Terms and Conditions for Submission
Please read these Terms and Conditions ("Terms") carefully before using the Covero website and services. By accessing or using our website, you agree to be bound by these Terms. If you do not agree to these Terms, please do not use our services.
1. About Our Service
Covero is not a lender. We operate a loan comparison and referral service that connects consumers with third-party lenders and financial service providers ("Network Partners"). We do not make credit decisions, set interest rates, or determine loan terms. Any loan offer you receive comes directly from a third-party lender, and the terms of that offer are governed by the lender's own agreement with you.
2. Eligibility
To use our services, you must:
- Be at least 18 years of age
- Be a legal resident of the United States
- Have a valid email address and phone number
- Have an active bank account
- Have a regular source of income
3. Your Submission
When you submit a request through our website, you authorize us to share the information you provide with our Network Partners for the purpose of evaluating your request and potentially offering you a loan or other financial product. You represent and warrant that all information you provide is accurate, complete, and current.
4. No Guarantee of Loan Offer
Submitting a request through Covero does not guarantee that you will receive a loan offer. Loan offers are subject to the approval of third-party lenders based on their own underwriting criteria. We have no control over whether a lender will approve your request or the terms of any loan offer you may receive.
5. APR and Loan Terms
Annual Percentage Rates (APR) range from 5.99% to 35.99% for qualified consumers. Personal loans have a 91-day minimum repayment period and a 72-month maximum repayment period. Before accepting a loan from a lender within our network, please read the loan agreement carefully as the APR and repayment terms may differ from what is listed on this site. The lender's loan agreement will contain the specific terms and conditions of your loan, including the actual APR and any fees or charges.
6. Credit Checks and Reporting
By submitting a request, you acknowledge that our Network Partners may obtain your credit report from one or more consumer reporting agencies. This may or may not affect your credit score. If you are connected with a lender and accept a loan offer, the lender may report your payment history to credit reporting agencies, which can affect your credit score positively or negatively.
7. Communications
By submitting your information, you consent to receive communications from Covero and our Network Partners, including via email, phone, and SMS/text messages, regarding your request and related products and services. You may opt out of marketing communications at any time by visiting our Unsubscribe page or by following the opt-out instructions in any communication you receive.
8. Intellectual Property
All content on the Covero website, including text, graphics, logos, images, and software, is the property of Covero or its licensors and is protected by copyright, trademark, and other intellectual property laws. You may not reproduce, distribute, modify, or create derivative works from any content on our website without our prior written consent.
9. Limitation of Liability
To the fullest extent permitted by law, Covero shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or related to your use of our website or services, including but not limited to any loan transaction with a third-party lender. Our total liability to you for any claim arising out of these Terms shall not exceed the amount you paid to us, if any, for the use of our services.
10. Disclaimer of Warranties
Our website and services are provided on an "as is" and "as available" basis without warranties of any kind, either express or implied. We do not warrant that our website will be uninterrupted, error-free, or free of viruses or other harmful components. We make no warranties regarding the accuracy, reliability, or completeness of any content on our website or any loan offers you may receive.
11. Indemnification
You agree to indemnify, defend, and hold harmless Covero and its officers, directors, employees, agents, and affiliates from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or related to your use of our services, your violation of these Terms, or your violation of any rights of a third party.
12. Governing Law
These Terms shall be governed by and construed in accordance with the laws of the State of Florida, without regard to its conflict of law principles. Any disputes arising under these Terms shall be resolved in the state or federal courts located in Florida.
13. Changes to These Terms
We reserve the right to modify these Terms at any time. Any changes will be posted on this page with an updated effective date. Your continued use of our services after any changes constitutes your acceptance of the revised Terms.
14. Severability
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
15. Contact Us
If you have any questions about these Terms and Conditions, please contact us at support@covero.com.