Post by mrclondon on Apr 3, 2018 11:14:44 GMT
There will likely be lots of changes in the new T&C's, but the new section on Confidentiality is note worthy
19. CONFIDENTIALITY
19.1 We offer anonymity to Lender Members. Borrowers are not provided with the name or identity of the Lender Members who have participated in Loans to them.
19.2 You acknowledge and agree that the identity of Borrowers on the platform is confidential and you may not (unless required by law) disclose the identity of any Borrower to anyone except your Independent Financial Advisor or legal advisors.
19.3 You agree not to make attempts to contact any Borrowers.
19.4 Nothing in this clause prevents the discussion of Borrowers and Loans on discussion forums, provided that the provisions of this clause are complied with. If you breach the provisions of this clause 19, you may become liable to us under clause 26.2.
19.1 We offer anonymity to Lender Members. Borrowers are not provided with the name or identity of the Lender Members who have participated in Loans to them.
19.2 You acknowledge and agree that the identity of Borrowers on the platform is confidential and you may not (unless required by law) disclose the identity of any Borrower to anyone except your Independent Financial Advisor or legal advisors.
19.3 You agree not to make attempts to contact any Borrowers.
19.4 Nothing in this clause prevents the discussion of Borrowers and Loans on discussion forums, provided that the provisions of this clause are complied with. If you breach the provisions of this clause 19, you may become liable to us under clause 26.2.
26. LIMITATION OF LIABILITY
26.1 Nothing in these Terms excludes or limits either our, or your, liability for fraud (including fraudulent misrepresentation or concealment), wilful default, negligence or any other liability which cannot be lawfully excluded or limited (including any liability with respect to death and personal injury resulting from our negligence, or that of our employees, agents or subcontractors).
Your liability to us
26.2 You will be liable to us for any foreseeable loss or damage suffered by us as a result of:
a) any breach by you of these Terms, any Loan Contract, or the Website Terms of Use;
b) your negligence or wilful default;
c) any fraudulent use by you of the MoneyThing Platform; and
d) any and all misuse of your username, password, the Website, the MoneyThing Platform or MoneyThing account.
26.3 You will not be liable to us for any loss or damage which is not foreseeable.
26.1 Nothing in these Terms excludes or limits either our, or your, liability for fraud (including fraudulent misrepresentation or concealment), wilful default, negligence or any other liability which cannot be lawfully excluded or limited (including any liability with respect to death and personal injury resulting from our negligence, or that of our employees, agents or subcontractors).
Your liability to us
26.2 You will be liable to us for any foreseeable loss or damage suffered by us as a result of:
a) any breach by you of these Terms, any Loan Contract, or the Website Terms of Use;
b) your negligence or wilful default;
c) any fraudulent use by you of the MoneyThing Platform; and
d) any and all misuse of your username, password, the Website, the MoneyThing Platform or MoneyThing account.
26.3 You will not be liable to us for any loss or damage which is not foreseeable.
For comparison the clauses relating to confidentiality on other platforms are summarised in this thread on the General Discussion board.
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