Data Storage Policy
At Credmudra, safeguarding the privacy and security of your personal information is paramount to us. This Data Storage Policy outlines how we collect, use, disclose, and protect your data when you engage with our financial services.
Information We Collect:
Personal Information: This includes your name, address, contact details, social security number, date of birth, financial information, employment details, and other relevant data necessary for loan processing.
Transaction Information: We collect details about your interactions with us, such as loan applications, payments, and communications.
How We Use Your Information:
We use the collected information for the following purposes:
Loan Processing: To assess eligibility, underwrite loans, and manage loan accounts.
Communications: To provide updates regarding your account, promotions, and important notices.
Enhancing Services: To improve and personalize your experience, optimize our website, and introduce new features.
Legal Compliance: To adhere to applicable laws, regulations, and legal processes.
Data Storage And Security:
Data Retention: We retain your personal information only for as long as necessary to fulfill the purposes outlined in this policy or as required by law.
Security Measures: We employ robust security measures to safeguard your data against unauthorized access, alteration, disclosure, or destruction.
Third-Party Services: At times, we may engage third-party service providers for data storage and processing. These providers are contractually obligated to uphold the confidentiality and security of your information.
Your Choices And Rights:
Access and Correction: You can access, update, or correct your personal information by contacting us.
Opt-Out: You have the option to opt-out of certain communications and marketing activities. However, please note that opting out may limit your access to specific services and features.
Data Deletion: You may request the deletion of your account and associated data, subject to legal and contractual obligations.
Policy Updates:
We may update this Data Storage Policy periodically to reflect changes in our practices or legal requirements. We encourage you to review this page periodically for the latest information.
By using our services, you consent to the collection, use, and storage of your information as described in this policy.
If you have any questions or concerns regarding this policy or our data practices, please mail us at [email protected].
