, credit profile, credit history, borrower profile and history, or such other information and profiling which is necessary and desirable in the assessment of your participation in the Site as a borrower.

Without limiting the above, this authorization includes the instruction for the Company to obtain the following information from Third Parties at the time of registration, and periodically thereafter:

• Full Name
• Employee ID
• Employee Address(s)
• Birthday
• Age
• Sex
• Office Email
• Personal Email
• Company Mobile Phone No.
• Personal Mobile Phone No.
• Company Identifier – Partner ID
• Company Name
• Onboard Date
• Bank Name
• Bank Account Name
• Bank Account Number
• Loan History
• Purchase History

For each loan application, your authorization includes the instruction for the Company to obtain the following information from the Third Parties:

• Gross Salary, if employed by the Third Party
• Net Salary, if employed by the Third Party
• Years in Company, if employed by the Third Party
• Level/Position (Manager, Director, etc), if employed by the Third Party
• Loan History and status

By clicking the "Sign and Submit" button below, you hereby confirm that you hereby authorize and designate the Company, as your authorized representative and attorney-in-fact to request, obtain, receive and retain all personal information retained and kept by the Third Parties, to be included as part of your profile in this Site, for the purpose of providing you with the appropriate services, development and determination of your credit score, credit profile, credit history, borrower profile and history, or such other information and profiling which is necessary and desirable in the assessment of your participation in the Site as a borrower. You hereby further authorize the Company to combine, consolidate or comingle your personal information received from the Third Parties with information that you've provided in this Site and information that has been or will be obtained from other sources.

PRIVACY AND FINANCIAL INFORMATION

You agree that the following personal information (hereinafter referred to as "Personal Information"):

• Full name, permanent and residential address, contact number/s, email address, birth date and/or age, employment information, bank account details, credit card and/or financial account information, financial history, transaction history, purchase history and details of government-issued ID;
• other information from which your identity may not be apparent or which may not reasonably and directly identify you, such as, but not limited to, records of your visits and information you submit when using the Site;
• information from third parties including information obtained, upon your authorization, from your employers ("Employment Information"), and transaction, financial and credit history stored by third parties ("Transaction and Credit Information"); and
• traffic and usage information generated from your visits to the Site.

to be obtained ((from you or on your behalf from other sources) upon your registration in this Site or upon your application to avail any of the Site's products and services which shall be collected, used, processed, disclosed, retained, stored, and protected by the Company in accordance with the Privacy Policy and these terms and conditions:

• The Personal Information may be collected through the following means: cookies, flash cookies, general log information, information obtained from your employer, information collected from your service providers, information collected from third party credit bureaus, credit consolidators and referral information from third-party websites.
• The Personal Information may be disclosed to the following: (a) the Company's affiliates and subsidiaries, agents (including collection agencies), and subcontractors, which are necessary for the conduct of the Company's business and on a need-to-know basis; (b) third party providers who require the information to facilitate the loan, including but not limited to the payment, remittance, credit check (credit bureaus, service providers, service history, bank history, financial history, spending history, among others), background check, or processing of loan to the borrower, payments, agent of the borrower, transfer of the loan to a third party (i.e. financing company, monetary authority); (c) the government, regulatory agencies, and fraud prevention agencies for the purposes of identifying, preventing, detecting or tackling fraud, money laundering, or other crimes, and for other lawful purposes; and (d) other entities as may be required by law or as public interest may warrant. In the event that your Personal Information is shared to any third party for the purposes described above, such sharing shall be subject to a data sharing agreement or an outsourcing agreement which shall require, among others, that such third party is bound to exercise the same diligence in the protection of such Personal Information. In the event that you wish to withhold your consent to any such processing or sharing, such request shall be deemed as a request for the deletion of your account and the consequent termination of your transactions in accordance with the terms and conditions of the agreements you accepted and executed.
• The Company may use your Personal Information or other internet usage data as the Company may require in connection with the conduct of the Company's business, such as, but not limited to: (i) identify you as user of the Site; (ii) contact you in relation to your registered account/s or requested information; (iii) processing registration of your account/s as part of screening of the investors, borrowers, and loan applications; (iv) user profiling; (v) generation of a credit score; and (iv) to maintain internal records.
• The Company shall retain your Personal Information for the duration of your registration with the Site and for so long as you have current activities and transactions in connection with the products and services you have availed of in the Site; for the establishment, exercise or defense of a legal claim; for legitimate business purposes; or in instances required by law. Your Personal Information shall then be disposed in a secure manner that would prevent further processing, unauthorized access, or disclosure to any other party or the public, or prejudice your interest.

