Privacy Policy

This is the 5 Mins Loan Personal Data Protection Policy (“Personal Data Protection Policy”). This document aims to inform you of how 5 Mins Loan collects, uses, and discloses your Personal Data, which is subject to the Singapore Personal Data Protection Act (No. 26 of 2012).

When you provide information to us, or apply for our loan matching service, view or otherwise explore the service provided by us (the “Service”), you agree and provide consent to 5 Mins Loan to disclose your personal data to our authorised service providers, credit bureau, licensed under Registry of Moneylenders and relevant third parties in the manner set forth in this Personal Data Protection Policy.

5 Mins Loan may provide updates on this Personal Data Protection Policy to make sure that it aligns with industry trends and/or any changes in legal or regulatory requirements. Subject to your rights at law, you agree to be bound by the prevailing terms of the Personal Data Protection Policy as updated from time to time on our website https://5mins.loan/.

In this Personal Data Protection Policy, “Personal Data” is any data, whether true or not, about an individual who can be identified (a) from that data; or (b) from that data and other information to which we have or are likely to have access, including data in our records as may be updated from time to time.

Examples of such Personal Data you may provide to us include your name, telephone numbers, email address, network data and any other information relating to any individuals which you have provided us in any forms you may have submitted to us, or via other forms of interaction with you.

Generally, 5 Mins Loan collects Personal Data, either directly from you or from your authorised representatives (i.e. persons whom you have authorised, persons who have been validly identified as being you or your authorised representative pursuant to our then-current security procedures), from third parties, or from publicly available sources or through our website in the following ways:

(i) when you submit a form or any other forms within our website or provided by us

(ii) when you use certain features on our website or use our website in general

(iii) when you submit inquiries to us or request to contact you

(iv) when you report any problem to us

If you supply us with any Personal Data relating to a third party (e.g. information of your spouse, children, parents, and/or employees), by providing such information to us, you represent to us that you have obtained the consent of the third party to provide us with their Personal Data for the respective purposes.

You should ensure that all Personal Data provided to us is complete, accurate, true, and correct. Failure on your part to do so may result in our inability to provide you with the Service you have requested.

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5 Mins Loan collects, may use and disclose your Personal Data for the following purposes:

(i) Responding to your request, queries, feedback or suggestions ;

(ii) Providing necessary information to our partner financial institutions including licensed moneylenders and banks ;

(iii) Providing necessary information to persons whom we are required to make a disclosure to comply with any applicable rules, laws, and regulations, codes of practice or guidelines or to assist in law enforcement and investigations by relevant authorities;

(iv)Any other purpose relating to any of the above;

In relation to our loan matching service or in your interactions with us, we will use and disclose your Personal Data for these additional purposes as well, unless we have specifically notified you otherwise.

Our site is using cookies especially when you are interacting with us, the main purpose is to recognise you as a different user from others to provide an ideal user experience and improvement on our website. Through cookies, when you visit our website we automatically receive and record information on our server logs from your browser. These cookies are also added to recognise if you are a unique or a returning visitor including, without limitation, monitoring information relating to how a visitor arrives at the website, what kind of browser a visitor on, what operating system a visitor is using a visitor’s IP address, and a visitor’s clickstream information and time stamp (for example, which pages they have viewed, the time the pages were accessed and the time spent per web page)

A cookie is a small text file that we store on your browser or the hard drive of your computer if you agree to the use of cookies. Cookies contain information that is transferred to your computer’s hard drive. All web-browser offers the option to refuse the cookie, and if you refuse our cookie then we do not gather any information on that visitor.

Should you wish to disable the cookies associated with these technologies, you may do so by changing the setting on your browser. However, you may not be able to enter certain part(s) of our website

We value your trust in providing us your Personal data, thus we are striving to use commercially acceptable means of protecting it. All information you provide to us is stored on our secure servers. Please remember that no method of transmission over the internet, or method of electronic storage is 100% secure and reliable, and we cannot guarantee its absolute security.

We may amend, vary, or change this privacy policy from time to time in our sole discretion without prior notice, and we will post the updated privacy policy on our Website. By continuing to use our Wesbite after the changes come into effect, you agree to be bound by the revised privacy policy.

You may contact us for the following purposes:
(i) if you have queries, comments, or requests regarding your personal data or our Data Protection Policy

(ii) if you would like to withdraw your consent to use your personal data

(iii) if you would like to access or make necessary corrections to your personal data

Please contact us at [email protected].

This Personal Data Protection Policy and your use of this website shall be governed in all respects by the laws of Singapore.