Gewährleistungen. 9.1 Mit Stellung eines Antrags auf Abschluss eines Darlehensvertrags verpflichtet sich der Kunde dazu und bestätigt, dass (i) er gegenüber Ferratum wahrheitsgemäße, korrekte und vollständige Angaben gemacht hat und Xxxxxxxx unverzüglich informieren wird, wenn sich diese Angaben ändern oder er feststellt, dass gemachte Angaben fehlerhaft oder anderweitig unwahr, falsch oder unvollständig waren, (ii) das Ferratum für Aus- und Rückzahlungszwecke genannte Bankkonto auf seinen Namen bei einer namhaften Bank mit Sitz in der Europäischen Union geführt wird, wobei er zur Kenntnis nimmt und zustimmt, dass er bei einer Änderung der Angaben seines persönlichen Bankkontos gebeten werden kann, diese Angaben in der von Ferratum gewünschten Form zu überprüfen, (iii) er diesen Darlehensvertrag aus freien Stücken und weder in Not noch unter Androhungen, Zwang oder augenscheinlich ungünstigen Bedingungen hinsichtlich seiner persönlichen oder finanziellen Lage abgeschlossen hat, (iv) er den Darlehensvertrag gelesen und die dort aufgeführten Informationen verstanden hat, (v) es sich bei ihm um keine politisch exponierte Person handelt (eine natürliche Person, die ein wichtiges öffentliches Amt bekleidet bzw. der ein solches anvertraut wurde, was u. a. auch für nahe Familienangehörige des Betreffenden oder Personen gilt, die bekanntermaßen enge Angehörige solcher Personen sind), sofern Ferratum gegenüber nicht ausdrücklich etwas anderes angegeben wurde, (vi) er das Darlehen nicht zugunsten oder im Auftrag einer anderen Person aufnimmt und andernfalls oder bei anderweitigem Tätigwerden im Auftrag einer anderen Person Ferratum unverzüglich informiert, wobei er sich bewusst ist, dass in diesem Fall weitere Maßnahmen ergriffen werden müssen, und toleriert, dass Ferratum den Abschluss eines Darlehensvertrags oder die Gewährung eines Darlehens ablehnen oder bei Gewährung eines Darlehens sowohl ihm als auch seinem Auftraggeber zusätzliche Bedingungen auferlegen kann, bzw. (vii) er sich bewusst ist, dass eine kurzfristige Kreditaufnahme gewisse Risiken bedeuten kann, da mit ihr Liquiditätsbedürfnisse über kurze Zeiträume gedeckt werden sollen und sie mit höheren Zinsen als eine langfristige Kreditaufnahme einhergeht, weshalb die Inanspruchnahme eines kurzfristigen Kredits über lange Zeit sowie zur Deckung langfristiger finanzieller Bedürfnisse zu einem erhöhten finanziellen Druck führen kann. 9.2 Unbeschadet anderer Ferratum zustehender Rechte oder Rechtsmittel wird der Kunde Ferratum hinsichtlich aller Schäden bzw. Verbindlichkeiten, die Ferratum infolge oder aufgrund eines schuldhaften Verstoßes gegen die in dieser Klausel aufgeführten Verpflichtungen oder Verpflichtungen des Kunden nach diesem Darlehensvertrag entstehen könnten, schad- und klaglos halten. Dies gilt nicht, wenn der Kunde die Pflichtverletzung nicht zu vertreten hat.
