Privacy Policy

Thank you for using PESO 101 LENDING SERVICE INC.'s PesoOne loan services. We value your privacy and are committed to protecting your personal information. Before using our PesoOne application, please carefully read the following privacy policy to understand how we collect, use, store, and protect your personal information.

PESO 101 LENDING SERVICE INC., through PesoOne, operates in compliance with the laws and regulations of the Philippines. We are duly registered with the Securities and Exchange Commission under COMPANY REGISTRATION NO. CS201919921 and hold CERTIFICATE OF AUTHORITY NO. 3183, ensuring our commitment to lawful and secure operations.

1. Information We Collect

To provide high-quality loan services, we collect the following information:

• Personal Information: When applying for a loan, you will need to provide basic personal information such as your employment details, home address, phone number, identification number, etc.
• Facial Recognition Data: To ensure your identity security, we will use facial recognition technology for identity verification.
• Device Information: This includes your device brand, model, operating system version, network environment, etc., to ensure account uniqueness and prevent credit fraud.
• App List: We collect the installed apps on your device and their usage details (e.g., app name, installation date) for credit risk assessment.
• Location Data: To confirm whether you are within our service area (Philippines), we need access to your location information.
• SMS Content: We need access to financial-related SMS content to assist in credit risk evaluation (such as bank notifications, loan confirmations, repayment reminders, etc.).
• Advertising ID: We collect the Advertising ID from your device, which is a unique, resettable identifier assigned to your device by your operating system. This allows us to provide relevant financial services, enhance your user experience, and ensure the security of your account.

2. Children's Privacy Protection

We take children's privacy protection seriously and comply with relevant laws and regulations:

• Target Audience: Our services are intended only for adults aged 18 and above. We do not knowingly collect personal information from children under 18. If we discover that a minor (under 18) has submitted personal information, we will promptly delete this data and suspend or cancel their account.
• Parents and Guardians: If you are a parent or guardian and you are aware that your child has provided personal information to us, please contact us. We will take necessary measures to delete the personal information of the minor upon your request.

3. How We Use Your Information

The personal information we collect will be used for the following purposes:

• Identity Verification: Through facial recognition and ID document verification, we ensure the security of your identity.
• Credit Evaluation: We use your personal information, device data, SMS content, and app list for credit risk assessment, helping us make appropriate loan decisions.
• Fraud Prevention: By collecting device information and location data, we ensure the uniqueness of accounts and prevent potential credit fraud.
• Providing Tailored Services: Based on your credit evaluation results and location information, we offer loan products that are suitable for you.

4. How We Protect Your Information

We are committed to taking strict security measures to protect your personal information, preventing unauthorized access, disclosure, modification, or deletion. All sensitive data will be transmitted using encryption technology, and access to this information is strictly limited to necessary personnel only.

5. Third-Party Disclosure

We do not sell, rent, or share your personal information with any third party, unless required by Philippine laws or regulations, or with your explicit consent.

6. Your Rights

• Access and Modification of Your Information: You have the right to view, correct, or update your personal information at any time.
• Withdrawal of Consent: You may withdraw your consent for us to collect your personal information at any time. However, please note that if you withdraw your consent, we may be unable to continue providing you with full loan services.
• Deletion of Your Information: If permitted by law, you have the right to request the deletion of your personal information. Please note that deleting your information may result in your inability to continue using certain services.

7. Applicable Law

This privacy policy is governed by and construed in accordance with Philippine law. We will make necessary adjustments and updates to ensure your information is effectively protected according to local privacy regulations.

8. Contact Us

If you have any questions regarding this privacy policy or wish to exercise your rights, please contact us through the following methods:

• Email: cssupport@peso101lending.com
• Phone: 09623871278

Consent Terms

By using our application and submitting your personal information, you agree to the collection, use, and storage of your personal information in accordance with this privacy policy. If you do not agree with these terms, please do not use our services.