Last Updated: August 3, 2018
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Table of Contents:
- Account Registration
- Consents You Grant by Registering and Using the Services
- Advertised Rates and Savings
- Your Use of the Site
- Posting Content on the Site
- Digital Millennium Copyright Act
- Disclaimer of Warranties
- Limitation of Liability
- Dispute Resolution and Arbitration
- Governing Law
1. ACCOUNT REGISTRATION
Registering for an account with us by providing the information requested in our registration process will give you access to analysis of related information and products and services from our marketing partners, and any additional features we may develop for registered account holders. Registering for an account is optional, but if you elect not to register for an account, you will not be able to access certain features of the Services. You may only register for an account if you are eighteen or older. By registering, you certify that you meet these criteria. All information you provide to us about yourself and your third party financial accounts must be true, accurate, current and complete information. You are required to keep all information up to date and accurate. You may not register an account for anyone but yourself. You agree not to misrepresent your identity, your personal information or your third party account information. By registering for an account or using the Services, you accept all responsibility for maintaining the confidentiality of your password, controlling and limiting access to your account, and for all activities that occur under your account or password. You may not sell, transfer or assign your account. We may, without notice to you, suspend or terminate your account or your use of the Services or otherwise deny you access to the Services at any time and for any reason, including, without limitation, if we suspect that information you have provided is untrue, inaccurate, not current, or incomplete. You agree that we will not be liable to you or any third party if we suspend or terminate your access to any Services for any reason. We retain sole ownership over your LendEDU account information.
2. CONSENTS YOU GRANT BY REGISTERING AND USING THE SERVICES
When you register for an account with us, you will provide us the following specific authorizations and consents:
i. Authorization for us to provide your information to our network partners, on your behalf, and authorization for our network partners to contact you (including by automated dialing systems and by text message) by telephone, mobile device (including SMS and MMS), and/or email even if you are on a corporate, state or national Do Not Call registry or list;
ii. Authorization for us and our network partners to obtain consumer report information and related information about you from one or more consumer reporting agencies for the purpose of providing you with information concerning products or services that may be of interest to you; and
iii. Your consent to receive electronic disclosures from us and our network partners pursuant to the terms of our Consent for Electronic Signatures, Records and Disclosures (e-sign consent).
You understand that LendEDU may contact you directly using the information provided. For example, we may contact you through email and provide information in the form of promotions, newsletters, and special offers. Furthermore, we use your information to send you Service related email messages (e.g., account confirmations/verifications, Service updates/changes, and technical and security notices.). Users have the option to opt-out of receiving our promotional or newsletter emails at anytime by clicking the “unsubscribe link” provided in the email or by contacting us at [email protected] Opting-out in this manner does and will not end transmission of service related emails or notices.
3. ADVERTISED SAVINGS AND RATINGS
We may use information from your Member Profile and data we have on available options for financial products or services to estimate your loan terms through one of the financial products or services available through our Services. Our estimates are based on certain assumptions and use only the data we have, and are neither endorsed by, nor commissioned by, any of providers or third parties. We do not warrant or guarantee the accuracy, adequacy, timeliness, reliability, completeness or usefulness of any estimates we provide, and we disclaim all liability for any errors or omissions in any such estimates.
4. YOUR USE OF THE SITE
The text, images, graphics, data, links, software, audio, video, or other materials (“Content”) found on the Site is provided to you by us. The Content found on the Site is either owned by us or the person that published it, subject to a license granted to LendEDU, and therefore, the Content cannot: (i) be republished by you or any other third-party without consent from the person that published it or prior written consent from LendEDU; or (ii) plagiarized. All trademarks, trade names, tag lines remain the sole and exclusive property of LendEDU or their respective owners. The Content found on the Site is not reviewed, screened, censored, edited, or otherwise modified. By using the Site, you expressly relieve us from any and all liability arising from your use of the Site. We may monitor your use of this Site, and may freely use and disclose any information and materials received from you or collected through your use of the Site for any lawful reason or purpose. We may change, suspend or discontinue any aspect of the Site at any time, including the availability of any Site feature, database, or Content. LendEDU may also impose limits on certain features and services or restrict your access to parts or all of the Site without notice or liability. The Site may contain links to third-party websites that are not owned or controlled by us. We have no control over, and assume no responsibility for, the content, privacy policies, or practices of any third-party websites. In addition, we will not and cannot censor or edit the content of any third-party site. By using this Site, you expressly relieve us from any and all liability arising from your use of any third-party website. Accordingly, we encourage you to be aware when you leave this Site to read the terms and conditions and privacy policies of every website that you visit.