Appears in 2 contracts
Samples: Allgemeiner Verbraucherdarlehensvertrag, Allgemeiner Verbraucherdarlehensvertrag
Gewährleistungen. 9.1 Mit Stellung eines Antrags auf Abschluss eines Darlehensvertrags verpflichtet sich der Kunde dazu und bestätigt, dass
(i) er gegenüber Ferratum wahrheitsgemäße, korrekte und vollständige Angaben gemacht hat und Xxxxxxxx unverzüglich informieren wird, wenn sich diese Angaben ändern oder er feststellt, dass gemachte Angaben fehlerhaft oder anderweitig unwahr, falsch oder unvollständig waren,
(ii) das Ferratum für Aus- und Rückzahlungszwecke genannte Bankkonto auf seinen Namen bei einer namhaften Bank mit Sitz in der Europäischen Union geführt wird, wobei er zur Kenntnis nimmt und zustimmt, dass er bei einer Änderung der Angaben seines persönlichen Bankkontos gebeten werden kann, diese Angaben in der von Ferratum gewünschten Form zu überprüfen,
(iii) er diesen Darlehensvertrag aus freien Stücken und weder in Not noch unter Androhungen, Zwang oder augenscheinlich ungünstigen Bedingungen hinsichtlich seiner persönlichen oder finanziellen Lage abgeschlossen hat,
(iv) er den Darlehensvertrag gelesen und die dort aufgeführten Informationen verstanden hat,
(v) es sich bei ihm um keine politisch exponierte Person handelt (eine natürliche Person, die ein wichtiges öffentliches Amt bekleidet bzw. der ein solches anvertraut wurde, was u. a. auch für nahe Familienangehörige des Betreffenden oder Personen gilt, die bekanntermaßen enge Angehörige solcher Personen sind), sofern Ferratum gegenüber nicht ausdrücklich etwas anderes angegeben wurde,
(vi) er das Darlehen nicht zugunsten oder im Auftrag einer anderen Person aufnimmt und andernfalls oder bei anderweitigem Tätigwerden im Auftrag einer anderen Person Ferratum unverzüglich informiert, wobei er sich bewusst ist, dass in diesem Fall weitere Maßnahmen ergriffen werden müssen, und toleriert, dass Ferratum den Abschluss eines Darlehensvertrags oder die Gewährung eines Darlehens ablehnen oder bei Gewährung eines Darlehens sowohl ihm als auch seinem Auftraggeber zusätzliche Bedingungen auferlegen kann, bzw.
(vii) er sich bewusst ist, dass eine kurzfristige Kreditaufnahme gewisse Risiken bedeuten kann, da mit ihr Liquiditätsbedürfnisse über kurze Zeiträume gedeckt werden sollen und sie mit höheren Zinsen als eine langfristige Kreditaufnahme einhergeht, weshalb die Inanspruchnahme eines kurzfristigen Kredits über lange Zeit sowie zur Deckung langfristiger finanzieller Bedürfnisse zu einem erhöhten finanziellen Druck führen kann.
9.2 Unbeschadet anderer Ferratum zustehender Rechte oder Rechtsmittel wird der Kunde Ferratum hinsichtlich aller Schäden bzw. Verbindlichkeiten, die Ferratum infolge oder aufgrund eines schuldhaften Verstoßes gegen die in dieser Klausel aufgeführten Verpflichtungen oder Verpflichtungen des Kunden nach diesem Darlehensvertrag entstehen könnten, schad- und klaglos halten. Dies gilt nicht, wenn der Kunde die Pflichtverletzung nicht zu vertreten hat. Datum: 15.12.2022 Anlage 1 Gebühr fehlgeschlagene Abbuchung für 6 € für jede Lastschrift, die aus einem von Ferratum nicht zu vertretenden Grund fehlgeschlagen ist. Gebühr für jede(n) auf Wunsch des Kunden per Post verschickte(n) Rechnung/Kontoauszug 3,50 € für jede(n) per Post verschickte(n) Rechnung/Kontoauszug Gebühr für Änderung des Fälligkeitstermins Erster Antrag auf Änderung des Fälligkeitstermins kostenlos Für jeden weiteren Antrag für die Änderung des Fälligkeitstermins ist eine Gebühr von 50 € zu entrichten. Umschuldungsgebühr Darlehensbetrag Gebühr für jede zugesagte 50-99 29 Umschuldung 100-199 39 200-299 49 300-399 59 400-499 69 500-600 79 601-1000 99 0000-0000 000 0000-0000 000 0000-0000 000 0000-0000 000 Mahngebühr 7,50 € für jede per Post verschickte Mahnung für jede verspätete Zahlung. Anlage 2 SEPA-Lastschriftmandat Darlehensgeberin: Multitude Bank p.l.c. ST Business Centre, 120, The Strand, Gzira GZR 1027, Malta Kennung der Darlehensgeberin: MT05ZZZ995874623T Mandatsnummer: [Mandatsnummer] Mit Unterzeichnung dieses Mandatsformulars ermächtigen Sie (A) die Darlehensgeberin, Ihrer Bank Anweisungen zur Belastung Ihres Xxxxxx zuzuschicken, und (B) Ihre Bank, Ihr Konto gemäß den Anweisungen der Darlehensgeberin zu belasten. Im Rahmen Ihrer Rechte können Sie von Ihrer Bank gemäß den Geschäftsbedingungen Ihrer mit Ihrer Bank getroffenen Vereinbarung eine Rückerstattung verlangen. Die Rückerstattung muss binnen 8 Wochen, beginnend mit dem Tag der Belastung Ihres Xxxxxx, beantragt werden. Näheres zu Ihren Rechten finden Sie in einem bei Ihrer Bank erhältlichen Informationsblatt. Name des/der Darlehensnehmer(s): [Name des Darlehensnehmers] Straße und Hausnummer: [Straße und Hausnummer des Darlehensnehmers] PLZ und Ort: [PLZ und Ort des Darlehensnehmers] BIC: [BIC der Bank des Darlehensnehmers] Kontonummer (IBAN): [Kontonummer der Bank des Darlehensnehmers] Zahlungsweise: □ wiederkehrend oder □ einmalig Datum, Ort und Unterschrift: These standard terms and conditions shall, together with the Specific Terms of the XpressCredit Agreement (Specific Terms), the Standard European Consumer Credit Information sheet (SECCI) and Repayment Schedule (as amended from time to time) and any direct debit mandate accepted by Ferratum (collectively the Loan Agreement), govern the contractual relationship between Multitude Bank p.l.c. (Ferratum) and the Customer named in the Specific Terms (Customer) in relation to the loan specified in the Specific Terms (Loan). Details of Ferratum, the Customer and the Loan are laid down in the Specific Terms.
1. Application for and granting of the Loan
1.1 Ferratum shall only grant a Loan to persons who are at least 18 years of age, have permanent residence in Germany, are considered creditworthy by Xxxxxxxx and who have entered into a Loan Agreement with Ferratum.
1.2 An application to enter into a Loan Agreement (Application) can be submitted on Ferratum’s website at xxx.xxxxxxxx.xx (the Website). The Customer may opt for a Fast Track Loan with a remuneration in accordance with the Specific Terms. The Customer may also opt to repay the Loan in instalments during the application process, if such a possibility is offered.
1.3 Ferratum shall only consider a Loan Application if all the requirements of Ferratum with respect to the Loan Application process have been fulfilled. Ferratum has the right, but not the obligation, to offer the Customer a different loan amount than the amount the Customer applied for.
1.4 By signing the Loan Agreement by hand or by qualified e-signature, at the end of the application process, the Customer submits a binding application to conclude the Loan Agreement.
1.5 The Loan Agreement comes into effect upon acceptance by Ferratum. The Customer waives receipt of Ferratum´s declaration of acceptance. In case of acceptance or rejection of the Loan Agreement, Ferratum informs the Customer during the applicaton process as well as by email. The acceptance is proven by the payment of the Loan to the Customer by Xxxxxxxx.
1.6 After conclusion of the Loan Agreement, Ferratum provides the Customer with a copy of the Loan Agreement free of charge as well as an invoice attached to a message transmitted by email.
1.7 Ferratum retains, at all time, full and absolute discretion as to whether or not to accept a Loan Application and offer the Customer to enter into a Loan Agreement irrespective of prior acceptances of other applications by the same Customer. In case of rejection, Ferratum is not obliged to disclose the reasons for rejection unless such rejection is based on the results of a consultation with a database about the income of a person and/or performance of payment obligations. In the latter case, Xxxxxxxx shall inform the Customer free of charge of the result of the consultation and the particulars of the database consulted.
1.8 Prior to offering to enter into a Loan Agreement as well as at any time during the term of the Loan Agreement, Ferratum shall have the right to identify and verify the identity of a Customer (both through the Customer him or herself as well as through third party sources) as well as request other information from a Customer and/or third parties which might be relevant to Ferratum to make a decision as to whether to offer to enter into a Loan Agreement. The Customer undertakes to fulfil all of Ferratum's requests in terms of this clause. The Customer agrees that Ferratum shall have the right to refuse to enter into the Loan Agreement or, if applicable, to terminate the Loan Agreement in the event that Ferratum cannot obtain the information or verification which it considers necessary.
