Loan Agreement

JCI Lend ｜ Version 1.0.0 ｜ Updated: June 2025

1️⃣ Protocol

This Agreement reflects the complete understanding between the parties and shall come into effect on the date the Promissory Note provides the Borrower with loan funds and shall continue until the obligations stipulated therein are performed or no longer required, unless terminated earlier by the Lender or otherwise modified by agreement of the parties.

The loan services provided by JCI Lend App are authorized by Warm Cash Lending Corp., Warm Cash Lending Corp. is a lending institution approved by the Securities and Exchange Commission of the Philippines and subject to the authorization and supervision of the Securities and Exchange Commission of the Philippines under SEC Registration No. 2021030009095 and Certificate of Authorization No. 3427.

2️⃣ Loan Terms

Loan Amount: minimum ₱1,000; maximum ₱60,000.
Loan Term: 90days to 365days calendar days depending on product.
Annual Interest Rate(APR): 8% to 23%.
Service Fees: May include processing fees up to ₱120, shown before confirmation.
Repayment Method: Bank transfer, e-wallets, or over-the-counter partner payment centers.

3️⃣ Example Calculation

To help you understand repayment obligations, here is a sample calculation:

Loan Amount	₱20,000
Loan Term	180 days
Annual Interest Rate	12%
Total interest	₱1,183.56
Total Repayment	₱21,183.56

Before you apply, review the disclosure statement to fully understand the loan terms..

4️⃣ Loan Purpose

The money provided by the lender is used by the borrower to carry out legal and bona fide activities. These funds are used exclusively for the borrower's personal use.

5️⃣ Repayment Obligations

The Borrower agrees to repay the full amount before the due date.
Early repayment is permitted without penalties.
Failure to repay on time may result in late fees or reporting to credit bureaus.

6️⃣ Late Payment & Default

In case of delay, a daily penalty (up to 1%) may apply, based on local regulations.
The Lender reserves the right to initiate collection activities, including contacting the Borrower or listed references.
Serious default may be reported to appropriate legal or financial authorities.

7️⃣ Use of Information

Borrower's data will be used for identity verification, fraud detection, and credit scoring. Please refer to our Privacy Policy for full data usage details.

8️⃣ Cancellation

You may cancel a loan request before disbursement.
Once disbursed, the loan is binding until full repayment.

9️⃣ Governing Law

This agreement is governed by the laws of the Republic of the Philippines. Disputes will be resolved in accordance with Philippine regulations and authorities.

🔟 Consent & Confirmation

By submitting a loan request, you confirm that you:

Are of legal age and capacity;
Understand and agree to all terms listed above;
Authorize the Lender to evaluate your creditworthiness;
Accept the repayment obligations, fees, and potential penalties.

1️⃣1️⃣Review

At any point in time, the Lender may undertake a review of the Loan, holding a sovereign right to demand its repayment or to rescind the Loan at will. In addition, the Lender has the unilateral authority to revisit and adjust the Terms and Conditions stipulated herein, as per its discretion.