1. Acceptance of Terms

By using Loaned You ("the Site") or by borrowing funds through our platform, you agree to be bound by these Terms and Services. Please read them carefully, as they establish your rights and obligations as a borrower and a user of the Site.

2. Borrowing and Repayment

• Borrowers agree to repay the loan amount by the due date specified in the loan agreement.

• Failure to repay the loan in full by the due date will result in a 5% late fee of the total amount owed.

• If the loan remains unpaid 30 days after the due date, we reserve the right to report the delinquent account to the major credit reporting agencies.

• If the loan remains unpaid 60 days after the due date, the account will be referred to a collection agency, and the borrower will be responsible for any additional collection costs.

3. Wall of Shame

• In the event that your account is sent to collections, we reserve the right to post your original video, your name, and the number of donors you have defaulted on to the "Wall of Shame" section of our website.
• The Wall of Shame is publicly visible and serves as a deterrent to borrowers who do not fulfill their repayment obligations.

4. Communication

By borrowing through Loaned You, you agree that we may contact you via phone, email, postal address, and social media for matters related to your loan account. This includes, but is not limited to, payment reminders, notifications of delinquency, and requests for information.

5. Arbitration Agreement

You agree that any dispute or claim arising from or related to your loan with Loaned You must be resolved exclusively through binding arbitration. This means that you waive your right to a jury trial or to sue Loaned You in court. Arbitration will be conducted by a neutral arbitrator in accordance with the rules of the American Arbitration Association (AAA).

• Arbitration will be held in the jurisdiction closest to your primary residence unless both parties agree to an alternative location.
• Each party will be responsible for its own costs and fees during the arbitration process.

6. Limitation on Lawsuits

• You acknowledge that you cannot file a lawsuit against Loaned You for any disputes arising out of your loan or use of the Site.

• However, if you believe that a lender has violated any applicable laws or terms, you must bring any claims directly against the lender, and not Loaned You as a platform or intermediary.

• Fees: TippedYou may charge a fee for processing transactions. These fees will be clearly disclosed to you before you complete any transactions.

7. Use of the Site

• You agree to use the Site in compliance with all applicable laws and regulations.

• Loaned You is not responsible for any damages or losses that may result from your use of the Site or any failure to adhere to these terms.

8. Changes to Terms

We reserve the right to modify these Terms and Services at any time. Any changes will be posted on the Site, and continued use of the Site after changes are posted constitutes your acceptance of those changes.

9. Termination

Loaned You reserves the right to terminate your access to the Site or cancel your loan if you breach any of these Terms and Services. In the event of termination, you remain responsible for any outstanding loan balance, fees, or collection costs.

10. Governing Law

These Terms and Services are governed by and construed in accordance with the laws of the state in which Loaned You operates, without regard to its conflict of laws provisions.

By agreeing to these terms, you confirm that you have read, understood, and accepted all the conditions outlined above. If you do not agree, please refrain from using the Loaned You services.