Borrower will be required to provide us with your latest financial statement and other financial resources.

PAYMENT

1. Borrower must make payment according to the details provided in the application;
2. Payment must be made on or before the due date which is on the 121st Day from the release of the loaned amount (the "Due Date");
3. Borrower may opt to do a partial payment but must ensure full payment of the loaned amount on or before the Due Date;
4. For late repayment or payments after the Due Date, additional 5% late payment fee plus 2.5% penalty fee per day will be applied .
5. The day we send the funds may be different to the day the funds arrive in your account.

INTEREST AND SERVICE FEE

1. Interest on your loan is fixed, which will be charge on the principal amount at per day basis;
2. Service fee will be deducted directly from the principal amount upon disbursement, for the purpose of managing borrower account, processing the application and other.

BORROWER

As a borrower, you agreed the following as fully described here:

1. Understand and agree sources of loan shall be funded by 24H Peso;
2. Credit Score provided by the third party shall be taken from information you provided,with this, credit score is only a guide that is calculated solely from information provided by you;
3. Credit Score is solely for informational purpose only, to provide helpful and informative material on the subject. The Company will not provide legal or accounting advice or any information obtain through this Service;
4. The Company does not and will not make loans or credit decisions base on the information delivered to you though this Service. The current rates and terms cannot and will not be adjust base on information displayed within this Service;
5. For generating and managing your Loan Agreement, and for the service provided, we may send to lenders and their assignees, or to the borrowers, depending on the case for certain transactional data (ex. Name, loan amount, and repayment details etc.) but not your personal address or payment details;
6. We may at any time, without noticing you, set off any liability owed to us or to our members by you, including (without limitation) in relation to any Account in your name.

USER CONTENT

By submitting content to the Site, you expressly agree to the following:

• You retain all ownership rights to the content you have uploaded on the Site.
• You hereby grant the Company a non-exclusive, transferable, sublicensable, royalty-free, world license to use, reproduce, distribute, prepare derivative works of, display, and perform any information or content that you provide in connection with your use of the Site and its services, subject to the privacy provisions in these Terms of Service and the Privacy Policy. You grant the Company the right to review, delete, edit, reformat, excerpt, or translate any of your information or content.
• You are solely responsible for the content and information you make available through or in connection with our products and services. The Company will not be liable for any use or misuse of your personal data by others.
• All the information and content posted on the Site or privately transmitted through the Site or via other means in connection with the Site's services is the sole responsibility of the person from whom that content originated. The Company will not be responsible for any errors in or omission of any information or content posted by a user.
• The Company may access and use the information recorded by credit reference and fraud prevention agencies for purposes of assessing lending risks and identifying, preventing, detecting or tackling fraud, money laundering and other crimes.

SERVICE PROVIDED

By continuing accessing our Service, means You represent and guarantee us that:

1. You will not bully, abuse, harass, threaten, impersonate, or stalk people or entities;
2. You will not do illegal or unauthorized action through the Service. You agree to comply with Laws and Regulations applicable to the use of Service and Content, including but not limited to intellectual property laws, banking laws, and other prevailing laws in the Philippines;
3. You will not change, modify, adapt, or alter any Service or change, modify, or alter another website so as to falsely imply that it is associated with Us;
4. You will not access Our private API by means other than those We permitted;
5. You will not create or submit unwanted comments, likes, or other forms of commercial or harassing communications ("Spam") via the Service.
6. You will not use Our domain names or web URLs in any username or in any other place without Our express consent.
7. You will not interfere or disrupt the Service or servers or networks connected to the Service, through different means including, but not limited to, transmission of worms, viruses, spyware, malware, or any other code that is destructive or disruptive in nature. Furthermore, you may not inject content or code or otherwise alter or interfere in any way the Site or other page that is rendered or displayed in a User's browser or device.
8. You will not attempt to restrict another User from using or enjoying the Service. Furthermore, you must not encourage other Users or facilitate violations of these Terms of Use or any other of the Company's terms.

TERMINATION OF AGREEMENT

This agreement may be terminate by You, with settled amount owning to us at any time with or without advance notice to us. The amount to settled this Agreement will be the total following:

1. Unpaid balance of the principal debt;
2. Unpaid interest charges and all other fees, payable until the settlement date;
3. If you'll like the settled the amount with statement of settlement, we will be providing you the statement which should be done within 5 business days.

The Company may terminate or suspend your access to or ability to use the Site immediately, without prior notice or liability, for any reason or no reason, including breach of these Terms of Service.

