The contracts signed on Pigeon are binding and can be legally enforced by either the Lender or Borrower in a number of jurisdictions.
However, we could never hope to cover every local law in every jurisdiction across the globe. For example, if a father and son wanted to make a loan in Mauritius - Pigeon cannot guarantee every clause and legal idiosyncrasy regarding their local code of law will be vetted and accounted for in our generated contracts.
With this understanding in mind, we have done our best to make our loan agreements as extendable and as broad as possible. You are a part of our flock, so we are here to help you in any way you need if you have any questions or concerns.
If you'd like to upload your own contract instead, we encourage you to check out our FAQ titled: Can I upload my own contract for a loan managed on Pigeon?
Whichever option you choose, we highly recommend you carefully look over the details of your contract before signing.
In the scenario you aim to enforce your Pigeon generated contract, please seek professional legal counsel in your local jurisdiction to navigate that matter.