Legal Agreement

Terms of Service

Read these terms carefully before using our platform. By using Zorava, you agree to be bound by these terms.

Last Updated: January 20, 2025

Effective: February 1, 2025

Key Terms at a Glance

Employment verification, tier-based lending, multi-currency support with automated repayments

Eligibility

You must be 18+ with verified employment and work ID renewal

Account Security

You are responsible for maintaining account security

Financial Terms

Tier-based limits across 19 currencies with automated deduction

Dispute Resolution

Binding arbitration for dispute resolution

1. Employment Verification Requirements

Zorava's platform is built on employment verification as the foundation of our lending model. All borrowers must maintain verified employment status throughout their engagement with our platform.

Monthly Work ID Renewal

All borrowers must upload current work identification monthly to maintain verified status. Failure to renew will result in temporary suspension of borrowing privileges.

• Work ID must be current and clearly display employment information
• Monthly renewal deadline is the same date each month as initial verification
• Employment changes must be reported immediately
• Verification confirms ongoing salary deduction authorization

Automated Salary Deduction Authorization

By using our platform, borrowers authorize automated salary deduction for loan repayments. This authorization is validated monthly through work ID verification and integrated payroll systems.

2. Tier-Based Lending System

Zorava operates a 6-tier progression system (Bronze, Silver, Gold, Platinum, Diamond, Elite) that determines loan limits, interest rates, and platform benefits based on lending performance.

Tier Progression

• Bronze: Starting tier with basic loan limits
• Silver-Gold: Increased limits with improved rates
• Platinum-Diamond: Premium benefits and higher limits
• Elite: Maximum loan limits and preferential rates

Multi-Currency Support

• 19 supported currencies with real-time conversion
• Tier limits apply across all currencies
• Wise card integration for international transfers
• Automatic currency conversion at market rates

3. Acceptance of Terms

By accessing or using the Zorava platform, you agree to be bound by these Terms of Service and all applicable laws and regulations. If you do not agree with any part of these terms, you may not use our services.

These terms constitute a legally binding agreement between you and Zorava Inc. ("Zorava," "we," "us," or "our"). You represent that you have the legal authority to enter into this agreement.

Important Note

By creating an account or using our platform, you acknowledge that you have read, understood, and agree to these terms and our Privacy Policy.

4. Eligibility Requirements

To use Zorava's services, you must meet the following requirements:

General Requirements

Be at least 18 years old

Have legal capacity to enter contracts

Provide accurate personal information

Complete identity verification process

Additional Requirements

Valid employment verification with monthly work ID renewal

Reside in a supported country

Not be subject to sanctions or restrictions

Agree to ongoing verification requirements

5. Platform Services

Zorava provides an employment-verified P2P lending platform with 6-tier progression system (Bronze to Elite), multi-currency support across 19 currencies, and automated salary deduction repayments. Our services include:

For Borrowers

6-tier progression system with increasing loan limits (Bronze to Elite)

Multi-currency loans across 19 currencies with real-time conversion

Automated salary deduction repayments with integrated payroll systems

24-hour approval process based on employment verification

Wise card integration for multi-currency payments and transfers

For Lenders

Access to employment-verified borrowers with work ID validation

Risk assessment based on employment status and tier progression

Multi-currency lending portfolios across 19 supported currencies

Automated collection via salary deduction systems

Returns tracking and tax reporting assistance

6. User Obligations

Lender Obligations

Conduct your own due diligence before lending

Understand that all loans carry risk of default

Comply with tax reporting requirements in your jurisdiction

Not exceed your personal risk tolerance

Report any suspicious activity to our platform

Borrower Obligations

Provide accurate employment information and maintain work ID verification

Complete monthly work ID renewal to maintain borrowing eligibility

Use loan funds only for stated purposes

Enable automated salary deduction for seamless repayments

Notify us immediately of any changes to your employment status

Maintain adequate communication throughout the loan term

7. Prohibited Activities

Strictly Prohibited

The following activities are strictly prohibited and may result in immediate account termination.

Using the platform for illegal activities or money laundering

Providing false information during registration or verification

Attempting to circumvent our security measures or risk assessments

Using automated systems to access or interact with our platform

Creating multiple accounts or impersonating other users

Engaging in market manipulation or coordinated lending activities

Violating any applicable laws or regulations in your jurisdiction

Harassing, threatening, or abusing other users or our staff

Contact Information

General Inquiries

hello@zorava.com

+1 (555) 123-4567

Mon-Fri, 9 AM - 6 PM EST

Mailing Address

Zorava Inc.

Legal Department

123 Financial Street, Suite 100

New York, NY 10001

United States

Questions About These Terms?

Our legal team is available to help clarify any questions about our terms of service.

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