Terms and Conditions

Terms and Conditions and Terms of Use

FJM (NW) Limited, trading as mobilequid.com (Hereinafter referred to as we) is authorised and regulated by the Financial Conduct Authority in relation to credit broking activities. It is registered on the Financial Services Register under Interim Permission number 656675. It's registered office address is 8 St. John Street Chester CH1 1DA

We are a Credit Broker and not a Lender and allows access to several Lenders.

BEFORE YOU MAKE ANY APPLICATION ON MOBILEQUID.COM (the Website) YOU SHOULD READ THESE TERMS AND CONDITIONS CAREFULLY AS THEY CONTAIN IMPORTANT INFORMATION ABOUT THE TIMING AND NATURE OF THE SERVICE WE PROVIDE.

Introduction

These Terms and Conditions of Services (together with our Privacy Policy and Terms of Use) (these Terms and Conditions) govern the provision of credit broking services to you and apply to any contract between you and us when making an application for credit. Please read these Terms and Conditions carefully and make sure that you understand them before submitting any application through the Website.

If you have any questions or would like more information after reading these Terms and Conditions about the service we provide, please email us at team@mobilequid.com or write to us at 8 St. John Street Chester CH1 1DA.

You will be asked to read and agree to these Terms and Conditions before you submit any application for credit through the Website. By checking the tick box at the end of the application process you confirm that you accept these Terms and Conditions and agree to be bound by it. If you do not agree to these Terms and Conditions you will not be able to make an application for credit through the Website.

We strongly recommend that you print a copy of these Terms and Conditions or save them to your computer for future reference.

We reserve the right, at our sole discretion, to change, modify or otherwise alter the Terms and Conditions and Privacy Policy which appear on this site at any time for any reason which change, modification or alteration is effective upon posting on the Site without further notice to you. Please read these Terms carefully. If you do not agree to these Terms, do not access or use this website.

Understand the Loan Process

We are a Credit Broker and not a Lender. Our priority is to provide the best service to our customers. Therefore, it is important that you understand the loan process before you apply for a loan. Each lender operates differently and fees, interest and APR will vary by lender. It's important you read the Terms and Conditions also known as the Fixed Sum Loan Agreement before signing. Some Lenders will charge additional fees on top of the interest for depositing your loan the same day. Every lender is different so be sure to ask any questions you have before you sign the loan agreement

Mobilequid urges you to please borrow only what you can afford to repay on the agreed date. Your loan will automatically be deposited and debited from the same account. If unable to debit full amount due (Principle, Interest, Fees) on the repayment date, many lenders will automatically add penalty charges (as highlighted in your agreement) onto your account and you will end up owing more than you originally agreed to.

Loan Extension and Renewal Policy

Short-term or payday loans are not the answer to long-term financial issues or debt. We recommend that you look at other solutions if you are in a financial difficulties or debt. Short term loans are more suitable for immediate cash needs in case of emergencies, overdue bills, car problems, etc.

Please read and understand your loan agreement before signing so you're clear on the due date, interest, fees, etc.

If you are in financial difficulties, contact your lender and they may be able to set up a more affordable payment plan. However, if you wish to extend your repayment date or extend your loan, this will result in additional fees and interest. If you have any questions regarding the Rollover Policy, please contact your lender and ask them about the policy before signing your loan agreement.

How is Payment taken from your Account?

All of our lenders are online and just as your loan is automatically deposited into your account by your lender, they will also automatically debit you for the full amount due (Principle Loan Amount, Interest, Fees) on the agreed repayment date. They will be able to collect payment using this method as at the point of signing the Loan Agreement, you may be agreeing to Continuous Payment Authority being set up and for payment to be taken on each repayment date.

The total amount will be debited from your debit card and your lender will attempt to take full payment at one time and most often the lender will not advise you in advance of debiting your card, they will simply attempt to take full payment. So please make sure you have enough money in your bank account on your repayment date to avoid going overdrawn. Kindly note that you can cancel this Continuous Payment Authority at any time by writing or calling your lender or contacting your bank. However, please bear in mind that if you do cancel your continuous payment authority, you will still be responsible for paying off your loan.

Implications of Non-payment

Your repayment dates will be set in your loan agreement. The lenders will attempt to collect the full amount due on your repayment date and if you do not have enough funds in your account, it may result in non-sufficient charges. The amount of these charges will vary by your bank. Therefore In the event that you cannot make the repayment in time, please contact your lender and they may freeze your interest and fees and put you on a repayment plan with more affordable monthly repayments.

