Privacy Policy | Allways D'Best Lending Corporation

1. MISSION AND COMMITMENT

Allways D'Best Lending Corporation (the "Company," "we," "us," or "our") operates the website allwaydbest.com. We are committed to maintaining the highest standards of data privacy and transparency in accordance with the Data Privacy Act of 2012 (Republic Act No. 10173) of the Philippines. This policy details our rigorous protocols for handling your personal and sensitive information.

2. REGULATORY DISCLOSURES

To comply with the Securities and Exchange Commission (SEC) requirements for online lending platforms, our corporate credentials are as follows:

Corporate Name: Allways D'Best Lending Corporation
SEC Registration Number: 2023030092784-05
Certificate of Authority (CA) Number: L-23-0399-62
Brand Name: Allways D'Best

3. DATA WE COLLECT

We only collect data that is proportionate and necessary for your loan application. As this is a web-based platform, we do not access your mobile phone's background data. Collection is limited to:

Personal Identification: Full name, date of birth, gender, and civil status.
Contact Information: Active mobile number, verified email address, and current residential address.
Identity Verification: Images of valid government-issued IDs (e.g., UMID, SSS, Driver’s License).
Financial & Employment Profile: Source of income, employer details, and bank/e-wallet account information (e.g., GCash/Maya) for loan disbursement.
Web Metadata: IP address and browser cookies to prevent "Bot" attacks and ensure secure session management.

4. PURPOSE OF PROCESSING

Your data is processed based on your explicit consent for the following specific purposes:

Identity Verification (KYC): To ensure the person applying is the actual owner of the ID provided.
Credit Scoring: To assess your ability to repay and determine your loan limit.
Loan Disbursement: To facilitate the transfer of funds to your nominated account.
Legal Compliance: To fulfill reporting obligations to the Credit Information Corporation (CIC) and the Anti-Money Laundering Council (AMLC).
Service Communications: To send transaction updates, payment reminders, and customer support responses.

5. DATA SHARING AND TRANSFERS

We uphold a strict "No-Sale" policy regarding your data. Information is shared only with:

Government Agencies: As required by Philippine law (e.g., SEC, NPC, CIC).
Third-Party Partners: Secure payment gateways, SMS providers, and credit investigators (all bound by strict Non-Disclosure Agreements).
Legal Process: When required by a lawful court order or subpoena.

6. DATA SECURITY AND RETENTION

Encryption: We use 256-bit SSL (Secure Socket Layer) encryption for all data transmitted via allwaydbest.com.

Storage: Data is stored in secure, restricted-access cloud environments.

Retention: We retain records for five (5) years after the full settlement of your loan or account deactivation, as mandated by the Philippine Bureau of Internal Revenue (BIR) and AMLA regulations.

7. YOUR RIGHTS AS A DATA SUBJECT

Under the Data Privacy Act of 2012, you possess the following rights:

Right to Access: Request a copy of the personal info we have on file.
Right to Rectification: Update or correct any inaccurate data.
Right to Erasure: Request the deletion of your data once all financial obligations are met.
Right to Object: Withdraw your consent for certain processing activities.

8. DATA PRIVACY OFFICER (DPO)

For any questions regarding your data, please contact our designated DPO:

Email: support@allwaydbest.com
Office Address: 134 MINDANAO AVENUE BAHAY TORO 1106 QUEZON CITY, PHILIPPINES

9. CONSENT DECLARATION

By proceeding with the application on this website, you acknowledge that you have read, understood, and voluntarily agreed to the terms of this Privacy Policy.