MotherCredit® Terms of Use Agreement

Date Last Revised: September 10, 2020

Mother Finance Co., Ltd. maintains this site for information and communication purposes. This webpage and or mobile application contains the Terms of Use governing your access to and use of the Mother Finance Co., Ltd. (the “Website” or “App”). If you do not accept these Terms of Use or you do not meet or comply with their provisions, you may not use the Website and/or App. YOU AGREE THAT BY USING THE SERVICE YOU REPRESENT THAT YOU ARE AT LEAST 18 YEARS OLD AND THAT YOU ARE LEGALLY ABLE TO ENTER INTO THIS AGREEMENT.

A. TERMS APPLICABLE TO ALL USERS

OVERVIEW

By using the information, tools, features and functionality located on www.motherfinance.com.mm (together the “Service”), you agree to be bound by this Agreement, whether you are a “Visitor” (which means that you simply browse our Website) or you are a “User” (which means that you have registered with our App). The term “you” or “User” refers to a Visitor or a User. The term “we” refers to Mother Finance or MotherCredit®. If you wish to become a User, and make use of the Service, you must read this Agreement and indicate your acceptance during the Registration process.

If you accept this Agreement, you represent that you have the capacity to be bound by it or if you are acting on behalf of a company or entity that you have the authority to bind such entity. Before you continue, you should print or save a local copy of this Agreement for your records.

CHANGES TO TERMS

We may, at any time, for any reason and without notice, make changes to (i) this Website and/or App, including its look, feel, format, and content, as well as (ii) the products and/or services as described in this Website and/or App. Any modifications will take effect when posted to the Website and/or App. Therefore, each time you access the Website and/or App, you need to review the Terms of Use upon which access and use of this Website and/or App is conditioned. By your continuing use of the Website and/or App after changes are posted, you will be deemed to have accepted such changes.

DESCRIPTION OF MOTHERCREDIT® SERVICES

MotherCredit® provides personal alternative credit scoring service to help match prequalified loan options for the consumer, while tracking and collecting consumer information. Based on this alternative credit score, consumer is presented with a view of current status of his/her personal finance health, as well as, loan and financing recommendations personalized to consumers profile and preferences using our proprietary technology and analytics. The service is provided to everyone above 18 years of age for a fee and is meant as an aid to assist you with finding better financing options to manage your personal finances. It is not intended to provide, legal, tax or financial advice. MotherCredit® makes no representations regarding the frequency with which it updates data and may at its discretion temporarily stop or permanently discontinue updating data at any time. If you choose to participate in MotherCredit® alternative credit score check, you must at the time of signing up provide “Written Instructions” to authorize us to pull your data from your device through our Website and/or App. The terms you must agree to in order to provide such authorization will be displayed to you prior to you agreeing to sign up. You may withdraw your authorization and membership at any time in the manner specified in the MotherCredit® Terms of Use.

PRIVACY SURROUNDING YOUR PERSONAL INFORMATION

For information about our privacy policy and data security practices, please read our Privacy and Security Policy, which hereby is incorporated in this Agreement. The policy explains how MotherCredit® treats your personal information when you access the Service. The privacy policy can be updated from time to time. If updates are made, the changes will be affective upon posting the edited Privacy and Security Policy on our website and/or App.

JURISDICTION

The Website and/or App is directed to those individuals and entities located in the Republic of the Union of Myanmar. It is not directed to any person or entity in any jurisdiction where (by reason of nationality, residence, citizenship or otherwise) the publication or availability of the Website and/or App and its content, including its products and services, are unavailable or otherwise contrary to local laws or regulations. If this applies to you, you are not authorized to access or use any of the information on this Website and/or App. MotherCredit® makes no representation that the information, opinions, advice or other content on the Website and/or App (collectively, “Content”) is appropriate or that its products and services are available outside of the Republic of the Union of Myanmar. Those who choose to access this Website and/or App from other locations do so at their own risk and are responsible for compliance with applicable local laws.

