Introduction
This Privacy Policy explains how B.S.S.M.R. LIONS LENDING CORP. ("B.S.S.M.R.", "we", "us", "our") collects, uses, shares, and protects your personal data when you apply for a loan, use our website, or interact with us. We process personal data in accordance with the Philippine Data Privacy Act of 2012 (Republic Act No. 10173) and its Implementing Rules and Regulations.
Personal Data We Collect
- Identity and contact details (e.g., full name, address, email, phone, government IDs).
- Financial and employment information (e.g., income, employer, bank details, credit history).
- Transactional and loan information (e.g., applications, approvals, repayments, outstanding balance).
- Device and usage information (e.g., IP address, browser type) collected via cookies; see our Cookie Policy.
How We Use Your Personal Data
- To evaluate loan applications, perform KYC, fraud checks, and credit scoring.
- To provide, administer, and service your loan, including collections and customer support.
- To comply with legal and regulatory obligations (e.g., SEC reporting, anti-money laundering laws).
- To improve our services, website performance, and security.
Sharing of Personal Data
We may share your personal data with: (a) service providers (e.g., IT, KYC, payment processors) under confidentiality obligations; (b) regulators and authorities as required by law; (c) credit bureaus and collection partners for legitimate interests and legal compliance. We do not sell your personal data.
Data Retention
We retain personal data only as long as necessary to fulfill the purposes above and to comply with legal, regulatory, and reporting requirements. When no longer needed, data is securely deleted or anonymized.
Your Rights
Subject to law, you may request access to, correction or updating of, or deletion of your personal data, object to processing, or withdraw consent. To exercise your rights, please contact us using the details below.
Security
We implement appropriate organizational, physical, and technical measures to protect personal data against loss, unauthorized access, and misuse. However, no method of transmission or storage is 100% secure.
International Transfers
If personal data is transferred outside the Philippines, we will ensure appropriate safeguards consistent with applicable laws.
Contact Us
For privacy-related inquiries, requests, or complaints, contact: info@bssmrlions.com. If applicable, you may also contact the National Privacy Commission.
Effective date: 01 Sep 2025. We may update this Policy from time to time. Material changes will be posted on this page.