Defaulting or not paying our loan on time may impact your credit score. All our lenders report to Credit Reference Agencies(CRAs) of the default or late payment which will have a negative impact on your credit score and make accessing credit more difficult in the future. Credit Reference Agencies may also share this information with other CRAs and Fraud Prevention Agencies and it will stay on your credit profile for several years. However, CRAs also report repayments so if you pay your loan back on time it may have a positive impact on your credit score.

If your loan remains unpaid, your lender may attempt to collect themselves or employ a Collection Agency who will take action in order to collect the amount due. Collection practices may include visits to your residence if they are unable to get in touch with you via phone or email. Our Loan Matching Service

Our loan matching service matches consumers with prospective lenders participating in Mobilequid.com's direct network of short-term unsecured lenders ("participating lenders"). To use this service, you must complete one or more online application forms that request specific information from you, including, but not limited to, your name, address, telephone number, email address, banking account information, and employment information. In order to use this Web Site or this Service, you must agree to the separate terms and conditions set forth in the Privacy Policy as it sets out the way we collect and use your information.

Once you submit the application form(s) to us, we share your information with one or more participating lenders. By submitting the application form(s), you understand and agree that you are submitting an inquiry about a loan product to mobilequid.com and each of the participating lenders to whom mobilequid.com transmits your loan request. By submitting the application form(s), you are extending an express invitation to mobilequid.com and each of the participating lenders with whom your information is shared to contact you by any means (including, without limitation, email, telephone, and direct mail) so that they may assist you with your transaction or provide information to you about additional offers in which you may be interested. If you do not wish to receive email messages you may request to be removed from the mailing list by using the opt-out mechanism listed in the email message you received. To opt-out of email promotions from mobilequid.com alone, send a request to: Unsubscribe, 8 St. John Street Chester CH1 1DA.

Participating lenders who receive your application information from mobilequid.com review your information in real-time to determine whether your information meets the lender's loan qualification criteria. Participating lenders may, among other things, verify your identity, perform a credit check, and review your information against national databases (such as Experian, Call Credit, and others) that tracks consumer transactions with lending institutions. By submitting the application form(s), you agree to allow participating lenders to review, verify, and research your information in such manner.

If a participating lender determines that your application meets its loan qualification criteria, the mobilequid.com Website will open a new web page identifying the name(s) and contact information of the lender(s), or redirect your browser to the lender's web site. You understand and agree that, once you have been redirected to the lender's web site, mobilequid.com has no further involvement in the loan application or approval process. Your subsequent interactions with the lender are subject to privacy policy, terms of use, and other policies and/or terms enforced by that lender.

We are not a lender and does not make loans or credit decisions in connection with its loan matching service. We do not guarantee acceptance into any particular loan program or specific loan terms of conditions with any participating lender. We do not guarantee that the price, product, availability, rates, fees, or any other loan terms offered and made available by participating lenders through the loan matching service are the best terms available in the market.

We do not endorse or recommend the products of any particular lender. We are not an agent of you or any participating lender. We are not involved with the lender's use and/or review of your application information or in making a determination about whether you meet a particular lender's loan qualification criteria. The lender is solely responsible for its services to you, and you agree that mobilequid.com shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of the loan matching service. You understand that participating lenders may keep your application information, whether or not you are qualified for a loan with them.

Information Notice and Consent

We are not a fee charging broker. However, we may pass on your details to other brokers who may be charging a fee to find you a lender.

In the event, your details are sent to a fee charging broker, the latter is required under the law to send you an Information Notice which clearly states their Name, their Status as a Broker, the Fee they charge, when and by what means they take the payment. Generally, the Information Notice will be sent to yourself by email and before being allowed to complete and finish the application you will be required to reply to them either by Email or SMS or Post and provide your acknowledgment of the Information Notice and you agreeing to its contents.

No fee charging broker can collect your payment details i.e. your Card Number and your Security Code and charge you the broker fee without them sending you the Information Notice and you consenting to the charge being taken.

In the event you have been charged a broker fee and you have not received an Information Notice and has not consented to it, you should contact the broker for an immediate total refund or the bank to charge back the transaction.

Cancellation

If you decide to cancel your application of a loan through us or exercise your right of withdrawal, you can do so within 14 calendar days of making your application. Your request for cancellation should be sent to 8 St. John Street Chester CH1 1DA .

If your loan has already been deposited by your lender and you want to cancel your loan or exercise your right of withdrawal, you should contact your lender within 14 days by calling or emailing them using their prescribed method.

