Terms of Service

Last Updated: November 3, 2025

Agreement to Terms

By accessing and using LoanSmart, you agree to be bound by these Terms of Service. If you do not agree to these terms, please do not use our service.

Description of Service

LoanSmart provides free online calculators and tools for analyzing loan refinancing options, comparing loan offers, and evaluating debt consolidation strategies. All calculations are performed in your browser using the information you provide.

Educational Purpose Only

Important: LoanSmart is an educational tool designed to help you understand your loan options. It is NOT:

  • Financial advice or professional consultation
  • A recommendation to refinance or consolidate debt
  • A guarantee of savings or specific outcomes
  • A substitute for professional financial planning

No Warranties

LoanSmart is provided "as is" without any warranties, express or implied. We make no guarantees about:

  • The accuracy of calculations (though we strive for precision)
  • The suitability of results for your specific situation
  • The availability or reliability of the service

Disclaimer of Liability

You acknowledge that:

  • You are solely responsible for financial decisions you make
  • We are not liable for any losses or damages resulting from your use of LoanSmart
  • You should verify all calculations and consult with financial professionals before making major financial decisions
  • Actual loan terms and savings may differ from calculations

User Responsibilities

When using LoanSmart, you agree to:

  • Provide accurate information for calculations
  • Use the service lawfully and ethically
  • Not attempt to reverse engineer or exploit the service
  • Verify results with lenders and financial advisors

Data and Privacy

All data you enter stays in your browser. We do not collect, store, or transmit your loan details to our servers. Please see our Privacy Policy for more details.

Intellectual Property

The LoanSmart service, including its design, code, and content, is protected by intellectual property rights. You may use the service for personal, non-commercial purposes only.

Changes to Service

We reserve the right to modify, suspend, or discontinue any part of LoanSmart at any time without notice.

Changes to Terms

We may update these Terms of Service from time to time. Continued use of LoanSmart after changes constitutes acceptance of the new terms.

Governing Law

These terms shall be governed by and construed in accordance with applicable laws.

Contact

For questions about these Terms of Service, please refer to our Privacy Policy page.