Who we are
Loan.co.uk is a registered Trading Name of Loan.co.uk Limited ("the Company"), a firm registered in England and Wales (Company Number 05455171), which is authorised by the Financial Conduct Authority and is entered on the Financial Services Register (Reference Number: 718486). Registered Address: 46 Alexander St., Southend on Sea, Essex SS1 1BJ
The policy has also been written to meet the requirements of the UK's Data Protection Act 1998, (the "Act"). Loan.co.uk Limited is registered with the Information Commissioner's Office (ICO) under reference number: ZA232696
How we collect your information
We may obtain information from you through our websites, mobile applications or other similar devices, channels or applications operated by or on behalf of any of the trading names listed here.
Information we may collect from you
We will only collect the necessary information from you that we will need to provide you with our credit broker service. We may collect and process the following information about you:
- Directly from you, via our application form or any other online forms on this or any other of our websites, such as: Name, E-mail address, Home address and residential status, telephone numbers, date of birth, the name and contact details of your employer, income details, including your pay dates, bank account details;
- correspondence, or a record of it if you should contact us, together with your contact details and our responses;
- surveys that we use for research purposes, which we have asked you to complete (although you do not have to respond to them);
- details of your visits to our Sites (including, but not limited to, traffic data, location data, weblogs and other communication data, whether this is required for our own billing purposes or otherwise) and the resources that you access; and
- information from third parties in respect of you which may include your employer, a referee or a person residing or working from another country.
How we use your information
We use information held about you in the following ways:
- To process and submit your Application Form to lenders and credit brokers to apply for the funds you have requested;
- to provide you with the best possible service;
- to ensure that content from our websites is presented in the most effective manner for you and for your computer;
- to notify you about changes to our products and services;
Sharing your information with third parties
In addition to the above, we may disclose your personal information to third parties:
- to prepare or send any communications to you, or to assist us in connection with any of our administrative or business functions, or in the provision of any of our services to you;
- to our agents, staff and approved third parties to carry out services for us;
- if the Company or substantially any of its assets, are acquired by a third party, in which case personal data held by us about our customers will be one of the transferred assets;
- In order to enforce or apply our Website Terms and Conditions of Use and other agreements; or to protect the rights, property, or safety of the Company, our customers, or others. This includes exchanging information with other companies and organisations for the purposes of fraud protection and credit risk reduction.
Where permitted by data protection and privacy law, we may disclose information
about you, including electronic identifiers (such as IP addresses) and/or access to
a. If required or permitted to do so by law;
b. If required to do so by any court, the Financial Conduct Authority, the Competition and Markets Authority, the Information Commissioners Office or any other applicable regulatory, compliance, Government, or law enforcement agency;
c. If necessary, in connection with legal proceedings or potential legal proceedings. We may also share your details with members of our affiliated companies who may use your information for the purposes detailed in this Policy.
Use of your information outside of the UK
Some companies within our affiliated companies may be located outside of the UK, therefore it is sometimes necessary for the Company to transfer information held about you to lenders based outside of the European Economic Area. We implement safeguards within our group of affiliated companies, so where this occurs your data rights will remain unaltered.
By submitting your Application Form you consent to this transfer.
What are Your rights
You have the right of access to your personal information on request. Should you wish to exercise this right please contact the Data Protection Officer at the correspondence address shown below. We have 1 month to reply to your request, however will always endeavor to provide you with the information in a much shorter timescale.
You also have the right to ask for your data to be deleted from our database, or corrected where there are errors. Simply contact the Data Protection Officer at the correspondence address shown below.
You also have the right to withdraw your consent to us marketing to you at any time, where relevant. This website allows you to withdraw your consent by using the ‘Opt-Out’ page. Alternatively, please contact us using any of the correspondence methods listed below. If you opt-out of our use of your data for marketing purposes, we will honor such choice once we have had a reasonable opportunity to process your request. We reserve the right to take reasonable steps to authenticate your identity with respect to any such request or other enquiry.
If you were introduced to us by a third party, we will give them your contact details and sufficient information about you for their accounting and administration purposes. We may also give out information about you if we have a duty to do so or if the law allows us to do so. Otherwise we will keep information about you confidential.
Calls between us may be recorded and/or monitored.
A special note about children
No one under the age of 18 years old is permitted to use our website or service.
How we store your personal data
All information you provide to us is, as far as reasonably practicable, stored on our secure servers.
Unfortunately, the transmission of information via the internet is not completely secure.
Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our Sites; any transmission is at your own risk. Once we have received your personal data, we will use strict procedures and security features to try to prevent unauthorised access.
We will retain your information securely for a reasonable period or for as long as the law requires
IP addresses and cookies
Credit Reference and Fraud Prevention Agencies
When you submit an Application Form you confirm that all the information you have given is true and complete. When you submit an Application Form you authorise our affiliated companies to check the following records about you and others:
- our own;
- those at credit reference agencies (CRAs); and
- those at fraud prevention agencies (FPAs).
- Our affiliated companies will make checks such as are deemed necessary to assess your application for credit.
The Company may choose, from time to time, to amend the content of this Policy and should this happen, we will update the Policy and the revised version will be posted on this website. Please note that the Policy was last revised and updated on 04/10/2016. Please ensure that you visit this Policy on a regular basis so that you have read the latest version and continue to understand what we do with your information.
Should you be unhappy with any aspect of our service or the way your personal information has been stored, used or collected our staff will be happy to resolve your concerns. We do recommend that you bring any issues to our attention as soon as possible, as the sooner we know about the issue the sooner we can help resolve it. Please see our Complaints Policy for further information.
We will endeavor to satisfy your concerns, however if you remain unsatisfied with any aspect relating to your personal information, you have the right to complain to the Information Commissioners Office.
The ICO may be contacted at:
Information Commissioner's Office
Telephone: 0303 123 1113 (local rate) or 01625 545 745 if you prefer to use a national rate number.
Alternatively, you may have the right to refer your complaint to the Financial Ombudsman Service (please see our Complaints Policy for further details):
Financial Ombudsman Service
London E14 9SR
Telephone: 0800 023 567 (0300 123 9123 from mobile)
Our Contact Details
Phone Number: 0345 450 4678
Address: 46 Alexandra St, Southend on Sea, Essex SS1 1BJ