But the trick is addressing the nuances that make your app/service different from the rest in a proper legal document that protects your business from liability and builds trust with your users (by spelling out what exactly you do with their data).
By not doing that property–yes, it is possible that you might make your business open to some legal ramifications.
An alternative approach you can take try your best to draft up up the basics in the ToS & PP and then pass it off to a startup lawyer who will review it and update all the hard stuff. We happen to offer to offer that service (among others) atso your costs aren’t as high.
Hope you figure this out soon! Feel free to reach out if you’re still confused.