My Quick Loan GDPR Policy
1. Data Collection My Quick Loan collects personal data essential for loan processing, including names, addresses, and financial information. This data is vital for evaluating loan applications and providing our services effectively.
2. Purpose of Data Collection The collected data is used solely for the purpose of finding suitable loan options for our customers. This involves assessing loan applications and ensuring that our services are tailored to meet the specific financial needs of each customer.
3. Data Sharing My Quick Loan shares personal data with third-party lenders as part of the loan application process. A list of these third-party lenders can be found here. This sharing is necessary to provide customers with suitable loan options.
4. Data Storage and Security My Quick Loan is committed to protecting the security of personal data. We store data securely using industry-standard encryption and cybersecurity measures to prevent unauthorized access, disclosure, alteration, or destruction.
5. Data Access and Correction Customers have the right to access their personal data and request corrections if needed. Requests for access or correction can be made by emailing firstname.lastname@example.org.
6. Data Retention My Quick Loan retains personal data for the maximum period allowed under GDPR regulations to comply with legal and regulatory requirements and for internal business purposes.
7. Data Protection Officer Our Data Protection Officer, Jonathan McCrory, oversees our data protection strategy and ensures compliance with GDPR requirements.
8. User Consent Consent for collecting and processing personal data is obtained through our application form. This consent is a prerequisite for using our services.
9. Data Breach Protocol In the event of a data breach, My Quick Loan is protected and guided by the Information Commissioner’s Office (ICO) protocols to promptly address and mitigate any potential harm.
10. International Data Transfers My Quick Loan does not transfer personal data internationally, ensuring that all data processing activities are confined within the UK’s legal jurisdiction.
This GDPR policy reflects My Quick Loan’s commitment to data protection and privacy in accordance with the Data Protection Act 2018 and GDPR regulations.