Our NBFI is committed to respect your rights to privacy and to protection of your personal data as well as ensuring confidentiality as first prioritize.
1.The Borrower authorizes Ikh Mongol Credit NBFI LLC to use any information provided by the Borrower for the following purposes in connection with whether to open a Loan and to resolve a loan application. These include:
- Automatic entry of information in the terms of the loan agreement;
- Download the credit history from the Credit Information Database using its registration number in order to set the loan score and monitor the normal repayment of the loan;
- Access history and loan repayments are kept in the system in order to improve the customer's credit score;
- Conduct market research to improve service quality and conditions;
2. In addition to the provisions of paragraph 1 of this Article, the Client agrees to use the information provided by the Client in order to determine whether it meets the updated requirements in the event of changes or changes in the Client's requirements.
3. Information Collection and Use - For a better experience, while using our Service, we may require you to provide us with certain personally identifiable information, including but not limited to Location. The information that we request will be retained by us and used as described in this privacy policy.
4. Ikh Mongol Credit NBFI LLC strictly maintains the confidentiality of customer information and strictly prohibits the disclosure of such information to others, as well as its use for purposes other than those specified in paragraphs 1 and 2.
5. In accordance with the laws of Mongolia, the competent authority
shall not be obliged to keep confidential information that is required by law to disclose any information related to the relationship between the parties or the other party, or which is prohibited by law.