Privacy Policy - Forbes Lending

Client/Customer Data Privacy Consent Form

Forbes Lending Solutions Corporation is committed to ensuring the confidentiality, security and protection of personal data. This document gives details on how the Company uses and protects personal data for the purpose of obtaining the consent of data subjects, in pursuant with RA 10173 also known as the Data Privacy Act (DPA) of 2012, its Implementing Rules and Regulation (IRR), and other relevant laws of the Philippines.
As a client of the Company, you are considered a data subject. Please read this document carefully to ensure informed consent.

I. What Information We Collect From You?

We collect personal information both through this website and through other means such as from application forms, telephone calls, email address and other communication with us. The types of personal information we collect from you include but not limited with the following information:

General Identification and contact information

Identification Number Issued by the Government

Financial Information and Account details with the Bank and other financial institution

Information enabling us to provide products and service we offer ( such us vehicle type and plate number)

II.When Do We Collect Information?

We collect information from you when you apply for a loan on our website, fill out a form or enter information on our site. In respect, the following purposes for which Personal Data are to be collected and used are as follow:

Process your applications

Contact you based from the information you provided

Comply with applicable law and regulations such as those relating to Securities and Exchange Commission, Anti-Money Laudering Act & other law related thereto; and Establish and depend legal rights

III.Confidentiality of Data:

Forbes Lending Solutions Corporation shall operate and hold personal data under strict confidentiality. The company shall not disclose or share personal information in its possession other entities without your expressed written consent.

IV.Data Protection:

Forbes Lending Solutions Corporation shall implement appropriate organizational, physical and technical security measures in order to ensure the privacy and protection of personal data in its possession. The security shall aim to protect and secure data from loss, misuse, unauthorized modification, unauthorized access or disclosure, alteration or destruction. The following are the company safeguards:

Strict implementation of information security policies

Access Restriction to unauthorized personnel

Use of secured servers and firewalls

Data encryption on computing devices

V.Data Retention:

All personal data or information that the company had obtained shall not be retained for a period as specified by law and after the period, all hard and soft copies of personal data or information shall be disposed of and destroyed, through secured means.

VI.Rights of Data Subjects:

As a data subject you have the following rights under Data Privacy Act of 2012: Right to be informed, Right to object, Right to access, Right to rectify or correct erroneous data, Right to erase or block, Right to secure data portability, Right to indemnified for damages, Right to file a complaint.

VII.Contact Information:

If you have questions or concerns or would want to lodge a complaint, you may reach our Data Protection Officer through the following details:

Company Address : Unit 3405 34/F Raffles Corporate Center, F. Ortigas Jr. Avenue Ortigas Center, Pasig City, Philippines

Contact Number : 09171393440 / 09209041303

Email Address : [email protected] and [email protected]

You may also lodge a complaint in the National Privacy Commission (NPC). For further details please refer to the NPC website: https://privacy.gov.ph

VIII.Consent

I have read this form and understand its content and voluntarily give my consent for the collection, use, processing, storage and retention of my personal data or information Forbes Lending Solutions Corporation for the purpose(s) described in this document. I also understand that my consent does not prevent the existence of other criteria for lawful processing of personal data and does not waive any of my rights under RA 10173 – Data Privacy Act of 2012 and other applicable laws.