How do money lenders in Singapore handle personal data and privacy?

At HS Credit,  we are required to handle borrowers’ personal data carefully and responsibly under the Personal Data Protection Commission’s Personal Data Protection Act (PDPA) and the regulations set by the Ministry of Law.

When you apply for a loan, a proper lenders may collect information such as your NRIC/FIN details, contact number, income documents, employment information, and bank details to assess your application. Also, as a legal money lender, we must inform you why the data is being collected and how it will be used.