Last updated: July 2, 2026
Chit records loan agreements between people: both parties sign electronically, and the record is sealed with a cryptographic hash and trusted timestamp. E-signatures made through Chit are intended to be legally binding under PIPEDA and provincial electronic-commerce law. For users in the United States, electronic signatures and records made through Chit are intended to be valid and enforceable under the federal ESIGN Act and state adoptions of the Uniform Electronic Transactions Act (UETA).
Chit is not a lender, money-services business, escrow, or collection agency. Money never moves through Chit. A sealed agreement creates an enforceable record — it cannot force anyone to pay.
Don't use Chit for unlawful loans (including interest above the criminal-rate cap), harassment, or agreements you know to be false. We may suspend accounts that do.
Subscriptions and one-time purchases are billed through the App Store and can be managed there. Evidence-pack and demand-letter purchases are consumed on use.
ChitSeal (“Chit”) is a product of Vanillapha Inc., Ontario, Canada. Contact: contact@vanillapha.com