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Terms and Conditions

Please read these terms carefully before using our services

Last updated: January 2025

1. Acceptance of Terms

By accessing and using FinQuest Finance services, you accept and agree to be bound by these terms and conditions. If you do not agree to these terms, please do not use our services. Your continued use of our platform constitutes acceptance of any modifications to these terms.

2. Zero-Interest Educational Loan Terms

Our zero-interest educational loans are designed to make quality education accessible. These loans are subject to:

  • Successful application approval based on our eligibility criteria
  • Agreement to the repayment schedule outlined in your loan agreement
  • Completion of all required documentation and verification processes
  • Enrollment and satisfactory progress in your chosen educational program

3. Eligibility Requirements

To qualify for our educational loans, applicants must:

• Be Nigerian citizens or legal residents

• Be at least 18 years of age

• Meet our creditworthiness and financial assessment criteria

• Provide accurate and complete information in their application

• Be accepted or enrolled in an approved educational program

4. Repayment Obligations

Borrowers agree to repay loans according to the agreed schedule specified in their loan agreement. While we offer zero interest, timely repayment is essential. Late or missed payments may result in:

Restrictions on future loan applications

Impact on your loan eligibility status

Reporting to credit bureaus where applicable

Potential legal action for non-payment

5. Educational Programs and Partners

FinQuest Finance manages and curates the list of partner educational institutions and available programs through our platform. While we carefully select our partners, we reserve the right to add, remove, or modify available programs at our discretion. We strive to provide advance notice of any significant changes that may affect active loan agreements. Training providers maintain their own terms and conditions for their programs.

6. Prohibited Uses

You may not use our services to:

  • • Provide false, misleading, or fraudulent information
  • • Apply for loans under someone else's identity
  • • Use loan funds for purposes other than approved educational expenses
  • • Violate any applicable local, state, or federal laws
  • • Attempt to circumvent our verification or approval processes
  • • Interfere with the proper functioning of our platform

7. Limitation of Liability

FinQuest Finance provides loan facilitation services and is not liable for indirect, incidental, consequential, or special damages arising from service use, including but not limited to program quality, employment outcomes, or educational institution performance, except where prohibited by law. Our liability is limited to the amount of the loan principal provided.

8. Data Protection and Privacy

We are committed to protecting your personal information. All data collection, storage, and usage are governed by our Privacy Policy. By using our services, you consent to our data practices as outlined in our Privacy Policy.

9. Modifications to Terms

We reserve the right to modify these terms at any time. Material changes will be communicated via email or platform notification. Continued use of our services after such modifications constitutes acceptance of the updated terms. For active loan agreements, changes will not affect the core terms of your existing loan.

10. Governing Law

These terms and conditions are governed by the laws of the Federal Republic of Nigeria. Any disputes arising from these terms will be subject to the exclusive jurisdiction of Nigerian courts.

11. Contact Information

For questions, concerns, or clarifications about these terms and conditions, please contact us:

By using FinQuest Finance, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.