1. Introduction
Interest Lab V3 (“the App”) is an educational finance calculator designed to help users understand interest, compounding, and investment growth. The App does not provide financial advice and is not regulated by the FCA.
This Privacy Policy explains how the App handles your information. We are committed to protecting your privacy and being transparent about our data practices.
2. What the App Does
The App allows users to:
- Run interest and compounding calculations
- Explore hypothetical financial scenarios
- Learn how interest works in a safe, offline environment
The App does not:
- Collect personal data
- Store user information
- Track user behaviour
- Require login or account creation
- Access financial accounts or sensitive data
3. Data Collection
Interest Lab V3 does not collect, store, transmit, or process any personal data. All calculations are performed locally on your device.
The App does not use analytics, crash reporting, or tracking technologies.
4. Third‑Party Services (AdMob)
The App uses Google AdMob to display advertisements. While the App itself collects no data, AdMob may collect device identifiers, approximate location, and ad interaction data.
AdMob’s data practices are governed by Google’s Privacy Policy:
https://policies.google.com/privacy
App Tracking Transparency (iOS)
On supported iOS devices, the App may request permission through Apple’s App Tracking Transparency (ATT) framework. If you decline, ads may still be shown but will be less personalised.
EU/UK GDPR Compliance
Users in the UK and EU may be shown a consent form before personalised ads are displayed. You may withdraw consent at any time through your device settings.
5. Children’s Privacy
The App is intended for a general audience and is not directed toward children under 13. We do not knowingly collect personal data from children.
For users in the UK/EU, the App does not knowingly collect personal data from children under 16.
6. Data Storage
The App does not store any personal data on servers. Any data generated within the App (such as calculations) remains on your device and never leaves it.
7. Security
Although the App does not collect personal data, we take reasonable steps to ensure the App remains secure and free from malicious behaviour.
8. No Financial Advice
Interest Lab V3 is an educational tool only. It does not provide financial, investment, tax, or legal advice. You are solely responsible for any decisions made based on the App’s outputs.
9. Not FCA‑Regulated
Interest Lab V3 is not authorised or regulated by the Financial Conduct Authority (FCA).
10. Changes to This Policy
We may update this Privacy Policy from time to time. Changes will be posted within the App or on our website.
11. Contact
If you have questions about this Privacy Policy, you may contact us at:
Email: interestlab@mail.co.uk