Termination of your access to and use of the Site shall not relieve you of any obligations arising or accruing prior to termination or limit any liability that you otherwise may have to the Company or any third party.

DEFAULT TERMS

Default terms in this Agreement will occur:

1. Failure of repaying in full on or before the payment date, you have breach this Agreement, or any other Agreement between us, and you fail to remedy the breach within the time period specified in our written notice to you;
2. If you are in default and we withdraw your rights in terms of this Agreement and you dispute such withdrawal, you must continue to pay the amounts owing to us. The acceptance of such payments by us will not prejudice our claim of withdrawal or any other claim which we may have;
3. In the event of default, we may, at our election and without prejudice to any other remedy which we may have in terms of this Agreement or otherwise, recover from you payment of all amounts owing under this Agreement (whether then owing or not) by adhering to the default procedure described above.

GOVERNING LAW

This Terms of Use shall be governed and interpreted in accordance to the prevailing Philippines laws and regulations by using English as the prevailing language.

RESPONSIBILITY FOR ACCOUNT

You are solely responsible for maintaining the confidentiality of your username, password, account and any other login or authentication and validation information you created or provided to the Site ("Unique User Credentials"). By creating and maintaining your account, you agree to honor all activities performed and obligations contracted using your account.

You agree and confirm that any use of your Unique User Credentials shall at all times be presumed to be access by you and, if by a third party, with your consent and authority. Any and all activities or transactions using your Unique User Credentials shall be valid and binding transactions created, committed and performed by you.

If there is an unauthorized use of your account or a breach of its security, you hereby undertake to notify the Company of the relevant circumstances thereof immediately.

UNAUTHORIZED ACTIVITY

Our Service may be use and access for lawful purposes only, by the consent agreement not to do the following activity while using the service:

1. Attempt the access or search the Service or download content from the Service through any engine, software, tool, agent, device or mechanism;
2. Access or use non-public areas of the Service, our computer systems, or the technical delivery system to our providers;
3. Gather and use information available in the Service, which include the following: user name, real name, email address, and others. Or transmit any unsolicited advertising, junk mail, spam, or other form of solicitation.
4. Used of any Commercial purpose or for other benefit of any third party in any manner not by the following terms: a. violating applicable laws or regulations; b. encourage or enable any other individual to do any of the foregoing. We reserve the right to investigate and prosecute violations of any of the above users who violate these terms of use.

The Company will not be liable for any loss that you may incur as a result of someone else using any of your account or Unique User Credentials, either with or without your knowledge. You could be held liable for losses incurred by the Company due to a third party using your account or Unique User Credentials.

While the Company has implemented adequate safeguards as required under the Data Privacy Act of 2012, the Company does not give any guarantee or warranty with respect to the same. You hereby acknowledge that you provide your Personal Information at your own risk.

RESTRICTIONS ON USE

You agree to abide by all applicable terms and conditions, laws and regulations in your use of the Site, its products and services. In addition, you agree that you will not do any of the following:

• register for more than one account, or register for an account on behalf of an individual other than yourself or on behalf of any group or entity;
• post or otherwise make available content, or take any action on the Site, that may constitute libel or slander or that infringes or violates someone else's rights or is protected by any copyright or trademark, or otherwise violates the law;
• post or otherwise make available content that in the Company's judgment is objectionable, such as content that is harmful, threatening, inflammatory, obscene, fraudulent, invasive of privacy or publicity rights, hateful, or otherwise objectionable, or which restricts or inhibits any other person from using or enjoying the Site, or which may expose the Company or users of the Site to any harm or liability of any type;
• use the information or content on the Site to send unwanted messages to any other user;
• impersonate any person or entity, or falsely state or otherwise misrepresent yourself, your age or your affiliation with any person or entity;
• post or otherwise make publicly available on the Site any personal or financial information of any third party;
• solicit passwords or personally identify information for commercial or unlawful purposes;
• use the Site or our products and services in any manner that could damage, disable, overburden or impair the Site;
• harvest or collect email addresses or other contact information of other users from the Site by electronic or other means, including the use of automated scripts; or
• post or otherwise make available any material that contains software viruses or any other computer code, files or programs designed to interrupt, destroy or limit the functionality of any computer software or hardware or telecommunications equipment.

ENTIRE AGREEMENT

This Terms of Use (including the Service Agreement for the Registered User only) constitutes and contains the entire agreement and understanding between the User and Us and supersedes any and all prior understandings, agreements, notification, publications, advertisements and arrangements between the User and Us with respect to the subject matter hereof.

