Customer Information & Data Protection
In assessing your application, we will make enquiries about you including searching any records held by Credit Reference Agencies Electronic Identity/Verification Systems and checking your details with Fraud Prevention Agencies. If you give us false or inaccurate information and we suspect fraud we will record this. The Credit Reference and Fraud Prevention Agencies will keep details of any searches.
Information held about you by the Credit Reference Agencies may already be linked to records relating to one or more of your financial associates.
For the purpose of this application you may be treated as financially linked and your application will be assessed with reference to any “associated” records. If you are a joint applicant or if you have told us of some other financial association with another person, you must be sure that you are entitled to (a) disclose information about your joint applicant and anyone referred to by you; and (b) authorise us to search, link or record information at Credit Reference Agencies about you and anyone referred to by you. An association between joint applicants and between you and anyone you tell us is your financial partner will be created at Credit Reference Agencies. This will link your financial records, each of which will be taken into account in all future applications by either or both of you. This will continue until one of you successfully files a disassociation at Credit Reference Agencies.
You consent to us disclosing details of your application and how you conduct your account (including any default) to Credit Reference, Fraud Prevention Agencies and our Funding Partners. This information may be used to help us and other organisations in order to (a) assess the financial risk of dealing with you and other associates; (b) help make decisions on motor, household, credit, life and other insurance proposals and insurance claims; (c) administer agreements and insurance policies with you; (d) help prevent or detect fraud, prevent money laundering or other crimes, recover debts and trace debtors; and (e) for statistical analysis about credit, insurance and fraud.
We may use a “credit scoring” or other automated process in deciding whether to accept your application and during the life of your account, for example to review your secured debt and /or the interest rate and other charges for your Account (all of which may be varied by us). This may involve searching your records again at Credit Reference Agencies (who will keep details of our search) as well as using other information we hold about you.
Please telephone our Data Controller on 0208 058 5389 if you want to understand how your data will be used. You have a legal right to receive a copy of the information we hold about you. Full details of how we hold, process and manage personal information are explained within our privacy statement on our website.
Important Consent Information
By completing this agreement and returning by email with a digital signature, or by printing, completing, signing and returning by post, you consent to us using and disclosing details as described above. References to “we” and “us” include any subsidiary or other company associated or affiliated with Finanze Capital Ltd including our Funding Partners.
Fee Payment
Loan fees will be deducted from the loan advance unless you wish to pay fees before completion, please advise us if this is the case.