1.9 A personal user account (Account) which may be accessed from the Website by using a personal identification number (PIN) shall be created automatically for each new Customer who applies for a loan with Ferratum for the first time. The same Account shall be re-used by the same Customer for any loans granted by Xxxxxxxx. The Customer will receive the PIN from Ferratum to access the Account. This shall not be considered as acceptance by Ferratum of the Application.The Customer shall keep the PIN confidential and may not release or disclose his or her PIN to any other person. Ferratum reserves the right to freeze the Customer's PIN and/or Account without notification when there is a reasonable suspicion of unauthorized use of the PIN and/or Account. The Customer shall be liable for any damages incurred through the unauthorized use of the Customer’s PIN. The Customer shall contact Ferratum immediately in the event of loss or if he or she cannot remember the PIN or if he or she thinks that this may have become accessible to third parties. The Customer shall follow the instructions on the Website to reset the PIN. Ferratum may request the Customer to provide personal details in order to ascertain the Customer’s identity prior to re-issuing a PIN.
1.10 The Loan Agreement and ancillary documentation shall be provided in English and German.The German version shall prevail in case of conflict.
2. Repayment of the loan and due date
2.1 The Customer will repay the Loan principal together with interest, remuneration and other fees due within 31 days after disbursement (repayment date) . The Customer may however apply to repay the Loan in two, three, four, five or six more monthly instalments, if such a possibility is offered, in which case the remuneration will be increased in accordance with the Specific Terms. If repayment in instalments is agreed with Ferratum according to the Specific Terms, the Customer shall pay the Loan, interest and all remuneration as applicable in instalments by the agreed due dates specified in the Specific Terms. Interest is accrued on the Loan principal amount on a daily basis in accordance with the 30/360 days interest calculation method at the nominal interest rate (per annum) according to the Specific TermsThe Customer shall repay amounts due through a bank account held in the Customer's name at his/her own cost to the Repayment Bank Account unless other means of payment are agreed with Ferratum. Ferratum reserves the right to refuse payment made through other means. The currency applicable to the Loan and any interest, fees or other payments shall be the Euro (€).The fee imposed by the relevant service provider for the transfer shall be incurred by the Customer.
2.1 Repayments shall be made using the Loan Agreement Number [Kreditnummer] indicated in the Account. If this is not done, Ferratum shall have the right to return the payment made and the Customer will be considered not to have made any payment.
2.2 By signing the SEPA-direct debit mandate attached herewith as Appendix 2, the Customer confirms acceptance to the SEPA-direct debit mandate forming an integral part hereof for the agreed periodic payments and authorizes Ferratum to collect all claims under this Loan Agreement from the bank account of the Customer indicated in Appendix 2 by direct debit when due. The Customer furthermore authorizes his/her credit or financial institution to redeem the direct debit mandates presented by Xxxxxxxx from the Customer’s bank account mentioned therein. This authorisation is also valid for any future agreed amendments to this Loan Agreement. Ferratum shall inform the Customer about the first direct debit fourteen (14) days before the collection. In the event that the Customer has chosen to perform his or her payment via direct debit, and such direct debit fails for any reason not attributable to Ferratum, Ferratum shall have the right to charge the Customer a Failed Direct Debit Fee as specified in Appendix 1 for each instance of such failure.
2.3 The Customer may request a postponement of a monthly instalment against the Rescheduling fee specified in Appendix 1 not more than twice for any Loan. In such a case, no monthly instalment shall be payable during the month for which the request was accepted and the Loan Agreement period shall be automatically extended by one month with the repayments falling due one month to the day previously agreed. The application shall be made in the manner prescribed by Ferratum and shall be subject to such terms and conditions as shall be made known in advance to the Customer. Ferratum shall have the right to reject the Customer’s application at any time and for any reason. The application must reach Ferratum at least 5 working days before the due date with respect to which it is being applied. Ferratum shall inform the Customer by email whether the re-scheduling application is approved or not. Such communication shall not constitute a binding acceptance. The rescheduling will not come in force until the Re-scheduling fee has been settled to Ferratum’s bank account. Once an approved re-scheduling has come into force, the Customer shall be notified accordingly.
2.4 The Customer may request a change in the monthly due date against the Due Date Change fee indicated in Appendix 1. Ferratum shall have the right to refuse such a request without assigning any reason. Such application shall be subject to such terms and conditions as Ferratum shall make known to the Customer in advance. Ferratum shall inform the Customer whether the application is approved or not. The Customer shall settle the Due Date Change fee as indicated in the invoice.
