CAR4LOAN PRIVACY POLICY

To process your vehicle-backed loan applications safely, we collect the following information:

• Identity Data: Full name, valid government-issued ID (International Passport, Driver's License, NIN), and clear photographs.

• Verification Data: Bank Verification Number (BVN) and Bank Account Details — strictly used to verify your identity and prevent identity theft/fraud.

• Asset Data: Vehicle proof of ownership, vehicle registration documents, insurance papers, and physical vehicle inspection data.

• Contact Data: Phone number, physical residential/business address, and email address.

We use your data strictly for legitimate credit underwriting and legal business operations:

• To verify your identity and prevent fraudulent applications.

• To assess loan eligibility and determine vehicle value.

• To communicate loan approvals, repayment reminders, and transaction receipts.

• To comply with local regulatory obligations under Nigerian Money Lender laws.

• Strict Confidentiality: Your BVN is collected solely for mandatory identity verification through secure, encrypted verification portals.

• No Unauthorized Access: We do not store your BVN transaction passwords or PIN numbers.

• Zero Third-Party Sharing: Car4Loan will never sell, rent, or lease your personal or asset data to third-party marketing companies.

• All physical vehicle original documents are kept in off-site, high-security fireproof safes.

• Digital copies uploaded via car4loan.com.ng are protected using Secure Socket Layer (SSL) encryption protocol to prevent data breaches.

• We retain your personal data only for as long as your loan contract is active or as legally required under Nigerian financial record-keeping laws.

• Upon full repayment and vehicle redemption, your files are archived safely according to regulatory standards.