PRIVACY POLICY
A.FINNEW FINTECH LIMITED (“we” or “us”) takes your privacy seriously. This privacy policy tells what data we collect, why we need to collect them, how we store and transfer them, and who we might share the data with. By agreeing and following this privacy policy, you specifically authorize us to collect and process data.
B.The reasons for data collection: To provide better service to you, we would need to collect data. Also, it is for your identity verification and creating credit scoring models to evaluate what Loans can be provided for you. Credit reporting would also need data collection.
C.The data for collection: When registering the product or service, the following information may be collected: your name, age, phone number, bank verification number (BVN), email address, or other contact information. With third parties, we may cross-check your identity and the person you have written as your relationship contact. Please rest assured, that the contact information you provide will only be used for your identity verification and for contacting you when there is an emergency, and will NOT be adopted for loan collection. Your loan information will not be shared with the contact. Furthermore, it will be employed for our credit scoring system when we have data collection from your device. The information we collect is regarding your device, such as operating system, device make, and model as well as the installed software applications. We can also collect the following information: your email and phone book contacts as well as data about device activity such as SMS logs and GPS location facts. For additional information, we may also obtain data from third parties such as credit bureaus and other financial institutions. By registering for the service, You authorize the collection and processing of the above data.
D.The means for data transfer and storage: We generally store your personal information in a database maintained by our service provider to comply with relevant financial regulations. The information is only used for fulfilling your request on the app or providing you with services. We will not disclose personally identifiable data to third parties except in situations of complying with legal or regulatory obligations. We will take all necessary steps to make sure that your information is stored, processed, and transferred safely following this policy.
E.People we share data with: We may share your data with third parties under certain circumstances. For example, the data may be used in common with :
I.credit bureaus for requesting credit histories or reporting loan defaults;
II.collections agencies for collecting overdue loans;
III.government bodies or law enforcement agencies for compliance with the law;
IV.professional advisers for the enforcement or defense of our legal rights;
V.a purchaser or seller concerning company events such as mergers, business acquisitions, or bankruptcy situations.
F. We need your approval for the following queries to assess your qualifications and expedite your loan payment.
Location
We get location information from the device you are using to reduce the risk associated with your account.
Contacts
We capture contact information from your device and send it to https://api.easeloanplus.com so that we can find reliable references for risk analysis.
The data will be transferred from your phone's contact lists on a regular basis when using the app.
EASELOAN will never share your information with a third party without your consent. We can only gather your information with your authorization.
Camera
Camera access is needed to give you an easy and smooth experience and to allow you to take a picture of your KYC documents and other relevant documents and send them to the app throughout the loan application process.
During the loan application process, you'll be able to take a picture of your KYC documents and other relevant documents and send them to the app.
Documents
We require your permission to keep information to allow you to submit photographs and/or documents throughout the loan application process and finalize the application on the app.
Status
We utilize the status of your phone to identify you and keep your information safe so that other parties may engage in risk assessment.
SMS
We gather SMS information and send it to https://api.easeloanplus.com in order to find reliable references for risk analysis.
APP list
We request for QUERY_ALL_PACKAGES permission and collect a list of installed app metadata information, including app name, package name, install time, update time, version name, and version code for each installed app on your device, and send the data to https://api.easeloanplus.com for analyzing your reputation and offers through pre-approved personalized loans.
Contact us: Should you have any questions about the privacy policy or other privacy issues, please contact: easeloanhelpcenter@yahoo.com