Terms & Conditions Agreement · cred-IT

Part 1: Credit & Micro-Loan Regulations

Policy

1.1 Prepaid Balances: The cred-IT account functions as a closed-loop campus prepaid credit system. Balances may be topped up via authorized CICS treasurers, deposit kiosks, or verified campus points of sale.

1.2 Emergency Micro-Loans: Enrolled students in good standing are eligible to apply for emergency micro-loans (up to a maximum credit limit of ₱10.00) to cover essential printing, department fees, or canteen meals during classes.

1.3 Repayment Periods & Interest: When requesting a loan, students choose an authorized tenure of 1 to 4 calendar days. Micro-loans incur a statutory 20% daily simple interest rate. All loan balances and accrued interest must be settled on or before the generated due date.

1.4 Overdue Delinquencies & Account Holds: Failure to settle outstanding balances upon maturity will result in automated suspension of RFID campus charging privileges and hold tags on clearance documents until the balance is fully settled.

1.5 Student Ledger Responsibility: Students are responsible for verifying their transaction logs and remaining balances via the cred-IT dashboard. Failure to receive electronic notifications does not absolve overdue obligations.

— End of Part 1: Credit & Micro-Loans —

I have read, understood, and agree to the Credit & Micro-Loan Regulations.

Part 2: RFID Smart Card & PIN Security

Security

2.1 Non-Transferable Physical Card: Your RFID student identification card is exclusively tied to your student profile. Lending, transferring, or allowing third parties to tap your card at campus terminals is strictly prohibited.

2.2 PIN Confidentiality: Your 4-digit transaction PIN is your electronic signature for all purchases. You are strictly responsible for preserving PIN secrecy. Do not write your PIN on your card or share it with others.

2.3 Immediate Lost Card Notification: In case of card loss, theft, or physical damage, the student must immediately trigger an emergency card freeze via their student portal or report in person to the CICS Office.

2.4 Unauthorized Card Duplication: Any attempt to sniff, clone, duplicate, or tamper with the RFID chip data or NFC communications constitutes a major institutional disciplinary violation.

2.5 Device Hardware Protection: Students must exercise reasonable care with campus readers and terminals. Intentional abuse or vandalism of terminal hardware will incur disciplinary sanctions.

— End of Part 2: RFID Card & PIN Security —

I have read, understood, and agree to the RFID Card & PIN Security Policy.

Part 3: Data Privacy & Registration Consent

Data Privacy

3.1 Legitimate Educational Purpose: All collected student records, personal information, ID card photographs, and financial ledgers are utilized exclusively for identity validation and financial processing under RA 10173 (Data Privacy Act of 2012).

3.2 Information Accuracy: You certify that all submitted names, student IDs, birthdates, and contact details are truthful and match your official university enrollment records.

3.3 ID Verification & Admin Review: Uploaded ID photos are analyzed automatically for authenticity and sharpness before being reviewed by CICS administrators. False representation or uploading fraudulent documents will void account eligibility.

3.4 Automated Communications: By registering, you authorize cred-IT to transmit administrative notices, temporary security credentials, and transaction receipts to your declared email address.

3.5 Final Binding Covenant: By completing this step and proceeding to registration, you solemnly agree to adhere to all terms, operating guidelines, and data policies governing the cred-IT system.

— End of Part 3: Data Privacy & Registration Consent —

I acknowledge Data Privacy, and I give full consent and agreement to all cred-IT Policies.