The extent of the Service we provide

We do not act on behalf of any or all of the Participating Lenders and we do not represent them. We will, however, be paid a commission by any Participating Lending which accepts any loan application you make through the Website. If you would like more information about the fee which we will receive, Please email us on team@mobilequid.com or write to us at 8 St. John Street Chester CH1 1DA.

For your protection we require the documentation covering any loan or finance agreement to meet statutory and regulatory safeguards laid down by the Consumer Credit Act 1974 and 2006. If you would like to know more about the protections and remedies provided under those Acts please contact your local Trading Standards Department or The Citizens Advice Bureau.

We do not act as your agent and do not claim to find you the best loan available or a loan on the best terms available. What will be best for you will be dependent on a number of factors including your circumstances and we do not provide advice to you. You should consider all loan options available to you and decide, taking into account your current and foreseeable personal circumstances and the terms of the products offered, which would be best suited to your needs. If you need help with your financial circumstances, there are free sources of help which includemoneyadviceservice.org.uk and citizensadvice.org.uk.

We do not offer loans .

The interest rate(s) offered to you will depend on the Participating Lenders assessment of your application and the products they offer. The Each Participating Lender decides whether to approve any loan applications, how much to lend, at what rate, on which terms and subject to the provision of what evidence.

Where we give examples they are only illustrations. We do not guarantee that loan examples shown on our website are applicable to or appropriate for your situation as each Participating Lender operates differently depending on its assessment of each individual customer's circumstances.

Communication

By using our Service, you agree for us, Participating Lenders and our other partners to communicate with you using telephone, email, SMS, fax and/or post to contact you in order to present various products and services we think would be of interest to you. When we communicate in writing, we may use the last postal address you gave us.

Checks

We do not use credit scoring such as searching your records with credit reference agencies, however you should be aware that most lenders including the Participating Lenders will carry out credit scoring with and access your credit file held by credit reference agencies. Where there are joint clients, it is usual for the credit file and credit score of both customers to be checked.

To help our fraud prevention and data protection strategy, you agree to us and our associate companies, credit reference agencies and selected third parties processing and using any personal data (whether provided electronically, in writing or orally) you give to us. You agree to us using the data to advise you of other products and services unless you notify us you do not wish to be informed of such products and services. The information that you give to us must be true and accurate. You undertake to comply with any legal requirements applicable to you and to provide true and accurate information in order that we can comply with our legal and regulatory obligations. If you provide us with false, inaccurate or misleading information, and/or we suspect fraud may be committed in relation to your application through our Service, we may notify the appropriate agencies. This is likely to have a detrimental impact on your credit records. In the event that you provide us with false, inaccurate or misleading information we reserve the right to reclaim any losses incurred by us in performing the service to you.

Exclusions

We shall not be liable for any breach of obligation to you by any bank, counterparty, intermediary or other third party with whom you do business. You will be liable for any loss you suffer as a consequence of you providing inaccurate information to us or any other person including any Participating Lender(s).

We will incur no liability for any loss (except in relation to death and / or personal injury) arising from non-performance by us which is caused by something beyond our reasonable control.

In the event that any of these terms (each of which is severable) is for any reason illegal, invalid or unenforceable, such provision as deemed modified sufficiently to render it enforceable, legal and valid and of similar effect as We intended.

Apart from provisions expressly covering associate companies, nothing in these terms is enforceable by anyone who is not a party to them.

Copyright

The content, organization, graphics, design, compilation, magnetic translation, digital conversion and other matters related to this site are protected under applicable copyrights, trademarks and other proprietary (including but not limited to intellectual property) rights. The copying, redistribution, use or publication by you of any such matters or any part of the Site, except as allowed under "Limited Right to Use" below, is strictly prohibited. You do not acquire ownership rights to any content, document or other materials viewed through the Site. The posting of information or materials on the Site does not constitute a waiver of any right in such information and materials.

Copyright and Service Mark Information:

Copyright mobilequid.com, 2009, all rights reserved. "mobilequid.com" and associated logos are protected service marks of mobilequid.com in the United States and other countries. All other trademarks are the property of their respective owners.

Limited Right to Use:

The viewing, printing or downloading of any content, video, audio, graphic, form or document from the Site grants you only a revocable, nonexclusive license for use solely by you for personal, non-commercial purposes limited to the use as is reasonably required to view and listen to the content and navigate through the pages and links generally available to the public using a standard Internet browser and standard media player, and not for republication, distribution, assignment, sublicense, sale, preparation of derivative works or other use. No part of any content, graphic, form or document may be reproduced in any form or incorporated into any information retrieval system, electronic or mechanical, other than for your personal, non- commercial use (but not for resale or redistribution).

