Terms of service
oloans.co.za is a domestic service that helps you to apply a loan. We send your loan application in advance to a loan broker, who mediates it to banks and finance companies. oloans.co.za markets, inter alia, licensed loan intermediary service provided by Leads Clinic. We also help you in loan application requests by comparing different banks and finance companies and share useful economic tips.
By using oloans.co.za service you provide an access for Lead Group Oy company to your current information. Lead Group Oy possesses and operates the web service at www.oloans.co.za. The purpose of this notification is to explain what types of data we collect, in what way and what we use it for.
What is personal data?
Personal data is information that can be associated with you, e.g., name, place of residence, phone number and email address. Personal data is also defined as information about how you use oloans.co.za services, such as ads you have recently seen.
How is the processing of personal data regulated?
Lead Group Oy is responsible for processing all personal data collected through the oloans.co.za service. The data is stored either in our database or on devices used (phone, laptop, etc.). You can be sure that all the personal data is being processed in accordance with the Data Protection Act.
What personal data do we collect?
1. Your own data
We store a certain personal data you provide to us when singing up for oloans.co.za service. The same happens when you fill out forms on our start-up page or elsewhere on the website.
2. The information about how you visit oloans.co.za website.
We collect data about technologies you use, such as whether you use a laptop, tablet or smartphone, or which browser and network operator you use while visiting homepages on our website.
3. The data about what actions do you take on our website.
We receive an information about your behaviour on our website every time you visit it. We may also, inter alia, receive a data about what page you visited, what notifications you clicked on and what kind of advertisements we presented to you.
4. The information required to apply for a loan
The loan application data completed on page is stored in our database. Your personal ID (identification code) will only be stored in case of error for temporary period of one (1) week.
Who is responsible for processing of personal data?
The management of Lead Group Oy is responsible for processing of personal data related to company’s business. Liability concerns daily compliance of data protection principles implemented in business activity.
What does registration mean?
Signing up for oloans.co.za service offers you various benefits. When applying for a loan, you will receive an important information via email, SMS or phone:
- about how to improve your chances of getting loan
- recommendations on how to improve your daily finance
- about banks offering the best refinancing and loan facilities
- financial news
Expectedly, you will receive text messages from us a few times in a week. You can cancel receiving text messages by clicking on the cancellation link at the end of the message.
Why do we collect personal data?
We collect your personal data so we could offer you possibly suitable options and the best loan facilities among our companies. We keep you informed of all suitable offers using your contact information. The processing of personal data, storage and forwarding occurs in full accordance with the Data Protection Act.
What data is being used for?
Our purpose is to provide customised user experience for each oloans.co.za user.
We use personal data in order to…
1. Provide you with the service you expect to receive from us.
For example, we need your email address and mobile phone number so loan providers can contact you and offer a loan in accordance with your loan application request.
2. Understand market needs and trends.
We analyse data and use that information for our service further development. We can, for example, give you more detailed advice on how to improve your loan facilities or make you a better tailored loan offer.
3. Prevent you from unwanted and criminal activities.
One of our most important goals is to ensure that oloans.co.za is safe place where to apply for a loan.
For this reason, we do our best to prevent all unwanted and criminal activities. The information obtained through cookies as well as notification and message history is an important tool which helps to identify misconduct and fraud attempt. Service and data security working group monitors closely any possible suspicion of misconduct.
4. Inform you about loan offers via email, SMS and phone.
We will send you from time to time a loan offers information, that you might be interested in, by email, SMS and phone.
Who else gets the information?
The third parties may use your personal data with the goal of an analysis. All the third parties are obliged to follow our personal data processing policies. Your data may be forwarded to officials in a case of any suspicions of breaking a law. The information may be also forwarded in cases when fraud is still possible or when some disagreement can be resolved by using data.
In individual cases, we provide your personal data to the companies with whom we cooperate with in CRM service or email/SMS marketing fields. Companies do not have the right to use your data for anything else besides service production to us.
Data collected by cookies
We use cookies in certain parts of our service. Those are small files containing data that are stored on your computer to improve user experience. This feature can be easily turned on/off in browser. If you decide to turn off the cookies, you will be able to use oloans.co.za service in further, but some certain functions might not work optimally.
Remove of personal data
We do not store a personal data longer than it is purposefully necessary unless required by law. We have established personal and identifying data removing procedures, thus you can request data to be deleted. If you want to cancel a newsletter subscription, you can do this through the cancellation link at the end of newsletter you receive.
Please contact us if you would like to remove own data from our system:
info@Oloans.co.za