At Wadland Finance we take your privacy very seriously. We use information you provide to deliver the best, most valuable experience we can, while ensuring your data is protected.
Online applications: If you apply for our products whether online or otherwise, we will also use your personal data in accordance with the following:
Fair processing - Where we obtain Information about you from:
Telephone monitoring: We may monitor and/or record our telephone conversations with you.
Our records & credit reference agencies: When considering your application we will search records held by the Peregrine Group and your records at credit reference agencies (CRAs) who will give us shared credit information, fraud prevention information, and public information (such as details of County Court Judgments, bankruptcies and information from the electoral register).The information CRAs give us about you may already be linked to information about someone else you have had a joint account or similar financial association with, including members of the same household. By submitting an application you confirm that their finances will not affect our decision. We will check this and may turn down the application if we find it is inaccurate.
Colleagues: You must be sure that you are entitled to reveal information about your business partners, including your company directors (if you have any) and authorise us to use their information in the same way as your information, as described below.
How your Information will be used
Fraud prevention: We will check your details with fraud prevention agencies (FPAs). If you give us false or inaccurate information and we suspect or identify fraud we will record this and may also pass this information to FPAs and other organisations involved in crime and fraud prevention.
Credit reference: We may also share your information (and information about any joint applicant) with CRAs. This information remains on the CRAs' files for 6 years after the account is closed (whether settled by you or upon default).
Whether or not your application proceeds, the CRAs will add to your record details of our searches and your application. This record (but not our name) will be seen by other organisations when you apply for credit in the future. A large number of applications within a short period of time could affect your ability to obtain credit.
We will also add to your record with the CRAs details of your business' agreement with us, the payments your business makes under it, and any default or failure to keep to its terms.
An 'association' between joint applicants (between you and your business partner, for example) will be created at CRAs. This will link your financial records, each of which will be taken into account in all future applications by either or both of you. This will continue until one of you successfully applies to the CRAs to have the association removed.
Use of FPAs & CRAs information: The information held by the FPAs and CRAs will be disclosed to us and other organisations (in the UK and in other countries) to, for example:
prevent fraud and money laundering by checking details on, for example, applications for credit and credit-related or other facilities, proposals and claims for all types of insurance and job applications and employee records.
How we collect information:
Personal information is collected by Wadland Finance from you when you complete an enquiry, application or registration form, or e-mail us your details. When you browse our website, our web-server may also automatically log your IP address (this is your computer's individual identification number that is assigned to your computer when connected to the Internet). Unless we suspect fraud, we do not use your IP address to identify you personally. We also collect other information automatically about your visit to our site. Information obtained in this way, such as demographic data and browsing patterns, is only used in aggregate form - i.e. your individual identity is not revealed.
How we use and share information:
We process personal information collected via this website for the purposes of:
• conducting market research;
• running competitions;
• telling you about our products and services which we believe may be of interest to you (we may do this by post, email or by telephone)
• testing our systems
We also use information in aggregate form (where no individual user is identified):
• to build up marketing profiles
• to aid strategic development
• to find out how visitors are using the site
• to ensure we deliver the best possible user experience
We may share your information with others where: we have your permission; we have to do so or are allowed to do so by law; we have a duty to the public to reveal the information; or our legitimate interests mean we must share the information.
Overall, cookies help us provide you with a better website, by enabling us to monitor which pages you find useful and which you do not. A cookie in no way gives us access to your computer or any information about you, other than the data you choose to share with us.
You can choose to accept or decline cookies. Most web browsers automatically accept cookies, but you can usually modify your browser setting to decline cookies if you prefer (see below). This may prevent you from taking full advantage of the website.
Cookies we use - Anonymous analytics cookies: Every time a user visits our website, web analytics software provided by a third party generates an anonymous analytics cookie. These cookies can tell us whether or not you have visited the site before. Your browser will tell us if you have these cookies, and if you don't, we generate new ones. This allows us to track how many individual unique users we have, and how often they visit the site. These cookies cannot be used to identify individuals; they are used for statistical purposes only from a functional perspective.
A bespoke session cookie: This is created by our code and is commonly used on sites that have a search or any type of form, it basically stores information that a user has input temporarily to help speed up functionality. No information is stored permanently only during the session they are in, so if they close the browsers the session ends and the cookie is deleted.
Your rights: You have the right to receive a copy of certain information we hold about you if you apply to us in writing and pay a fee. You can stop us contacting you for direct marketing purposes at any time by asking us in writing to stop.
You can also find more information about cookies (including how to set your browser to reject cookies) on the website set up by the Interactive Advertising Bureau (Europe) at www.allaboutcookies.org.