Bannerchoice Finance Limited Privacy Policy

This privacy policy explains how our organisation uses personal data we collect from you.

1. What Data Do We Collect
   1. When you interact with us we collect personal identification information (such as name and email address)
   2. When you apply for finance with us we collect information about your finances (such as credit history, ability to repay and connected parties)
2. How do we collect your data
   1. You provide us directly with most of the data you collect. We collect data when you
      1. contact us via email or phone
      2. apply for a loan with us
      3. use or view our website via your browser’s cookies
   2. Our company may also receive your data indirectly when we carry out background checking
      1. To assess your ability to repay your finance
      2. To carry out Anti-money laundering checks
3. How do we use your data
   1. We use your data to
      1. Interact with you on a normal commercial basis (eg exchanging emails)
      2. Assess your suitability for lending
      3. Carry out background checks on you (eg anti-money laundering checks or credit checks)
   2. When we assess your suitability for lending and carry out background checks on you we may send your data to, and also use the resulting information from, credit reference agencies and other information bureaux
4. How do we store your data
   1. We store your data securely using cloud based services with secure encryption (such as Google Cloud)
   2. We keep your data throughout our commercial relationship with you and for seven years thereafter in order to meet our reporting obligations
5. How do we use cookies
   1. When you use our website we may place text files (known as cookies) on your computer to collect standard internet log information and visitor behaviour information.
6. What are your data protection rights?
   1. We would like to make sure you are fully aware of all your data protection rights. Every user is entitled to the following:
   2. The right to access – You have the right to request Our Company for copies of your personal data. We may charge you a small fee for this service.
   3. The right to rectification. You have the right to request that Our Company correct any information you believe is accurate. You also have the right to request Our Company to complete information you believe is incomplete.
   4. The right to erasure. You have the right to request that our Company erase your personal data, under certain conditions.
   5. The right to restrict processing. You have the right to object to Our Company’s processing of your personal data, under certain conditions.
   6. The right to data portability. You have the right to request that our Company transfer the data that we have collected to another organisation, or directly to you under certain conditions.

   If you have a request, we have one month to respond to you. If you would like to exercise any of these rights please contact us at our email, or write to us.

7. Changes to this policy
   1. We keep this policy under regular review. For the latest privacy policy please see our website.

8. How to contact us

   If you have any questions about Our Company’s privacy policy, the data we hold on you, or you would like to exercise one of your data protection rights, please do not hesitate to contact us. 

   Email us at: loans@bannerchoicefinance.com

   Write to us at: Bannerchoice Finance Limited, First Floor Thavies Inn House 3-4, Holborn Circus, London, EC1N 2HA