About Lender

The loan services provided by Peso Breed are officially authorized by MAGICIAN OF MONEY LENDING CORP. This lending institution is recognized and regulated by the Securities and Exchange Commission of the Philippines, holding SEC Registration No. CS201918391 and Certificate of Authorization No. 3157. MAGICIAN OF MONEY LENDING CORP. is located at Chino Roces Ave. Pio Del Pilar Makati, Metro Manila, 1230 Philippines, and can be reached via email at [email protected].

Updates to the Privacy Policy

To keep up with evolving data privacy regulations and advancements in technology, we may periodically update this Privacy Policy. These updates ensure that our practices remain compliant with legal requirements and continue to provide the highest level of security for your Personal Information. We encourage you to review this policy regularly to stay informed about how your information is being handled and to ensure that you agree with any changes.

Summary and Acceptance

By using the Peso Breed mobile application (''App'') and its services (''Services''), you agree to the terms of this Privacy Policy. Accessing the Platform implies your consent to New Breed Lending Corporation (''we,'' ''our,'' ''us'') using and disclosing your personal information as outlined in this Privacy Policy, which is part of the Platform's Terms of Use.

At Peso Breed, we are deeply committed to securing and protecting your privacy. We understand that your Personal Information is important, and you have the right to know how it is collected, used, and safeguarded. This Privacy Policy outlines the methods and practices we employ to manage your Personal Information, ensuring that it remains secure and confidential.

Types of Data Collected

Peso Breed collect a range of Personal Information (PI) and Sensitive Personal Information (SPI) to ensure that our services function smoothly. Personal Information includes, but is not limited to:

- Name, date, and place of birth.

- Contact information such as phone numbers and email addresses.

- Residential and permanent addresses.

- Employment details, including employer name and nature of work.

- Financial information, such as sources of income or funds.

Sensitive Personal Information, which requires a higher level of security, includes:

- Government-issued identification numbers, such as passport numbers and national IDs.

- Biometric data, including fingerprints, facial recognition, and palm prints.

- Financial details, such as credit card information, security codes, and expiration dates.

- User credentials like usernames, passwords, and personal identification numbers (PINs).

Purpose of Collecting Personal Data

The primary reason we collect Personal Data is to facilitate your transactions and enable you to access our products and services efficiently. By collecting this data, we can:

- Enhance your overall customer experience by offering personalized services and products that align with your preferences.

- Communicate important information about products, services, and advisories that may be relevant to you.

- Display tailored advertisements on our Platform Peso Breed and other services, as well as measure the effectiveness and reach of these ads.

- Comply with legal, regulatory, and public service obligations, such as those mandated by the Bangko Sentral ng Pilipinas (BSP) and the Anti-Money Laundering Act (AMLA).

- Conduct statistical, analytical, and research activities to generate reports that help us improve our services and understand our customer base better.

In addition to the above, Peso Breed collect Personal Data to ensure we meet our legal and regulatory responsibilities. This includes complying with local and international laws and regulations, preventing fraud, and maintaining the safety and security of our services.

Methods of Data Collection

Your Personal Data is collected through various means to ensure accuracy and completeness. This includes:

- Forms filled out on our website or mobile application Peso Breed, where data is input directly by you.

- Information provided by our partners and affiliates, such as when using our services through your employer's payroll system.

- Data obtained from interactions with our customer service or through participation in surveys and feedback forms.

We strive to collect data directly from the source to maintain its integrity and reliability. In cases where data is obtained from third parties, we ensure that these sources are reputable and that the data is handled in accordance with our privacy standards.

Your Rights to Access and Correct Your Data

We respect your rights to access and correct your Personal Data. You have the right to request a copy of the data we hold about you and to ask for corrections if you believe any information is inaccurate. We are committed to addressing such requests promptly, provided there are no legal or contractual reasons preventing us from doing so.

Data Security and Retention

Protecting your Personal Data is of utmost importance to us. We implement a comprehensive set of Organizational, Physical, and Technical Security Measures to safeguard your information against misuse, unauthorized access, and loss. These measures include:

- Encryption of data both in transit and at rest to prevent unauthorized access.

- Regular security audits and updates to our systems to address potential vulnerabilities.

- Strict access controls, ensuring that only authorized personnel have access to your Personal Data.

When necessary, we may store your Personal Data with third-party data storage providers. In such cases, we ensure that these providers comply with our stringent data privacy and security standards through contractual agreements.

Your Personal Data is retained for a period of five years in compliance with BSP regulations and other legal requirements. After this retention period, the data is securely destroyed using methods that render it irretrievable and unusable.

Sharing of Personal Data

To fulfill our legal and regulatory obligations, we may need to share your Personal Data with government agencies. Additionally, with your explicit consent, we may disclose your data to our affiliates, partners, and third-party service providers for purposes such as:

- Marketing and promotional activities tailored to your interests.

- Research and analysis to improve our products and services.

- Service delivery, where external providers assist in fulfilling our contractual obligations to you.

In instances where your Personal Data is shared with third parties, we ensure that these entities are bound by Data Sharing Agreements that mandate the protection and security of your information. Furthermore, your data may be processed or stored in jurisdictions outside of the Philippines, where our affiliates and partners operate, always under stringent security protocols.

For any inquiries or concerns regarding your Personal Data, or to exercise your rights, please contact us at . Your feedback is valuable to us, and Peso Breed are here to assist you with any data privacy issues you may have.

This Privacy Policy was last updated on 20 February 2025.