Terms of Use


By applying for the LoanBasket SA Convenient Service Package with complimentary loan seeking facility, you signify that you have read, understood and assent to these terms of use. If you do not agree to these terms of use, you may not use the LoanBasket SA website.

1.1 Terms and Conditions of Use:

Your (the applicant/clients’) use of the/this LoanBasket SA website is subject to the following terms and conditions that LoanBasket SA may revise at any time, with the revised terms taking effect as of the date of its posting and governing all subsequent visits to the/this LoanBasket SA website after such date. The website of LoanBasket SA (Proprietary) Limited, with registration no. 2017/301671/07 (hereinafter referred to as “LoanBasket SA, us, our, we”), a private company registered in the Republic of South Africa, with postal address, PO Box 569, KwaDukuza, 4450. You (the applicant/client) can contact LoanBasket SA regarding the LoanBasket SA website by email, at: info@loanbasket.co.za. LoanBasket SA provides the information contained on the LoanBasket SA website and the pages comprising the website, and advertises and offers the services advertised on the LoanBasket SA website from time to time (“service/s”) to users “you” (the applicant/client), subject to the Terms of Service, Terms of Use, Legal Disclaimer and Privacy Policy set out herein (“the terms”).Please read the LoanBasket SA website Terms of Service, together with our Terms of Use, Privacy Policy and Legal Disclaimer carefully, they will govern our relationship with you (the applicant/client in relation to your (the applicant/client) use of https://www.loanbasket.co.za or https://www.loanbasket.mobi (“the website”) and will constitute an ongoing digital legally binding and enforceable service mandate and agreement between LoanBasket SA and yourself (the applicant/client).

1.2 Use of Proprietary Information on this Website

1.2.1 No information or data constitutes an offer to do business.

1.2.2 Proprietary information on the LoanBasket SA website may be downloaded or printed for your (the applicant/clients’) own non-commercial, educational, private or domestic use only, provided you (the applicant/client) do not delete or change any copyright, trademark, or other proprietary notices, or distort or otherwise modify the proprietary information in a manner that may be prejudicial to LoanBasket SA.

1.2.3 All rights not expressly granted in terms of these terms of use are reserved. Any unauthorized use of LoanBasket SA’s proprietary information by you (the applicant/client) may violate copyright laws, trademark laws and other regulations and statutes and may result in legal action against you (the applicant/client).

1.3 Your Submissions or Communications and Privacy

1.3.1 Any communication or material you (the applicant/client) transmit to the LoanBasket SA website by electronic mail or otherwise, including, but not limited to, any data, questions or answers, comments, suggestions, or the like, will be treated as non-confidential and non-proprietary by LoanBasket SA.

1.3.2 LoanBasket SA analyses aggregate and non-personally identifiable data relating to the usage of the LoanBasket SA website. E-mail addresses and other personally identifying data about you (the applicant/client) are made known to LoanBasket SA when submitted to us via the LoanBasket SA website.

1.4 Trademark Notice

The trademarks that appear on the LoanBasket SA website (if any) are registered and unregistered trademarks of LoanBasket SA or its affiliates or are licensed to LoanBasket SA by third parties. Nothing contained on the LoanBasket SA website should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any trademark displayed on the LoanBasket SA website without the written permission of LoanBasket SA or third party who owns the trademark. Trademarks (including but not limited to LoanBasket SA and the Logo) that are used or displayed on the LoanBasket SA website is owned by LoanBasket SA or by third parties other than LoanBasket SA that offer and provide products and services on or through the LoanBasket SA website. The trademarks of LoanBasket SA may not be copied or used, in whole, partial or modified form, without the prior written permission of LoanBasket SA or, if applicable, its licensor. In addition, LoanBasket SA’s custom graphics, logos, button icons, scripts, and page headers are covered by trademark, trade dress, copyright or other proprietary right law, and may not be copied, imitated, or used, in whole, partial or modified form, without the prior written permission of LoanBasket SA. Other trademarks, service marks, registered trademarks, product and service names, and company names or logos that appear on the LoanBasket SA website are the property of their respective owners, who may or may not be affiliated with, connected to, or sponsored by LoanBasket SA. You the user (the applicant/client) may not use any metatags or any other “hidden text” utilizing a LoanBasket SA name, trademark, or product name without LoanBasket SA’s express written consent.

