When you want to borrow money from a loan company, you must get access to our data. To this end, we must also allow permission to process them. How can loan companies use our data?
Data collected by loan companies:
• customer’s first and last name
• his position
• contact details, including e-mail address
• demographic data, for example zip code, preferences and interests
• other data related to customer identification, customer account service and credit risk analysis
The above data is collected by loan companies in order to provide their clients with better service and understand their needs, for example in order to adjust the appropriate offer. For example, data may be used to periodically send information about special offers, new products and other information that may be interesting to the customer to the customer’s email address. They can also be used to conduct market research.
Is the data collected safe?
The task of every entity collecting and processing data is to ensure their safety. In order to prevent third parties from accessing or disclosing data, special physical, electronic and management procedures are used to secure information collected on the Internet.
Of course, we also have to take care of the security of our data ourselves. For this purpose, it is very important to know the basic principles of the safety of using the Internet. Remember that we do not provide data on suspicious websites, so that we do not paste photos or scans of our documents or contracts anywhere. Also, let’s take care of the current antivirus program and install the latest version of the web browser.
You have the right to withdraw consent to the processing of data
Of course, if we do not want the loan company to process our data for marketing purposes, we can withdraw the consent we have issued. To do this, you must contact the company in writing and withdraw your consent. We do the same in the same way when we want to make changes to the information, for example they are incomplete or incorrect.
In summary, if we provide data to a loan company, they can also be used for marketing purposes, but at any time we can withdraw such consent.
Be careful where you give your details!
If you want to take out an on-line loan, remember that the basis is to choose a trustworthy loan company. Before taking advantage of the offer, let us carefully read it and check the opinions on the given lender. Otherwise, it may turn out that our data will be used illegally, for example, can be used to steal your identity.