Terms of Service

1. Service Overview

Loans BC is an information and referral service, not a direct lender. We connect borrowers with licensed lending partners who offer e-transfer payday loans and other credit products. We do not originate, fund, or service loans ourselves. By using our site, you acknowledge that you are seeking information about available lending options and may be referred to third-party lenders for credit decisions and loan terms.

2. Eligibility and Use

To use Loans BC, you must be:

• At least 18 years of age
• A Canadian resident with a valid Canadian mailing address
• Seeking information about short-term lending products
• Acting on your own behalf and not on behalf of another person or entity

You agree not to misrepresent your identity, location, or financial situation when using our services. Any fraudulent or misleading information may result in immediate termination of your access and referral to appropriate authorities.

3. No Guarantee of Approval or Rates

Loans BC makes no guarantee that you will be approved for credit or that any specific rate, term, or amount will be offered. Lending decisions are made solely by our partner lenders based on their underwriting criteria. Approval depends on factors including credit history, income verification, employment status, and other lender-specific requirements. All credit situations are welcome to apply, but approval is never guaranteed.

4. Referral and Third-Party Lender Terms

When you submit an application through Loans BC, your information is shared with one or more of our licensed lending partners. Each lender has its own terms of service, privacy policies, and lending criteria. Your use of any lender's services is governed by their separate agreements, not these terms. We encourage you to review each lender's terms before accepting any loan offer.

Loans BC is not responsible for the actions, omissions, products, or services of our lending partners. Any disputes regarding loan terms, rates, fees, or repayment should be addressed directly with the lender.

5. Information Accuracy

Loans BC strives to provide accurate, timely information about lending options and the loan application process. However, we do not warrant that all information on our site is complete, accurate, or error-free. Lending products, rates, and availability may change without notice. We recommend verifying all details with your lender before committing to any loan.

You are responsible for ensuring that all information you provide is truthful and complete. Providing false information may result in loan denial, account closure, or legal action.

6. Fees and Compensation

Loans BC does not charge you a direct fee to use our referral service. We earn compensation from our lending partners when they fund a loan through our referral. This does not increase the cost of your loan or affect the rates offered by lenders. You will never pay Loans BC directly for a referral or application.

Any fees associated with your loan (such as interest, origination fees, or prepayment penalties) are determined by your lender and disclosed in your loan agreement. Always review your lender's fee schedule before accepting a loan.

7. Responsible Borrowing

Payday loans and short-term credit products carry higher interest rates and are intended for short-term financial needs only. Borrowing more than you can repay may result in a cycle of debt. Before applying, carefully consider whether you can repay the full amount by the due date.

For more information on responsible borrowing practices, please review our Responsible Borrowing Guide.

8. Privacy and Data Protection

Your privacy is important to us. Information you provide through Loans BC is collected, used, and protected in accordance with our Privacy Policy and applicable Canadian privacy legislation, including the Personal Information Protection and Electronic Documents Act (PIPEDA) and provincial privacy laws.

By submitting an application, you consent to the collection and sharing of your personal and financial information with our lending partners for the purpose of credit assessment and loan origination.

9. Intellectual Property

All content on Loans BC, including text, graphics, logos, images, and software, is the property of Loans BC or our content providers and is protected by Canadian and international copyright law. You may not reproduce, distribute, or transmit any content without our prior written permission, except for personal, non-commercial use.

10. Limitation of Liability

To the fullest extent permitted by law, Loans BC and its owners, operators, and employees are not liable for any indirect, incidental, special, or consequential damages arising from your use of our site or referral services, including lost profits, lost data, or business interruption. This applies even if we have been advised of the possibility of such damages.

Our total liability to you for any claim related to these terms or your use of Loans BC shall not exceed the amount you paid to us, if any.

11. Disclaimer of Warranties

Loans BC provides its services "as is" and "as available" without warranty of any kind, express or implied. We do not warrant that our site will be uninterrupted, error-free, secure, or free from viruses or malicious code. We do not warrant the accuracy, completeness, or reliability of any information or recommendations on our site.

Your use of Loans BC and any third-party services is at your own risk.

12. Indemnification

You agree to indemnify and hold harmless Loans BC, its owners, operators, employees, and agents from any claims, damages, losses, or expenses (including legal fees) arising from your use of our site, your violation of these terms, or your violation of any applicable law. This includes claims arising from your interactions with lending partners or any loan obtained through our referral.

13. Modifications to Terms

Loans BC reserves the right to modify these terms at any time. Changes will be effective immediately upon posting to our site. Your continued use of Loans BC following any modification constitutes your acceptance of the updated terms. We encourage you to review these terms periodically to stay informed of any changes.

14. Termination

Loans BC may terminate or suspend your access to our services at any time, without notice or cause, if we believe you have violated these terms, engaged in fraudulent activity, or otherwise acted in a manner harmful to our services or users. Upon termination, your right to use Loans BC ceases immediately.

15. Governing Law and Jurisdiction

These terms are governed by and construed in accordance with the laws of Canada and the province in which you reside, without regard to conflict of law principles. Any legal action or proceeding arising under or relating to these terms shall be brought exclusively in the courts of the applicable Canadian province, and you consent to the jurisdiction and venue of such courts.

16. Severability

If any provision of these terms is found to be invalid, illegal, or unenforceable by a court of competent jurisdiction, that provision shall be severed, and the remaining provisions shall continue in full force and effect.

17. Contact and Dispute Resolution

If you have questions about these terms or wish to report a concern, please contact us through our website. We are committed to resolving disputes fairly and efficiently. If you have a complaint about a lender, please contact that lender directly or file a complaint with your provincial financial regulator.

18. Entire Agreement

These terms, together with our Privacy Policy and Affiliate Disclosure, constitute the entire agreement between you and Loans BC regarding your use of our services and supersede all prior negotiations, understandings, and agreements, whether written or oral.