Privacy Policy

This Privacy Policy constitutes a legal agreement between you, as the user of the Website, and Loans On Demand, as the owner of the Website. Throughout this Privacy Policy we will refer to you as "you", and we will refer to Loans On Demand as "we" or "us".

1. Application

This Privacy Policy sets out the principles governing our use of your Personal Data. It applies to you as soon as you first use the Website, and you are deemed to have agreed to be bound by it upon your first use of the Website. If you do not wish to continue to be bound by this Privacy Policy, please stop using the Website now.

2. Collecting Your Personal Data

When you use the Website, we may ask you to provide certain personal information, such as your contact details, banking details, tax information, demographic information, employment. We may supplement the personal information you provide us with information about you that we receive from third parties. We refer to all of this information – both what you provide us and what we collect from other sources – as your "Personal Data".

3. Processing and Storing Your Personal Data

The principal purposes for which we process and store your Personal Data are:

  • To confirm your identity in order to create your account and ensure that you are eligible to use the services provided on the Website.
  • In the case of investors looking to allocate capital, to confirm that you are eligible to make investments through to Loans On Demand.
  • To monitor, improve and administer the Website and the services provided on the Website.
  • To enable us to conduct surveys and analysis, and aggregate user profiles.
  • To measure, understand, or improve the effectiveness of advertising we provide to you and others.
  • To enable us to comply with our legal and regulatory obligations, including reporting to regulators and governmental authorities.
  • To contact you to ensure customer satisfaction in respect of our role as a website provider and assist you in getting the best value from our service.
4. We Will Not Share Your Personal Data

Any of your Personal Data that is collected by Loans On Demand will be kept confidential and we will not disclose it to any third parties. The only exceptions to this are:

We may disclose certain of your Personal Data if we are required to do so by law, regulation or the order of court or other legitimate government body or arbitration panel. In the event that we intend to enter into a major corporate transaction, such as a sale of control of our or another business on a stock exchange, we may disclose certain of your Personal Data to potential buyers, underwriters or advisors. If we do this, we will take reasonable precautions to ensure that the recipients of your Personal Data are obligated to keep it confidential.

5. Changes of Business Ownership and Control

We may, from time to time, expand, reduce or sell our business, and this may involve the transfer of certain divisions or the whole business to other parties. Your Personal Data will, where it is relevant to any division so transferred, be transferred along with that division and the new owner or newly controlling party will, under the terms of this Privacy Policy, be permitted to use your Personal Data for the purposes for which it was supplied by you.

6. Security of Your Personal Data

We endeavor to take all reasonable steps to protect your Personal Data, including the use of encryption technology. However, we cannot guarantee the security of any Personal Data you disclose online. In using the Website, you accept the inherent security implications of engaging in transactions online over the internet, and you agree that you will not hold us responsible for any breach of security unless we have been grossly negligent or in willful default.

7. Use of Cookies

"Cookies" are small files that reside on your computer's hard drive, generally contain an anonymous unique identifier and are accessible only by the website that placed them there and not any other sites.

Loans On Demand may set and access Cookies on your computer. In addition, we may gather certain information about you, including details of your operating system, browser version, domain name and IP address, and the details of any website you linked from to the Website. We do this in order to enable us to provide the services available on the Website and to monitor and improve the Website.

You can choose to enable or disable Cookies in your web browser. By default, your browser will accept Cookies, however this can be altered. In addition, you may delete Cookies that have already been placed on your hard drive. For further details please consult the help menu in your browser. Disabling or deleting Cookies may prevent you from using the full range of services available on the Website.

8. Communications between You and Loans On Demand

In the case of communications by email you should note that, as emails are not encrypted (and may therefore be intercepted by third parties) and as the identity of the sender cannot be confirmed, you must NOT provide your security details by email and should avoid providing any Personal Data to us by email.

9. Changes to Your Personal Data

If you see that any of your Personal Data that is included in the "Profile" section of your Loans On Demand account is inaccurate, please revise or update it using the Website. Alternatively, if you believe that any of the Personal Data we hold about you is inaccurate, you may write to us at the address given in paragraph 10 in order to correct it.

It is your responsibility to ensure that any Personal Data you have provided to us remains accurate and to notify us (either by the Website or by letter) if there are any changes in your Personal Data.



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