Terms and Conditions

Please read this Agreement carefully before accessing Menopays’ Website. As a condition to and in consideration of receiving and accessing Menopays’ Website, the user agrees to be bound by the terms of this Agreement.


If you do not wish to be bound by this agreement, do not access Menopays’ Website. If you have any questions about this Agreement, please contact us via e-mail at []


This Website is not for use by any minors (defined as those who are not at least 18 years of age), and you must not use this Website if you a minor.


THIS AGREEMENT is entered into between the Lender (hereinafter defined) and any individual, corporation, association, agency, company, or other entity (hereafter referred to as the “User” or “You”) who accesses or uses Menopays’ Website (also referred to as this “Website or IT”).


HOW TO USE OUR ACCOUNT


This is an open-end credit account where you access direct loan or credit facility using Menopays (hereinafter defined), while you repay the loan or credit facility on a future date via cash transfer or electronic repayment from your debit/credit card on the Payment Due Date (hereinafter defined) after payment of the applicable Commission (hereinafter defined) at the disbursement of the Loan (hereinafter defined).


1. DEFINITION


In this agreement, the terms: “You”, “your”, “Customer”, and “Borrower” mean the person who applied for this Account and agrees to this Agreement while “We”, “us”, “our” and “Lender” shall mean Menopays and following an assignment, any person, company or bank to whom the rights and/or obligations of the Lender have been assigned:



2. CUSTOMER CONSENT


By ticking the “I agree to the Terms and Conditions”, on the application form, which you hereby adopt as your electronic signature, you consent and agree that:



By consenting, you agree that electronic Disclosures have the same meaning and effect as if we provided paper Disclosures to you as we are required to do so. When we send you an email alerting you that the Disclosures are available electronically and make it available online, that shall have the same meaning and effect as if we provided paper Disclosures to you, whether or not you choose to view the Disclosures, unless you had previously withdrawn your consent to receive Disclosures electronically.


3. COMMISSION FOR THE LOAN



4. BORROWER’S OBLIGATIONS:



5. LENDER’S OBLIGATIONS



6. CREDIT REFERENCE



7. NOTICES


The Borrower agrees that the Lender may communicate with them by sending notices, messages, alerts and statements in relation to this Agreement in the following manner:



8. EVENT OF DEFAULT

8.1 Default in terms of this Agreement will occur if:



8.2 In the event of any default by the Borrower subject to clause 8.1 above



9. TERMINATION OF THE ACCOUNT


In addition to Termination by Event of Default or default in repayment of the Loan on the Payment Due Date, the Lender may terminate this Agreement at any time and for any reason subject to the requirements of applicable law.


The Lender can close the Borrower’s Account by sending written notice to the address on the Borrower’s application.


If there is no debit or credit on this Account for twelve (12) consecutive months, the Lender may close the Account without notice to you.


When Termination arises as a result of Event of Default or default in repayment of the Loan on the Payment Due Date, the Borrower will not be able to apply for credit in future.


10. INTELLECTUAL PROPERTY RIGHTS


Unless otherwise indicated, the Website is our proprietary property and all source code, databases, functionality, software, website designs, audio, video, text, photographs, and graphics on the Website (collectively, the “Content”) and the trademarks, service marks, product and logos contained therein (the “Marks”) are owned or controlled by us or licensed to us and are protected by copyright and trademark laws and various other intellectual property rights and unfair competition laws of the Nigerian, foreign jurisdictions, and international conventions.

The Content and the Marks are provided on the Website “AS IS” for your information and personal use only. Except as expressly provided in these Terms and Conditions, no part of the Website and no Content or Marks may be copied, reproduced, aggregated, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted, distributed, sold, licensed, or otherwise exploited for any commercial purpose whatsoever, without our express prior written permission.

Provided that you are eligible to use the Website, you are granted a limited license to access and use the Website and to download or print a copy of any portion of the Content to which you have properly gained access solely for your personal, non-commercial use. We reserve all rights not expressly granted to you in and to the Website, the Content, and the Marks.


11. USER REPRESENTATIONS


By using the Website, you represent and warrant that:



If you provide any information that is untrue, inaccurate, not current, or incomplete, we have the right to suspend or terminate your account and refuse any and all current or future use of the Website (or any portion thereof).


12. USER REGISTRATION


You may be required to register with the Website. You agree to keep your password confidential and will be responsible for all use of your account and password. We reserve the right to remove, reclaim, or change a username you select if we determine, in our sole discretion, that such username is inappropriate, obscene, or otherwise objectionable.


13. PROHIBITED ACTIVITIES


You may not access or use the Website for any purpose other than that for which we make the Website available. The Website may not be used in connection with any commercial endeavours except those that are specifically endorsed or approved by us.


As a user of the Website, you agree not to:



14. GOVERNING LAW


The construction, performance, execution and enforcement of this Agreement, including any dispute, whether in contract or tort, of whatever nature arising in connection with this Agreement or performance under it, including any remedy, shall be governed in accordance with the Laws of the Federal Republic of Nigeria.


15. DISPUTE RESOLUTION


15.1 Any disputes arising under or in relation to this Agreement shall be resolved in the following order:



15.2 The provisions of this Clause shall continue in force and be binding on the Parties, their successors and assigns notwithstanding the termination of this Agreement.