Terms & Conditions: Repayment Reward Programme February 2021

Terms and Conditions relating to Future Finance Loan Corporation Limited’s Repayment Reward Program of GiftPay Vouchers for completion of your first three full principal and interest loan repayments

February 2021

Future Finance Loan Corporation Limited of 4th Floor, One Bedford Street, London, WC2E 9HG (“Future Finance” or “we”) is the promoter running this reward program under which certain students, that receive this email from Future Finance, shall receive one £10, £20 and £30 GiftPay Vouchers upon successful completion of their first three full principal and interest loan repayments. Future Finance shall be offering 1,100 students that are existing customers of Future Finance and are due to enter into full principal and interest loan payments (“P&I Payment(s)”) between 1 February 2021 and 30 April 2021 the opportunity to participate in the following rewards program (“Repayments Reward Program”) and avail of:

●       one £10 GiftPay Voucher if they successfully complete their first full P&I Payment;

●       one £20 GiftPay Voucher if they successfully complete their second full P&I Payment; and

●       one £30 GiftPay Voucher if they successful complete their third full P&I Payment.

The Special Terms and Conditions and the General Terms and Conditions, collectively referred to as the “Terms and Conditions” must be adhered to in full by students that participate in the Repayments Rewards Program.

Special Terms and Conditions

1.     Eligibility Criteria

To be eligible to avail of the GiftPay Vouchers and participate in the Repayments Reward Program, you must:

●       have received an email invite directly from Future Finance to participate in the Repayments Reward Program;

●       be up to date on all of your student loan payments;

●       have successfully paid the relevant P&I Payment(s) in full by the dates set out in the email;

●       avail of the GiftPay Vouchers before no later than 28 days after the GiftPay Vouchers has been furnished via email;

●       only participate in the Repayments Reward Program once, regardless of whether or not you have more than one loan; and

●       meet the General Terms and Conditions.

  1. The GiftPay Vouchers

All students who meet the Eligibility Criteria (as set out above) and successfully complete their P&I Payment(s) as follows, shall receive:

●       one £10 GiftPay Voucher if they successfully complete their first full P&I Payment;

●       one £20 GiftPay Voucher if they successfully complete their second full P&I Payment; and

●       one £30 GiftPay Voucher if they successful complete their third full P&I Payment.

The GiftPay Vouchers shall be delivered electronically by email, no later than 14 days after the date upon which they make the relevant P&I Payment is made in accordance with the Repayments Reward Program invite email. The GiftPay Voucher will be emailed to the participants (“Participant”) via the email address that the invite was sent to and cannot be transferred or assigned.

The Participant is not entitled to any cash or other alternatives to the GiftPay Voucher. Future Finance reserves the right to replace the GiftPay Voucher with an alternative of equal or higher value if circumstances beyond Future Finance’s control make it necessary to do so.

General Terms and Conditions

  1. Eligibility and      Entering

To be eligible to be a Participant, you must:

●      be 18 years or older;

●      be currently living in the UK;

●      be a student currently enrolled in a UK University or Institution which was disclosed to Future Finance on your loan application form;

●      have a student loan with Future Finance;

●      have received an email from Future Finance asking you to participate in the Repayments Reward Program;

●      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 an GiftPay Voucher; and

●      agree / adhere to the Terms and Conditions and the associated processing of your personal data (as detailed below).

By making the relevant P&I Payments, you agree to be bound by the Terms and Conditions.

Future Finance accepts no responsibility for GiftPay Vouchers not being furnished due to a technical fault of any kind.

2. Further Conditions

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

Future Finance reserves the right to modify, cancel, terminate or suspend the Repayments Rewards Program, in whole or in part, at its sole discretion, if it believes the Repayments Rewards Program 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 Repayments Rewards Program .

Any Participant who acts with regard to the Repayments Rewards Program  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 Participants (including without limitation tampering with the operation of the Repayments Rewards Program, providing false or misleading information to Future Finance, cheating, hacking, deception or any other unfair practices including actions  to annoy, abuse, threaten or harass any other entrants or Future Finance and/or any of its agents or representatives) may be excluded from the Repayments Rewards Program 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 GiftPay Voucher(s) 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 Repayments Rewards Program 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 Free Draw (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. By making the P&I Payments and partaking in the Repayments Rewards Program we will process your personal data as explained in our Privacy Policy and summarised below.

We need to use your personal data (email address) to contact the Participants and send them the Vouchers. Should you not wish to be contacted by Future Finance on the Repayments Reward Program, you can opt out of marketing communications at any time and you will then not be eligible to enter the Repayments Rewards Program as we will be unable to contact you and send you the GiftPay Vouchers.