2.5 In case of partial payments, the order of allotment shall be the following: First, towards the costs of litigation, second towards the remainder of the amount owed and finally towards default interest.
2.6 Any amount shall be considered to have been paid when it is received in the bank account of Ferratum subject to the right of Ferratum to refuse payment as specified in these Standard Terms.
2.7 The Customer shall receive the invoice and statement of account electronically. Additionally the Customer may request Ferratum to send the invoice and/or statement of account by post in hard copy format, in which case the Customer shall settle the fee indicated in Appendix 1 as indicated in the invoice.
3. Default interest, Reminder letters and Collection fees
3.1 The Customer shall pay default interest on the Loan principal amounts which are not paid by the due date at the default interest rate indicated in the Specific Terms. Any default interests is indicated in the invoice/statement of account.
3.2 Where a Customer has failed to repay an instalment in full by due date, Ferratum shall be entitled to send physical reminder letters to the Customer by mail within seven (7), fourteen (14), twenty-one (21) and/or twenty-eight (28) calendar days of the repayment date against the Reminder letter fee indicated in Appendix 1, which fee shall be payable by the Customer as specified in the invoice. The Customer is permitted to prove that no damage or less damage has been incurred.
3.3 If the Customer has failed to repay instalments by their due date, Ferratum shall also be entitled to engage third parties to collect the debt from the Customer at the Customer's expense. Ferratum is entitled to register the Customer in debt registers/databases containing credit histories of debtors in cases where Xxxxxxxx has terminated the Loan Agreement as per the Specific Terms.
3.4 Ferratum shall be entitled to claim compensation for all reasonble actual damages and costs incurred in collecting overdue amounts, including the recovery of payments made to debt collectors, as a result of default of the Customer.
Appears in 1 contract
Gewährleistungen. 9.1 Mit Stellung eines Antrags auf Abschluss eines Darlehensvertrags verpflichtet sich der Kunde dazu und bestätigt, dass
(i) er gegenüber Ferratum wahrheitsgemäße, korrekte und vollständige Angaben gemacht hat und Xxxxxxxx unverzüglich informieren wird, wenn sich diese Angaben ändern oder er feststellt, dass gemachte Angaben fehlerhaft oder anderweitig unwahr, falsch oder unvollständig waren,
(ii) das Ferratum für Aus- und Rückzahlungszwecke genannte Bankkonto auf seinen Namen bei einer namhaften Bank mit Sitz in der Europäischen Union geführt wird, wobei er zur Kenntnis nimmt und zustimmt, dass er bei einer Änderung der Angaben seines persönlichen Bankkontos gebeten werden kann, diese Angaben in der von Ferratum gewünschten Form zu überprüfen,
(iii) er diesen Darlehensvertrag aus freien Stücken und weder in Not noch unter Androhungen, Zwang oder augenscheinlich ungünstigen Bedingungen hinsichtlich seiner persönlichen oder finanziellen Lage abgeschlossen hat,
(iv) er den Darlehensvertrag gelesen und die dort aufgeführten Informationen verstanden hat,
(v) es sich bei ihm um keine politisch exponierte Person handelt (eine natürliche Person, die ein wichtiges öffentliches Amt bekleidet bzw. der ein solches anvertraut wurde, was u. a. auch für nahe Familienangehörige des Betreffenden oder Personen gilt, die bekanntermaßen enge Angehörige solcher Personen sind), sofern Ferratum gegenüber nicht ausdrücklich etwas anderes angegeben wurde,
(vi) er das Darlehen nicht zugunsten oder im Auftrag einer anderen Person aufnimmt und andernfalls oder bei anderweitigem Tätigwerden im Auftrag einer anderen Person Ferratum unverzüglich informiert, wobei er sich bewusst ist, dass in diesem Fall weitere Maßnahmen ergriffen werden müssen, und toleriert, dass Ferratum den Abschluss eines Darlehensvertrags oder die Gewährung eines Darlehens ablehnen oder bei Gewährung eines Darlehens sowohl ihm als auch seinem Auftraggeber zusätzliche Bedingungen auferlegen kann, bzw.
