Terms of Service

1. Introduction

Welcome to LoanWise ("the App").

By accessing or using the App, you agree to be bound by these Terms of Use. Please read them carefully.

2. Purpose of the App

The App provides a tool for calculating monthly loan repayments. The calculations provided are based on general information entered by the user and are intended for informational and estimation purposes only.

The App does not constitute financial advice, mortgage advice, investment advice, legal advice, or any form of professional guidance. For personalized financial, mortgage, or legal advice, you should consult with a qualified professional advisor.

3. Disclaimer of Liability

• Use of the App is at your own risk.
• The App does not guarantee the accuracy, completeness, timeliness, or suitability of the calculated results for your specific needs.
• The App owners shall not be liable for any direct, indirect, incidental, consequential, or special damages resulting from the use of, or reliance on, the App or its calculations.

4. Data Collection and Privacy

• The App collects only anonymous usage data for statistical and analytical purposes, aimed at improving and enhancing the service.
• No personally identifiable information is collected or stored.
• No registration or user account is required to use the App.
• The collected data is not shared with third parties, except for internal analysis purposes.

5. Intellectual Property

• All intellectual property rights in the App, including its source code, design, content, algorithms, and any associated materials, are the exclusive property of the App owners.
• You may not copy, distribute, reproduce, sell, rent, sublicense, or otherwise use the App or its content for commercial purposes without prior written consent.

6. Changes to Terms

• The App owners reserve the right to modify or update these Terms of Use at any time. Any updated version will be posted within the App and will take effect immediately upon posting.

7. Governing Law and Jurisdiction

• These Terms of Use are governed exclusively by the laws of the State of Israel.
• Any dispute arising in connection with the App shall be subject to the exclusive jurisdiction of the competent courts in Tel Aviv, Israel.

8. General

By using the App, you confirm that you have read, understood, and agreed to these Terms of Use.