We DO NOT Access Your Phone Contacts
In light of recent reports about certain unauthorized digital lending apps, we wish to clearly distinguish ourselves from such platforms and reaffirm our ethical and regulatory commitments.
Some instant loan apps have come under scrutiny for alleged irregularities in both their lending and recovery processes. According to media reports, these apps often operate without proper registration, offer quick loans through unauthorized channels, and resort to coercive and unethical recovery practices, including unauthorized access to borrowers’ mobile data and contact lists.
FlexiFunds is NOT associated with such apps or practices.
We are a duly registered Non-Banking Financial Company (NBFC) under the Reserve Bank of India (RBI) and strictly adhere to all applicable guidelines and regulations. Furthermore, we voluntarily uphold higher standards through self-regulation to ensure responsible and ethical lending.
Our Ethical Lending and Recovery Commitments
1. Responsible Lending:
We offer loans only after evaluating a borrower’s capacity to repay, using robust algorithms and credit assessment models.
2. Ethical Recovery Process:
We do not engage in any high-handed or aggressive recovery methods. Instead, we maintain a respectful and cooperative approach with all our customers, especially during times of financial distress.
3. Data Privacy First:
We do NOT access, read, or store your phone contacts through our app or website. Therefore, there is no possibility of misuse or harassment involving your personal contact list.
At FlexiFunds, our mission is to support individuals during financial emergencies by providing short-term loans ethically, transparently, and in full compliance with RBI guidelines.
We remain committed to maintaining the highest standards of privacy, trust, and service quality, and we strongly discourage any unauthorized app or entity that misuses customer data or tarnishes the credibility of the digital lending ecosystem.
Sincerely,
AGF Finlease India Ltd
+91-9821666805