5. POSTING CONTENT ON THE SITE
6. DIGITAL MILLENNIUM COPYRIGHT ACT
LendEDU respects the intellectual property rights of others and expects users to do the same. Pursuant to 17 U.S.C 512(c)(3) (Digital Millennium Copyright Act of 1998), LendEDU’s designated agent to receive notice of alleged copyright infringement is:
80 River Street, Suite 3C-2
Hoboken, NJ 07030
To file a notice of infringement with us, you need to fulfill the requirements specified in Title II of the Digital Millennium Copyright Act of 1998. The text of this statute can be found at the U.S. Copyright Office website, Digital Millennium Copyright Act of 1998 (visited January 29, 2016). LendEDU will act pursuant to the Act to resolve claims of infringement. Those accused of copyright infringement are informed that repeated violation could result in permanent suspension from the Site.
You may voluntarily access an algorithm that compares information provided by you to information compiled by LendEDU. The algorithm includes use of publicly available information and User data. Information and interactive functions within the LendEDU website are made available to you as self-help tools for your independent use and are not intended to provide investment advice and/or financial advice. LendEDU does not recommend that you rely upon on the information provided through the website or algorithm to make a decision about any option made by a provider or third party through the website. Use of the algorithm or website does not guarantee approval or qualification. By clicking on any button or icon indicating an acceptance or agreement to terms, a continuance of procession or submission, you understand that you are consenting, acknowledging and agreeing to the stated terms and conditions of that submission and that you are submitting an pre-qualification request to a provider or third party or multiple providers to whom your pre-qualification request is transmitted. You further acknowledge that any methods utilized by providers or third parties are separate and independent from those of LendEDU. Furthermore, any responses from providers or third parties to your pre-qualification request are between you and the provider or third party and done pursuant to the timeline of the provider or third party. In order for you to receive options from providers or third parties, you acknowledge that LendEDU is required to submit pre-qualification requests on your behalf to such third parties. LendEDU does not guarantee acceptance of any option or any particular term of any option with any provider or third party. In addition, we are not a party to the dealing, contracting and fulfillment of any offer. We are not required to and do not verify any information given to us by users or providers. We do not endorse or recommend the products or services of any particular provider or third party accessed by you in your use of the LendEDU website. The delivery of and the payment for products and services, and any other terms, conditions, warranties or representations associated with provider or third party products and services are solely between you and provider or third party. We assume no liability, obligation or responsibility for any part of any such products, services or promotions. A provider or third party is solely responsible for its offers and services to you, and you agree that LendEDU shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of offers or provider services. LendEDU is not a broker of financial services and LendEDU does not (i) directly or indirectly make or procure, attempt to make or procure, or offer to make or procure a loan of money or extension of credit; (ii) assist or advise users in obtaining or attempting to obtain a loan of money or line of credit; or (iii) solicit for loans. Furthermore, LendEDU does not take applications or make credit decisions in connection with pre-qualification requests that you may choose to submit.
LendEDU does not guarantee any scholarships offered or promoted on its website. By using LendEDU, you agree that LendEDU shall decide at any time to cancel any and all scholarship award offers at the discretion of LendEDU management. LendEDU reserves the right to void any and all scholarship offers. By using LendEDU, you agree that LendEDU shall not be liable for any damages or costs of any type arising out of the cancellation of a LendEDU scholarship award.LendEDU does not guarantee the accuracy of any credit report or credit reporting information provided to you. By using LendEDU’s services you acknowledge this limitation and accept all information provided “as-is”.
8. DISCLAIMER OF WARRANTIES
LENDEDU MAKES NO WARRANTIES WHATSOEVER ABOUT THE INFORMATION CONTAINED WITHIN THE ALGORITHM AND WEBSITE NOR ITS APPLICABILITY OR ACCURACY IN REGARD TO YOUR INDIVIDUAL CIRCUMSTANCES.
