Privacy Policy

The privacy policy explains how Loanrick collects, stores and uses your data. We are committed to protecting your information in compliance with the Data Protection Acts 1988–2018 and General Data Protection Regulation (GDPR).

By using our website, you agree to our Privacy Policy.

1. Who We Are

Loanrick is an online loan broker that also offers comparison service. We are not a lender and do not provide loans directly. We connect users with authorised lenders in Ireland.

Data Controller:

[Loanrick]

[Registered Address]

Email: [Privacy Email Address]

2) Scope of this policy

This Privacy Policy is applicable for all applicants, visitors and users of our services and websites. It includes collecting personal and financial data online via emails, phone calls, forms or cookies. By using our website, you give consent for our privacy policy.

3) How We Collect Your Data

We collect personal data through:

  • Online application forms
  • Direct communication via phone
  • Third-party tools used for analytics or marketing (where consent is given)
  • Website cookies and tracking technologies

4) Information We Collect

We may collect and process the following types of personal data:

a) Financial and Application Data

  • Income information
  • Employment details
  • Banking or repayment-related information (where applicable)
  • Loan requirements

b) Personal Identification Data

  • Full name
  • Phone number
  • Postal address
  • Date of birth
  • Email address

c) Communication Data

  • Records of emails, calls, or messages exchanged with us

d) Technical and Usage Data

  • IP address
  • Device information
  • Website usage and interaction data
  • Browser type and version
  •  

5) How We Use Your Personal Data

Your personal data is processed for the following purposes:

  • To assess your loan enquiry
  • Match you with suitable lenders
  • To improve website functionality
  • To share information with authorised lenders
  • To comply with regulatory obligations
  • To send marketing communications
  • To communicate with you regarding loan application

We only process data as per laws for contractual necessity with your consent.

6) Your Data Protection Rights

You have the following rights while using our website.

  • Right of access – You can get a copy of your personal data
  • Right to erasure – Request to delete your data
  • Right to restrict processing
  • Right to data portability
  • Right to object to processing
  • Right to withdraw consent
  • Right to rectification – Get inaccurate or incomplete data rectified

You can always contact us to know more about your rights and how do we deal them.

7) Legal Basis for Processing

We process your data on your consent, following the relevant laws and business interests. You can withdraw your consent anytime. Processing complies with the General Data Protection Regulation (GDPR).

8) Third-Party Lenders and Partners

When we share your data with lenders, they act as independent data controllers. They apply their own privacy policies apply. We suggest you to review lender policies before entering a loan agreement.

9) Sharing Your Information

We may share your data with third-party lenders, service providers and credit assessment partners for the purpose of loan application processing. We do not sell your data to unauthorised third parties.

10) Data Security Measures

We implement appropriate technical security measures to prevent unauthorised access, misuse or loss. This includes secure servers, access controls and encryption and regular system monitoring. This helps maintain data integrity.

11) Data Retention

We retain personal data only when it is necessary to match you with the lenders. The process complies with regulatory and legal requirements. When data is no longer required, we delete or anonymize it as per our retention procedures.

12) International Data Transfers

While transferring the data out of the European Economic Area, we follow proper safeguards such as standard contractual clauses, to maintain high standards of data security and compliance as per GDPR.

13) Cookies and Tracking Technologies

Our website uses cookies to ensure better functionality and improve user experience. It is used to analyse website traffic. Cookies may collect data about your browsing behaviour. You can disable or manage cookies from your browser settings.

14) Changes to This Privacy Policy

We may update this Privacy Policy anytime consider regulatory, legal, or operational changes. All updates will be published on our website with immediate effect. If you continue to use our services after changes you accept our privacy policies and the changes too. We reserve all the rights to amend the policies without any prior information.