18. Data Retention Policy

Last Updated: [Date]

Data Retention Policy

At Wedifolio, we retain personal data only as long as necessary to fulfill the purposes for which it was collected, including legal, accounting, or reporting requirements.

Retention Periods:

• User Accounts: We retain user account information for as long as the account is active or as needed to provide services.
• Transaction Data: We retain transaction data for a period of [number] years for tax, legal, and audit purposes.
• Marketing Data: We retain marketing data until the user opts out of receiving marketing communications.

Data Deletion:

Users may request the deletion of their personal data by contacting us at [your email]. We will process such requests in accordance with applicable laws.

Some data may be retained for a limited period to comply with legal obligations or resolve disputes.

Backup and Recovery:

Data stored in backups will be securely retained and deleted in accordance with our data retention schedule.

For more details on how we handle your personal data, please refer to our Privacy Policy.