YOU AGREE THAT YOUR USE OF THE SITE SHALL BE AT YOUR SOLE RISK. THE SITE AND ALL CONTENT THEREON ARE PROVIDED “AS IS”, “AS AVAILABLE” AND “WITH ALL FAULTS”. LENDEDU EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO ANY PRODUCTS OR SERVICES PROVIDED, FOUND OR ADVERTISED BY LENDEDU OR LENDEDU’S ADVERTISERS. LENDEDU MAKES NO WARRANTIES OR REPRESENTATIONS ABOUT THE ACCURACY OR COMPLETENESS OF THE SITE OR CONTENT OR THE CONTENT OF ANY WEBSITES LINKED FROM OR TO THIS SITE AND ASSUMES NO LIABILITY OR RESPONSIBILITY FOR ANY (I) ERRORS, MISTAKES, INTERRUPTIONS OR INACCURACIES OF THE SITE OR CONTENT, (II) PERSONAL INJURY OR PROPERTY DAMAGE, OF ANY NATURE WHATSOEVER, RESULTING FROM YOUR ACCESS TO AND/OR USE OF OUR SITE, (III) ANY BUGS, VIRUSES, TROJAN HORSES, OR THE LIKE WHICH MAY BE TRANSMITTED TO OR THROUGH OUR SITE BY ANY THIRD PARTY, AND/OR (IV) ANY ERRORS OR OMISSIONS IN ANY CONTENT OR FOR ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF THE USE OF ANY CONTENT, EMAILED, TRANSMITTED, OR OTHERWISE MADE AVAILABLE VIA THE SITE. LENDEDU DOES NOT WARRANT, ENDORSE, GUARANTEE, OR ASSUME RESPONSIBILITY FOR ANY PRODUCT OR SERVICE ADVERTISED OR OFFERED BY A THIRD PARTY THROUGH THE LENDEDU SITE OR ANY HYPERLINKED SITE OR ANY SITE FEATURED IN ANY BANNER OR OTHER ADVERTISING ON THE SITE. LENDEDU MAY SHARE USER INFORMATION WITH ITS PARTNERS. YOU ACKNOWLEDGE THAT LENDEDU IS SOLELY AN INTERMEDIARY BETWEEN (I) YOU AND THE NATIONAL CREDIT REPORTING AGENCY OR OTHER INFORMATION PROVIDERS ACTUALLY FURNISHING YOUR CREDIT REPORTS, CREDIT SCORES AND OTHER INFORMATION, AND (II) YOU AND OUR MARKETING PARTNERS FOR WHOM WE DISPLAY OPTIONS FOR FINANCIAL PRODUCTS. YOU ALSO ACKNOWLEDGE THAT, THE ANALYSES AND TOOLS AVAILABLE THROUGH THE SERVICES, INCLUDING, WITHOUT LIMITATION, LOAN INFORMATION, RATES AND APPROVALS, ARE BASED ON ASSUMPTIONS AND SUBJECT TO THE LIMITATIONS DISCLOSED WITH RESPECT TO EACH SUCH ANALYSIS OR TOOL. LENDEDU EXPRESSLY DISCLAIMS ANY LIABILITY FOR ANY ERRORS OR OMISSIONS IN THE CONTENT OR THE SERVICES, INCLUDING, WITHOUT LIMITATION, THE INACCURACY OR INCOMPLETENESS OF ANY SUCH CREDIT REPORTS, CREDIT SCORES, ANALYSIS OF RELATED INFORMATION, SAVINGS ESTIMATES, APPROVAL ODDS, OTHER INFORMATION, TOOLS OR ANALYSES AVAILABLE THROUGH THE SERVICES OR THE CONTENT; THE AVAILABILITY OR LEGALITY OF ANY OF THE OFFERS FROM OUR PARTNERS; OR ANY TECHNICAL INACCURACIES OR TYPOGRAPHICAL ERRORS.
9. LIMITATION OF LIABILITY
IN NO EVENT SHALL LENDEDU, ITS OFFICERS, DIRECTORS, EMPLOYEES, OR AGENTS, BE LIABLE TO YOU FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES WHATSOEVER RESULTING FROM ANY (I) ERRORS, MISTAKES, OR INACCURACIES OF CONTENT, (II) PERSONAL INJURY OR PROPERTY DAMAGE, OF ANY NATURE WHATSOEVER, RESULTING FROM YOUR ACCESS TO AND/OR USE OF LENDEDU’S SITE, (III) ANY UNAUTHORIZED ACCESS TO OR USE OF OUR SERVERS AND/OR ANY AND ALL PERSONAL INFORMATION AND/OR FINANCIAL INFORMATION STORED THEREIN, (IV) ANY INTERRUPTION OR CESSATION OF TRANSMISSION TO OR FROM OUR SITE, (IV) ANY BUGS, VIRUSES, TROJAN HORSES, OR THE LIKE, WHICH MAY BE TRANSMITTED TO OR THROUGH OUR SITE BY ANY THIRD PARTY, AND/OR (V) ANY ERRORS OR OMISSIONS IN ANY CONTENT OR FOR ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF YOUR USE OF ANY CONTENT POSTED, EMAILED, TRANSMITTED, OR OTHERWISE MADE AVAILABLE VIA THE SITE, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT LENDEDU IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE FOREGOING LIMITATION OF LIABILITY SHALL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW IN THE APPLICABLE JURISDICTION.