(vii) er sich bewusst ist, dass eine kurzfristige Kreditaufnahme gewisse Risiken bedeuten kann, da mit ihr Liquiditätsbedürfnisse über kurze Zeiträume gedeckt werden sollen und sie mit höheren Zinsen als eine langfristige Kreditaufnahme einhergeht, weshalb die Inanspruchnahme eines kurzfristigen Kredits über lange Zeit sowie zur Deckung langfristiger finanzieller Bedürfnisse zu einem erhöhten finanziellen Druck führen kann.
9.2 Unbeschadet anderer Ferratum zustehender Rechte oder Rechtsmittel wird der Kunde Ferratum hinsichtlich aller Schäden bzw. Verbindlichkeiten, die Ferratum infolge oder aufgrund eines schuldhaften Verstoßes gegen die in dieser Klausel aufgeführten Verpflichtungen oder Verpflichtungen des Kunden nach diesem Darlehensvertrag entstehen könnten, schad- und klaglos halten. Dies gilt nicht, wenn der Kunde die Pflichtverletzung nicht zu vertreten hat. Datum: 01.10.2022 Anlage 1 Gebühr fehlgeschlagene Abbuchung für 6 € für jede Lastschrift, die aus einem von Ferratum nicht zu vertretenden Grund fehlgeschlagen ist. Gebühr für jede(n) auf Wunsch des Kunden per Post verschickte(n) Rechnung/Kontoauszug 3,50 € für jede(n) per Post verschickte(n) Rechnung/Kontoauszug Gebühr für Änderung des Fälligkeitstermins Erster Antrag auf Änderung des Fälligkeitstermins kostenlos Für jeden weiteren Antrag für die Änderung des Fälligkeitstermins ist eine Gebühr von 50 € zu entrichten. Umschuldungsgebühr Darlehensbetrag Gebühr für jede zugesagte 50-99 29 Umschuldung 100-199 39 200-299 49 300-399 59 400-499 69 500-600 79 601-1000 99 0000-0000 000 0000-0000 000 0000-0000 000 0000-0000 000 Mahngebühr 7,50 € für jede per Post verschickte Mahnung für jede verspätete Zahlung. Anlage 2 SEPA-Lastschriftmandat Darlehensgeberin: Multitude Bank p.l.c. ST Business Centre, 120, The Strand, Gzira GZR 1027, Malta Kennung der Darlehensgeberin: MT05ZZZ995874623T Mandatsnummer: [Mandatsnummer] Mit Unterzeichnung dieses Mandatsformulars ermächtigen Sie (A) die Darlehensgeberin, Ihrer Bank Anweisungen zur Belastung Ihres Xxxxxx zuzuschicken, und (B) Ihre Bank, Ihr Konto gemäß den Anweisungen der Darlehensgeberin zu belasten. Im Rahmen Ihrer Rechte können Sie von Ihrer Bank gemäß den Geschäftsbedingungen Ihrer mit Ihrer Bank getroffenen Vereinbarung eine Rückerstattung verlangen. Die Rückerstattung muss binnen 8 Wochen, beginnend mit dem Tag der Belastung Ihres Xxxxxx, beantragt werden. Näheres zu Ihren Rechten finden Sie in einem bei Ihrer Bank erhältlichen Informationsblatt. Name des/der Darlehensnehmer(s): [Name des Darlehensnehmers] Straße und Hausnummer: [Straße und Hausnummer des Darlehensnehmers] PLZ und Ort: [PLZ und Ort des Darlehensnehmers] BIC: [BIC der Bank des Darlehensnehmers] Kontonummer (IBAN): [Kontonummer der Bank des Darlehensnehmers] Zahlungsweise: □ wiederkehrend oder □ einmalig Datum, Ort und Unterschrift: These standard terms and conditions shall, together with the Specific Terms of the XpressCredit Agreement (Specific Terms), the Standard European Consumer Credit Information sheet (SECCI) and Repayment Schedule (as amended from time to time) and any direct debit mandate accepted by Ferratum (collectively the Loan Agreement), govern the contractual relationship between Multitude Bank p.l.c. (Ferratum) and the Customer named in the Specific Terms (Customer) in relation to the loan specified in the Specific Terms (Loan). Details of Ferratum, the Customer and the Loan are laid down in the Specific Terms.
1. Application for and granting of the Loan
1.1 Ferratum shall only grant a Loan to persons who are at least 18 years of age, have permanent residence in Germany, are considered creditworthy by Xxxxxxxx and who have entered into a Loan Agreement with Ferratum.
