Terms of Service

1. Acceptance of Terms

By accessing and using Debt Planner ("Service"), you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.

2. Description of Service

2.1 What We Provide

• Debt Analysis Tools: Calculate debt payoff strategies using snowball, avalanche, and consolidation methods
• Financial Planning: Generate personalized debt elimination timelines and payment schedules
• Data Processing: Analyze uploaded bank statements and categorize transactions
• Educational Content: Provide general information about debt management strategies
• Progress Tracking: Monitor your debt reduction journey with interactive charts

2.2 What We Are NOT

3. Financial Disclaimers and Limitations

4. User Responsibilities and Conduct

4.1 Accurate Information

You agree to:

• Provide accurate, current, and complete financial information
• Update information as your financial situation changes
• Use the service for lawful purposes only
• Not attempt to circumvent our security measures
• Respect intellectual property rights

4.2 Prohibited Uses

You may NOT use our service to:

• Submit false, misleading, or fraudulent information
• Attempt to gain unauthorized access to other users' data
• Upload malicious code, viruses, or harmful content
• Use automated tools to scrape or harvest data
• Violate any applicable laws or regulations
• Impersonate others or create fake accounts

5. Data Security and Privacy

5.1 Your Data Protection

• Temporary Processing: Financial data is processed in memory and deleted after analysis
• Encryption: HTTPS encryption via Vercel platform
• Access Controls: Multi-factor authentication via Clerk
• No Permanent Storage: We don't store your bank statements or transaction details

5.2 Third-Party Services

We use the following third-party services:

• OpenAI: AI-powered transaction categorization
• Clerk: User authentication and account management
• Vercel: Secure hosting infrastructure

6. Intellectual Property

6.1 Our Rights

The Debt Planner service, including its algorithms, design, code, and content, is protected by intellectual property laws. You may not:

• Copy, modify, or distribute our proprietary algorithms
• Reverse engineer our software or systems
• Use our trademarks or branding without permission
• Create derivative works based on our service

6.2 Your Content

You retain ownership of the financial data you upload. By using our service, you grant us a limited license to process this data solely for providing our services.

7. Limitation of Liability

8. Indemnification

You agree to indemnify and hold harmless Debt Planner, its officers, directors, employees, and agents from any claims, damages, losses, or expenses (including reasonable attorneys' fees) arising from:

• Your use of the service
• Your violation of these terms
• Your financial decisions based on our tools
• Any false or misleading information you provide
• Your violation of any third party's rights

9. Regulatory Compliance

9.1 Financial Regulations

• We strive to comply with applicable data protection regulations
• We are not subject to banking regulations as we don't handle funds
• We aim to follow consumer protection guidelines for financial technology
• We implement industry-standard data security practices

9.2 Consumer Protection

While we provide educational tools, we encourage users to:

• Research and understand all debt management options
• Consult with certified financial planners or credit counselors
• Verify all calculations independently
• Consider the tax implications of debt strategies

10. Account Termination

10.1 Your Right to Terminate

You may terminate your account at any time by:

• Contacting our support team
• Requesting account deletion through Clerk's user management
• Ceasing to use the service

10.2 Our Right to Terminate

We may terminate or suspend your account for:

• Violation of these terms
• Fraudulent or illegal activity
• Abuse of our systems or resources
• Non-payment of fees (if applicable in the future)

11. Changes to Terms

We reserve the right to modify these terms at any time. We will notify users of material changes by:

• Email notification to registered users
• Prominent notice on our website
• In-app notification
• Updating the "Last Updated" date

Continued use of the service after changes constitutes acceptance of the new terms.

12. Governing Law and Disputes

12.1 Governing Law

These terms are governed by the laws of the United States, without regard to conflict of law principles.

12.2 Dispute Resolution

For disputes under $10,000, we encourage informal resolution. For larger disputes:

• Binding arbitration may be required
• Class action waivers may apply
• Disputes shall be resolved according to applicable law

13. Miscellaneous

13.1 Severability

If any provision of these terms is found to be unenforceable, the remaining provisions will remain in full force and effect.

13.2 Entire Agreement

These terms, together with our Privacy Policy, constitute the entire agreement between you and Debt Planner.

13.3 Assignment

You may not assign your rights under these terms. We may assign our rights to any affiliate or successor company.

14. Contact Information