Privacy Policy - TargetCredit

1. Introduction

This Privacy Policy describes how TargetCredit collects, processes, shares, and protects your personal data when you use our services. By accessing our platform, you consent to the lawful processing of your information for legitimate business purposes, including credit risk assessment and loan approval.

We prioritize the security of your data and adhere strictly to applicable privacy laws and regulations.

2. Information We Collect

To deliver and improve our services, we gather the following categories of personal data:

2.1 Information Provided by You

• Registration Details: Full name, phone number, email address, date of birth, and government-issued identification.
• Financial Information: Mobile money/bank account details and credit history.
• Employment & Income Verification: Employment status, employer details, and income documentation.

2.2 Automatically Collected Data

• Usage Analytics: Service interaction logs, transaction records, and loan application history.

3. Permission-Based Data Collection

3.1 SMS Data

• Purpose: Analyze financial transaction SMS (e.g., bank alerts) for creditworthiness evaluation.
• Security: Non-financial messages are neither accessed nor stored.
• Data Lifecycle: Encrypted and transmitted to https://www.target-credit.com/, then purged post-processing.
• User Control: Optional; disabling may limit certain financial features.

3.2 Call Logs

• Purpose: Verify your registered phone number via call history confirmation.
• Data Lifecycle: Securely uploaded to https://www.target-credit.com/ and erased after verification.

3.3 Emergency Contacts

• Purpose: Authenticate your identity using 2 user-selected contacts for fraud prevention.
• Data Lifecycle: Encrypted transmission to https://www.target-credit.com/; immediate deletion post-use.

3.4 Calendar Access

• Purpose: Synchronize loan repayment due dates for automated reminders.
• Data Lifecycle: Securely processed via https://www.target-credit.com/ and removed after synchronization.
• User Control: Adjustable in device settings.

3.5 Installed Applications

• Purpose: Detect malware and analyze financial behavior via app metadata (name, version, installation date).
• Data Lifecycle: Encrypted transfer to https://www.target-credit.com/; deleted after risk assessment.

3.6 Camera & Media

• Purpose: Capture identity documents for KYC compliance.
• Security: All images are encrypted and stored securely.

3.7 Photo/Video Verification

• Purpose: Fulfill legal KYC requirements by verifying user identity through biometric data.
• Data Handling: Treated confidentially; accessible only to authorized staff.
• Data Lifecycle: Securely uploaded to https://www.target-credit.com/ and erased post-verification.

3.8 Phone Number & Email

• Purpose: Unique account identification and login security.
• Data Lifecycle: Processed via https://www.target-credit.com/ and deleted after verification.

4. Data Usage

Your information enables us to:

• Verify your identity and credit profile.
• Process loan applications and fund disbursements.
• Comply with regulatory obligations.
• Prevent fraud and enhance platform security.
• Deliver service notifications and updates.

5. Data Sharing

We do not sell your data. Limited sharing occurs with:

• Regulatory Bodies: When legally mandated.
• Credit Bureaus: For credit scoring and reporting.
• Trusted Partners: Cloud/fraud detection/payment processors under strict confidentiality.
• Financial Institutions: For risk assessment.

6. Security & Retention

• Encryption: 255-bit SSL encryption for all data transfers/storage.
• Retention: Kept only as long as legally or operationally necessary.

7. Your Rights

You may:

• Request access to your data.
• Correct inaccurate information.
• Delete your data by contacting [email protected].
• Withdraw consent via device settings or written request.

8. Policy Updates

We may revise this policy periodically. Changes will be communicated via app or email. Continued service use constitutes acceptance of updated terms.