Terms of Use

Last Updated: January 1, 2025

Welcome to Aurum Lending Technologies, Inc. ("Aurum Lending," "we," "us," or "our"). These Terms of Use ("Terms") govern your access to and use of our website at alibank.loan and our services. By accessing or using our website, you agree to be bound by these Terms.

1. Eligibility

To use our services, you must:

  • Be at least 18 years old
  • Be a U.S. citizen or permanent resident
  • Have a valid Social Security Number
  • Have a verifiable bank account
  • Meet our credit and income requirements

2. Account Registration

When you create an account or submit a loan application, you agree to:

  • Provide accurate, current, and complete information
  • Maintain and promptly update your information
  • Keep your login credentials secure and confidential
  • Accept responsibility for all activities under your account
  • Notify us immediately of any unauthorized use

3. Loan Applications and Approval

By submitting a loan application, you authorize us to:

  • Obtain your credit report and credit score
  • Verify your identity, employment, and income
  • Contact your employer, bank, and references
  • Share your information with lending partners and service providers

Loan approval is subject to credit approval and verification. We reserve the right to decline any application for any reason permitted by law.

4. Checking Your Rate

When you check your rate, we perform a "soft" credit inquiry that does not affect your credit score. If you accept a loan offer and proceed with your application, we will perform a "hard" credit inquiry, which may affect your credit score.

5. Loan Terms and Conditions

If approved for a loan, you will receive a loan agreement with the specific terms and conditions of your loan, including:

  • Annual Percentage Rate (APR)
  • Loan amount and term
  • Monthly payment amount
  • Origination fee (if applicable)
  • Payment due dates

You must carefully review and sign the loan agreement before funds are disbursed.

6. Prohibited Uses

You agree not to use our website or services to:

  • Provide false or misleading information
  • Apply for a loan using another person's identity
  • Engage in any fraudulent or illegal activity
  • Interfere with or disrupt our services
  • Attempt to gain unauthorized access to our systems
  • Use our services for business purposes (unless authorized)

7. Intellectual Property

All content on our website, including text, graphics, logos, and software, is the property of Aurum Lending Technologies, Inc. and is protected by copyright and trademark laws. You may not reproduce, distribute, or create derivative works without our prior written consent.

8. Disclaimer of Warranties

OUR WEBSITE AND SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT ANY WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. WE DO NOT GUARANTEE THAT OUR SERVICES WILL BE UNINTERRUPTED, SECURE, OR ERROR-FREE.

9. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, AURUM LENDING SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES ARISING OUT OF OR RELATED TO YOUR USE OF OUR SERVICES.

10. Indemnification

You agree to indemnify and hold harmless Aurum Lending and its officers, directors, employees, and agents from any claims, damages, losses, or expenses arising from your use of our services or violation of these Terms.

11. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of California, without regard to its conflict of law provisions. Any disputes arising under these Terms shall be resolved in the state or federal courts located in San Francisco County, California.

12. Arbitration Agreement

Any dispute, claim, or controversy arising out of or relating to these Terms or your use of our services shall be resolved by binding arbitration administered by the American Arbitration Association in accordance with its Consumer Arbitration Rules. You agree to waive your right to participate in a class action lawsuit or class-wide arbitration.

13. Changes to Terms

We may modify these Terms at any time. We will notify you of material changes by posting the updated Terms on our website and updating the "Last Updated" date. Your continued use of our services after such changes constitutes your acceptance of the new Terms.

14. Contact Us

If you have questions about these Terms, please contact us at:

Aurum Lending Technologies, Inc.
580 California Street, Suite 1200
San Francisco, CA 94104
Email: legal@alibank.loan
Phone: 1-855-287-8624