Last Revised April 4, 2018
Welcome to CommonBond. The below terms govern your use of the commonbond.co website and related CommonBond services (collectively the “Services”).
Use of the Services by children under the age of 13 is prohibited. By using the Services, you warrant that you are 13 years of age or older.
Some Services may require that you register on the CommonBond website commonbond.co or a CommonBond for Business™ link provided by your employer. You must provide complete and accurate information during registration, including your email address, and update your information should it change in the future.
You must maintain the confidentiality of your assigned user IDs and passwords. You agree to immediately notify CommonBond at firstname.lastname@example.org of any unauthorized use of your password or username or any other breach of security. If a password is lost or stolen, it is your responsibility to change the password, and immediately notify CommonBond, so that your account remains secure and functional.
The Services include features which allow you to submit content that others can access, both within and outside of the Services. You retain any rights you hold in content that you submit. All content submitted to the Services is the sole responsibility of the user who submitted the content.
CommonBond does not screen, review or actively monitor any content submitted to the Services by users, and is not responsible for the accuracy or truthfulness of any user- submitted content.
None of the information contained in CommonBond's website constitutes a recommendation, solicitation or offer by CommonBond or its affiliates to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service. The information contained in CommonBond's website has been prepared without reference to any particular user's lending or investment requirements or financial situation. The information contained and services offered in CommonBond's website are not provided to, and may not be used by, any person or entity in any jurisdiction where the provision or use thereof would be contrary to applicable laws, rules or regulations of any governmental authority or regulatory or self-regulatory organization or clearing organization or where CommonBond is not authorized to provide such information or services. Some products and services described in CommonBond's website may not be available in all jurisdictions or to all potential users.
Other than as specifically set forth herein, the Services is provided “AS IS” and “WITH ALL FAULTS” and without warranty of any kind. You agree that the use of the Services is at your risk.
COMMONBOND MAKES NO WARRANTY OF ANY KIND TO YOU OR ANY THIRD PARTY, EXPRESS, IMPLIED OR STATUTORY, WITH RESPECT TO THE SERVICES, OPERATION OF THE SERVICES, OR OUTPUT OF OR RESULTS OBTAINED FROM THE SERVICES, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OPERABILITY, COMPLIANCE WITH APPLICABLE LAW OR NON-INFRINGEMENT AND ALL SUCH WARRANTIES ARE HEREBY EXCLUDED BY COMMONBOND AND WAIVED BY YOU.
CommonBond may, in its sole discretion, discontinue offering the Services or terminate or suspend your access to the Services at any time.
You agree that we and any of our affiliates, agents, service providers or assignees may call you, leave you a voice, prerecorded, or artificial voice message, or send you a text, e-mail, or other electronic message for any purpose related to your loan with us, our products and services, or surveys or research (each a "Communication"). You agree that we and any of our affiliates, agents, service providers or assignees may call or text you at any telephone number associated with your loan, including cellular telephone numbers, and may send an e-mail to any email address associated with your loan. If you choose to update your contact information with us, including cellular telephone numbers, we may use it for Communication. You also agree that we and any of our affiliates, agents, service providers or assignees may include your personal information in a Communication and may conduct a Communication using an automatic telephone dialing system. We will not charge you for a Communication, but your service provider may. In addition, you understand and agree we and any of our affiliates, agents, service providers or assignees may always communicate with you in any manner permissible by law that does not require your prior consent.
CommonBond offers a student loan assessment service known as CommonBond Evaluation. Through this service, you enter certain personal information and receive student loan repayment information based on your financial situation and loan portfolio. Through this service, CommonBond is not attempting to make or broker loans in jurisdictions where it is not authorized to do so. CommonBond expressly reserves the right to discontinue, suspend or terminate the offering of any loan product in any specific state through the Website at any time, without prior notice. The data and other information you may provide CommonBond through CommonBond Evaluation is not, and is not treated as, an application for a loan or a request to be pre-approved, pre-qualified or any similar concept. The rates and fees provided by CommonBond evaluation are estimates and the rates actually provided by CommonBond may be higher or lower depending on your complete credit profile, and income/asset considerations including but not limited to loan to value and debt to income ratios.
CommonBond also offers two types of Contribution services: Student Loan Contribution and Retirement Contribution whereby employers may make certain contributions to their employees’ existing student loans and/or company-sponsored retirement plan. Through this service, CommonBond obtains certain personal information about you from you, your employer or your credit report. Through this service, CommonBond is not attempting to make or broker loans in jurisdictions where it is not authorized to do so. CommonBond expressly reserves the right to discontinue, suspend or terminate the offering of any loan product in any specific state through the Website at any time, without prior notice. The data and other information you may provide CommonBond through CommonBond Contribution is not, and is not treated as, an application for a loan or a request to be pre-approved, pre-qualified or any similar concept.