Editing, Deleting and Modification:

We reserve the right in our sole discretion to change, edit or delete any documents, information or other content appearing on the Site.

Indemnification:

You agree to indemnify, defend and hold mobilequid.com and their respective directors, officers, shareholders, employees, agents, attorneys, advertisers, and publishers (collectively, "Our Affiliated Parties") harmless from any liability, loss, claim or expense, including reasonable attorneys' fees, related to your use of this site or violation of this Agreement.

Nontransferable:

Your right to use the Site is not transferable. Any password or right given to you to obtain information or documents from the Site is not transferable.

WARRANTY DISCLAIMER AND LIMITATION OF LIABILITY:

THE COMPUTER PROGRAMS, INFORMATION AND OTHER CONTENT AVAILABLE FROM OR THROUGH THE SITE ARE PROVIDED "AS-IS," "AS AVAILABLE," AND ALL WARRANTIES, EXPRESS OR IMPLIED, ARE DISCLAIMED. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, mobilequid.com DISCLAIMS ALL WARRANTIES EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, (A) THAT ANY COMPUTER PROGRAMS OR INFORMATION AVAILABLE FROM OR THROUGH THE SITE, OR THE SITE ITSELF WILL BE MERCHANTABLE OR FIT FOR A PARTICULAR PURPOSE, (B) THAT ANY COMPUTER PROGRAMS OR INFORMATION AVAILABLE FROM OR THROUGH THE SITE, OR THE SITE ITSELF WILL BE UNINTERRUPTED OR ERROR-FREE, (C) THAT DEFECTS WILL BE CORRECTED, (D) THAT THERE ARE NO VIRUSES OR OTHER HARMFUL COMPONENTS, (E) THAT THE SECURITY METHODS EMPLOYED WILL BE SUFFICIENT, (F) REGARDING CORRECTNESS, ACCURACY, OR RELIABILITY, OR (G) AGAINST INTERFERENCE WITH YOUR ENJOYMENT OF THE COMPUTER PROGRAMS OR INFORMATION, OR AGAINST INFRINGEMENT. ALL _ INFORMATION' AND _ COMPUTER PROGRAMS' PROVIDED IN THE COURSE OF THIS AGREEMENT ARE PROVIDED WITH ALL FAULTS, AND THE ENTIRE RISK AS TO SATISFACTORY QUALITY, PERFORMANCE, ACCURACY, AND EFFORT IS WITH YOU AS THE USER. WE AND OUR AFFILIATED PARTIES HAVE NO LIABILITY WHATSOEVER FOR YOUR USE OF ANY INFORMATION OR OTHER CONTENT AVAILABLE FROM OR THOUGH THE SITE, OR THE SITE ITSELF. IN PARTICULAR, BUT NOT AS A LIMITATION THEREOF, WE AND OUR AFFILIATED PARTIES ARE NOT LIABLE FOR ANY COMPENSATORY, INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES (INCLUDING DAMAGES FOR LOSS OF BUSINESS, LOSS OF PROFITS, LITIGATION, OR THE LIKE), WHETHER BASED ON BREACH OF CONTRACT, BREACH OF WARRANTY, TORT, PRODUCT LIABILITY OR OTHERWISE; NOR FOR ANY THIRD PARTY CLAIMS OF ANY NATURE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR CLAIMS. THE NEGATION OF DAMAGES SET FORTH ABOVE ARE FUNDAMENTAL ELEMENTS OF THE BASIS OF THE BARGAIN BETWEEN US AND YOU. THE INFORMATION AND OTHER CONTENT AVAILABLE FROM OR THROUGH THE SITE, AND THE SITE ITSELF, WOULD NOT BE PROVIDED WITHOUT SUCH LIMITATIONS. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, YOU OBTAIN FROM US FROM OR THROUGH THE SITE SHALL CREATE ANY WARRANTY, REPRESENTATION OR GUARANTEE NOT EXPRESSLY STATED IN THIS AGREEMENT.

Links to Other Web Sites:

The site may now, or hereafter from time to time, contain links to third-party Web sites. We do not control, investigate, monitor or check such Web sites, we are not responsible for the computer programs available from, content in or opinions expressed at such Web sites, and we do not investigate, monitor or check. We provide such third-party links only as a convenience to visitors of the Site, and the inclusion of a link does not imply approval or endorsement of the linked site by us. If you decide to leave the Site and access any third-party Web site, you do so at your own risk.

