Effective Date: April 29, 2025
This Privacy Policy describes how AMELoan Services collects, uses, stores, shares, and protects your personal information in compliance with the Data Privacy Act of 2012 (RA 10173).
1. Personal Data We Collect
We collect the following categories of personal information:
Identity Data: Full name, gender, birthdate, nationality
Contact Information: Mobile number, email address, physical address
Government IDs: TIN, UMID, SSS, Driver’s License, etc.
Financial Information: Salary, income source, employment details, bank account details
Behavioral Data: Browsing history on our website/app, device information, and referral sources
Location Data: When using the app, location may be used to verify address or transaction safety
2. How We Use Your Information
We use your personal data to:
Assess creditworthiness and risk profile
Process loan applications and disburse funds
Send payment reminders, system notifications, and account updates
Detect, prevent, and investigate fraud or unlawful activity
Improve our platform, services, and customer support
Comply with legal obligations and requests from regulators
3. Data Sharing and Disclosure
We may share your information with:
Partner banks and financial institutions for co-lending or syndication
Credit reporting agencies like CIC or TransUnion
Collection agencies in case of default
IT service providers, under confidentiality obligations, who assist with data hosting, analytics, or communications
Government authorities, including the BSP, AMLC, or SEC, as required by law
4. Security and Retention
All data is encrypted in transit (SSL) and at rest (server encryption).
Only authorized employees and partners have access to sensitive data.
Data will be retained for at least 5 years, or longer as required by regulators or for legal purposes.
5. Your Rights Under RA 10173
You have the right to:
Be informed of how your data is used
Access your stored data
Correct or update inaccurate data
Object to processing (with legal exceptions)
Withdraw consent or request deletion of your data
Submit requests to: privacy@ameloan.com
We are committed to empowering local entrepreneurs and businesses by offering accessible and innovative loan solutions. Our goal is to foster economic growth, support ambitious individuals, and transform our town into a thriving business hub.
Copyright © 2025 AMELoan Services by Violinksys. All Rights Reserved.