1.2 An application to enter into a Loan Agreement (Application) can be submitted on Ferratum’s website at xxx.xxxxxxxx.xx (the Website). The Customer may opt for a Fast Track Loan with a remuneration in accordance with the Specific Terms. The Customer may also opt to repay the Loan in instalments during the application process, if such a possibility is offered.
1.3 Ferratum shall only consider a Loan Application if all the requirements of Ferratum with respect to the Loan Application process have been fulfilled. Ferratum has the right, but not the obligation, to offer the Customer a different loan amount than the amount the Customer applied for.
1.4 By signing the Loan Agreement by hand or by qualified e-signature, at the end of the application process, the Customer submits a binding application to conclude the Loan Agreement.
1.5 The Loan Agreement comes into effect upon acceptance by Ferratum. The Customer waives receipt of Ferratum´s declaration of acceptance. In case of acceptance or rejection of the Loan Agreement, Ferratum informs the Customer during the applicaton process as well as by email. The acceptance is proven by the payment of the Loan to the Customer by Xxxxxxxx.
1.6 After conclusion of the Loan Agreement, Ferratum provides the Customer with a copy of the Loan Agreement free of charge as well as an invoice attached to a message transmitted by email.
1.7 Ferratum retains, at all time, full and absolute discretion as to whether or not to accept a Loan Application and offer the Customer to enter into a Loan Agreement irrespective of prior acceptances of other applications by the same Customer. In case of rejection, Ferratum is not obliged to disclose the reasons for rejection unless such rejection is based on the results of a consultation with a database about the income of a person and/or performance of payment obligations. In the latter case, Xxxxxxxx shall inform the Customer free of charge of the result of the consultation and the particulars of the database consulted.
1.8 Prior to offering to enter into a Loan Agreement as well as at any time during the term of the Loan Agreement, Ferratum shall have the right to identify and verify the identity of a Customer (both through the Customer him or herself as well as through third party sources) as well as request other information from a Customer and/or third parties which might be relevant to Ferratum to make a decision as to whether to offer to enter into a Loan Agreement. The Customer undertakes to fulfil all of Ferratum's requests in terms of this clause. The Customer agrees that Ferratum shall have the right to refuse to enter into the Loan Agreement or, if applicable, to terminate the Loan Agreement in the event that Ferratum cannot obtain the information or verification which it considers necessary.
1.9 A personal user account (Account) which may be accessed from the Website by using a personal identification number (PIN) shall be created automatically for each new Customer who applies for a loan with Ferratum for the first time. The same Account shall be re-used by the same Customer for any loans granted by Xxxxxxxx. The Customer will receive the PIN from Ferratum to access the Account. This shall not be considered as acceptance by Ferratum of the Application.The Customer shall keep the PIN confidential and may not release or disclose his or her PIN to any other person. Ferratum reserves the right to freeze the Customer's PIN and/or Account without notification when there is a reasonable suspicion of unauthorized use of the PIN and/or Account. The Customer shall be liable for any damages incurred through the unauthorized use of the Customer’s PIN. The Customer shall contact Ferratum immediately in the event of loss or if he or she cannot remember the PIN or if he or she thinks that this may have become accessible to third parties. The Customer shall follow the instructions on the Website to reset the PIN. Ferratum may request the Customer to provide personal details in order to ascertain the Customer’s identity prior to re-issuing a PIN.
1.10 The Loan Agreement and ancillary documentation shall be provided in English and German.The German version shall prevail in case of conflict.
2. Repayment of the loan and due date
2.1 The Customer will repay the Loan principal together with interest, remuneration and other fees due within 30 days after disbursement (repayment date) . The Customer may however apply to repay the Loan in two, three, four, five or six more monthly instalments, if such a possibility is offered, in which case the remuneration will be increased in accordance with the Specific Terms. If repayment in instalments is agreed with Ferratum according to the Specific Terms, the Customer shall pay the Loan, interest and all remuneration as applicable in instalments in accordance with the Loan Agreement by the agreed due dates. Interest is accrued on the Loan principal amount on a daily basis in accordance with the 30/360 days interest calculation method at the nominal interest rate (per annum) according to the Specific Terms.
