If after reading this notice you have questions, please contact us at:
(02) 8282 8686 or email our Data Protection Officer at:
dpo@welcomefinanceinc.com

Information we collect about you

We collect nonpublic personal information about you from the following sources:
- Information we received from your on applications and other forms.
- Information about your transaction with us.
- Information we received from third parties or entities when we conduct appropriate checks relative to your application.
- Information we received from your WELCOME FINANCE MOBILE APP.
We may disclose all of the information we collect, as described above, as permitted by law.

Parties who receive information from us

We may disclose nonpublic personal information about you to the following third parties
- Government agencies, such as Credit Information Corporation and Anti-Money Laundering Council, as mandated by law.
- Organization of financial institutions, i.e. BAP Credit Bureau, Inc.
- Affiliates of the Company that run financial businesses.
- Accredited collection agency and/or law firm in case of delinquency.

Sharing information

In compliance with the requirements of the Data Privacy Act, we would like to secure your consent on the general use and sharing of information obtained from you in the course of your transaction/s with any member of Welcome Finance, Inc. or from third parties. These data, which include your personal or sensitive personal information, may be collected, processed, stored, updated, or disclosed by WFP (i) for legitimate purposes, (ii) to implement transactions which you request, allow, or authorize, (iii) to offer and provide new or related products and services of the Welcome Finance, third parties, or Non Affiliated Third Parties and, (iv) to comply with the WFP’s internal policies and its reporting obligations to governmental authorities under applicable laws. Your consent will allow members of the Welcome Finance, Inc. to process, collect, use, store, or disclose, Share, your information to other members, to governmental authorities, and to Non Affiliated third parties, as may be necessary. Your information may continue to be collected, stored, processed and/or shared for five (5) years from the conclusion of your transactions with any member of the Welcome Finance, Inc. or until the expiration of the retention limits set by applicable law, whichever comes later.

Disclosure of information to parties that provide services with us

In order for us to conduct the business of the Company, we may disclose all of the information we collect, as described above, to other financial institutions with whom we have agreements, to other companies that perform services on our behalf, or to nonaffiliated third parties for the purposes of processing and servicing transactions that you request or authorize, so that we can provide you competitive products and services. We may also disclose nonpublic personal information about you under circumstances as permitted or required by law. These disclosures typically include information to process your transactions on your behalf, conduct the operations of our Company, and follow your instructions as you authorize, or protect the security of our financial records. To protect our privacy policy, we only work with companies that agree to maintain strong confidentiality protections and limit the use of information we provide. We do not permit these companies to sell the information we provide to other third parties.

Disclosure of information about former clients

If you terminate your account with Welcome Finance, Inc., we will not share information we have collected about you, except as may be permitted or required by law.

How we prorect your information

We restrict access to nonpublic personal information about you to any persons that may not be authorized by you and our Management. We maintain physical, electronic, or security measures that comply with the Data Privacy Act to guard your nonpublic personal information.

Retention period of your information

We will hold your nonpublic personal information under our custody for five (5) years from the date of termination of your account consistent with Rule 9.B of 2016 Implementing Rules and Regulations of RA 9160, As Amended, except when you are subject of a case where your nonpublic personal information must be retained and safely kept beyond the five-year period until it is officially confirmed by the AMLC Secretariat.