Privacy Policy

How Wisdom Loans collects, uses, and protects your personal information.

Last updated: April 2026

Data Collection

We collect personal information including your name, contact details, employment information, financial data, and identity documents (Ghana Card, Staff ID) necessary to process your loan application. We also collect selfie images for identity verification purposes.

How We Use Your Data

Your data is used solely for processing loan applications, verifying your identity, assessing creditworthiness, communicating about your loan status, and meeting regulatory requirements. We do not use your data for any unauthorized purposes.

Data Security

We implement industry-standard security measures to protect your personal information. All data is encrypted during transmission and storage. Access is restricted to authorized personnel only. We regularly review and update our security practices.

Data Sharing

We do not sell your personal information to third parties. We may share data with trusted partners only when necessary for loan processing, identity verification, and regulatory compliance. All partners are bound by strict confidentiality agreements.

Data Retention

We retain your personal information for the duration of your loan relationship and for a reasonable period thereafter to comply with legal obligations. You may request deletion of your data after your loan is fully settled, subject to regulatory requirements.

Your Rights

You have the right to access, correct, or delete your personal data. You can request a copy of your data, update inaccurate information, withdraw consent for data processing, and lodge complaints with relevant data protection authorities. Contact us to exercise these rights.