Terms and Conditions of the Debt-Free Life Campaign

  1. 1. General Information and Campaign

    1. 1.1. The Campaign "Debt-Free Life" (hereinafter the "Campaign") is organized by Bondora AS, registry code 11483929, located at A.H. Tammsaare tee 47, 11316 Tallinn (hereinafter "Bondora").
    2. 1.2. The following prizes (hereinafter the "Prize") will be drawn between the participants who meet these Terms and Conditions for Participating the Campaign (hereinafter the "Participant") within the framework of the Campaign:
      1. 1.2.1. EUR 500 per week (hereinafter the "Weekly Prize");
      2. 1.2.2. one Bondora loan per Participant will be repaid in full every month (hereinafter the "Monthly Prize");
      3. 1.2.3. one Bondora loan per Participant will be repaid in full, plus they will receive EUR 5,000 prize money (hereinafter the "Grand Prize").
    3. 1.3. If a Participant has several Bondora loans, and should the Participant win the Monthly or the Grand Prize, the Participant's Bondora loan with the largest principal balance at the time of the draw will be repaid in full as part of the Campaign.
    4. 1.4. The Campaign will run from 10/02/2021 to 10/05/2021 (hereinafter the "Campaign Period").
  2. 2. Terms and Conditions for Participating in the Campaign

    1. 2.1. The Campaign is open to natural persons who:
      1. 2.1.1. have received a personal invitation from Bondora to participate in the Campaign; and
      2. 2.1.2. have entered into a loan agreement with Bondora that is valid, has no outstanding debt, and has made at least three (3) repayments under the loan agreement; and
      3. 2.1.3. during the Campaign period has made scheduled repayments on time or before the due date under the active Loan Agreement(s) (i.e agreements that have not been fully repaid during the Campaign); and
      4. 2.1.4. have a valid Bondora account during the Campaign Period and at the time of the Prize draw.
    2. 2.2. Employees of Bondora (including Bondora Group of companies) or their family members may not participate in the Campaign.
  3. 3. Prize Draw

    1. 3.1. Bondora will randomly draw the winners (hereinafter the Winner) from among the Participants as follows:
      1. 3.1.1. The Weekly Prize will be drawn every Wednesday. The Prize money for the Weekly Prize will be added to the Winner's Bondora account;
      2. 3.1.2. the first Monthly Prize will be drawn on 10/03/2021; subsequent Monthly Prizes will be drawn no later than the 12th day of each month;
      3. 3.1.3. The Grand Prize will be drawn no later than 12/05/2021. The Prize money for the Grand Prize will be added to the Winner's Bondora account;
    2. 3.2. A Participant who makes more than one repayment on time or before the due date under the Loan Agreement during the Campaign Period, and meets the Campaign's other terms and conditions will also participate in all subsequent Prize draws.
    3. 3.3. Bondora will personally contact the Winner via their email address no later than seven (7) days after the Prize Draw.
    4. 3.4. The Prize money for the Weekly Prize and the Grand Prize will be credited to the Winner's Bondora account no later than seven (7) days after the Prize Draw.
    5. 3.5. One Bondora Loan of the Monthly Prize and Grand Prize Winner will be repaid (i.e., deemed repaid) no later than seven (7) days after the Prize Draw.
    6. 3.6. If the Winner has violated the terms and conditions of the Campaign, provided false information to Bondora, or the Winner does not otherwise comply with the Bondora Terms of Use, Bondora may decide to draw a new Winner. Bondora may also decide to draw a new Winner if the Winner cannot be reached within seven (7) days after the Prize draw. In such cases, Bondora will not be liable for the initial Winner's Prize draw or for not receiving the Prize.
  4. 4. Processing of Personal Data

    1. 4.1. The Participant acknowledges and agrees that by participating in the Campaign the personal data of the Participant will be processed in accordance with Bondora's Privacy Policy.
  5. 5. Miscellaneous

    1. 5.1. The procedure for conducting the Campaign is established in these Terms and Conditions, which are mandatory for all participants in the Campaign to follow.
    2. 5.2. Bondora has the right to amend the Terms and Conditions of the Campaign or to terminate the Campaign prematurely for a good reason. Bondora informs the public about the above-mentioned circumstances via the website www.bondora.ee / www.bondora.fi / www.bondora.es.
    3. 5.3. If there are questions related to the Campaign, including possible complaints, the Campaign participant may contact Bondora by using the contact details provided in Clause 1.1 of these Terms and Conditions or via Bondora's FAQ page.
    4. 5.4. All disputes arising from the Campaign will be resolved according to the Republic of Estonia's legislation in Harju County Court.

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