Terms & Conditions

Last updated: January 1, 2026

1. Introduction & Acceptance

Welcome to Quick-Fund Loan Inc ("Company," "we," "us," or "our"). These Terms and Conditions ("Terms") govern your use of our website at quikfundl.com and all related services, including loan applications, account access, and communications with our team.

By accessing our website, submitting a loan application, or creating a user account, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree to these Terms, you must not use our services.

2. Eligibility

To apply for a loan through Quick-Fund Loan Inc, you must:

  • Be at least 18 years of age
  • Be a legal resident of the United States
  • Provide accurate and truthful personal, financial, and employment information
  • Have a valid government-issued identification
  • Have an active bank account in your name for loan disbursement

3. Loan Terms & Disbursement

Upon approval of your loan application, the Company will present you with a Loan Agreement specifying the exact terms of your loan, including the approved loan amount, interest rate, repayment schedule, and any applicable fees.

The approved loan amount may differ from your requested amount based on our internal assessment. Loan disbursement will be processed only after all required verifications are complete and your banking information has been submitted and confirmed.

Funds are typically disbursed via direct deposit to the bank account you provide. Processing times may vary depending on your financial institution.

4. Repayment Terms

You agree to repay the loan in equal monthly installments over the agreed-upon loan term as specified in your Loan Agreement. Each installment includes a portion of the principal amount plus accrued interest.

Repayment obligations include:

  • Monthly Payments: Payments are due on the same date each month as specified in your agreement
  • Payment Methods: Payments may be made via bank transfer, direct debit, or other approved methods
  • Early Repayment: You may repay the loan in full or make additional payments at any time without prepayment penalties
  • Grace Period: A grace period of 5 business days is provided after each due date before late fees are assessed

5. Interest Rate

Interest on your loan is calculated on an annual basis (Annual Percentage Rate or APR) and applied monthly to the outstanding principal balance. The specific interest rate for your loan is determined during the approval process and will be clearly stated in your Loan Agreement.

Interest rates are fixed for the duration of the loan term and will not change after your agreement is executed. The monthly interest charge is calculated by dividing your annual rate by 12 and applying it to the remaining principal balance.

6. Fees

The following fees may apply to your loan:

  • Origination Fee: A one-time origination fee may be charged upon loan approval. This fee is calculated as a percentage of the approved loan amount and is disclosed in your Loan Agreement. The origination fee is structured as a split payment — 50% due before disbursement and 50% deducted from the loan proceeds.
  • Late Payment Fee: A late fee of $25.00 or 5% of the overdue payment amount (whichever is greater) will be assessed for payments received more than 5 business days after the due date.
  • Returned Payment Fee: A fee of $30.00 will be charged for any payment returned due to insufficient funds or incorrect banking information.
  • No Prepayment Penalty: There is no fee for paying off your loan early or making additional payments.

7. Default & Remedies

You will be considered in default of your loan if:

  • You fail to make any scheduled payment within 30 days of the due date
  • You provide false or misleading information in your application
  • You fail to comply with any term or condition of your Loan Agreement
  • You file for bankruptcy or become subject to insolvency proceedings

In the event of default, the Company reserves the right to:

  • Declare the entire outstanding balance immediately due and payable
  • Report the default to credit reporting agencies
  • Pursue collection through all legally available means
  • Charge additional interest and collection costs as permitted by law
  • Refer the account to a third-party collection agency

8. Identity Verification

As part of our compliance and fraud prevention measures, we may require you to complete identity verification steps before loan disbursement. This may include:

  • Uploading a government-issued photo ID (front and back)
  • Providing your full Social Security Number for verification purposes
  • Submitting additional documentation as requested

Failure to complete required verification steps within the specified timeframe may result in cancellation of your loan approval.

9. User Accounts

Applicants with active loan applications may create user accounts on our platform. By creating an account, you agree to:

  • Maintain the confidentiality of your login credentials
  • Notify us immediately of any unauthorized access to your account
  • Accept responsibility for all activities that occur under your account

The Company reserves the right to suspend or terminate user accounts at any time for violation of these Terms or suspicious activity.

10. Privacy & Data Protection

Your personal information is handled in accordance with our Privacy Policy. By using our services, you consent to the collection, use, and disclosure of your information as described in our Privacy Policy.

We implement industry-standard security measures to protect your personal and financial data. However, no method of electronic transmission or storage is 100% secure, and we cannot guarantee absolute security.

11. Governing Law

These Terms and any Loan Agreement executed between you and Quick-Fund Loan Inc shall be governed by and construed in accordance with the laws of the State of New York, without regard to its conflict of law principles.

Any disputes arising from or related to these Terms or your loan shall be resolved in the courts of Nassau County, New York. By agreeing to these Terms, you consent to the jurisdiction of said courts.

12. Amendments

The Company reserves the right to modify these Terms at any time. Changes will be effective immediately upon posting to our website. Your continued use of our services after any modifications indicates your acceptance of the updated Terms.

For material changes that affect existing loan agreements, we will provide notice via email to the address associated with your account.

13. Limitation of Liability

To the maximum extent permitted by law, Quick-Fund Loan Inc shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of our services or any loan agreement, regardless of the theory of liability.

14. Contact Information

For questions about these Terms & Conditions, please contact us:

  • Quick-Fund Loan Inc
  • 900 Stewart Avenue, Suite 240, Garden City, NY 11530
  • (929) 266-7947
  • customerservice@quikfundl.com