Future Finance Loan Corporation Limited Origination Discount Code Terms & Conditions

August 2019

Future Finance Loan Corporation Limited of 4th Floor, One Bedford Street, London, WC2E 9HG (“Future Finance” or “we”) is the promoter running this discount offer.

Future Finance will be issuing students with a discount code which will entitle the first 500 students who use the discount code in conjunction with a successful loan application to obtain a 10% discount off their loan origination charge if the discount is used on or before 31 December 2019 (“Discount”).

The origination charge is the amount Future Finance charges on a loan which reflects the costs incurred in setting up a loan account. It is either calculated on a fixed fee basis or as a percentage of the amount advanced under a loan agreement.

The Discount will be operated in accordance with these terms and conditions (the “Terms and Conditions”)

1. Eligibility and Entering

To be eligible to avail of the Discount, you must:

  • be 18 years or older;
  • be currently living in the UK;
  • not be an employee of Future Finance, a family member of an employee of Future Finance, an agent or any third party directly associated with Future Finance or with the administration of this Discount;
  • apply for a loan with Future Finance and be approved for such loan;
  • have received a discount code from Future Finance;
  • be one of the first 500 customers who avail of the Discount by quoting the code at the point of application for a Future Finance Loan before 31 December 2019; and
  • agree to these Terms and Conditions and the associated processing of your personal data (as detailed below).

2. Application of the Discount Code

Once a student receives a discount code from Future Finance and that student has satisfied the eligibility criteria (set out above), the student will be entitled to apply such discount code during the loan application process with Future Finance.

Once the discount code has been applied by the student and all of the eligibility criteria have been satisfied, Future Finance will reduce the origination charge that is payable on the relevant loan by 10%. The reduced origination fee will be reflected in the loan contract between Future Finance and the student. Each student may only use the discount code on one occasion in respect of a funded loan agreement. The discount code is not transferable or assignable and has no cash redemption value.

3. Further Conditions

(i) Right to modify, cancel, terminate or suspend

Future Finance reserves the right to modify, cancel, terminate or suspend the Discount in whole or in part, at its sole discretion, if it believes the Discount is not capable of being conducted as specified within these Terms and Conditions or in the event of a virus, a computer bug or unauthorised human intervention or any other cause that is beyond the reasonable control of Future Finance that could corrupt or affect the administration, security, impartiality or normal course of the Discount.

Any candidate who acts with regard to the Discount in a manner, which in Future Finance’s reasonable determination, is contrary to these Terms and Conditions or by its nature is unjust to other candidates (including without limitation tampering with the operation of the Discount, providing false or misleading information when applying the Discount, cheating, hacking, deception or any other unfair playing practices such as intending to annoy, abuse, threaten or harass any other entrants or Future Finance and/or any of its agents or representatives) may be rejected and excluded from using the Discount at Future Finance’s sole discretion.

Future Finance reserves the right to withdraw this offer or amend these Terms and Conditions at any time without notice.

(ii). Severability

If any provision of these Terms and Conditions (or part of any provision) is found by any court or other authority of competent jurisdiction to be invalid, illegal or unenforceable, that provision or part-provision shall, to the extent required, be deemed not to form part of these Terms and Conditions and the validity and enforceability of the other provisions of these Terms and Conditions shall not be affected.

(iii) Third parties

The Discount and these Terms and Conditions do not give rise to any rights under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of these Terms and Conditions.

(iv) Applicable law:

The Discount and these Terms and Conditions shall be governed by and construed in accordance with English law and the courts of England and Wales will have exclusive jurisdiction in relation to any disputes. Where applicable, to the fullest extent permitted by law, any such dispute must be brought individually (not as part of a class action), with recovery being limited to a claimant’s direct actual costs in relation to their participation in the Discount (if any) with all damages or other forms of recovery being expressly waived.

(v) Data Protection:

For full details of how we use your personal data, please see our Privacy Policy which is accessible here.