🏢 Operator: XXX ZAMBIA LIMITED
📜 Regulation: Data Protection Act No. 4 of 2021, Zambia

Welcome to SwiftLoan, a digital lending platform dedicated to providing convenient and accessible micro-loan services to individuals in Zambia.

This Privacy Policy explains how SwiftLoan collects, processes, stores, and protects your personal information when you download, register, access, or use our mobile application and related services.

SwiftLoan respects your privacy and is committed to protecting your personal information in accordance with the Data Protection Act No. 4 of 2021 of the Laws of Zambia and applicable data protection requirements.

To provide accurate credit assessment, prevent financial fraud, and deliver reliable loan services, SwiftLoan may collect and process certain information from you. We apply strict security controls and industry-standard protection measures to ensure your personal data remains confidential and secure.

By using SwiftLoan services, you acknowledge and agree to the collection and processing of information as described in this Privacy Policy.

Table of Contents

  1. 1
    Information We Collect and How We Use It
  2. 2
    Purpose of Data Processing
  3. 3
    Data Security and Protection
  4. 4
    Information Sharing and Disclosure
  5. 5
    Data Storage, Retention, and Deletion Rights
  6. 6
    User Consent and Privacy Choices
  7. 7
    Updates to This Privacy Policy
  8. 8
    Contact Us

1 Information We Collect and How We Use It

To provide lending services and improve risk assessment accuracy, SwiftLoan may collect the following categories of information:

1.1 SMS Information

With your permission, SwiftLoan may collect limited SMS information related to financial activities. The information collected may include:

  • Transaction-related messages
  • Mobile money payment records
  • Loan repayment notifications
  • Banking-related transaction details

SwiftLoan only analyzes financial-related SMS information necessary for credit evaluation and risk management purposes. We do not collect or process personal conversations, private messages, or unrelated SMS content.

This information helps us understand your financial behavior, evaluate repayment capability, detect abnormal transactions, and reduce potential fraud risks.

All collected SMS-related data is protected through encryption during transmission and storage. SwiftLoan does not sell, rent, or share your SMS information with unauthorized third parties.

1.2 Personal and Identity Information

When applying for a loan through SwiftLoan, we may collect information necessary to verify your identity and process your application, including:

  • Full name
  • Phone number
  • Identification information
  • Residential information
  • Employment details
  • Loan application information
  • Device identification information

This information allows SwiftLoan to verify your identity, complete customer onboarding procedures, assess your credit eligibility, determine suitable loan products, and process loan approval and repayment services.

Your personal information is securely stored and processed only for legitimate business purposes related to providing financial services.

1.3 Device Information

To protect your account security and prevent unauthorized activities, SwiftLoan may collect technical information about your device, including:

  • Device model
  • Operating system information
  • Device identifier
  • Network information
  • Language settings
  • Application operating environment

Device information helps us confirm account ownership, detect suspicious access attempts, prevent fraudulent activities, and maintain application security. Collected device information is encrypted and securely transmitted to SwiftLoan's protected systems.

1.4 Installed Application Information

For security and fraud prevention purposes, SwiftLoan may collect limited information regarding applications installed on your device. This information may include:

  • Application package information
  • Application name
  • Version information
  • Installation-related details

The purpose of collecting this information is only to identify potentially risky device environments, prevent malicious activities, improve account security, and support responsible lending decisions.

SwiftLoan does not access personal content stored within your installed applications and does not share this information with unauthorized organizations.

1.5 Location Information

SwiftLoan may collect approximate location information from your device when permission is granted. Location information is used for account security verification, fraud prevention, detecting unusual login activities, and improving service reliability.

SwiftLoan only collects location data necessary for security and operational purposes and does not continuously track your precise movements.

1.6 Emergency Contact Information

During the loan application process, you may choose to provide emergency contact details. SwiftLoan only accesses contacts that you manually select and authorize. We do not automatically upload your entire contact list.

Emergency contact information may be used for identity verification, account security, and emergency communication regarding your loan service when necessary.

