Last Updated: May 11, 2026 · Effective: May 11, 2026
Plain language summary: HoneyDebt is built on a foundation of privacy. We collect only what is necessary to provide the service. We do not sell your personal data. We do not share your financial information with any third party for advertising purposes. Your financial inputs are processed on your device wherever possible.
HoneyDebt ("we," "us," or "our") is a financial clarity platform that helps individuals understand loan affordability and make informed borrowing decisions. We operate the HoneyDebt mobile application (iOS and Android) and the website at honeydebt.com.
This Privacy Policy explains how we collect, use, store, and protect your information when you use our services. By using HoneyDebt, you agree to the practices described in this policy.
For privacy-related queries: privacy@honeydebt.com
To use HoneyDebt, you may provide the following:
All financial inputs you provide are used solely to calculate and display personalised results. These are not shared with any lender, financial institution, or advertiser without your explicit consent.
We never collect: biometric data, contact lists, SMS or call logs, UPI PINs, net banking credentials, Aadhaar numbers, PAN card numbers, credit scores from bureaus, or any government-issued identification — unless explicitly required by a specific service you opt into and consent to.
We use your information to:
We do not use your financial data for advertising profiling, credit scoring by third parties, or any purpose beyond providing you with financial clarity.
HoneyDebt uses Google Gemini AI to generate personalised loan verdict explanations and financial analysis. When you request an AI-powered analysis:
HoneyDebt is a financial clarity and education platform. We may, from time to time, expand our services to include features that help you explore and compare financial products available in the market.
We may display information about financial products (such as loans) from various providers for informational and comparison purposes. Such display does not constitute an endorsement, recommendation, or guarantee of any financial product or provider.
If you choose to use any feature that connects you with a third-party financial service provider or institution:
Any interaction you have with a third-party financial service provider through or via HoneyDebt is subject to that provider's own privacy policy and terms of service. HoneyDebt is not responsible for the data practices of third-party providers. We encourage you to review the privacy policies of any financial institution or provider you engage with.
We will never share your financial information, contact details, or any personal data with lenders, banks, NBFCs, or any financial institution without your explicit prior consent for that specific purpose.
We work with trusted technology service providers who assist us in operating our platform. These include:
All service providers are bound by contractual obligations to use your data only as necessary to provide services to us, and not for their own commercial purposes.
We may disclose your information when required by applicable law, court order, or governmental authority, or when we believe in good faith that disclosure is necessary to protect the rights, property, or safety of HoneyDebt, our users, or the public.
In the event of a merger, acquisition, restructuring, or sale of all or a portion of our assets, your information may be transferred as part of that transaction. We will provide notice via the app or your registered email before your information becomes subject to a materially different privacy policy.
We may share anonymised, aggregated, and de-identified data (which cannot reasonably be used to identify you) for research, industry analysis, or to improve financial literacy resources in India.
Financial inputs you enter in the calculator are processed locally on your device and are not transmitted to our servers unless you choose to save a scenario while signed in.
Saved scenarios and account information are stored securely using Google Firebase, protected by industry-standard encryption in transit (TLS) and at rest.
We implement appropriate technical and organisational measures to protect your personal data against unauthorised access, alteration, disclosure, or destruction. However, no method of transmission over the internet or electronic storage is completely secure.
We retain your data only for as long as necessary to provide the service or as required by law. You may request deletion of your account and associated data at any time.
Under the Digital Personal Data Protection Act, 2023 (India) and applicable laws, you have the right to:
To exercise any of these rights, contact us at privacy@honeydebt.com. We will respond within 30 days.
You may also delete your account and all associated data directly from the app: Settings → Delete My Data.
HoneyDebt is not directed at individuals under the age of 18. We do not knowingly collect personal information from minors. If we become aware that we have collected personal data from a person under 18 without appropriate parental consent, we will take steps to delete that information promptly.
If you believe a minor has provided us with personal information, please contact us at privacy@honeydebt.com.
We may update this Privacy Policy from time to time to reflect changes in our practices, technology, legal requirements, or other factors. When we make material changes, we will:
Your continued use of HoneyDebt after any changes constitutes your acceptance of the updated policy. We encourage you to review this policy periodically.
For any privacy-related questions, concerns, or requests, please contact our Privacy Team:
We are committed to resolving privacy concerns fairly and transparently. If you are not satisfied with our response, you may contact the Data Protection Board of India.