NO WARRANTY; ERRORS

The products and services on the Site are provided "as is" and without any representation or warranty. To the fullest extent permissible under applicable laws, the Company disclaims all such warranties, express or implied, including, but not limited to, warranties of merchantability, fitness for a particular purpose, non-infringement, accuracy, freedom from errors, suitability of content, availability, payment or realization of transactions.

The Company does not warrant the accuracy, adequacy or completeness of the information provided on the Site and expressly disclaims liability for any errors or omissions in such information. The Company does not guarantee and promise any specific results from use of the Site and its products and services.

The Company shall not be responsible for what users post on the Site or any offensive, inappropriate, obscene, unlawful or otherwise objectionable content uploaded by other users on the Site. The Company is not responsible for the conduct, whether online or offline, of any user of the Site or its products or services.

LIMITATION OF LIABILITY

To the fullest extent permitted by applicable law, in no event shall the Company, its directors, officers, representatives, agents, or assigns be liable for any direct, special, indirect or consequential damages, or any other damages of any kind, including but not limited to loss of use, loss of profits or loss of data, whether in an action in contract, tort (including but not limited to negligence) or otherwise, arising out of or in any way connected with the use of or inability to use the Site, including, without limitation, any damages caused by or resulting from reliance by user on any information obtained from the Site, or that result from mistakes, omissions, interruptions, deletion of files or email, errors, defects, viruses, delays in operation or transmission or any failure of performance. You expressly agree that your use of the Site is at your sole risk.

The Company, its directors, officers, representatives, agents, or assigns, shall not be liable to you for loss or damage of any kind which you may suffer as a result of being a member of the Site, except where such loss or damage arises from our breach of these Terms of Service or was caused by gross negligence, willful default or fraud by the Company or employees. The Company shall also not be responsible for any breach of these Terms of Service arising from circumstances outside our reasonable control.

LIABILITY FOR BREACH

You shall be liable for any loss or damage suffered by the Company and/or its users as a result of

• your breach of these Terms of Service or any agreement you have entered into pursuant to the Site's services;
• your fraudulent use of the Site; and
• your provision of inaccurate, false or fraudulent data.

INTELLECTUAL PROPERTY RIGHTS

The design, trademarks, service marks, and logos of the Site ("Marks"), are owned by or licensed to the Company, subject to copyright and other intellectual property rights under the laws of the Philippines, foreign laws and international conventions. You may not use, copy, or distribute of any of the Marks found on the Site unless otherwise expressly permitted.

CHANGES TO TERMS OF SERVICE

The Company reserves the right to make changes to these Terms of Service ("Updated Terms") at any time. Unless the changes in the Terms of Service are for legal or administrative reasons, the Company will provide reasonable advance notice before the Updated Terms become effective by posting the Updated Terms on the Site.

Your use of the Site after the effective date of the Updated Terms constitutes your agreement to the Updated Terms. You should review these Terms of Service and any Updated Terms before using the Site.

LENDER AUTHORIZATION

By accepting these Terms of Service, you understand that you assume the risk of non-payment.

To mitigate this risk, the Company may, to the extent possible, assign any loan that is in default under the applicable loan document, a Non-Performing Loan (hereinafter "NPL"), to a third party, in each case endeavoring that you shall receive the unpaid principal, interest, and penalties which you are entitled to receive under the terms and conditions of the Loan.

In accordance with the above, you hereby authorize and designate the Company, as your authorized representative and attorney-in-fact to assign, sell, or otherwise dispose/assign the NPL to a third party, upon prior notice. The Company will inform you, via email of such assignment and shall credit the unpaid principal, interest, and penalties to your account on record.

ACCEPTANCE

I confirm having read and understood and agree to the foregoing Terms of Service. By accepting this Terms of Service and the Privacy Policy you signify your express consent in accordance with Republic Act No. 10173, otherwise referred to as the Data Privacy Act of 2012 and its Implementing Rules and Regulations (promulgated 24 August 2016), Republic Act No. 9510 otherwise known as the Credit Information System Act, as well as other applicable confidentiality and data privacy laws of the Philippines. You agree to hold the Company, its officers, directors and stockholders, free and harmless from any and all liabilities, damages, actions, claims, and suits in connection with the implementation or processing of Personal Information in relation to your consent or authorization under these Terms of Service.

ATTENTION

With regards, this is to inform you that to never trust any text messages saying that an error occurs in 24H Peso repayment mode under the name of 24H Peso or any personal name account. Only Complete Repayment via 24H Peso Online Lending App! ONLY LEGIT WAY!