Information and Press Releases:

The Site may contain interviews, discussions, press releases and other information (collectively, "Information") about us, our business and our services, including links to third-party websites that contain such Information, which are being provided as a convenience to visitors of the Site. While all Information prepared by mobilequid.com was believed to be accurate as of the date prepared, we disclaim any duty or obligation to update any Information. Statements concerning companies other than mobilequid.com that are contained in any such Information should not be relied upon as being provided or endorsed by us. The opinions expressed in any Information, including by employees and agents of mobilequid.com, are solely those of the author(s) and do not necessarily reflect those of mobilequid.com. With respect to Information, contained in links to third-party websites, please refer to "Links to other Websites" above.

Export Control:

Any text, logos, designs, graphics, images, sounds, information, documents, or other materials (collectively, "Materials") available from or through the Site are or may be subject to United States export controls. No such Materials from this site may be downloaded or otherwise exported or re-exported (1) into (or to a national or resident of) Cuba, Iran, Iraq, Libya, Sudan, Syria, North Korea, or any other country to which the United States has embargoed goods; or (2) to anyone on the U.S. Treasury Department's list of Specially Designated Nationals or the U.S. Commerce Department's Table of Denial Orders (each, a "Restricted List"). By using or downloading any Materials from the Site, you are warranting that you are not located in, under the control of, or a national or resident of any such country or on any Restricted List.

Visitors' Communications:

Except where expressly provided otherwise by us, all comments, feedback, information, or materials that you submit through or in association with the Site shall be considered non-confidential. By submitting such comments, feedback, information, or materials to us, you represent and warrant that We can (i) use of your submission does not and will not breach any agreement, violate any law, or infringe any third party's rights; (ii). you have all rights to enter into this agreement; (iii). We are free to use in any manner all or part of the content of any such communications on an unrestricted basis without the obligation to notify, identify or compensate you or anyone else; and (iv) You grant us all necessary rights, including a waiver of all privacy and moral rights, to use all comments, feedback, information, or materials, in whole or in part, or as a derivative work, without any duty by mobilequid.com to anyone whatsoever. We do not accept unsolicited ideas, works, or other materials, and you acknowledge that you are responsible for and bear all risk as to the use or distribution of any such ideas, works, or materials.

We expressly prohibit the scraping of email addresses from any mobilequid.com Web site (including all areas of this Site - member and non-member) and expressly opts out of receiving commercial electronic mail messages to mobilequid.com domain email addresses that were obtained in violation of the foregoing or by use of automatic address-generation software.

Cookies:

We make use of cookies. Cookies are files that identify your computer to our server. Cookies in themselves do not identify the individual user, just the computer used. Many sites do this whenever a user visits their site in order to track traffic flows. Cookies themselves only record those areas of the site that have been visited by the computer and for how long. You may prevent the use of cookies by configuring your web browser accordingly, but please note that this may hinder some of the Website functionality.

Data and third parties:

All information submitted on this site is held safely and passed to relevant parties over a secure server in accordance with the Data Protection Act of 1998. If we pass your information to any third parties we ensure that they treat your personal information with the same security and confidentiality.

Miscellaneous:

The Site can be accessed from different locations around the world and may contain references to mobilequid.com services, and programs that have not been announced where you are located. These references do not imply that mobilequid.com intends to announce such products, services or programs where you are located. This Agreement shall be treated as though it were executed and performed in Burlington, North Carolina, and shall be governed by and construed in accordance with the laws of the United States of America and of the State of North Carolina (without regard to conflict of law principles). Any cause of action by you with respect to the Site (and/or information, documents and other materials contained therein) must be instituted within one (1) year after the cause of action arose or be forever waived and barred. All actions shall be subject to the limitations set forth under "Disclaimer" above. The language in this Agreement shall be interpreted as to its fair meaning and not strictly for or against you or us. You expressly submit to the exclusive personal jurisdiction and venue of the Superior Court of Alamance County and the United States District Court of North Carolina with respect to all matters relating to this Agreement or your use of the Site, and consent to extra-territorial service of process in connection therewith. Should any part of this Agreement be held invalid or unenforceable, that portion shall be construed consistent with applicable law and the remaining portions shall remain in full force and effect. To the extent that anything in or associated with the Site is in conflict or inconsistent with this Agreement, this Agreement shall take precedence. Our failure to enforce any provision of this Agreement shall not be deemed a waiver of such provision nor of the right to enforce such provision.

I find MobileQuid convenient and easy to deal with...- Debbie from London - Read more
Signed up with my mobile and took £100 out of the wall shortly after...- Mark from Gosport - Read more

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.

MobileQuid is not a lender but is a licensed credit brokerage business.