COPYRIGHTS

The materials at this Website and/or App, as well as the organization and layout of this Website and/or App, are copyrighted and are protected by the Republic of the Union of Myanmar and international copyright laws and treaty provisions. You may access, download and print materials on this Website and/or App solely for your personal and non-commercial use; however, any print out of this Website and/or App, or portions of the Website and/or App, must include MotherCredit® copyright notice. No right, title or interest in any of the materials contained on this Website and/or App is transferred to you as a result of accessing, downloading or printing such materials. You may not copy, modify, distribute, transmit, display, reproduce, publish, license any part of this Website and/or App; create derivative works from, link to or frame in another website, use on any other website, transfer or sell any information obtained from this Website and/or App without the prior written permission of Mother Finance, Co., Ltd.

Except as expressly provided under the “Scope of Use” Section above, you may not use, reproduce, modify, transmit, distribute, or publicly display or operate this Website and/or App without the prior written permission of Mother Finance Co., Ltd. You may not use a part of this Website and/or App on any other Website, without Mother Finance Co., Ltd.’s prior written consent.

MotherCredit® respects the intellectual property rights of others and expects our users to do the same. The policy of Mother Finance Co., Ltd. is to terminate the accounts of repeat copyright offenders and other users who infringe upon the intellectual property rights of others. If you believe that your work has been copied in a way that constitutes copyright infringement, please contact us at bd@motherfinance.com.mm.

TRADEMARKS

MotherCredit® (including Mother Finance logo) and motherfinance.com.mm or all other related logos are trademarks of service marks of Mother Finance Co., Ltd. Other company product and service names and logos used and displayed on this Website and/or App may be trademarks or service marks owned by MotherCredit® or others. You may not use, copy, display, distribute, modify or reproduce any of the Mother Finance Trademarks found on the Website and/or App except in accordance with written authorization by us.

TERMINATION OF ACCOUNT

If you wish to terminate your account, you can contact us at bd@motherfinance.com.mm. We will retain and use your information as necessary to comply with our legal obligations, resolve disputes, and enforce our agreements. If you are using our mobile application and decide to delete the application from your device, your account will not be automatically terminated. You will still need to terminate your MotherCredit® account by contacting us at bd@motherfinance.com.mm.

LINKS

For your convenience, we may provide links to various other Websites that may be of interest to you and for your convenience only. However, MotherCredit® does not control or endorse such Websites and is not responsible for their content nor is it responsible for the accuracy or reliability of any information, data, opinions, advice, or statements contained within such Websites. Please read the terms and conditions or terms of use policies of any other company or website you may link to from our website. This Terms of Use policy applies only to Mother Finance Co., Ltd.’s website and the products and services Mother Finance Co., Ltd. offers. If you decide to access any of the third-party sites linked to this Website and/or App, you do so at your own risk. MotherCredit® reserves the right to terminate any link or linking program at any time. MotherCredit® disclaims all warranties, express and implied, as to the accuracy, validity, and legality or otherwise of any materials or information contained on such sites.

NO UNLAWFUL OR PROHIBITED USE

As a condition of your use of the Website, you warrant to MotherCredit® that you will not use the Website and/or App for any purpose that is unlawful or prohibited by these terms, conditions, and notices. You may not use the Website and/or App in any manner that could damage, disable, overburden, or impair the Website and/or App or interfere with any other party’s use and enjoyment of the Website and/or App. You may not obtain or attempt to obtain any materials or information through any means not intentionally made available or provided for through the Website and/or App.

