CREDIT AGREEMENT

This Credit Agreement is between:

Lender: Online Loans Pilipinas Financing, Inc.

Address: 601 Summit One Office Tower, 530 Shaw Boulevard, Barangay Highway Hills,
Mandaluyong City

-and-

Borrower: padua hesita Leonard

Address: 717 cluster 77 flexihomes rosarrosario pasig city, nCR - national Capital Region, nCR,
CITY oF MALABon
1. The Loan Purpose: The Loan shall only be used for legal and legitimate purposes.

2. Loan Amount: The Loan Amount shall be 1000.00 PHP.

3. Fees are enumerated in detail in the Disclosure form.

4. Loan Term: 10 days.

a. The Loan shall be payable as follows:

# Due Dates Amount Due Remaining Balance
1 02.18.2023 1000.00 0.00

b. In case of Prolongation Service, if applicable, the Loan Term shall be extended for a
period of 14 calendar days starting from the Due Date subject of prolongation. A Prolongation Fee
will also be charged for every availment of the service which is to be paid on the new Due Date.
This service may be availed of before or 14 days after Due Date.

c. The Borrower shall be required to pay a Prolongation Fee equivalent to 28% and pay a
minimum of 40% of the Loan Amount to avail of the Prolongation Service unless a different
amount is imposed by the Lender.

d. If the Loan is not Paid on or before the Due Date or Prolongation was not availed, Service
Fee will be imposed. Refer to Credit Agreement for details.

5. Service Fee: Service fee is not applicable.

6. Event of Default:

a. Subject to the Credit Terms, each of the events or circumstances set out in the following
shall be an Event of Default:
i. The Borrower does not comply with any provision of this Credit Agreement, and
or any Transaction Documents, including any failure to pay when due any
principal, interest, fee or any other amount payable pursuant to this Credit
Agreement.
ii. Any representation or statement made or deemed to be made by the Borrower in
this Credit Agreement, and or any Transaction Documents is incorrect or
misleading in any material respect.
iii. The Borrower is dead or becomes incapacitated.
iv. Any event or series of events occurs which, in the opinion of the Lender, is likely
to have a material adverse effect on the Borrower's financial conditions.
v. Any changes in the laws of Philippines which impact on the Lender’s
 consideration to continue with the Loan.

b. On and at any time after the occurrence of an Event of Default, the Lender is entitled
to:
i. Declare all or part of the outstanding amount or Borrower’s Dues under the
Loan, together with accrued interest, and all other amounts to be immediately
due and payable.
ii. Terminate all obligations of the Lender under this Credit Agreement, and
other Transaction Documents.
iii. Exercise all of its rights and remedies under this Credit Agreement and
related laws.

7. Waiver:

The delay or failure of the Lender to exercise of any of its rights in this Credit Agreement or
any Transaction Documents shall not be construed or deemed as a waiver of the Lender to such
rights.

8. Credit Terms and Conditions:

The Borrower has read, understood and agreed to comply with the provisions of the Credit
Terms and Conditions, which the Borrower acknowledges are available for reading or
downloading at the Lender website: https://online-loans.ph/. The Provisions of the Credit
Terms and Conditions are incorporated herein by reference.

9. Signing of this Agreement:

Electronic Signature of the Borrower refers to any distinctive mark, representing the identity
of the Borrower and attached to or logically associated with the electronic data message or
electronic document or any methodology or procedures employed or adopted by Borrower and
Lender and executed or adopted by such Borrower with the intention of authenticating or
approving an electronic data message or electronic document, pursuant to the Electronic
Commerce Act of 2000.

For this purpose, this Agreement and/or the Loan Application shall be signed by providing in
the Online Loan Application the Borrowers mobile number and the OTP (One-Time Password)
sent to the Borrower’s mobile number.

Signed by: padua hesita Leonard

Mobile phone: +639669268852
One Time Password (OTP): 7662