LoanVision is committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy explains how we collect, use, and protect the information you provide when using our website and services related to personal loans. By using LoanVision, you consent to the practices outlined in this Privacy Policy.

1. Information We Collect

When you use LoanVision’s platform to apply for personal loans or access our services, we may collect the following types of information:

1.1 Personal Information: Name; Contact details (email address, phone number, address); Date of birth; Government-issued identification numbers (e.g., PAN, Aadhaar); Bank account details.

1.2 Financial Information: Employment and income details; Credit history and credit score; Loan application details and status; Transaction and repayment records.

1.3 Technical Information: IP address; Browser type and version; Device information (e.g., mobile device ID); Cookies and tracking technologies for website performance and security.

2. How We Use Your Information

LoanVision uses the information we collect for various purposes, including:

• Loan Application Processing: To evaluate your eligibility for personal loans and facilitate the application process with our lending partners.
• Identity Verification: To verify your identity and financial information with third-party services, including credit bureaus and financial institutions.
• Customer Support: To respond to your inquiries, troubleshoot issues, and provide assistance.
• Service Improvement: To analyze usage patterns, enhance website functionality, and improve overall user experience.
• Compliance: To comply with legal and regulatory requirements related to lending, such as anti-money laundering (AML) and know your customer (KYC) regulations.

3. Information Sharing

LoanVision does not sell or rent your personal information to third parties for marketing purposes. However, we may share your information with:

• Lending Partners: To facilitate loan applications, we share your information with third-party lenders who assess your eligibility and provide loans.
• Credit Bureaus: To verify your credit history and assess your loan eligibility.
• Service Providers: We may engage third-party service providers to assist with payment processing, data storage, technical support, and identity verification.
• Legal Compliance: We may disclose your information as required by law, regulation, or legal process.

4. Data Security

We take the security of your personal information seriously and implement industry-standard security measures to protect it, including:

• Encryption: Sensitive data is encrypted during transmission and storage.
• Access Controls: Only authorized personnel have access to your information, and we have strict protocols to safeguard data.
• Regular Audits: We conduct regular security assessments to identify and address potential vulnerabilities.

While we strive to protect your data, please note that no security system is completely infallible, and we cannot guarantee absolute security.

5. Cookies and Tracking Technologies

LoanVision uses cookies and similar tracking technologies to enhance user experience, analyze website performance, and improve security. Cookies are small text files stored on your device that help us recognize you and tailor our services accordingly.

You can manage your cookie preferences through your browser settings. However, disabling cookies may affect your ability to use some features of the website.

6. Your Rights

You have certain rights regarding your personal information, including:

• Access and Correction: You can request access to the personal information we hold about you and request corrections if any data is inaccurate or incomplete.
• Data Deletion: You can request the deletion of your personal information, subject to legal or regulatory requirements that may require us to retain certain data.
• Withdraw Consent: You can withdraw consent for the processing of your personal information, but doing so may limit your ability to use certain services.
• Opt-Out of Marketing: You can opt out of receiving promotional communications from Loan Vision by following the unsubscribe instructions in our emails or by contacting us directly.

To exercise these rights, please contact us at [email protected].

7. Third-Party Links

LoanVision may contain links to third-party websites. We are not responsible for the privacy practices or content of these external sites. We encourage you to review the privacy policies of any third-party websites before providing them with your personal information.

8. Data Retention

We retain your personal information for as long as necessary to fulfill the purposes outlined in this Privacy Policy, including:

• Loan Processing: Your data will be retained for the duration of your loan application and repayment period.
• Legal Compliance: We may retain your information to comply with legal obligations, including KYC and AML regulations.
• Service Improvement: Technical data may be retained for analytics and service improvement purposes.

Once your data is no longer required, we will securely delete or anonymize it.

9. Children's Privacy

LoanVision’s services are intended for adults, and we do not knowingly collect personal information from children under the age of 18. If we become aware of any such data collection, we will take steps to delete it.

10. Changes to the Privacy Policy

LoanVision may update this Privacy Policy from time to time to reflect changes in legal requirements, business practices, or technology. Any changes will be posted on this page, and the revised policy will take effect immediately. It is your responsibility to review this Privacy Policy periodically for updates.

11. Contact Us

If you have any questions or concerns about this Privacy Policy or your personal information, please contact us at [email protected].

By using LoanVision’s website and services, you acknowledge that you have read, understood, and agreed to this Privacy Policy.