Lender information
The loan services are officially offered by Treasure Bowl Fintech Lending Corp.. As a leading financial institution, Treasure Bowl Fintech Lending Corp. is a lending entity recognized by the Securities and Exchange Commission of the Philippines and operates under the authorization and oversight of the SEC, with SEC Company Reg. No. CS201916340 and Certificate of Authorization No. 3101.
The IC Lend is operated by I.CAN CAPITAL LENDING INC., which is organized and based in the Philippines.
1. Privacy Policy
This Privacy Policy (the "Policy") outlines the practices of I.CAN CAPITAL LENDING INC. ("IC Lend", "we", "us" or "our") regarding the collection, storage, use, and protection of your Personal Information. We may update this Policy periodically to comply with applicable laws or to reflect changes in our internal policies.
By continuing to maintain your account with us or by using our services, you indicate that you have read, understood, and agreed to the collection, storage, use, and sharing of your Personal Information as described in this Policy.
"Applicable Law" refers to all laws, regulations, and guidelines in the Republic of the Philippines related to personal information, privacy rights, data privacy, information security, and similar matters, including the Data Privacy Act of 2012 (Republic Act No. 10173), as amended from time to time.
2. Utilization of Personal Information
We utilize your Personal Information to provide you with an accessible online platform that can be reached anytime and anywhere, specifically for the pre-screening of borrowers. Additionally, we use your information to: (a) communicate relevant products and updates to you; and (b) process data for statistical analysis and research purposes.
In certain circumstances, we may need to disclose your Personal Information to meet legal obligations or processes, such as responding to a court order, fulfilling legal requirements, or preventing potential harm to public safety or order. We may also share your information with credit information agencies, banks, credit bureaus (including the Credit Information Corporation established under Republic Act No. 9510), and credit protection providers to generate reports related to basic credit data, payment histories, and default accounts.
Your Personal Information may be shared with our affiliates, or we may outsource the processing to third-party vendors, service providers, or partners to achieve the aforementioned purposes. These third parties are only permitted to use your Personal Information for the contracted purposes and will have access for a limited duration under appropriate contractual and technical safeguards.
We assure you that your consent will be sought before we use, process, or share your Personal Information for any other purpose, in compliance with current data protection policies and agreements, as outlined in the Data Privacy Act of 2012 and its implementing regulations.
How IC Lend Collects and Processes Information?
IC Lend requires clients/data subjects to complete an online registration form. Our technical support team then verifies these applications to categorize them as either active/verified or inactive/unverified. Unverified accounts are segregated and anonymized after 365 days, while the information of other unverified applicants is deleted and removed from IC Lend's database.
The information collected, processed, and stored is used to analyze salary ranges, demographic details, and other pertinent data necessary for loan approval and processing for applicants/clients/data subjects. No information is disclosed to any third party during the verification process, throughout the execution, or for the duration of the loan contract with the applicant/client/data subject.
If personal or sensitive information needs to be disclosed for legitimate purposes to partner banks or financial institutions, it will be governed by a specific data-sharing agreement that complies with the Data Privacy Act requirements.
All personal data is encrypted using our existing data protection technologies. Anonymized personal data is stored securely for a maximum of five years. IC Lend may collaborate with third-party technology or service providers for these purposes, adhering to all relevant data privacy and protection regulations.
3. Core Privacy Commitments
We adhere to the following fundamental privacy principles:
(a) Clarity and Openness
We are committed to keeping you well-informed in straightforward language about how your Personal Information is processed. This includes the purpose, scope, potential risks, safeguards in place, your rights as a data subject, and how you can exercise those rights. Your Personal Information will only be collected, stored, used, or shared with your explicit consent, and you have the right to refuse or revoke that consent at any time.
(b) Purposefulness
The handling of Personal Information will always be consistent with the specific purposes detailed in this Policy.
(c) Relevance and Necessity
The processing of Personal Information will be appropriate, relevant, and necessary, ensuring that it is not excessive for the purposes outlined in this Policy.
