Please read this policy to understand what information will be collected and how it will be used.

Data Protection Act

Loanexplorer fully complies with the Data Protection Act 1998.

Information Sharing and Disclosure

Loanexplorer does not rent, sell or share any information about visitors to the site.

If you have completed a loan application your information will be passed to a credit broker. They will use the information you have provided to:

• process the application you have made;
• make, or cause a search to be made, at a credit reference agency – this search will be shown in any other searches which are made in connection with applications made by yourself and other members of your household. The disclosure of multiple searches may adversely affect your credit profile and may make credit harder for you to obtain.

The broker may also use the information

• to offer you other products which they make available;
• to pass your details on to a lender or lenders they feel may be willing to lend you money;
• to pass on your details to another broker, if your broker is not able to arrange finance for you;
• to write to you in the future with a view to offering you products they feel may be of interest to you.
• to pass your details to another broker in the future with a view to them offering you products they feel may be of interest to you.
• to permit access to your information by the FISA or other regulatory bodies to ensure they are processing information correctly and complying with regulatory requirements.

The broker may keep the information for several years. You can ask for the information not to be used to offer you other products.

Any other broker or lender to whom the information is passed during processing your application may use it in the same way.

Every company or person who processes or keeps data has a duty to keep that information up to date and accurate.

Cookies

Loanexplorer uses cookies to check if you have visited the site previously.

IP Addresses and Information Specific to Your Computer

Loanexplorer logs IP information when you visit the site. Loanexplorer also collects information that your computer’s browser automatically reports to us such as information about your operating system and browser version.