NO WARRANTIES

THE WEBSITE AND/OR APP AND ANY CONTENT, ARE PROVIDED TO YOU ON AN “AS IS,” “AS AVAILABLE” BASIS WITHOUT WARRANTY OF ANY KIND WHETHER EXPRESS, STATUTORY OR IMPLIED, INCLUDING BUT NOT LIMITED TO ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, QUIET ENJOYMENT, SYSTEMS INTEGRATION, ACCURACY, AND NON-INFRINGEMENT, ALL OF WHICH Mother Finance Co., Ltd. EXPRESSLY DISCLAIMS. Mother Finance Co., Ltd. DOES NOT ENDORSE AND MAKES NO WARRANTY AS TO THE ACCURACY, COMPLETENESS, CURRENCY, OR RELIABILITY OF THE CONTENT, AND Mother Finance Co., Ltd. WILL NOT BE LIABLE OR OTHERWISE RESPONSIBLE FOR ANY FAILURE OR DELAY IN UPDATING THE WEBSITE AND/OR APP OR ANY CONTENT. WE HAVE NO DUTY TO UPDATE THE CONTENT OF THE WEBSITE. Mother Finance Co., Ltd. MAKES NO REPRESENTATIONS OR WARRANTIES THAT USE OF THE CONTENT WILL BE UNINTERRUPTED OR ERROR-FREE. YOU ARE RESPONSIBLE FOR ANY RESULTS OR OTHER CONSEQUENCES OF ACCESSING THE WEBSITE AND/OR APP AND USING THE CONTENT, AND FOR TAKING ALL NECESSARY PRECAUTIONS TO ENSURE THAT ANY CONTENT YOU MAY ACCESS, DOWNLOAD OR OTHERWISE OBTAIN IS FREE OF VIRUSES OR ANY OTHER HARMFUL COMPONENTS. THIS WARRANTY DISCLAIMER MAY BE DIFFERENT IN CONNECTION WITH SPECIFIC PRODUCTS AND SERVICES OFFERED BY Mother Finance Co., Ltd. YOU MAY ALSO HAVE OTHER LEGAL RIGHTS THAT VARY FROM JURISDICTION TO JURISDICTION.

GOVERNING LAW, LOCATION AND MISCELLANEOUS

These Terms of Use shall be governed in all respects by the laws of the Republic of the Union of Myanmar, without reference to its choice of law rules. If an applicable law is in conflict with any part of the Terms of Use, the Terms of Use will be deemed modified to conform to the law. The other provisions will not be affected by any such modification.

SEPARATE AGREEMENTS

You may have other agreements with Mother Finance Co., Ltd. Those agreements are separate and in addition to these Terms of Use. These Terms of Use do not modify, revise or amend the terms of any other agreements you may have with Mother Finance Co., Ltd.

You represent that you are a United States resident.

ALERT DISCLAIMER

You understand and agree that any alerts provided maybe delayed or prevented by many factors. MotherCredit® will do its best to provide alerts with utmost accuracy and in a timely fashion; however, we do not guarantee the delivery or accuracy of the content of our alerts. You also agree that MotherCredit® will not be liable for any inaccuracies or the delays in the alerts, nor will MotherCredit® be liable for any actions taken or not taken by you or a third party in reliance on MotherCredit® alerts.

USERS DISPUTES

You are solely responsible for your interactions with other users. MotherCredit® reserves the right, but has no obligation, to monitor disputes between you and other users.

USER SUBMISSIONS AND COMMUNICATIONS; PUBLIC AREAS:

You acknowledge that you own, are solely responsible or otherwise control all of the rights to the content that you post; that the content is accurate; that use of the content you supply does not violate these Terms of Use and will not cause injury to any person or entity; and that you will indemnify MotherCredit® or its affiliates for all claims resulting from content you supply.

If you make any submission to an area of the Website and/or App accessed or accessible by the public (“Public Area”) or if you submit any business information, idea, concept or invention to MotherCredit®, you automatically represent and warrant that the owner of such content or intellectual property has expressly granted Mother Finance Co., Ltd. a royalty-free, perpetual, irrevocable, world-wide nonexclusive license to use, reproduce, create derivative works from, modify, publish, edit, translate, distribute, perform, and display the communication or content in any media or medium, or any form, format, or forum now known or hereafter developed. Mother Finance Co., Ltd. may sublicense its rights through multiple tiers of sublicenses. If you wish to keep any business information, ideas, concepts or inventions private or proprietary, you must not submit them to the Public Areas or to MotherCredit®. We try to answer every feedback in a timely manner, but are not always able to do so.

Some of the forums (individual bulletin boards and posts on the social network, for instance) are not always moderated or reviewed. Accordingly, users will be held directly and solely responsible for the content of messages that are posted. Although it will not moderate the forums, the Website and/or App reviewer will periodically perform an administrative review for the purpose of deleting messages that are old, have received few responses, are off topic or irrelevant, serve as advertisements or seem otherwise inappropriate. Mother Finance Co., Ltd. has full discretion to delete messages.

Users are encouraged to first read the specific forum rules displayed in each discussion forum before participating in such forums.

