📄 AI Wealth Africa – Loan Application Terms and Conditions

1. Eligibility

• Applicants must be African citizens or legal residents aged 18 and above.
• A valid government-issued ID and proof of income are required.
• Applicants must have an active bank account and verifiable contact details.

1. Application Process

• All loan applications must be submitted through the official platform: aiwealthafrica.com.ng/loan.
• Submission of false or misleading information will result in automatic disqualification.

1. Loan Approval

• Approval is subject to creditworthiness, income verification, and internal risk assessment.
• AI Wealth Africa reserves the right to approve or reject applications at its sole discretion.

1. Interest Rates and Repayment

• Interest rates vary based on loan amount, duration, and applicant profile.
• Repayment schedules will be clearly communicated upon approval.
• Late payments may attract penalties and affect future eligibility.

1. Use of Funds

• Loans must be used for the purpose stated in the application.
• Misuse of funds may result in legal action or loan recall.

1. Data Privacy

• Applicant data will be handled in accordance with Nigeria’s Data Protection Regulation (NDPR).
• AI Wealth Africa will not share personal data with third parties without consent, except as required by law.

1. Default and Recovery

• In case of default, AI Wealth Africa reserves the right to initiate recovery actions, including reporting to credit bureaus.
• Legal proceedings may be initiated for unresolved defaults.

1. Amendments

• These terms may be updated periodically. Continued use of the platform implies acceptance of any changes.