Terms of Service

1. Definition of Terms

• Borrower — A registered user requesting financing through Kaulix.
• Loan — A financial arrangement facilitated by Kaulix between the company and a borrower.
• Platform — The Kaulix system, including web and mobile applications.
• Service Fee — Fees charged by the Platform for facilitating transactions.

2. Nature of Service

Kaulix Lending Corporation is a SEC-registered lending company (CA No. L-26-1044-53) that provides accessible lending services. The Platform facilitates borrower verification, loan processing, payment tracking, and AI-powered credit scoring. All loans are subject to credit assessment and approval.

3. Eligibility

To use our services, you must:

• Be at least 21 years old.
• Be a Filipino citizen or legally registered entity.
• Provide accurate KYC information.
• Have no restrictions under Philippine law preventing you from borrowing.
• Currently reside in or have business operations in Misamis Oriental.

4. Borrower Responsibilities

• Provide accurate and complete personal and financial information.
• Repay loans according to the agreed-upon schedule and terms.
• Notify Kaulix promptly of any changes to your contact or financial information.
• Follow all applicable Philippine laws and regulations.
• Not use loan proceeds for illegal activities.

5. Interest Rates & Fees

Interest rates start as low as 3% monthly and vary based on your credit profile, loan amount, and term. All fees — including service fees and documentary stamp tax (DST) — are disclosed upfront before you agree to any loan terms. There are no hidden fees.

6. Credit Assessment

Kaulix uses an AI-powered deterministic credit scoring model to evaluate loan applications. Every credit decision is transparent and explainable. Your credit score is based on multiple factors evaluated fairly and consistently. Kaulix reserves the right to approve or deny any loan application based on the results of the credit assessment.

7. Repayment

Borrowers repay through Kaulix's supported payment channels. Repayments include principal and interest as specified in the loan agreement. Late payments may incur penalties as outlined in your loan terms.

8. Platform Rights & Limitations

The Platform may deny, suspend, or terminate accounts, update credit scoring methodologies, and withhold or freeze activities if suspicious actions are detected. Kaulix reserves the right to modify these terms, loan products, and services at any time.

9. Data Privacy

Your data is processed in accordance with the Data Privacy Act of 2012 (RA 10173). Please refer to our Privacy Policy for full details on how we collect, use, and protect your personal information.

10. Prohibited Conduct

• Providing false or misleading information in your loan application.
• Using loan proceeds for illegal purposes.
• Tampering with platform data or using automated scripts.
• Attempting to circumvent the credit assessment process.
• Harassing Kaulix staff or other platform users.

11. Amendments

Kaulix may revise these Terms at any time. Continued use of the Platform signifies acceptance of the updated Terms. We will notify you of significant changes through the platform or via email.

12. Limitation of Liability

To the maximum extent allowed by Philippine law, Kaulix is not liable for any indirect, incidental, or consequential damages. The Platform is provided "as is" without warranties of any kind beyond those required by law.

13. Termination

Kaulix may suspend or terminate your account at any time for fraudulent activity, non-compliance, suspicious behavior, or violation of these Terms. Outstanding loan obligations survive account termination.

14. Governing Law & Venue

These Terms are governed by the laws of the Republic of the Philippines. Disputes shall be filed exclusively in the proper courts of Cagayan de Oro City.