Our company values the privacy of our users and anyone who uses, accesses, downloads, browses, or registers for PesoLoans website services,Our company attaches great importance to the privacy protection of users and any individual using this service, its application, or other related digital medium or media including social media (hereinafter referred to as "Platform"). This Privacy Policy is part of the PesoLoans commitment to respect and protect every personal data and information belonging to the individual uses of the Platform, including prospective lenders or borrowers (hereinafter referred to as "User", "you", or "Users) or visitors to the Platform. This Privacy Policy has been prepared in accordance and in compliance with the laws of the Republic of the Philippines, and is for the exclusive use of the Company. This Privacy Policy sets out the policies of the Company, its assigns, affiliates, and related companies in relation to any and all types of Personal Data (as defined below) referred to in this Privacy Policy, including sensitive personal information. In this Privacy Policy, "Personal Data" means any information whether recorded in a material form or not, from which the identity of an individual is apparent or can be reasonably and directly ascertained by the entity holding the information, or when put together with other information would directly and certainly identify an individual, as defined under Republic Act No. 10173, otherwise known as the Data Privacy Act of 2012 (hereinafter referred to as the "Data Privacy Act"). Personal Data may be provided by individual users of the Platform, for the collection, use, and disclosure by the Company, its assigns, affiliates, and related companies.
All names and other Personal Data which relate to Users shall be handled the manner set out in this Privacy Policy. We only collect information where it is necessary for us to do so and we will only collect information if it is relevant in our dealings with Users. We will only keep Users' Personal Data for as long as we are either required by law or as is relevant for the purposes for which the information was collected.
The scope of this Privacy Policy is limited to information collected or received by us through your use of the Platform. We are not responsible for the actions of third parties or companies, the contents of their facilities, the use of information you provide to them, the information they provide to you or any products or services they may offer. Any link to those sites does not constitute our partnership with, sponsorship or endorsement of, or affiliation with, those parties or companies or their brands.
By using the services provided by the Platform, whether via website or application, you are expressing your agreement to this Privacy Policy and the processing of your Personal Data in the manner provided in this Privacy Policy. If you do not agree to these terms, please do not use and exit the Platform.
We collect information to provide a better service to the users. We will not collect your personal data without your permission.
When joining as a member, we may collect the following information for the user's personal services: (1) full name, (2) email address, (3) residential address, (4) telephone number, (5) emergency contacts, (6) employment information, (7) monthly income, (8) date of birth, (9) gender, (10) ID information, (11) beneficiary's bank account information, (12) facebook account name
We collect information about the applications and devices you use to access the services of the Platform, which helps us to provide you with services. The information and permissions we collect includes: (1) location; (2) contacts; (3) SMS; (4) APP installed; (5) camera; (6) calendar; (7) storage; (8) media & photos &files; (9) phone information
We collect your geo-location information when the Platform is running in the foreground so as to auto-fill your address data. We endeavor to cease collection of your geo-location information when the Platform is in the background You can always choose to disable the geo-location tracking information on your Mobile Device temporarily.
As a part of our loan journey, we require guarantor or co-maker information, which are selected by the user from their contact list. In this regard, during filing the form on our Platform, we collect your contact information to enable you to autofill the data during the loan application process. The contacts information will not be used for any other services or users or be provided to any third parties except for the guarantor or co-maker's contact information which may be used by us or the prescribed third parties in the event the loan is overdue.
We use SMS to auto-fill the verification code during the process of verifying the validation of your financial account when you add your beneficiary's bank account. It's also used for the purposes of risk analysis.
We are a financial application. In order to prevent frauds and to protect safety of your fund, we need to collect the App installed in your device. This information will be used to assess your risk profile and to recommend suitable products.
We require the camera information permission to provide you an easy/smooth experience and to enable you to click photos of your KYC documents along with other requisite documents and upload the same on the Platform during your loan application journey.
The authorization to access your calendar help us remind you the due date of repayment.
We require the storage information permission that allows the Platform to enable you to upload photos and/or documents to complete the application form during your loan application journey.
We require the media, photos, and files permission that allows the Platform to enable you to upload photos or documents to complete the application form during your loan application journey.
The phone information includes device brand, model, operating system version, device unique identifier, device network environment, WiFi, device status, identification international mobile device, international mobile subscriber identification, application software information, mobile phone number, device memory information.The authorization to access this information help us to identify your user portrait and preferences and to recommend the suitable credit products.
You must submit to us information including Personal Data which is true and accurate and not misleading, and you must keep it up to date and inform us of changes as soon as practicable. We reserve the right to request for documentation to verify information provided by you.
We will only be able to collect your Personal Data if you voluntarily submit the information to us. If you choose not to submit your Personal Data to us or subsequently withdraw your consent to our use of your Personal Data, we may not be able to provide you with some or all of the services available through the Platform.
You have the privacy right to your personal data. Our company will only disclose your personal data to third parties under the following circumstances, the relevant institutions will collect, use, and/or disclose your personal data within the scope of your authorization and consent:
To help you successfully apply for the loan, we will disclose your necessary personal data to third-party cooperative institutions, including fund lenders, payment partners, post-loan partners, third-party verification service providers, messages service providers, call-out service partners.
Personal Data shall be processed, collected, used, disclosed, stored, and retained for the following purposes:
The Company values Personal Data collected, used, retained and stored through the Platform. The Company has adopted technical, organizational and physical measures to protect your Personal Data.
We take reasonable measures to protect your information from unauthorized access or against loss, misuse, or alteration by third parties.
Although we make good faith efforts to store the information collected on the Platform in a secure operating environment that is not available to the public, we cannot guarantee the absolute security of that information during its transmission or its storage on our system. Further, while we attempt to ensure the integrity and security of our network and systems, we cannot guarantee that our security measures will prevent third-party "hackers" from illegal obtaining access to this information. We do not warrant or represent that your information will be protected against, loss, misuse, or alteration by third parties.
You agree to inform us promptly, and in any event, within 14 calendar days, in writing if there are any changes to your information supplied to us from time to time, and to respond promptly to any request from us,
You have the rights to:
This Privacy Policy may be updated from time to time and shall continue to remain in effect unless otherwise amended. If this Privacy Policy is changed, those changes will be posted on the Platform. The change will be effective when posted. Users availing services and/or visitors to the Platform are advised to check the website on a regular basis to remain aware of the policies and practices of how information is collected and used.
If significant changes to this Privacy Policy will affect certain Personal Data, the Company shall notify its Users through the email address provided or by posting a public notice on the Platform.
The foregoing consents and authorizations shall continue for the duration of, and shall survive the termination of any loan agreement(s) signed by the borrower, or any other transactions, dealings, arrangements and accounts which borrower may have with, or avail from, the Company and the lender through services and/or the Platform.
If you need help from us when there are any information, errors, doubts about the changes in your account without your permission or any of your transactions, you shall notify our customer service center or immediately write to the corresponding department with the following information:
We will immediately investigate any errors or unusual activities reported and will inform you of the results as soon as possible.