(d) Data Security
We are committed to protecting your Personal Information, maintaining its quality and accuracy through suitable security measures as required by Applicable Law and outlined in this Policy.
4. Gathering Personal Information
To provide you with our services, we collect your Personal Information. This term encompasses any data that can reasonably and directly identify an individual, whether on its own or in conjunction with other details. Examples include your name, gender, date of birth, address, phone numbers, and email.
We may ask you to keep your Personal Information up to date. If we do not receive accurate and complete information when requested, IC Lend may be unable to offer you the full range of our services.
What Information Do We Collect?
(Data Collected by IC Lend)
IC Lend collects only the information that clients provide. Throughout this Privacy Policy, we refer to this as "Information"
As a client, you are expected to provide the following details:
1. Full Name
2. Date of Birth
3. Contact Information
4. Residential Address
5. Credit Details, including bank account information, employment specifics (job title, employment status, employee ID, date of hire), government identification numbers (SSS/GSIS/TIN), and salary range
6. Demographic Information, such as gender
7. Any additional information required on our online platforms relevant to our objectives.
5. Safeguarding Personal Information
Your privacy and security are of utmost importance to us. We employ appropriate safeguards to protect your Personal Information, ensuring privacy and preventing loss or unauthorized access, in compliance with Applicable Law.
We have implemented reasonable and effective security measures, utilizing physical, electronic, and procedural safeguards to protect Personal Information. Our systems are supported by secure servers equipped with firewalls, encryption, and other security controls. All data transmitted through our website is encrypted using Secure Sockets Layer (SSL) technology, preventing interception or unauthorized access during transmission. We also maintain an internal protocol for the regular review of our information collection, storage, and processing practices, including physical security measures, to guard against unauthorized access, alteration, disclosure, or destruction.
Access to your Personal Information is restricted to authorized personnel who are required to maintain the highest level of confidentiality. These individuals are bound by contractual obligations to act appropriately and are subject to technical controls. They will be held accountable for any failure to comply with these requirements.
We do not sell or trade your Personal Information for any purpose outside those outlined in this Policy. Any sharing or disclosure of Personal Information will strictly adhere to this Policy, the Data Privacy Act of 2012, and its implementing regulations and other relevant laws.
Your Personal Information will be retained in our records or systems only for as long as necessary to fulfill the purpose for which it was collected or as required for business, tax, or legal purposes. We take appropriate measures to safeguard your Personal Information when it is time to dispose of it.
6. Updates and Revisions to This Policy
The Privacy Policy of IC Lend may be updated periodically. We encourage you to regularly review this statement on our website and at our principal place of business to stay informed about our latest privacy practices. This policy was last revised in March 2025.
By visiting our website/online platform and/or submitting the required information in our online forms, the client/data subject expressly consents to the processing, collection, controlled disclosure, and use of their personal information in accordance with this Privacy Policy.
7. Data Subject Rights
At IC Lend, we are committed to ensuring that you are fully informed of your data protection rights. Every client/data subject is entitled to the following rights:
Right to Access: Clients/data subjects have the right to request copies of the personal data they have provided and that we have collected through this platform. A small fee may be charged for this service.
Right to Rectification: Clients/data subjects can request that IC Lend correct any inaccurate information. You also have the right to request that we complete any incomplete information.
Right to Erasure: Under certain conditions, clients/data subjects have the right to request the deletion of their personal data held by IC Lend.
Right to Restrict Processing: Clients/data subjects can request that IC Lend limit the processing of their personal data under specific circumstances.
Right to Object to Processing: Clients/data subjects have the right to object to the processing of their personal data by IC Lend under certain conditions.
Right to Data Portability: Clients/data subjects can request that IC Lend transfer their collected data to another organization or directly to themselves, under certain circumstances.
8. Customer Support
If you require further assistance with our product, please reach out to us at [email protected]. Our customer support team will respond as quickly as possible.
