Terms of Service

Effective Date: January 1, 2026 | Last Updated: March 9, 2026

        IMPORTANT: By submitting a credit application through this platform, you agree to these Terms of Service. Please read them carefully before proceeding.
    

1. Acceptance of Terms

By accessing or using the 56 South Financing credit application platform ("Service"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, do not use the Service.

2. Description of Service

56 South Financing provides an online platform for submitting credit applications to participating creditors. We facilitate the application process but are not the lender. Credit decisions are made by the participating creditor organization.

3. Eligibility

You must be at least 18 years of age
You must be a legal resident of the United States
You must provide accurate and truthful information
You must have a valid Social Security Number

4. Credit Authorization (FCRA)

By submitting a credit application, you authorize 56 South Financing and its affiliated creditors to:

Obtain consumer credit reports from one or more consumer reporting agencies
Verify all information provided in your application, including employment and income
Share your application information with the participating creditor organization

This authorization is governed by the Fair Credit Reporting Act (FCRA), 15 U.S.C. §1681 et seq.

5. Your Rights Under ECOA

Under the Equal Credit Opportunity Act (ECOA), 15 U.S.C. §1691 et seq.:

You have the right to be evaluated without discrimination based on race, color, religion, national origin, sex, marital status, age, receipt of public assistance, or exercise of consumer rights
If your application is denied, you will receive a written adverse action notice containing the specific reasons for denial
You have the right to request the specific reasons for denial within 60 days of receiving an adverse action notice
You may file complaints with the Consumer Financial Protection Bureau (CFPB)

6. Electronic Signatures and Communications (E-SIGN Act)

By using this Service, you consent to conduct transactions electronically under the Electronic Signatures in Global and National Commerce Act (E-SIGN Act), 15 U.S.C. §7001.

Hardware and Software Requirements:

A computer or mobile device with internet access
A modern web browser (Chrome, Firefox, Safari, Edge - current or prior version)
An email account capable of receiving HTML emails
Ability to download and view PDF documents

Withdrawal of Consent:

You may withdraw your consent to electronic communications at any time by contacting privacy@56southfinancing.com. Withdrawal of consent may prevent us from processing your application. Withdrawal does not affect the legal validity of electronic records provided before withdrawal.

7. Accuracy of Information

You certify that all information provided in your credit application is true, accurate, and complete. Providing false or misleading information may result in:

Denial of your credit application
Revocation of any credit that may have been extended
Possible criminal prosecution for fraud

8. Privacy and Data Protection

Your personal information is handled in accordance with our Privacy Policy and GLBA Privacy Notice. By using the Service, you acknowledge that you have read and understood these documents.

9. Limitation of Liability

To the maximum extent permitted by law, 56 South Financing's total liability for any claims arising from your use of the Service shall not exceed $100. We are not liable for:

Credit decisions made by participating creditors
Indirect, incidental, special, or consequential damages
Service interruptions or technical failures beyond our control
Actions of third-party consumer reporting agencies

10. Indemnification

You agree to indemnify and hold harmless 56 South Financing, its officers, directors, employees, and agents from any claims, damages, or expenses arising from your provision of false information, violation of these Terms, or misuse of the Service.

11. Arbitration Agreement

PLEASE READ CAREFULLY. THIS AFFECTS YOUR LEGAL RIGHTS.

Any dispute arising from or relating to these Terms or the Service shall be resolved through binding arbitration administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules, rather than in court.

Class Action Waiver:

You agree that any arbitration shall be conducted on an individual basis only and not as a class action, consolidated action, or representative action. You waive the right to participate in a class action lawsuit or class-wide arbitration.

Opt-Out:

You may opt out of this arbitration agreement within 30 days of first using the Service by sending written notice to legal@56southfinancing.com.

12. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of Ohio, without regard to conflict of law principles. Federal law, including the FCRA and ECOA, shall apply where applicable.

13. Severability

If any provision of these Terms is found to be unenforceable, the remaining provisions shall continue in full force and effect.

14. Modifications

We reserve the right to modify these Terms at any time. Material changes will be posted on this page with an updated effective date. Your continued use of the Service after changes constitutes acceptance of the modified Terms.

15. Contact Us

For questions about these Terms:

Email: legal@56southfinancing.com
Website: 56southfinancing.com