Terms of Service & Financing Agreement

All smartphones financed through Goodies SmartPay remain the legal property of Goodies SmartPay until the borrower completes 100% of the total loan contract value, including all principal amounts, administrative setup fees, and accrued interest. Full legal title and ownership rights are transferred to the customer only upon issuance of an official Completion Certificate.

By accepting device delivery, the borrower explicitly consents to the installation and active background operation of the Scalefusion Mobile Device Management (MDM) software. In the event that an installment repayment exceeds the 3-day grace period, Goodies SmartPay's automated system will immediately place the smartphone into a restricted lock mode.

A minimum 30% down payment deposit is mandatory prior to device pickup or field agent delivery. Repayments may be structured as Daily, Weekly, or Monthly installments based on the agreed financing package. Automated debit mandates via Paystack or direct bank transfers must be authorized during onboarding.

Each borrower must register one or more verified Guarantors. In the event of borrower default, loss of contact, or device tampering, the Guarantor assumes joint financial liability to settle the outstanding balance or assist field recovery agents in retrieving the device.