These terms and conditions explaining the operations of MyCreditBucks. These include the rules and regulations that apply to you when you intend to use our website. This becomes also relevant when you are applying for a loan with us.
By agreeing to use our services or our website, you confirm that you have read, understood our terms and conditions carefully. You are ready to accept them as well. You must stop using our website if these terms are unacceptable for you.
MyCreditbucks is a direct lender operating in Ireland. We specialise in providing short-term loan products.
There are different ways you can interact with our website. If you browse through MyCreditBucks for any information or explore the content of this website, it means you accept our terms and conditions.
Besides, if you use any of our online tools to extract any information, this will be considered as acceptance of our terms and conditions. Submitting a loan request here in our website either in full or partially will also indicate that you have accepted our terms.
You can accept loan agreement either electronically or otherwise after receiving the formal loan proposal. Our terms are a binding agreement between you and us.
You can stop accessing or browsing our website at any time if you feel that these conditions are unacceptable.
You must satisfy the eligibility conditions i.e. your age should 18 years of above, you must be a permanent Irish resident with an active bank account and stable job to support repayments.
If you want to apply for any loan product through us, fulfilling the given criteria is a must. This does not certify that loan approval will surely be provided. We hold the right to decline your loan application at any point if it does not fulfil our requirements.
From your end, we will need a few confirmations before proceeding with your application. Make sure that the information you provide is correct and true. We will validate the authenticity of your details.
There will be few mandatory checks to be performed from our end. These include basic affordability and hard checks at the time of processing your loan application. You must understand that loan approval is not guaranteed just because you have submitted application successfully.
Avoid sharing incorrect or misleading information, as this will result in rejection of the loan application. It could eve result in cancellation of the loan agreement at any stage of the term.
Before proceeding to pre-approve your loan application, MyCreditBucks will assess a few things. Once confirmed, the formal loan offer will be handed over to you. It will have the loan amount, date of repayment, interest rates and overall cost of borrowing mentioned on it.
We expect you to review the offer carefully before agreeing to it. Once you accept the offer, a binding agreement will be formed. Prevent yourself from accepting the loan offer without reading all the essential documents carefully.
Everything related to the fee structure will be shared before you go ahead and accept the loan offer. You will know the interest rates charged on the borrowed amount. Moreover, you can offer if any additional charges like processing fees will be charged or not.
The total cost of loan will always be known to you in advance and there will no hidden fees. We will be bound to charge extra money if you fail to pay back loans within the given time frame. The applied rate of interest may compound.
Your credit scores may get affected because of delayed payments. However, you can reach out to us to discuss repayment options. We would recommend that borrowers struggling with repayments should contact us as soon as possible to check out alternative solutions.
There will be no pre-payment fees charged by us if you wish to repay loans in advance. You can pay back in full or in part and it will help to reduce the total cost of interest. You can request a settlement quote at any time of the term.
We are committed to lend money responsibly. We will pursue the ethical way of lending by conducting the necessary affordability checks before making decision regarding loan approval.
We will never hide any information from our borrowers. They can come back to us at any time to clear up any doubt. Transparency will be maintained from our end and we will expect the same to be maintained from your end as well.
We avoid offering loans to someone who cannot afford to repay loans within the given deadline. We encourage borrowers to pay attention to understanding their repayment potential before borrowing.
It will not be good for them to ignore payment issues at the initial stage. Later, this may turn into a serious issue and can leave an imprint on your credit file.
We would like to advice that one must apply for loans when there is a genuine need. One should not borrow without confirming if repayments are affordable for them or not.
Please note that approval decision is subject to affordability assessment and suitability of your financial profile. Once you receive the loan, you should take repayments light. It will be your responsibility to repay loans within the specified duration.
You must remember that borrowing beyond your means will invite financial complexities in the future.
We restrict you from using our website for unlawful purposes. The correct ways to use our website has already been mentioned and you must abide by them. Your actions should not disrupt the usual functioning of this website.
We also restrict you from uploading harmful or malicious content. You are restricted from copying or reusing the content of this website without our consent. If we spot any misuse from your end, we will restrict your access to website at any time.