MotherCredit® reserves the right (but is not obligated) to do any or all of the following:

  • Record the dialogue in public chat rooms. 

  • Examine an allegation that a communication(s) do(es) not conform to the terms of this section and determine in its sole discretion to remove or request the removal of the communication(s). 

  • Remove communications that are abusive, illegal, or disruptive, or that otherwise fail to comply with these Terms of Use. 

  • Terminate a user’s access to any or all Public Areas and/or the Mother Finance Co., Ltd. Website and/or App upon any breach of these Terms of Use. 

  • Monitor, edit, or disclose any communication in the Public Areas. 

  • Edit or delete any communication(s) posted on the Mother Finance Co., Ltd. Website and/or App, regardless of whether such communication(s) violate these standards. 

MotherCredit® reserves the right to take any action it deems necessary to protect the personal safety of our guests or the public. Credit Sesame, Inc. has no liability or responsibility to users of the Mother Finance Co., Ltd. Website or any other person or entity for performance or nonperformance of the aforementioned activities.

ARBITRATION

Except as regarding any action seeking equitable relief, including without limitation for the purpose of protecting any Mother Finance Co., Ltd. confidential information and/or intellectual property rights, any controversy or claim arising out of or relating to these Terms of Use or this Website and/or App shall be settled by binding arbitration in accordance with the commercial arbitration rules, in effect at the time the proceedings begin, of the Myanmar Arbitration Association. Any such controversy or claim shall be arbitrated on an individual basis and shall not be consolidated in any arbitration with any claim or controversy of any other party. The arbitration shall be held in the Republic of the Union of Myanmar.

All information relating to or disclosed by any party in connection with the arbitration of any disputes hereunder shall be treated by the parties, their representatives, and the arbitrator as proprietary business information. Such information shall not be disclosed by any party or their respective representatives without the prior written authorization of the party furnishing such information. Such information shall not be disclosed by the arbitrator without the prior written authorization of all parties. Each party shall bear the burden of its own counsel fees incurred in connection with any arbitration proceedings.

Judgment upon the award returned by the arbitrator may be entered in any court having jurisdiction over the parties or their assets or application of enforcement, as the case may be. Any award by the arbitrator shall be the sole and exclusive remedy of the parties. The parties hereby waive all rights to judicial review of the arbitrator’s decision and any award contained therein.

LIMITATION OF LIABILITY

YOUR USE OF THE CONTENT IS AT YOUR OWN RISK. Mother Finance Co., Ltd. SPECIFICALLY DISCLAIMS ANY LIABILITY, WHETHER BASED IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY OR OTHERWISE, FOR ANY DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, CONSEQUENTIAL, OR SPECIAL DAMAGES ARISING OUT OF OR IN ANY WAY CONNECTED WITH ACCESS TO, USE OF OR RELIANCE ON THE CONTENT (EVEN IF Mother Finance Co., Ltd. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES) OR THAT ARISE IN CONNECTION WITH MISTAKES OR OMISSIONS IN, OR DELAYS IN TRANSMISSION OF, INFORMATION TO OR FROM THE USER, ANY FAILURE OF PERFORMANCE, ERROR, OMISSION, INTERRUPTION, DELETION, DEFECT, DELAY IN OPERATION OR TRANSMISSION OR DELIVERY, COMPUTER VIRUS, COMMUNICATION LINE FAILURE, THEFT OR DESTRUCTION OR UNAUTHORIZED ACCESS TO, ALTERATION OF, OR USE OF RECORDS, PROGRAMS OR FILES, INTERRUPTIONS IN TELECOMMUNICATIONS CONNECTIONS TO THE WEBSITE AND/OR APP OR VIRUSES, WHETHER CAUSED IN WHOLE OR IN PART BY NEGLIGENCE, ACTS OF GOD, TELECOMMUNICATIONS FAILURE, THEFT OR DESTRUCTION OF, OR UNAUTHORIZED ACCESS TO THE WEBSITE OR THE CONTENT. THIS LIMITATION OF LIABILITY MAY BE DIFFERENT IN CONNECTION WITH SPECIFIC PRODUCTS AND SERVICES OFFERED BY Mother Finance Co., Ltd. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATION OF LIABILITY, SO THIS LIMITATION MAY NOT APPLY TO YOU.