LendEDU will give you any necessary notices by posting them on the Site. You authorize LendEDU to send notices via electronic mail as well if it decides, in its sole discretion, to do so. You agree to check the Site for notices, and that you will be considered to have received a notice when it is made available to you by posting on the Site.
12. DISPUTE RESOLUTION AND ARBITRATION
WE AND YOU EACH AGREE THAT, EXCEPT AS PROVIDED BELOW, ANY AND ALL CLAIMS OR DISPUTES IN ANY WAY RELATED TO OR CONCERNING THIS WEBSITE, THE SERVICES OR ANY TRANSACTION WILL BE RESOLVED BY BINDING ARBITRATION OR IN SMALL CLAIMS COURT. This agreement affects interstate commerce so that the Federal Arbitration Act and federal arbitration law apply (despite the choice of law provision below). THERE IS NO JUDGE OR JURY IN ARBITRATION, AND COURT REVIEW OF AN ARBITRATION AWARD IS LIMITED. THE ARBITRATOR MAY AWARD ON AN INDIVIDUAL BASIS THE SAME DAMAGES AND RELIEF AS A COURT (INCLUDING ATTORNEYS’ FEES).
Notwithstanding the above, YOU MAY CHOOSE TO PURSUE YOUR CLAIM IN COURT INSTEAD OF ARBITRATION IF YOU OPT OUT OF THESE ARBITRATION PROCEDURES. To opt out, call 201-605-7725 or email us at [email protected] TO BE EFFECTIVE, YOU MUST OPT OUT WITHIN 30 DAYS FROM THE DATE YOU COMPLETE THE REGISTRATION PROCESS.
To begin arbitration, you must send a letter requesting arbitration and describing your claim to our registered agent, 251 Little Falls Drive Wilmington, DE 19808. The American Arbitration Association (“AAA”) will arbitrate all disputes. For claims less than $75,000, the AAA’s Consumer Arbitration Rules will apply; for claims over $75,000, the AAA’s Commercial Arbitration Rules will apply. The AAA rules are available at www.adr.org or by calling 1-800-778-7879. Upon filing of the arbitration demand, we will pay all filing, administration and arbitrator fees for claims that total less than $75,000. For claims under $75,000, if the arbitrator finds that you are the prevailing party in the arbitration, you will be entitled to a recovery of reasonable attorneys’ fees and costs. Except for claims determined to be frivolous, we agree not to seek an award of attorneys’ fees in arbitration.
Class Action Waiver. WE AND YOU EACH AGREE THAT ANY PROCEEDINGS, WHETHER IN ARBITRATION OR COURT, WILL BE CONDUCTED ONLY ON AN INDIVIDUAL BASIS AND NOT IN A CLASS OR REPRESENTATIVE ACTION. If a court or arbitrator determines in an action between you and us that this Class Action Waiver is unenforceable, the arbitration agreement will be void as to you. If you choose to pursue your claim in court by opting out of the arbitration provision as specified above, this Class Action Waiver provision will not apply to you. Neither you, nor any other User of the Website can be a class representative, class member, or otherwise participate in a class, consolidated, or representative proceeding without having complied with the opt out requirements above.
Jury Trial Waiver. If a claim proceeds in court rather than through arbitration, unless otherwise prohibited by law, WE AND YOU EACH WAIVE ANY RIGHT TO A JURY TRIAL.
13. GOVERNING LAW
The Services are governed by the laws of the State of New Jersey, without regard to its conflict of laws provisions.
If any provision of this Agreement becomes or is declared to be illegal, unenforceable or void, this Agreement shall continue in full force and effect without said provision.
These terms, as may be amended from time to time, are effective until your account, if applicable, is deactivated by either you or LendEDU and you discontinue your use of the Services. Any section of the terms that by its nature is intended to survive termination of this Agreement or your use or access to the Services or the Content shall survive such termination.