Terms and Conditions

Terms and conditions

The following terms and conditions provide important information about the services that Money ID Ltd (‘Money ID’) provide. Please read the following terms and conditions before you use the Money ID website.

If you use the Money ID website, you are:

If you do not agree to any of the terms and conditions, please do not use the Money ID service.

Who we are

Money ID are fully regulated and authorised with the Financial Conduct Authority and are not a lender but a credit broker which introduces borrowers to lenders for the purpose of entering into loan agreements. Money ID shows a range of products from a panel of lenders. Money ID Ltd does not cover the whole market meaning other products are available.

Our registered office is 177 Walkden Road, Worsley, M28 7QH. Our company number is 11725731.

Changes to terms and conditions

Money ID reserve the right to change or amend the terms and conditions from time to time. If you use the Money ID service after the date that they are posted, you will be agreeing to the new terms and conditions. The amendments will be effective from the day they are posted on our website.

What we do

Money ID is a credit broker and not a lender. We use technology to offer unsecured personal loan products from a panel of lenders and brokers to our customers. All of our lenders and brokers are fully authorised by the Financial Conduct Authority. Once a customer has input their details they will be presented with a list of pre-approved real rates form the panel of lenders within 2 minutes.

Money ID is a free to use service, but we may receive commissions from lenders for introductions.

Our limitations

Money ID is a broker and not a lender and therefore cannot finance the loan directly. When we give representative rates on our website this is just an example and is not stated to inform a customer what rates that they will receive. Please also be aware that any decisions are not made by Money ID and are made by the lender. Agreements for loans are between the lender and the customer and not Money ID.

Credit checks and references

Money ID uses software which will use credit reference agencies to determine how eligible for a loan the customer is. The credit reference agency will make an assessment on the customer to both determine how eligible the customer is for a loan and to verify the customers’ ID, therefore helping to prevent fraud. Customers must make sure that the information they provide is accurate. Any incorrect or misleading information will be regarded as a breach of our service and may result in criminal procedures.

Please read our partners terms of service for more information on how credit checks and references may be made here.  https://www.monevo.co.uk/terms-of-service

Customer information

Please ensure that when you are entering your information you present accurate information. We will process your information in accordance with a privacy policy. By using our website, you are consenting to us processing your information /data.

Financial information

Money ID is a credit broker and not a lender. Any information on the website is not intended to be financial advice. We present products but do not offer financial advice in relation to those products.   You must choose the product which best suits your individual circumstances. If you require financial advice, you should contact a registered and qualified independent financial advisor (IFA).

Communication

We will contact customers regarding our services via email or other means related to our products and services unless they have stated they do not wish to receive these.

Usage of our website

Money ID reserves the right to amend or remove the service that we provide without giving any prior notice to do so. Customers may access our website on a temporary basis and we cannot be held liable if our website is unavailable to access for any given period of time. The responsibility lies with our customers to ensure that all parties who have access to our website via their internet connection are fully aware and abide by our terms and conditions. In addition to this, you are solely responsible to ensure that you have internet access to our website. We may update and change the content on our website at any time, if we are updating our website, access may be suspended completely. As some of our material may require an update, there may be occasions where material is out of date, updating material is something we are not obliged to do.

Restricted access

Customers may have restricted access on our website from time to time. If Money ID send out usernames or identifiers to customers, they must make sure that these are kept private. If Money ID are made aware that this has been breached, we reserve the right to disable these usernames or identifiers.

Intellectual property rights

Money ID is the owner or the licensee of the intellectual property rights that are published on our website, these rights are protected by copyright laws and treaties around the world. All such rights are reserved

You are allowed to:

You are not allowed to:

If you breach any of the above, we may take away your right to use our website.

3rd party websites and links from our website

Using our service requires 3rd party links. If you click on a link to another website and leave our website, please make sure that you read their terms and conditions here.

Money ID will not be held responsible for them or any losses or damages that may arise form you using them. Money ID has no control over their content.

Liability

Any liability for any direct, indirect or consequential loss or damage incurred by any user in connection with our website or in connection with the use, inability to use, or result of the use of our website, any websites linked to it and any materials posted on it, including, without limitation any liability for loss of income or revenue, loss of business, loss of profits, or contracts, loss of anticipated savings, loss of data, loss of goodwill, wasted management or office time, and for any other loss or damage of any kind, however arising and whether caused by tort (including negligence) breach of contract or otherwise, even if foreseeable, provided that this condition shall not prevent claims for loss of or damage to your tangible property or any other claims for direct financial loss that are not excluded by any of the categories set out above. This does not affect our liability for death or personal injury arising from our negligence, or our liability for fraudulent misrepresentation or misrepresentation as to a fundamental matter, or any other liability which cannot be excluded or limited under applicable law.

Exclusions

The obligations and responsibilities of any breach of contract of or by us does not extend beyond the agreement with our customer and does not include any obligation to a counterparty, intermediary, bank or to any other third parties that maybe connected to the customer. The customer will take full responsibility for any loss and or damage incurred by the provision of incorrect information or misleading information to us by the customer. Should the above occur and a loss arise due to us then there will be no liability held against us if this is caused by something beyond our reasonable control, including changes in the law or regulations affecting our normal operations. Apart from provisions expressly covering associate companies, nothing in these terms is enforceable by anyone who is not a party to them.

Viruses, hacking and other offences

You must not misuse our website by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful. You must not attempt to gain unauthorised access to our website, the server on which our website is stored, or any server, computer or database connected to our website. You must not attack our website via a denial-of-service attack or a distributed denial-of service attack. By breaching this provision, you would commit a criminal offence under the Computer Misuse Act 1990. We will report any such breach to the relevant law enforcement authorities and we will co-operate with those authorities by disclosing your identity to them. In the event of such a breach, your right to use our website will cease immediately. We will not be liable for any loss or damage caused by a distributed denial-of-service attack, viruses or other technologically, harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of our website or to your downloading of any material posted on it, or on any website linked to it.

Laws applicable

Money IDs terms and conditions and customers use of our service including any complaints, disputes or claims will be governed in the exclusive jurisdiction of courts of England and wales and should be interpreted in the accordance of English Law. By using our service, you are agreeing to the above.

General 

These terms and conditions are in English and all communication between Money ID and the customer should be in English.

Complaints

Please visit our complaints page.