Your selected contact information is securely protected and will not be disclosed except where legally required.

2 Purpose of Data Processing

SwiftLoan processes your information only for specific and legitimate purposes related to providing financial services and maintaining a secure lending environment.

2.1 Identity Verification and Compliance

SwiftLoan uses personal information to verify customer identity and comply with applicable regulatory requirements, including:

  • Know Your Customer (KYC) obligations
  • Anti-Money Laundering (AML) requirements
  • Fraud prevention standards
  • Other legal and regulatory obligations applicable in Zambia

2.2 Credit Assessment and Loan Decisions

SwiftLoan analyzes relevant information to evaluate your loan application, including creditworthiness, repayment ability, financial behavior, existing financial obligations, and risk indicators. This allows us to provide appropriate loan services and make responsible lending decisions.

2.3 Fraud Detection and Account Protection

We use collected information to identify and prevent identity theft, unauthorized account access, suspicious transactions, fraudulent applications, and abuse of lending services. These measures help protect both SwiftLoan users and the integrity of our platform.

2.4 Loan Processing and Service Delivery

Your information may be used to review and approve loan applications, transfer approved loan amounts to your selected Mobile Money or bank account, manage repayment schedules, provide account notifications, and offer customer support related to your loan services.

2.5 Communication and Customer Support

SwiftLoan may contact you regarding loan application updates, repayment reminders, account notifications, service-related announcements, and customer support requests. We only use communication channels necessary to provide and maintain our services.

3 Data Security and Protection

SwiftLoan places great importance on protecting your personal information. We implement appropriate technical and organizational security measures, including:

All information transferred between your device and SwiftLoan systems is protected through secure communication protocols.

Access to personal information is limited to authorized personnel who require such information to perform legitimate business functions. These individuals are required to maintain confidentiality and comply with data protection obligations.

4 Information Sharing and Disclosure

SwiftLoan does not sell, rent, exchange, or commercially distribute your personal information. Your information will only be disclosed in limited circumstances:

4.1 Legal Requirements

SwiftLoan may disclose information when required by applicable laws and regulations, court orders, government authorities, or law enforcement agencies with proper legal authority.

4.2 Credit Reporting and Financial Compliance

Where required by applicable regulations, SwiftLoan may provide relevant information to authorized credit reference agencies or regulatory institutions for purposes including credit reporting, financial risk management, and regulatory compliance.

4.3 Service Providers

SwiftLoan may work with trusted service providers who assist with technology infrastructure, data security, payment processing, and customer service operations. Such providers are only permitted to process information according to SwiftLoan's instructions and are required to maintain appropriate confidentiality and security standards.

5 Data Storage, Retention, and Deletion Rights

SwiftLoan retains your personal information only for as long as necessary to provide lending services, maintain account records, complete financial transactions, and meet legal and regulatory obligations.

When your information is no longer required, SwiftLoan will securely delete or anonymize applicable data in accordance with relevant legal requirements.

You have the right to request access to your personal information, request correction of inaccurate information, request deletion of your information where legally permitted, and ask questions regarding how your data is processed. To submit a data-related request, please contact our support team.

6 User Consent and Privacy Choices

Before collecting information that requires permission, SwiftLoan will request your authorization through appropriate permission mechanisms.

You may choose whether to provide certain permissions. However, refusing necessary permissions may affect our ability to:

SwiftLoan only collects information required for legitimate lending and security purposes.

7 Updates to This Privacy Policy

SwiftLoan may update this Privacy Policy from time to time to reflect changes in our services, improvements to privacy practices, and updates to applicable laws and regulations.

When significant changes occur, we will update the effective date displayed in this policy. We encourage users to review this Privacy Policy periodically to understand how SwiftLoan protects personal information.

8 Contact Us

If you have questions, concerns, or requests regarding this Privacy Policy, personal information processing, or data protection matters, please contact our support team:

SwiftLoan Support & Compliance Team

We are committed to responding to privacy-related inquiries and assisting users with their data protection requests.