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Terms of Use - March 31, 2024

 

Please carefully review these terms and conditions of use before using this site or accessing any data on the Kurud lending platform. Any use of this website creates a binding agreement to comply with these terms and conditions. If you do not agree to these terms without limitation or exclusions, you should exit this site immediately. 

Welcome to the Kurud Lending platform. The following are terms of a legal agreement (the “Agreement”) between you, individually and/or as an agent on behalf of an entity or another registered user (“you”) and Kurud Circle Limited (“Kurud”) that sets forth the terms and conditions for your use of this web site (the “Site”). The Site is owned and operated by Kurud. This Site is being provided to you expressly subject to this Agreement. By accessing, browsing and/or using the Site, you acknowledge that you have read, understood, and agree to be bound by the terms of this Agreement and to comply with all applicable laws and regulations regardless of whether you are a registered member of the Service. The terms and conditions of this Agreement form an essential basis of the bargain between you and Kurud. In addition to these Terms of Use, you may enter into other agreements with us or others that will govern your use of the Service or related services offered by us or others. If there is any contradiction between these Terms of Use and another agreement you enter into applicable to specific aspects of the Service, the other agreement shall take precedence in relation to the specific aspects of the Service to which it applies.

Changes to these Terms of Use

Kurud reserves the right to amend this Agreement at any time and will notify you of any such changes by posting the revised Agreement on the Site. You should check this Agreement on the Site periodically for changes. All changes shall be effective upon posting. Your continued use of the Site after any change to this Agreement constitutes your agreement to be bound by any such changes. Kurud may terminate, suspend, change, or restrict access to all or any part of this Site without notice or liability.

Minimum Tenure: 62 days

Maximum Tenure: 60 months

Maximum APR: 40%

Representative example of a Fresh USD $10,000 SME Loan over 12 months

INTEREST RATE

LOAN VALUE

LOAN TERM

TOTAL AMOUNT

MONTHLY INSTALMENTS

2.5%

Fresh USD $10,000

12 Months

Fresh USD$11,698.45

Fresh USD$974.87

Kurud

Kurud is an award-winning, venture-backed fintech startup that provides online loans.

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Contact

7th Floor, Dyan building, Venezuela Street, Jnah. 

Beirut, Lebanon.

+961 76756060

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© 2024 Kurud. All rights reserved. Kurud is licensed by the BDL and authorised to provide Peer to Peer Lending by the CMA in Lebanon

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