Our Policies

Term and Condition

(Terms and conditions) govern your use of the LOAN FREE website (“Website”). In these Terms and Conditions, “LOAN FREE ” is referred to as the “Company,” “us,” or “we.” By using this website or its Products and Services, you agree and warrant that you have read, understood, and agreed to be bound by these terms.

Privacy Policy

The Company’s privacy policy can be found at Privacy Policy. If you do not accept these terms, you must not use – and are not authorized to use – all or any portion of the company’s website and its products or services (as defined below).

Please read them carefully before you use the services of this site.

You should not use this site in an unlawful manner; you must respect the website terms and conditions and follow the Privacy Policy. Under no situations or circumstances will the company be liable for any change in the content which it provides on the website through its products and services, including but not limited to any errors, omissions, loss, or damage experienced in connection with the use of exposure, any content made available via our products, services, or various resources such as email, blog, etc. We are not responsible for the charges incurred for the usage of hardware, software, or internet services provider fee. Also, the user is fully responsible for the proper functioning of computer hardware and internet access. You will be required to use login credentials for some of the sections on the site, and the company reserves the right to block access to our services for any user who does not follow these conditions. We make sure that users get uninterrupted access to our service, but there is no obligation to do so. We are not responsible and are not obligated for issues in your network or server beyond certain limits.

Refund and cancellation

Refunds are governed by the service agreement that will be signed by you for availing our programs/services. You may or may not be eligible for a refund based on the service agreement terms that are mutually signed at the time to avail LOAN FREE Clients pay our service fee on a monthly basis (in advance for each month). You can cancel the service any time, and no fee is charged after cancellation. Fees already paid are non-refundable.

FEES

Loan free is a loan settlement company that helps in loan settlement. Their fees are as follows:

*Anti-Harassment Service: ₹3,000 (for one month)

  • Sign-up Fee: ₹5,000 (for the duration of the anti-harassment service)

 

  • LS Fee: 10% of the loan amount (e.g., ₹1,00,000 on a ₹1,00,000 loan)

 

  • Lower Service Fee: Per month, which charges your cash for the interview.


What is Loan Settlement?

Loan settlement is an agreement between the borrower and the bank in which the borrower agrees to pay a part of the loan amount instead of the entire loan amount and the rest will be waived off. This happens when the borrower is in financial distress and is completely caught up in the payments.

Advantages and Disadvantages of Loan Settlement:

  • Loan settlement loans can provide relief on loans.
  • Before doing loan settlement, pay attention to all the workers.
  • Before making a face payment to any loan settlement company, check their details.
  • If you are thinking about loan settlement, then consult a financial advisor.
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