Bora CREDIT User Privacy Agreement

Introduction

Welcome to Bora CREDIT. Protecting your privacy and securing your personal information is our top priority. This Privacy Agreement outlines the types of data we collect, how we use it, and the measures we take to ensure your data is handled securely and in compliance with relevant laws and regulations.

Data Collection and Use

SMS Permission

• We collect SMS data related to financial transactions. This includes the sender's name, transaction description, and amount.
• This data assists us in performing credit risk assessments and streamlines loan disbursal.
• Personal SMS data is not monitored, read, stored, or shared.
• All SMS data is securely uploaded to the Bora CREDIT server and is not shared with third parties.

Mobile Phone (Device) Permission

• We collect specific information about your device to prevent fraud and unauthorized access.
• This includes device name, model, region, language settings, identification codes, and unique identifiers like IMEI and serial numbers.
• Information about installed applications is also collected to evaluate borrowing habits and financial status.
• All device data is uploaded and stored securely on our server.

Camera Permission

Data Storage

• All collected data is stored on the Bora CREDIT server with high-level protection.
• We ensure that no data is shared with third parties, maintaining strict confidentiality.

Data Protection and Security

We implement robust security measures to protect your data. This includes encryption, secure server storage, and regular audits to ensure compliance with the latest security standards. Our team is dedicated to preventing unauthorized access, alteration, disclosure, or destruction of your personal information.

Your Rights

As a user, you have the right to:

• Access your personal data.
• Request correction of any inaccurate data.
• Request deletion of your data under certain conditions.
• Withdraw consent for data processing at any time, subject to legal or contractual limitations.

Changes to Privacy Agreement

We may update this agreement to reflect changes in our practices or relevant laws. We will notify you of any significant changes and will always post the latest version on our website.

Contact Us

If you have any questions or concerns about this Privacy Agreement, please contact us at [contact information].

By using Bora CREDIT's services, you agree to the collection and use of your information as outlined in this Privacy Agreement.

Marketing SMS

By registering for the app using your phone number, you agree that the company may contact you via phone calls or send you marketing text messages. We believe in providing you with valuable offers and information about our services. However, we also respect your preferences. If at any time you wish to stop receiving such communications, please contact our customer service team. We are committed to addressing your request and ceasing marketing communications to your number within 3 business days of receiving your feedback.

How do we use and disclose the data we collect?

We will only use your personal data when permitted by law. The most common thing is that we will use your personal data to provide services to you, or in cases where we need to comply with legal obligations.

You understand that when you agree to provide us with your personal data, you also agree that we will share your personal data with third parties. You know, by using our services or creating accounts on the platform, you authorize us, our joint partners, and affiliates to contact you via email, phone, or other means. This is to ensure that you understand all the features of the service.

You are aware that any and all information related to you, whether or not you provide it directly to us (through services or other means), including but not limited to personal letters such as emails, your instructions, etc., may be collected. We have compiled and shared information for the purpose of providing services to you, and you expressly authorize us to do so. This may include but is not limited to storage providers, payment system providers, marketing partners, data analysis providers, as well as consultants, lawyers, and auditors. We may also share this information with our parent company, subsidiaries, subsidiaries, or any of their holding companies.

You agree and acknowledge that when required by law or any court, government agency or authority to disclose such information, we may share data without your consent. Such disclosure is made in good faith and is believed to be reasonable and necessary for the implementation of this policy or terms, or to comply with any applicable laws and regulations.

Generally speaking, we do not disclose personal data unless for the following purposes/activities:

Install the platform and register you as a user;

Provide services;

Manage our relationship with you, including notifying you of any changes to services;

Manage and protect our business and services, including troubleshooting, data analysis, and system testing;

Provide you with content and advertising;

Recommend products or services that you may be interested in;

Measure and analyze the effectiveness of the advertisements we provide to you;

Monitor trends so that we can improve our services;

Fulfilling obligations arising from arrangements we are about to or have already reached with you;

Execute our terms;

When our legitimate interests (or the legitimate interests of third parties) are necessary and your interests and fundamental rights do not override these interests;

Comply with legal or regulatory obligations.

You authorize us to send you electronic reminders and messages to understand detailed information about platform registration, service requirements, and advertising.

In addition, you agree to receive promotional emails and other emails sent by us, as well as other forms of communication. Through this type of communication, you will receive information about the latest developments in services. You can unsubscribe from our mailing list at any time through the unsubscribe option we provide.

Data security

We implement certain security measures, including encryption, firewall, and socket layer technology, to protect your personal information from unauthorized access, and such security measures comply with the security practices and procedures specified in the 2000 Information Technology Act and applicable rules (reasonable rules). Security practices and procedures, as well as sensitive personal data or information rules, 2011. But you agree and acknowledge that the above measures do not guarantee absolute protection of personal information. By accessing the service, you agree to bear all risks related to personal information leakage caused by violating firewalls and security server software.

If we provide you (or you choose) a password that allows you to access certain parts of the service, you are responsible for keeping that password confidential. We request that you do not share passwords with anyone.

The process of account cancellation

If you need to cancel your account, you must also meet the following conditions:

1) The account has not had any abnormal login, password modification, password modification, mobile phone or security email modification or other situations that affect account security within the past month;

2) There are no unfinished transactions, orders, services, etc. in the account;

3) The account has not been involved in any complaints or reports;

4) There are no unused benefits in your account. If you still have unused benefits, the cancellation application will be deemed as your voluntary waiver of the corresponding benefits;

5) There is no outstanding or unpaid amount;

6) All data and information that you have the right to under our account have been migrated and properly backed up, or you completely waive the right to retain and retrieve such data;

7) The account cancellation does not involve any complaints, disputes, lawsuits, investigations by the competent authorities that have occurred, and there is no realistic risk of litigation or adjustment mentioned above;

8) The account does not have any other obligations that should be fulfilled in accordance with laws and regulations but have not yet been fulfilled;

During our verification process, if we find that your account cannot meet the above conditions simultaneously, your account cancellation application will be rejected. If you wish to continue with the cancellation, you need to handle the relevant matters according to the reason for rejection before initiating a new account cancellation application.

Changes to Privacy Policy

We regularly review our policies and may decide to modify them from time to time.

The terms of this policy may be subject to change. If any changes occur, these changes will be posted on this page and notified to you via email as appropriate. The new policy may appear on the screen, and you may need to read and accept the changes before continuing to use the service.

By continuing to use the service, you agree to the latest policy.