Last updated: Feb 2019

Please read these Terms and Conditions (“Terms”, “Terms and Conditions”) carefully before using the http://jak56loans.com website (the “Service”) operated by Jak 56 Loans (“us”, “we”, or “our”).

Your access to and use of the Service is conditioned on your acceptance of and compliance with these Terms. These Terms apply to all visitors, users and others who access or use the Service.

By accessing or using the Service you agree to be bound by these Terms. If you disagree with any part of the terms then you may not access the Service.

Links To Other Web Sites
Our Service may contain links to third-party web sites or services that are not owned or controlled by us.

We has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. You further acknowledge and agree that W shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such web sites or services.

We strongly advise you to read the terms and conditions and privacy policies of any third-party web sites or services that you visit.

Termination
We may terminate or suspend access to our Service immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.

All provisions of the Terms which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.

Governing Law
These Terms shall be governed and construed in accordance with the laws of Philippines, without regard to its conflict of law provisions.

Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions of these Terms will remain in effect. These Terms constitute the entire agreement between us regarding our Service, and supersede and replace any prior agreements we might have between us regarding the Service.

Changes
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material we will try to provide at least 30 days notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion.

By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.

Co-maker / Guarantor
The Co-maker / guarantor accepts that they are equally liable for the payment of the loan and if the loan is not paid in full at the end of the loan term that they become equally responsible for the repayment.

Late Payment Charge
Any payment not received by the due day shall be subject 500 pesos late payment processing fee

Collection Fees
If this note is placed with a third party for collection or incurs any costs in collecting the loan, then Borrower agrees to pay these costs which will be added to the unpaid balance of the loan.

Default
If Borrower has not paid the full amount of the loan when the final payment is due, the Lender will charge Borrower interest on the unpaid balance at 1 percent (1 %) per day.

Dispute Resolution
Where any dispute arises among the Parties as to the performance or interpretation of this Deed, the Parties will resolve the dispute in the following manner:
First: The parties must use the Barangay Hall
Second: Party resort to litigation. All costs to be paid by the borrower

Contact Us
If you have any questions about these terms and conditions, please contact us using the facebook messenger, live chat, email or telephone 0936 295 6364.