Terms of Service

Effective Date: January 26, 2025

Agreement to Terms

By accessing or using CommonCents ("the Service"), you agree to be bound by these Terms of Service ("Terms"). If you disagree with any part of these terms, then you may not access the Service.

1. Description of Service

CommonCents is a household financial management platform that allows families to:

  • Track household income and expenses
  • Create and manage budgets
  • Set up bill reminders and recurring payments
  • Collaborate with household members on financial decisions
  • Store and manage financial information securely
  • Generate financial reports and analytics

2. User Accounts

Account Creation

To use CommonCents, you must create an account. You agree to provide accurate, current, and complete information during registration and to update such information to keep it accurate, current, and complete.

Account Security

You are responsible for safeguarding the password and for all activities that occur under your account. You must notify us immediately of any unauthorized use of your account.

Household Members

As a household owner, you may invite other members to join your household. You are responsible for the actions of all members you invite to your household.

3. Acceptable Use

You agree to use CommonCents only for lawful purposes and in accordance with these Terms. You agree not to use the Service:

  • In any way that violates any applicable federal, state, local, or international law
  • To transmit any unauthorized advertising or promotional material
  • To impersonate or attempt to impersonate another user or person
  • In any way that infringes upon the rights of others
  • To introduce viruses, malware, or other malicious code
  • To attempt to gain unauthorized access to any portion of the Service

4. Privacy and Data Protection

Your use of CommonCents is also governed by our Privacy Policy. By using the Service, you consent to the collection and use of information as detailed in our Privacy Policy.

5. Intellectual Property

The Service and its original content, features, and functionality are and will remain the exclusive property of CommonCents and its licensors. The Service is protected by copyright, trademark, and other laws. Our trademarks may not be used in connection with any product or service without our prior written consent.

6. Disclaimers and Limitations

No Financial Advice

CommonCents is a financial management tool only. We do not provide financial, investment, tax, legal, or accounting advice. You should consult your own advisors before making any financial decisions.

Service Availability

We do not guarantee that the Service will be available at all times or without interruption. We may modify or discontinue the Service at any time without notice.

Limitation of Liability

To the maximum extent permitted by law, CommonCents shall not be liable for any indirect, incidental, special, consequential, or punitive damages resulting from your use of or inability to use the Service.

7. Beta Program

During the beta period, the Service is provided "as is" and may contain bugs, errors, and other issues. Beta features may be modified or removed at any time. Feedback provided during the beta period may be used to improve the Service without compensation.

8. Termination

We may terminate or suspend your account immediately, without prior notice or liability, for any reason, including without limitation if you breach the Terms. Upon termination, your right to use the Service will cease immediately.

You may delete your account at any time through the account settings. Upon account deletion, we will delete your personal data in accordance with our Privacy Policy.

9. Indemnification

You agree to defend, indemnify, and hold harmless CommonCents and its officers, directors, employees, and agents from any claims, damages, obligations, losses, liabilities, costs, or expenses arising from your use of the Service or violation of these Terms.

10. Governing Law

These Terms shall be governed and construed in accordance with the laws of the Commonwealth of Puerto Rico, United States, without regard to its conflict of law provisions. Any legal action or proceeding shall be brought exclusively in the courts located in Puerto Rico.

11. Changes to Terms

We reserve the right to modify or replace these Terms at any time. If a revision is material, we will provide at least 30 days notice prior to any new terms taking effect. Your continued use of the Service after any changes constitutes acceptance of the new Terms.

12. Contact Information

For any questions about these Terms of Service, please contact us:

CommonCents
Puerto Rico, United States