Privacy Policy

1. Introduction

At Klaro Budget, we take your privacy seriously. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our personal finance management application. Please read this privacy policy carefully. If you do not agree with the terms of this privacy policy, please do not access the application.

2. Information We Collect

Personal Information

We collect information you provide directly to us, such as:

• Account registration information (name, email address, password)
• Profile information and preferences
• Communication preferences and correspondence with us

Financial Information

To provide our budgeting services, we collect financial information you choose to enter, including:

• Income information and pay schedules
• Bill information and recurring expenses
• Transaction data you manually enter
• Budget categories and financial goals

Technical Information

We automatically collect certain technical information, including:

• Device information (device type, operating system, browser type)
• Usage data (features used, time spent in application)
• IP address and general location information
• Cookies and similar tracking technologies

3. How We Use Your Information

We use the information we collect to:

• Provide, maintain, and improve our budgeting services
• Process your account registration and manage your profile
• Generate budget reports and financial insights
• Send you technical notices and customer support communications
• Respond to your comments and questions
• Analyze usage patterns to improve our application
• Detect, prevent, and address technical issues and security vulnerabilities

4. Information Sharing and Disclosure

We do not sell, trade, or otherwise transfer your personal information to third parties except in the following circumstances:

Service Providers

We may share information with trusted third-party service providers who assist us in operating our application, such as cloud hosting providers and analytics services. These parties are bound by confidentiality agreements.

Legal Requirements

We may disclose information if required by law or in good faith belief that such disclosure is necessary to:

• Comply with legal obligations or court orders
• Protect our rights, property, or safety
• Protect the rights, property, or safety of our users or others

5. Data Security

We implement appropriate technical and organizational measures to protect your personal information against unauthorized access, alteration, disclosure, or destruction. These measures include:

• Encryption of data in transit and at rest
• Regular security assessments and updates
• Limited access to personal information on a need-to-know basis
• Secure data centers and infrastructure

However, no method of transmission over the internet or electronic storage is 100% secure. We cannot guarantee absolute security of your information.

6. Data Retention

We retain your personal information for as long as necessary to provide you with our services and for legitimate business purposes. When you delete your account, we will delete your personal information, except where we are required to retain it for legal or regulatory purposes.

7. Your Rights and Choices

You have the following rights regarding your personal information:

• Access: Request access to your personal information
• Update: Correct or update your personal information
• Delete: Request deletion of your personal information
• Portability: Request a copy of your data in a structured format
• Opt-out: Unsubscribe from marketing communications

To exercise these rights, please contact us at the information provided below.

8. Cookies and Tracking Technologies

We use cookies and similar tracking technologies to improve your experience and analyze how our application is used. You can control cookie settings through your browser preferences, though disabling cookies may affect the functionality of our application.

9. Third-Party Links

Our application may contain links to third-party websites or services. We are not responsible for the privacy practices of these third parties. We encourage you to review their privacy policies before providing any personal information.

10. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. We will notify you of any material changes by posting the updated policy on our website and updating the "Last updated" date. Your continued use of the application after such changes constitutes acceptance of the updated Privacy Policy.