INDEMNITY

You agree to defend, indemnify, and hold Mother Finance Co., Ltd., its officers, directors, employees, agents, licensors, and suppliers, harmless from and against any claims, actions or demands, liabilities and settlements including without limitation, reasonable legal and accounting fees, resulting from, or alleged to result from, your violation of these Terms of Use.

B. ADDITIONAL TERMS APPLICABLE ONLY TO REGISTERED USERS

ACCOUNTS AND SECURITY

Mother Finance Co., Ltd. does not warrant that the functions contained in the service provided by the Website and/or App will be uninterrupted or error-free, that defects will be corrected or that this service or the server that makes it available will be free of viruses or other harmful components.

As part of the registration process, each user will select a password (“Password”) and a phone number (“Login Number”). You shall provide Mother Finance Co., Ltd. with accurate, complete, and updated Account information. Failure to do so shall constitute a breach of this Terms of Use, which may result in immediate termination of your Account.

You shall notify Mother Finance Co., Ltd. of any known or suspected unauthorized use(s) of your Account, or any known or suspected breach of security, including loss, theft, or unauthorized disclosure of your password. You shall be responsible for maintaining the confidentiality of your password. Mother Finance Co., Ltd. shall not be liable for any loss that you incur as a result of someone else using your password, either with or without your knowledge.

Any fraudulent, abusive, or otherwise illegal activity may be grounds for termination of your Account, at Mother Finance Co., Ltd.’s sole discretion, and you may be reported to appropriate law-enforcement agencies.

C. ADDITIONAL TERMS APPLICABLE TO OPTIONAL PAID PRODUCTS AND/OR SERVICES

ou understand that by accepting these Terms and Conditions you are providing “written instructions” to Mother Finance Co., Ltd. its contracted data providers, agents, and its employees, agents, subsidiaries, affiliates, contractors, third party data sources and suppliers, and all other credit reporting agencies to verify your identity and to provide the Services and/or services to you. You agree and hereby authorize MotherCredit®, its contracted data providers, agents, and its Clients and employees, to provide your personally identifiable information (or, if applicable, information about your child you have enrolled) to third parties as provided in our Privacy Policy, as may be amended from time to time. You waive any and all claims against Mother Finance Co., Ltd. its contracted data providers, agents, and its Clients and employees for the acts or omissions of these third parties with regard to the use or disclosure of such information. You further authorize Mother Finance Co., Ltd., its contracted data providers and its agents and employees to obtain various information and reports about you (or about your child that you have enrolled, if applicable) in order to provide the Services and/or services, including, but not limited to, address history reports, name and alias reports, criminal reports or sex offender reports, and to provide monitoring and alerts.

While enrolling for the alternative credit scoring services and/or services, we will ask you for the following types of information: contact information (such as name, address, phone number, and e-mail address); sensitive information (such as date of birth, driver’s license number and social security number); personal information to verify your identity and financial information (such as credit card number). This information is required in order to verify your identity, charge you the agreed upon fees for our products and services, and to fulfill our obligation to provide our products and services to you, including communicating with third parties as necessary to provide such products and services, such as identification verification companies, consumer reporting agencies, credit bureaus, payment validation companies, law enforcement agencies, or others.

You agree that you will use the alternative credit scoring services and/or services to protect against or prevent actual fraud, unauthorized transactions, claims or other liabilities.

Payments: Alternative credit score check and/or other products and services require payment via a valid credit or debit card or digital wallets. By purchasing such products and services and providing payment information, you represent that you are authorized to utilize the payment method presented. Furthermore, you agree and authorize us to: (i) submit a transaction using the card information provided, (ii) in the case of automatic recurring transactions, submit a transaction on a monthly or annual basis for membership renewals, and if necessary (iii) obtain automatic updates for cards provided to us.

Other: Please note that you are responsible for any applicable transaction charges and taxes associated with your purchase unless noted otherwise.

Contact us: If you would like to request additional information regarding these Terms of Use, please contact us by e-mail bd@motherfinance.com.mm, or by regular mail at

Mother Finance Co., Ltd

5th Floor, No. 44-46

Street 2, Ward 1

Lanmadaw Township

Yangon 11131, Myanmar.