Last Updated: November 23, 2024
1. Acceptance of Terms
By accessing and using cranefinanceapply.com ("Website") and Crane Finance services, you accept and agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, do not use our services.
2. Description of Service
Crane Finance is a lead generation and loan matching service. We are NOT a lender. We connect borrowers with licensed third-party lenders who may offer payday loans and other short-term financial products.
By submitting an application through Crane Finance Loans:
- You authorize us to share your information with lenders in our network
- You may receive loan offers directly from lenders
- You are under no obligation to accept any loan offer
- Any loan agreement will be between you and the lender, not Crane Finance
3. Eligibility
To use Crane Lending services, you must:
- Be at least 18 years of age
- Be a U.S. citizen or permanent resident
- Have a valid Social Security number
- Have an active checking account
- Have regular income
- Reside in a state where payday lending is legal
- Provide accurate and truthful information
4. Application Process
Your Responsibilities
- Provide accurate, current, and complete information
- Maintain and update your information as needed
- Review all loan terms carefully before accepting
- Understand that submitting an application does not guarantee approval
Our Role
- Distribute your application to appropriate lenders
- Facilitate connections between you and lenders
- We do NOT make lending decisions
- We do NOT guarantee loan approval or specific terms
5. Fees and Costs
Crane Finance does NOT charge borrowers any fees for our matching service. Our service is free to use. However:
- Lenders will charge fees and interest for loans they provide
- Loan costs are determined by individual lenders
- APRs for payday loans are typically high
- All fees will be disclosed by lenders before you accept any loan
6. Privacy and Data Use
Your use of our services is also governed by our Privacy Policy. By using CraneFinance services, you consent to:
- Collection of your personal and financial information
- Sharing your information with lenders in our network
- Electronic communications from us and lenders
- Use of cookies and tracking technologies
7. Electronic Communications
By using our service, you consent to receive electronic communications including:
- Email notifications about your application
- Marketing communications (you may opt out)
- Phone calls from lenders regarding loan offers
- Text messages if you provide consent
8. No Guarantee of Loan Approval
Submitting an application through Crane Finance Loan services does NOT guarantee:
- Loan approval from any lender
- Specific loan amounts or terms
- Particular interest rates or fees
- Funding within a specific timeframe
Each lender has independent underwriting criteria and makes their own lending decisions.
9. Lender Relationships
Important disclosures about our lender relationships:
- We earn referral fees from lenders when successful matches result in funded loans
- All lenders in our network are independently licensed
- We are not responsible for lender actions, loan terms, or collection practices
- Disputes with lenders must be resolved directly with that lender
- We cannot modify loan terms or intervene in lender decisions
10. Responsible Borrowing
Payday loans are short-term financial products intended for emergency use. Before applying for Crane Financial Loans:
- Consider whether you truly need the loan
- Borrow only what you can afford to repay
- Understand all costs and repayment obligations
- Explore alternatives such as employer advances, credit unions, or assistance programs
- Create a realistic repayment plan
- Avoid using payday loans for recurring expenses
11. Prohibited Uses
You agree NOT to:
- Provide false or misleading information
- Use another person's identity or information
- Submit multiple applications with different information
- Attempt to manipulate or interfere with our systems
- Use our service for illegal purposes
- Scrape or collect data from our website
- Reverse engineer our platform
12. Disclaimers
Service "As Is"
CraneFinance services are provided "AS IS" and "AS AVAILABLE" without warranties of any kind, express or implied, including but not limited to:
- Warranties of merchantability or fitness for particular purpose
- Accuracy, reliability, or availability of services
- Uninterrupted or error-free operation
- Security of data transmission
No Financial Advice
We do not provide financial, legal, or tax advice. Information on our website is for general educational purposes only. Consult qualified professionals for advice specific to your situation.
13. Limitation of Liability
To the maximum extent permitted by law, Crane Finance and its affiliates shall NOT be liable for:
- Indirect, incidental, special, consequential, or punitive damages
- Loss of profits, revenue, data, or use
- Actions or omissions of third-party lenders
- Loan denial, terms, or costs imposed by lenders
- Collection activities by lenders
- Credit score impacts
- Technical failures or interruptions
Our total liability shall not exceed $100 or the amount of referral fees we earned from your loan, whichever is less.
14. Indemnification
You agree to indemnify, defend, and hold harmless Crane Finance, its affiliates, officers, directors, employees, and agents from any claims, damages, losses, liabilities, and expenses (including legal fees) arising from:
- Your use of our services
- Your violation of these Terms
- Your violation of any rights of another party
- Information you provide to us or lenders
15. State-Specific Terms
Additional terms may apply based on your state of residence. Some states have specific requirements for loan matching services, maximum fees, loan terms, and borrower rights. Our service complies with applicable state laws where we operate.
16. Dispute Resolution
Governing Law
These Terms are governed by the laws of the State of New York, without regard to conflict of law principles.
Arbitration Agreement
Any dispute arising from these Terms or our services shall be resolved through binding arbitration rather than in court, except where prohibited by law. You waive your right to a jury trial and class action participation.
Exceptions
Either party may seek injunctive relief in court for intellectual property violations or to enforce arbitration agreements.
17. Modifications to Terms
We reserve the right to modify these Terms at any time. Changes will be effective upon posting to our website with an updated "Last Updated" date. Continued use after changes constitutes acceptance of modified Terms.
18. Termination
We may suspend or terminate your access to our services at any time for any reason, including violation of these Terms. Upon termination:
- Your right to use our services ceases immediately
- We may delete your account and data
- Provisions regarding liability, indemnification, and disputes survive termination
19. Severability
If any provision of these Terms is found invalid or unenforceable, that provision shall be limited or eliminated to the minimum extent necessary, and the remaining provisions shall remain in full force.
20. Entire Agreement
These Terms, together with our Privacy Policy, constitute the entire agreement between you and Crane Finance regarding our services and supersede all prior agreements.
21. Contact Information
Questions about these Terms? Contact us:
Crane Finance
Email: [email protected]
Address: 1234 Financial Plaza, Suite 500, New York, NY 10001
22. Acknowledgment
By using CraneFinance services, you acknowledge that:
- You have read and understood these Terms
- You agree to be bound by these Terms
- You understand we are not a lender
- You authorize sharing your information with lenders
- You understand payday loans have high costs
- You are responsible for repaying any loans you accept