Effective Date: 03/05/2026
LoanFit (“we”, “our”, or “us”) operates the LoanFit mobile application. This Privacy Policy explains how we collect, use, and protect your information when you use our app, including AI-powered features and subscription services.
We may collect the following:
Email address (for login and account identification)
User profile data (if provided)
App usage (features used, interactions)
Device information (device type, OS version)
Data entered by users (income, loan amount, EMI, etc.)
⚠️ This data is used only for calculation purposes and is not verified.
We use collected data to:
Provide EMI and loan eligibility calculations
Enable AI chatbot responses
Improve app performance and user experience
Manage subscriptions and premium features
Provide customer support
LoanFit includes an AI-powered chatbot for financial guidance.
AI responses are generated automatically based on user inputs
Responses are for informational purposes only
AI may not always be accurate or up-to-date
Users should not rely solely on AI for financial decisions
We do not guarantee the correctness of AI-generated content.
LoanFit offers optional premium subscriptions:
Monthly and yearly plans
Introductory pricing may be offered
Subscriptions are managed via Google Play
Payments are processed securely by Google
Subscriptions auto-renew unless canceled
Users can cancel anytime via Google Play account settings
We do not store your payment details (e.g., card information).
We do not sell or rent your personal data.
We may share data with:
Google Play Services (for billing and subscriptions)
Analytics providers (for app performance improvement)
All third-party services follow their own privacy policies.
We implement reasonable security measures to protect your data.
However, no system is completely secure, and we cannot guarantee absolute security.
We retain your data only as long as necessary to:
Provide app functionality
Comply with legal obligations
Users may request deletion of their data by contacting us.
You have the right to:
Access your data
Request correction
Request deletion
Contact us for any such requests.
LoanFit is not intended for users under the age of 13.
We do not knowingly collect data from children.
We may update this Privacy Policy from time to time.
Users are advised to review it periodically.
If you have any questions, contact us at:
📧 techypvk@gmail.com
LoanFit is a financial calculator tool and does not provide loans or financial services.
All calculations and AI-generated responses are for estimation and informational purposes only and should not be considered financial advice.