1.5 Copyright Notice

The LoanBasket SA website and its contents available on the LoanBasket SA website are protected by copyright laws and international copyright treaty provisions. This material and contents has been placed on the LoanBasket SA website under the authority of the copyright owner for the sole purpose of viewing of the materials and contents by users (South African Public/Residents) and/or the (applicant/client) of the LoanBasket SA website. Users (South African Public/Residents) and/or (the applicant/clients’) of LoanBasket SA are not authorized to download or transmit any of these materials or contents of the LoanBasket SA website electronically, or to otherwise copy, manipulate, modify, retransmit, reproduce, redistribute any of the materials or contents of the LoanBasket SA website in any form or by any means, electronic or mechanical, including data storage and retrieval systems, recording, printing or photocopying. Failure to comply could result in punitive legal action. © Copyright Protected, LoanBasket SA, 2015. ALL RIGHTS RESERVED.

1.6 Linking and Framing

1.6.1 On the website of LoanBasket SA you may be offered links to other sites operated by parties other than LoanBasket SA. The inclusion of any link to such websites does not imply endorsement by LoanBasket SA of the websites or the services or products offered on such websites. LoanBasket SA has not reviewed all of the websites linked to the LoanBasket SA website and is not responsible for the content or accuracy of any off-site pages or any other websites linked to the LoanBasket SA website. Your (the applicant/client) linking to any other off-site pages or other websites is strictly at your own risk.

1.6.2 You may not establish a link to the LoanBasket SA website from a third party website, unless: The link does not imply any association, endorsement or sponsorship by LoanBasket SA of such website or any products or services offered on such website. The link is to the LoanBasket SA website at: https://www.loanbasket.co.za or https://loanbasket.co.za or https://loanbasket.mobi The linked pages from the website are displayed without alteration of any kind; specifically, you (the applicant/client) may not cause a user’s (the applicant/clients’) web browser to display a “framed” version of the LoanBasket SA website in response to activating a link.

1.7 Limitation of Liability

1.7.1 The use of the LoanBasket SA website is strictly at the user’s (the applicant’s/client’s) OWN RISK.

1.7.2 Under no circumstances whatsoever shall LoanBasket SA be held liable for any loss arising out of, or in connection with, the use of information available from the LoanBasket SA website whether direct or indirect including, without limitation, any liability relating to any loss of use, interruption of business, lost profits or lost data, or incidental, special or consequential damages, due to circumstances beyond our reasonable control.

1.7.3 The information on the LoanBasket SA website is intended for general information purposes only and is not intended to serve as financial or other advice.

1.7.4 Whilst LoanBasket SA endeavors to ensure that the information on the LoanBasket SA website is accurate and complete, LoanBasket SA makes no warranties about the accuracy, reliability, completeness or timeliness of LoanBasket SA proprietary information, software text, graphics, and links, or about results to be obtained from using the LoanBasket SA website.

1.8 Enforceability

LoanBasket SA’s failure to exercise or enforce any right or provision of these terms of use (“Terms”) and access to the LoanBasket SA website shall not constitute a waiver of such right or provision. If any provision of these Terms shall be deemed unlawful, void, or for any reason unenforceable, then that provision shall be deemed severable from the Terms and shall not affect the validity and enforceability of any remaining provisions.

1.9 Jurisdiction

These terms, conditions and policies of LoanBasket SA shall be governed by, and construed in accordance with, the laws of the Republic of South Africa without giving effect to any principles of conflict of law. You (the applicant/client) hereby consent to the exclusive jurisdiction of the Courts of South Africa, or any other court that LoanBasket SA deems fit, in respect of any disputes arising in connection with your (the applicant/clients’) use of the LoanBasket SA website, or these terms, conditions and policies of LoanBasket SA and any matter related to, or in connection therewith.


No variation of, or addition to this Agreement shall be of any force or effect unless it is reduced to writing and signed by or on behalf of the Parties.


No relaxation, indulgence or concession granted by LoanBasket SA to you (applicant/client) in respect of any of your obligations herein shall constitute a novation of any part of the Agreement nor otherwise prejudice, derogate from, or affect, any rights which LoanBasket SA may have against you.