Safeguarding Your Privacy: How We Protect Your Personal Data
At Singa Credit, we understand the importance of protecting your personal data. Trust and security are fundamental to our business, and we are committed to safeguarding your information. This article outlines the robust measures we have in place to protect your personal data.
Data Collection and Use
We collect personal information from you to process your loan application and manage your account. This information may include your name, address, identification number, financial information, and contact details. We use this data to assess your loan eligibility, disburse funds, and maintain communication with you.
Data Security Measures
We employ advanced security technologies and procedures to protect your personal data from unauthorized access, disclosure, alteration, or destruction. These measures include:
Encryption: Sensitive information, such as your financial data, is encrypted using industry-standard encryption protocols to prevent unauthorized access.
Firewalls and Intrusion Detection Systems: Our network is protected by robust firewalls and intrusion detection systems to monitor and prevent cyber threats.
Access Controls: Access to your personal data is restricted to authorized personnel on a need-to-know basis.
Regular Security Audits: We conduct regular security audits and vulnerability assessments to identify and address potential security risks.
Employee Training: Our employees undergo regular training on data protection and security best practices.
Data Sharing
We do not share your personal information with third parties for marketing purposes. We may share your information with trusted third-party service providers who assist us in our business operations, such as credit bureaus and debt collectors, but only to the extent necessary to fulfill our obligations to you. These third parties are bound by strict confidentiality agreements.
Data Retention
We retain your personal data for as long as necessary to fulfil the purposes for which it was collected as required by law. Once the retention period has expired, we securely delete or anonymize your data.
Data Breach Notification
In the unlikely event of a data breach, we will notify affected individuals and take appropriate steps to mitigate the impact of the breach.
Compliance with Data Protection Laws
We adhere to all applicable data protection laws and regulations, including the Personal Data Protection Act (PDPA) in Singapore.
Commitment to Privacy
Protecting your privacy is a top priority at [Moneylender Name]. We are committed to continuously improving our data protection practices to ensure the security and confidentiality of your personal information.
If you have any questions or concerns about our privacy practices, please contact our customer service department.
Singa Credit is dedicated to building trust with our customers. We believe that transparency and accountability are essential components of data protection. By implementing robust security measures and adhering to data protection laws, we strive to safeguard your personal information and protect your privacy.
Licensed Moneylender Singapore– Singa Credit Pte Ltd
Established in 1992 and previously known as Yong Seng Credit,
Singa Credit Pte Ltd is Licensed Moneylender in Bugis regularly updated with the latest regulations to be in line with the requirements set out by Registry of Moneylenders.
Please feel free to call 66946166 for more info on our lowest interest rate in Singapore or walk in our office 470 North Bridge Road #02-01 Bugis Cube Singapore 188735.