2.2 The Customer shall repay amounts due through a bank account held in the Customer's name at his/her own cost to the Repayment Bank Account unless other means of payment are agreed with Ferratum. Ferratum reserves the right to refuse payment made through other means. The currency applicable to the Loan and any interest, fees or other payments shall be the Euro (€).The fee imposed by the relevant service provider for the transfer shall be incurred by the Customer.
2.3 Repayments shall be made using the Loan Agreement Number [Kreditnummer] indicated in the Account. If this is not done, Ferratum shall have the right to return the payment made and the Customer will be considered not to have made any payment.
2.4 By signing the SEPA-direct debit mandate attached herewith as Appendix 2, the Customer confirms acceptance to the SEPA-direct debit mandate forming an integral part hereof for the agreed periodic payments and authorizes Ferratum to collect all claims under this Loan Agreement from the bank account of the Customer indicated in Appendix 2 by direct debit when due. The Customer furthermore authorizes his/her credit or financial institution to redeem the direct debit mandates presented by Xxxxxxxx from the Customer’s bank account mentioned therein. This authorisation is also valid for any future agreed amendments to this Loan Agreement. Ferratum shall inform the Customer about the first direct debit fourteen (14) days before the collection. In the event that the Customer has chosen to perform his or her payment via direct debit, and such direct debit fails for any reason not attributable to Ferratum, Ferratum shall have the right to charge the Customer a Failed Direct Debit Fee as specified in Appendix 1 for each instance of such failure.
2.5 The Customer may request a postponement of a monthly instalment against the Rescheduling fee specified in Appendix 1 not more than twice for any Loan. In such a case, no monthly instalment shall be payable during the month for which the request was accepted and the Loan Agreement period shall be automatically extended by one month with the repayments falling due one month to the day previously agreed. The application shall be made in the manner prescribed by Ferratum and shall be subject to such terms and conditions as shall be made known in advance to the Customer. Ferratum shall have the right to reject the Customer’s application at any time and for any reason. The application must reach Ferratum at least 5 working days before the due date with respect to which it is being applied. Ferratum shall inform the Customer by email whether the re-scheduling application is approved or not. Such communication shall not constitute a binding acceptance. The rescheduling will not come in force until the Re-scheduling fee has been settled to Ferratum’s bank account. Once an approved re-scheduling has come into force, the Customer shall be notified accordingly.
2.6 The Customer may request a change in the monthly due date against the Due Date Change fee indicated in Appendix 1. Ferratum shall have the right to refuse such a request without assigning any reason. Such application shall be subject to such terms and conditions as Ferratum shall make known to the Customer in advance. Ferratum shall inform the Customer whether the application is approved or not. The Customer shall settle the Due Date Change fee as indicated in the invoice.
2.7 In case of partial payments, the order of allotment shall be the following: First, towards the costs of litigation, second towards the remainder of the amount owed and finally towards default interest.
2.8 Any amount shall be considered to have been paid when it is received in the bank account of Ferratum subject to the right of Ferratum to refuse payment as specified in these Standard Terms.
2.9 The Customer shall receive the invoice and statement of account electronically. Additionally the Customer may request Ferratum to send the invoice and/or statement of account by post in hard copy format, in which case the Customer shall settle the fee indicated in Appendix 1 as indicated in the invoice.
3. Default interest, Reminder letters and Collection fees
3.1 The Customer shall pay default interest on the Loan principal amounts which are not paid by the due date at the default interest rate indicated in the Specific Terms. Any default interests is indicated in the invoice/statement of account.
3.2 Where a Customer has failed to repay an instalment in full by due date, Ferratum shall be entitled to send physical reminder letters to the Customer by mail within seven (7), fourteen (14), twenty-one (21) and/or twenty-eight (28) calendar days of the repayment date against the Reminder letter fee indicated in Appendix 1, which fee shall be payable by the Customer as specified in the invoice. The Customer is permitted to prove that no damage or less damage has been incurred.
3.3 If the Customer has failed to repay instalments by their due date, Ferratum shall also be entitled to engage third parties to collect the debt from the Customer at the Customer's expense. Ferratum is entitled to register the Customer in debt registers/databases containing credit histories of debtors in cases where Xxxxxxxx has terminated the Loan Agreement as per the Specific Terms.
3.4 Ferratum shall be entitled to claim compensation for all reasonble actual damages and costs incurred in collecting overdue amounts, including the recovery of payments made to debt collectors, as a result of default of the Customer.
Appears in 1 contract