EasyLoans
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Privacy Policy

Commitment to Privacy

EasyLoans ("Company," "we," "us") is dedicated to protecting the privacy of individuals who provide their data to us. EasyLoans is a brand operated by the Company.

Our services are not intended for individuals under 18 years of age. We do not knowingly collect data from minors.

Agreement to Privacy Policy

Please read this Privacy Policy carefully to understand how we collect and use your data and how you can manage it. If you do not agree with our data processing methods, please do not provide your data and discontinue using our website, web pages, or mobile applications. Continued use of these services implies your acceptance of our Privacy Policy.

This Privacy Policy applies to all data subjects. If you are a customer or applicant for our services, this policy forms part of the terms and conditions of your agreement with EasyLoans. In case of any discrepancies between this policy and other agreements, this policy will prevail regarding data protection.

Updates to Privacy Policy

We may revise this Privacy Policy periodically without prior notice. The "Last Updated Date" at the top indicates the latest revision. By continuing to use our services, you consent to any changes.

Financial Product Information

  • Loan Amount: ZMW 100 - ZMW 3000
  • Loan Term: 91-180 days
  • Annual Interest Rate: 10.563% ~ 27.375%
  • Service Fee Rate: Personalized AI service fee

Example Calculation

For a ZMW 1000 loan over 120 days at a 27.375% annual interest rate and 1.5% service fee:

  1. Daily Interest Rate: 27.375% / 365 = 0.00075 (0.075%)
  2. 90-Day Interest: 1000 * 0.00075 * 120 = 90 ZMW
  3. Service Charge: 1000 * 0.015 = 15 ZMW
  4. Total Repayment: 1000 + 90 + 15 = 1105 ZMW

Permissions Requested

  • Coarse Location: We request access to your coarse location to determine your loan eligibility based on your location. This helps us offer you the most relevant services. The data is securely transmitted to our servers.
  • Device Data: We collect data about your mobile device, including the model, unique device code, UUID, and language preferences. This information helps us prevent fraud, protect your account, and profile your creditworthiness.
  • Photos: We request access to your photos, media, and files to enhance our services. This access is required for you to upload documents necessary for loan applications. Refusal to grant this permission may affect the functionality of the application.
  • Storage: We need access to your device storage to securely download and store KYC (Know Your Customer) documents. This is essential for facilitating the loan application process and ensuring compliance with regulatory requirements.
  • Camera: We request access to your camera to capture facial images for identity verification purposes. This is crucial for preventing identity theft and ensuring the security of your account.
  • Microphone: We may request access to your microphone for service improvement purposes. While this access is not always required, denying it may impact certain functionalities of the application.
  • Wi-Fi Connection Information: We collect information about your Wi-Fi connections to enhance the security of our services. This helps us detect suspicious activities and prevent unauthorized access to your account.
  • Installed Apps Data: We collect data about the apps installed on your device to assess your creditworthiness and prevent fraud. This data is securely transmitted to our servers and used solely for risk assessment purposes.

Personal Data Collection and Usage

In summary, we inform you that when you request and provide your personal data through our website to obtain credit services from EasyLoans, EasyLoans will directly or indirectly obtain your personal information. Native Android application ("Application").
EasyLoans is subject to treat your following Personal Data with above mentioned means:
  • Location:
    • Approximate location
  • Personal info:
    • Name
    Email address
    User IDs
    Address
  • Photos and videos
    Photos
  • Device or other IDs
    Device or other IDs
These data may be used to evaluate your application for credit information, verify your identity, assess and confirm your credit ability, and risk management.

Contact Information

For inquiries, feedback, or concerns about this Privacy Policy or your personal data, contact us at:

Email:business@easyloans.vip
Website:https://www.easyloans.vip
Business Hours: Monday to Saturday, 8:30 am to 5:30 pm