Terms and Conditions

Last Updated: 2024-09-07


Welcome to Prosper - Financial Planner app!

These Terms and Conditions ("Terms") govern your use of the Prosper - Financial Planner mobile application ("the App"). By downloading, accessing, or using the App, you agree to be bound by these Terms. If you do not agree to these Terms, please do not use the App.


1. General Use

Prosper - Financial Planner is a tool designed for conducting mathematical simulations in a financial context. The App allows users to input various financial parameters to generate visual representations of potential financial outcomes. The App is intended for educational and informational purposes only and should not be relied upon as financial advice.


2. No Financial Advice

The App is not intended to provide, and does not constitute, financial advice, investment advice, or any other kind of professional advice. The simulations generated by the App are based solely on the inputs provided by the user and are intended to be illustrative examples of potential outcomes. Users are advised to consult with a qualified financial advisor before making any financial decisions. Prosper - Financial Planner and its developers do not guarantee the accuracy, completeness, or usefulness of any information generated by the App.


3. Mathematical Errors and Biases

While the App strives to provide accurate simulations, there is a possibility that mathematical errors, computational biases, or other inaccuracies may occur. These could result from a variety of factors, including but not limited to incorrect assumptions, software bugs, or limitations in the App's algorithms. Prosper - Financial Planner and its developers are not responsible for any errors, omissions, or inaccuracies in the simulations.


4. Assumptions and Limitations

The simulations provided by the App are based on certain assumptions and limitations, which may not reflect real-world conditions. These assumptions may include, but are not limited to, static interest rates, fixed inflation rates, and other economic factors that can vary over time. The App does not account for unforeseen events, market volatility, or changes in user circumstances. Users should be aware that the outcomes generated by the App are hypothetical and may differ significantly from actual financial outcomes.


5. User Responsibilities

Users are responsible for providing accurate and complete information when using the App. The accuracy of the simulations depends on the quality of the data provided by the user. Users are also responsible for interpreting the results of the simulations and for making their own financial decisions based on those interpretations.


6. Limitation of Liability

To the fullest extent permitted by law, Prosper - Financial Planner, its developers, affiliates, and licensors shall not be liable for any direct, indirect, incidental, special, consequential, or exemplary damages, including but not limited to financial losses, arising out of or in connection with your use of the App.


7. Intellectual Property

All intellectual property rights in the App, including but not limited to software, text, graphics, logos, and designs, are owned by or licensed to Prosper - Financial Planner. You may not reproduce, distribute, or create derivative works from any part of the App without the prior written consent of Prosper - Financial Planner.


8. Privacy Policy

Your use of the App is also governed by our Privacy Policy, which can be accessed here.


9. Changes to These Terms

Prosper - Financial Planner reserves the right to update or modify these Terms at any time. Any changes will be effective immediately upon posting within the App. Your continued use of the App after any changes to these Terms constitutes your acceptance of the revised Terms.


10. Contact Information

If you have any questions or concerns about these Terms, please contact us at [email protected].

By using Prosper - Financial Planner, you acknowledge that you have read, understood, and agree to these Terms and Conditions.