Terms and Conditions

Effective Date: Jan 1, 2025

Welcome to InnoFi ("we," "our," or "us"). By using our website and services, you agree to comply with and be bound by the following terms and conditions ("Terms"). Please read them carefully. If you do not agree to these Terms, you must not use our website or services.

1. Acceptance of Terms

By accessing or using our website and services, you acknowledge that you have read, understood, and agree to be bound by these Terms, as well as our Privacy Policy. These Terms constitute a legally binding agreement between you and InnoFi.

2. Eligibility

Our services are available only to individuals who are at least 18 years old and legally capable of entering into binding contracts. By using our services, you represent and warrant that you meet these requirements.

3. Changes to Terms

InnoFi reserves the right to modify or update these Terms at any time without prior notice. Any changes will be effective immediately upon posting. Your continued use of our website or services constitutes your acceptance of the revised Terms.

4. Use of Services

(a) You agree to use our website and services for lawful purposes only. (b) You may not use our services to engage in fraudulent, abusive, or illegal activities. (c) Any unauthorized access to our systems or interference with our operations is strictly prohibited.

5. Loan Application and Approval

(a) Applying for a loan through InnoFi does not guarantee approval. Loan approval is subject to a review of your creditworthiness and other eligibility criteria. (b) By submitting an application, you authorize us to verify your information, including but not limited to your credit history, employment, and income. (c) Loan terms, including interest rates and repayment schedules, will be disclosed upon approval.

6. Fees and Payments

(a) You are responsible for all fees and charges associated with your loan as outlined in your loan agreement. (b) Late payments may result in additional fees or penalties, as specified in your loan agreement. (c) InnoFi reserves the right to apply payments in accordance with applicable laws and your loan agreement.

7. Privacy

Your use of our services is subject to our Privacy Policy, which explains how we collect, use, and protect your personal information. By using our services, you consent to the practices described in our Privacy Policy.

8. Intellectual Property

All content on our website, including text, graphics, logos, and software, is the property of InnoFi or its licensors and is protected by copyright, trademark, and other intellectual property laws. You may not use, reproduce, or distribute any content without our prior written consent.

9. Limitation of Liability

To the fullest extent permitted by law, InnoFi shall not be liable for any indirect, incidental, consequential, or punitive damages arising out of or related to your use of our services. Our total liability to you for any claim arising out of or relating to these Terms or our services shall not exceed the amount you paid to us for the services in question.

10. Dispute Resolution

(a) Any disputes arising out of or relating to these Terms or our services shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association. (b) You agree to waive your right to participate in class-action lawsuits against InnoFi. (c) Arbitration will take place in [Insert Jurisdiction], and the decision of the arbitrator shall be final and binding.

11. Governing Law

These Terms are governed by the laws of the State of Delaware, without regard to its conflict of laws principles.

12. Termination

InnoFi reserves the right to terminate or suspend your access to our services at any time, with or without cause, and without prior notice.

13. Contact Information

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

InnoFi Support
Email: customersupport@innofi.com
Phone: (800) 892-9925 and (801) 980-1926
Mailing Address: 11456 Temple Dr. Suite 201. South Jordan, Utah 84095.

By using our website and services, you acknowledge that you have read, understood, and agree to these Terms and Conditions.