Account Deletion for FastFund App
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Deletion
Tips
1. Deleting an account is an irreversible operation. After deleting all data information, your
credit limit and discount services will be deleted.
2.
Data Erasure & Retention Statement of FastFund Account Deletion
3. Deletion Process Instructions:
Step 1
The user must enter the mobile phone number registered with FastFund and the SMS verification code, then submit the deletion request.
Step 2
The FastFund server will verify the account and return the processing result. The verification details and outcomes include:
1) If no account is registered under the provided mobile number in FastFund, the deletion will fail.
2) If the account currently has active loans or orders under review, the deletion will fail.
3) If neither of the above conditions applies, the account will be successfully deleted.
The user must enter the mobile phone number registered with FastFund and the SMS verification code, then submit the deletion request.
Step 2
The FastFund server will verify the account and return the processing result. The verification details and outcomes include:
1) If no account is registered under the provided mobile number in FastFund, the deletion will fail.
2) If the account currently has active loans or orders under review, the deletion will fail.
3) If neither of the above conditions applies, the account will be successfully deleted.
Deletion Successfully
Deletion can only be done after ALL loans are
repaid.
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FastFund Account Deletion
Data Erasure & Retention Statement
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
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