Terms & Conditions


These Terms of Service describe a contractual relationship ("Agreement") between you ("you" or "your") and Nowlater (including its subsidiaries, affiliates, agents, and assigns) ("Nowlater," "we," "us," "our"), regarding your use of this website ("Website"), your use of the "Nowlater" service as described below, your use of any other service(s) offered through the Website, and your access to your Nowlater account information and service through the Website (collectively, the "Nowlater Service(s)" or "Service(s)").

Nowlater maintains this website (the “Website”) to provide you with information about products and services available through us, and information about Nowlater. Please read these Terms and Conditions carefully before accessing or using this Website.

By accessing or using the Website, you agree to these Terms and Conditions. Nowlater reserves the right to change, modify, add or remove portions of the terms at any time. Please check these terms periodically for changes.

If you do not agree with these Terms, please do not access the Nowlater Website or use the Nowlater Service. If you have any questions about this Agreement, please contact us via email at hello@nowlater.co.

How Nowlater will serve you

Description: "Nowlater" is an open-ended installment loan product with standard terms of 3, 6, or 12 months (other terms may be available at select merchants) offered by CBN regulated money lenders (Lending Partners) through Nowlater's technology platform. Loan term options may vary based on purchase price and merchant. Buying with Nowlater allows you to buy goods or services offered by merchants ("Merchants") for personal use at some of the most competitive terms available for your specific credit profile. If you agree to use Nowlater, a Lending Partner will pay the Merchant on your behalf in exchange for your promise to repay the same amount plus a finance charge as determined by your creditworthiness.

Your Promise to Pay: Before completing any transaction on your behalf through any Nowlater Services, Nowlater will secure your promise to pay by disclosing the terms and conditions applicable to that transaction and securing your affirmative consent to those terms for that transaction, including your promise to pay the Total Payments amount to the Lending Partner, Nowlater or its assigns, by asking you to click the button to confirm your loan.

Finance Charge: The Nowlater service is subject to a finance charge based on the applicable interest rate determined by your creditworthiness. Nowlater will always disclose the specific finance charge before you agree to any loan.

Delays in Processing: In some cases when you attempt to use Nowlater to make a purchase, the transaction may be held as pending or be otherwise delayed for processing and confirmation by either Nowlater or the merchant and can be cancelled at any time until it is confirmed by Nowlater.

Collecting Information About You: By using the Nowlater Services, you authorize Nowlater, directly or through third parties, to make any inquiries we consider necessary to validate your identity and to collect information about you in accordance with Know Your Customer rules and our Privacy Policy. This may include asking you for further information that will allow us to reasonably identify you, requiring you to take steps to confirm ownership of your email address or financial instruments, or verifying your information against third party databases or through other sources. We may also ask you for identifying documents to help us validate your identity. Nowlater reserves the right to close, suspend, or limit access to your account and/or the Services in the event we are unable to obtain or verify this information.

Credit Report Authorization and Reporting: You expressly authorize our Lending Partners and Nowlater to obtain consumer reports from consumer reporting agencies about you (1) when you apply for a loan, (2) periodically throughout the term of your loan (including in the month following the month when you pay off or otherwise satisfy the loan) and (3) periodically in connection with any other services you may obtain from us (including services involving financial management or credit profile tools we may offer). You expressly authorize us to use the information that we obtain from such reports to, among other things, market refinancings and Nowlater's current and future products and services to you (both during and after the term of your loan and the term of any other services you may obtain from us), provide you with other services (including financial management tools and credit profile tools) you may request, make decisions related to the servicing and collection of your account, measure how the loan you obtained from us impacts your credit, perform other statistical analysis, and share information with you about your credit profile.

You understand that Nowlater may report information about your loan (such as on-time, late, and missed payments; any defaults; and the fact you paid off your loan) to credit reporting agencies.

Your use of Nowlater

Agreement to Provide Accurate Information. When you provide information to Nowlater or in connection with the Nowlater Services, you agree to provide only true, accurate, current and complete information about yourself and you agree not to misrepresent your identity or your account information. You further agree to keep your account information up to date and accurate.

Access to Your Account. You are responsible for maintaining the secrecy of the login credentials to your Nowlater account. You agree to establish reasonable security procedures and controls to limit access to your password or other identifying information to authorized individuals, which includes choosing passwords and other credentials in a manner that will protect the security of your information. Your credentials include your username and password to your Nowlater account and to any third party account you have used to login to your Nowlater account. You are also responsible for maintaining the accuracy of the information in your Nowlater account.

Disputes with Nowlater

If a dispute arises between you and Nowlater, our goal is to provide you with a neutral and cost-effective means of resolving the dispute quickly. In the event of a dispute we encourage you first to contact Nowlater at hello@nowlater.co to try resolving your problem directly with us.

No Warranty

We created this Website for the convenience of our Internet visitors. The information (including text, graphics and functionality) is presented “as is” and “as available” without express or implied warranties including, but not limited to, implied warranties of non-infringement, merchantability and fitness for a particular purpose. We expressly disclaim any liability for errors and omissions regarding the information and materials contained in the Website. Due to the nature of the Internet, we cannot guarantee the accuracy or completeness of the information contained in this Website or its suitability for any purpose.


Due to the marked increase in the fabrication and proliferation of computer viruses affecting the Internet, we want to warn you about infections or viral contamination on your system. It is your responsibility to scan any and all downloaded materials received from the Internet. We are not responsible or liable for any damage caused by such hazards.

Limitation of Liability

In no event will Nowlater or its subsidiaries, affiliates or employees be liable for any damages, including without limitation direct or indirect, special, incidental, consequential or punitive damages, losses or expenses arising in connection with this site or use thereof or inability to use by any party or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, loss of data, even if Nowlater is aware of the possibility of such damages, losses or expenses. Any links to other internet sites or resources are at the user’s sole risk. Nowlater makes no representations, warranties (express or implied), or endorsements with respect to websites operated by third parties as they are not investigated, verified or monitored by Nowlater. You specifically acknowledge and agree that Nowlater is not liable for any defamatory, offensive, fraudulent, or otherwise illegal conduct of any user.


You agree to indemnify and hold Nowlater, its subsidiaries or affiliates, its Lending Partners and their respective directors, officers, employees, and agents, harmless against any and all liabilities, claims and expenses, including reasonable attorneys’ fees, arising from breach of these Terms and Conditions, any other related policy, your use or access of the Website or any Internet site linked to or from the Website, or in connection with the transmission of any content on the Website.

Authorized Use

The information provided on this Website is solely for the personal use of Website users. You are authorized to view and copy the information available on this Website for personal purposes only, provided that any copies include any trademark notices as they may appear on those pages copied. Except for the personal use of Website users, you may not copy, reproduce, modify, display, distribute, perform, disseminate, transmit, transfer, sell, license, publish, use to create a derivative work, or use for any public or commercial purposes any of the contents of this Website without the express prior written consent of Nowlater. You agree to access and use the Website only for lawful purposes.

Links to this Website

Links to this Website should not be established without the express prior written consent of Nowlater.

Copyrights and Trade Marks

All content, design, graphics, compilation, magnetic translation, digital conversion and other matters to the Services are protected under applicable copyrights, trademarks and other proprietary rights (including but not limited to intellectual property rights) and owned by Nowlater or one of its affiliates unless otherwise indicated and may not be distributed, modified, reproduced in whole or in part without the prior written permission of Nowlater. The display of trademarks herein does not imply that a license of any kind has been granted. Any downloading, re-transmission, or other copying or modification of the trademarks and/or the contents herein may be a violation of applicable laws and regulations and could subject the copier to legal action. The trademarks and logos (collectively the “Trade Marks”) displayed on this site, unless otherwise indicated, are registered and unregistered trademarks of Nowlater and its subsidiaries and affiliates. Nowlater and its trademarks may only be used publicly with the permission of Nowlater and with proper acknowledgement. The copying, redistribution, use or publication by you of any part of the Services, unless expressly permitted in this Agreement, is strictly prohibited and may constitute copyright infringement or passing off in violation of applicable laws. Use of the Services does not give you ownership of any intellectual property rights in any of the content, documents or other materials you access. The posting of information or materials on the Services does not constitute a waiver of any right in such information and materials.


We welcome your email correspondence. But Internet and email communications are not confidential. It is possible that information transmitted to us may be read or obtained by other parties. In an attempt to protect your privacy, our email responses do not include personal account information such as your BVN or bank account numbers. Email is an important communication channel for our Website’s visitors. We will use your email address and the content of any email for correspondence purposes and to meet our legal and regulatory requirements regarding customer communications. On occasion, we may use your email address to send you communications with information about service and product information that we believe may be of interest to you. If you do not want to receive such unsolicited communications from us, please send us a message to this effect.

Governing Law

You agree that the use of this site shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria.