Terms & Conditions
Last updated 19/09/2026.
1. Nature of this service
These terms govern your use of Guyana Loan Bank's website and account services. Product availability and final terms are confirmed during application review.
2. Eligibility
You must be at least 18 years old, provide complete and accurate information, and use an account and identity details that belong to you.
3. Applications and decisions
Submitting an application does not guarantee approval or create an entitlement to funds. The review team may request more information, approve an amount or decline the application.
4. Interest and fees
Interest is applied as a flat annual rate pro-rated over the loan term. A processing fee, expressed as a percentage of the approved amount, is deducted from the amount paid out after approval. No fee is ever payable in advance, and payment of any amount does not influence or guarantee approval.
5. Disbursement and withdrawals
An available balance exists only after approval. Withdrawals and transfers are blocked while an application is unapproved, and no withdrawal may exceed the available balance.
6. Repayment
On approval, a repayment schedule of monthly instalments is provided for the agreed term. You are responsible for payments by each stated due date.
7. Acceptable use
You must not attempt to gain unauthorised access to other accounts or to administrative functions, nor use the platform to store unlawful content.
8. Data
Information you provide is processed to operate your account, review applications and service loans. See the Privacy Policy for more detail.
9. Liability
Estimates shown before submission may change if an approved amount or product terms differ. Your final approved terms and repayment schedule govern your loan.
10. Changes
Loan limits, term, interest rate and fees are configurable and may change at any time without notice.