PRIVACY POLICY

Introduction

Welcome to 247Loans. Our commitment to you is to protect your privacy and personal data by adhering to the best global standards in all we do. 247Loans does not offer you the loan, but rather connects you to our dedicated panel of lenders through our quick 3-step online application process.


Personal Information

Your information: We also collect basic personal information (Name, email address, ID number, Tel number etc.) from you when you apply for our services. We may also collect your credit information if you give us consent to do a credit check on your behalf. By opting in to receive marketing you give us permission to use profiling tools and models to better position products for your needs.

247Loans shall manage the acquirement of the Opted In Leads through its own processes and undertake all the necessary legal and compliance risk from a POPI (Protection of Personal Information Act) and NCA (National Credit Act) requirements;

Part of the lead generation process is to ensure that not only has the potential User opted in for marketing but has also provide consent that their information and contact details can be provided to a third party.

247Loans warrants and acknowledges that as part of the lead generation process it shall:


Credit Bureau Check

By applying for a credit product you give 247Loans permission to do a Credit Bureau check on your behalf.


Use of Information