Application Conditions: We apologize that our borrowing/lending service is currently not offered in your country, but we’re working hard to make it available as soon as possible. In the seven countries where we are currently offering our services, the requirements for a newly applying borrower are as follows: The applicant must be of legal age (20-years old), have attained legal citizenship in their country of residence, hold a current bank account in the country they are applying for a loan, have a mobile phone number registered in their name (for customer support), and a Bank-ID or alternative digital identification. All applicants also undergo a stringent credit-check, before their application can be approved. Information on loan terms and fees (corresponding fees will depend on the initial loan amount requested - example provided herein is for a loan of 600 EUR): The duration of a loan is always fixed at 30-days. All loans from TrustBuddy are always free of any additional charges/fees, when fully repaid to your TrustBuddy account within 14-days from the initial loan disbursement date. After 14-days, a ‘loan fee’ of 116 EUR (dependant on the principal loan amount) will be added to the initial loan amount, and will become an integral part of the principal loan. The loan period can be extended by an additional 30-days by paying a ‘renewal fee’ of 56 EUR (dependant on the principal loan amount). Extending the loan period, will not affect the outstanding principle loan balance. Terms for overdue loans (the following terms apply to all loan amounts): When a borrower has defaulted on a loan or renewal payment, TrustBuddy will grant our customers an additional 10-days to make payment, before sending the loan(s) to a third-party collection agency. Failure to make payment during this grace period will result in an entry into the credit registry, and may affect your credit score. Before the debt collection process begins, TrustBuddy will assess a loan ‘termination fee’ of 56 EUR + one renewal fee (dependant on the principal loan amount), which will then also become an integral part of the principal loan amount. The collection agency will add their service fees, according to local practices of good debt collection. If no payment is received by the customer to the collection agency during the pre-legal collection phase, the collection agency will submit a ‘legal summary’ of the case to the court system, and ask for a summary judgment. Once a summary judgment has been reached, a bailiff will effectively have the right to directly withdraw funds from all revenue sources the borrower may have, and return the principal loan amount (together with any fees) to the collection agency. TrustBuddy and our partners comply with all applicable laws, regarding good business practices. TrustBuddy AB is a registered legal business entity with the Swedish financial regulation authority, and listed on NASDAQ OMX First North stock exchange.