1. Data Erasure
Upon user-initiated account deletion, FastFund will permanently
remove the following data:
✓ Personal information (loan purpose, name, marital status,
education level, phone number, email address)
✓ Contact information, device information, application list,
advertising identifier, and approximate location information
✓ User behavior information and behavioral analytics
2. Legally Mandated Data Retention
The following data categories will be preserved in compliance with
statutory requirements:
✓ Financial transaction archives (maintained for fraud prevention
and regulatory audits)
✓ Loan repayment chronologies (retained to satisfy credit reporting
mandates)
✓ Evidentiary materials pertaining to active litigation or official
investigations
3. Retention Timeline
Pursuant to Section 2.8 of the Nigerian Data Protection Regulation
(NDPR) and Central Bank of Nigeria (CBN) guidelines, all retained
data will be securely maintained for a 60-month (5-year) period
commencing from the account deletion date