Privacy Policy

1. Introduction

Welcome to EMI Locker ("we," "our," or "us"). We are committed to protecting your personal information and your right to privacy. If you have any questions or concerns about our policy, or our treatment of your personal information, please contact us at legal@emilocker.com.

This Privacy Policy applies to all information collected through our website (www.emilocker.com), mobile application, and any related services.

2. Information We Collect

We collect several types of information to provide and improve our services to you:

Personal Identification Information

We collect information that you voluntarily provide to us when you register for an account, express an interest in obtaining information about us or our products, or when you contact us.

• Name and Contact Data (Email, Phone Number, Mailing Address).
• Account Credentials (Username, Encrypted Password).
• Profile Data (Profile picture, Bio).

Financial Information

To facilitate rate protection, we require access to your loan details via secure third-party APIs (Plaid, Teller, or direct bank integration). This includes:

• Outstanding Loan Balance.
• Current Interest Rate.
• EMI Amount.
• Lender Name.

Note: EMI Locker operates on a "Read-Only" basis. We cannot move funds out of your account.

Technical Data

We automatically collect technical data when you visit our App/Website:

• IP Address, Browser Type, Device Information.
• Pages visited and time spent.
• Crash reports and system performance data.

3. How We Use Your Data

We use the collected data for various purposes:

• To provide and maintain our service: To monitor your loan interest rates and execute smart contracts.
• To manage your account: To register you as a user and manage your subscription.
• To communicate with you: To send you updates about rate changes, security alerts, and support tickets.
• To analyze usage: To improve our algorithms and user experience.

4. Data Sharing

We do not sell your personal data. We may share your data only in the following circumstances:

• With Service Providers: We may employ third-party companies to facilitate our Service (e.g., AWS for hosting, Stripe for payments). These third parties have access to your Personal Data only to perform specific tasks on our behalf.
• For Business Transfers: In the event of a merger, acquisition, or sale of assets, your data may be transferred.
• Legal Requirements: We may disclose information where we believe it is necessary to investigate, prevent, or take action regarding illegal activities, fraud, or potential threats to the safety of any person.

5. Data Security

We value your trust in providing us your Personal Information, thus we are striving to use commercially acceptable means of protecting it. But remember that no method of transmission over the Internet is 100% secure.

Measures we take include:

• Encryption: All data is encrypted at rest using AES-256 and in transit using TLS 1.3.
• Access Control: Strict access controls for our employees. Only authorized personnel have access to personal data.
• Audits: We undergo regular security audits and penetration testing.

6. Your Rights

Depending on your location (GDPR in EU, CCPA in California), you may have the following rights:

• Access: Request a copy of your personal data.
• Rectification: Request correction of inaccurate data.
• Erasure: Request deletion of your personal data (Right to be forgotten).
• Objection: Object to processing of your personal data.

To exercise these rights, please contact us at legal@emilocker.com. We will respond within 30 days.

7. Cookies

We use cookies and similar tracking technologies to track the activity on our Service and hold certain information.

Cookies are files with a small amount of data which may include an anonymous unique identifier. You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent.

8. Contact Us

If you have any questions about this Privacy Policy, please contact us: