Privacy Policy
This privacy policy will explain how our organisation uses the personal data we collect from you when you use our website.
Topics:
- What data do we collect?
- How do we collect your data?
- How will we use your data?
- Credit Reference Agencies?
- How do we store your data?
- Marketing
- What are your data protection rights?
- Privacy policies of other websites
- Changes to our privacy policy
- How to contact us
- How to contact the appropriate authorities
What data do we collect?
Salt Money Ltd collects the following data:
- Personal identification information (Name, email address, phone number, etc.)
How do we collect your data?
You directly provide Salt Money Ltd with most of the data we collect. We collect data and process data when you:
- Voluntarily request to join our mailing list via our website.
- Use or view our website via your browser’s cookies.
How will we use your data?
Salt Money Ltd collects your data so that we can:
- Email you with company updates and news about important developments we believe you will be interested in.
Credit Reference Agencies?
In order to process your application, we will perform credit and identity checks on you with one or more credit reference agencies (“CRAs”). Where you take banking services from us we may also make periodic searches at CRAs to manage your account with us.
To do this, we will supply your personal information to CRAs and they will give us information about you. This will include information from your credit application and about your financial situation and financial history. CRAs will supply to us both public (including the electoral register) and shared credit, financial situation and financial history information and fraud prevention information.
We will use this information to:
- Assess your creditworthiness and whether you can afford to take the product;
- Verify the accuracy of the data you have provided to us;
- Prevent criminal activity, fraud and money laundering;
- Manage your account(s);
- Trace and recover debts; and
- Ensure any offers provided to you are appropriate to your circumstances.
We will continue to exchange information about you with CRAs while you have a relationship with us. We will also inform the CRAs about your settled accounts. If you borrow and do not repay in full and on time, CRAs will record the outstanding debt. This information may be supplied to other organisations by CRAs.
When CRAs receive a search from us they will place a search footprint on your credit file that may be seen by other lenders.
If you are making a joint application, or tell us that you have a spouse or financial associate, we will link your records together, so you should make sure you discuss this with them, and share with them this information, before lodging the application. CRAs will also link your records together and these links will remain on your and their files until such time as you or your partner successfully files for a disassociation with the CRAs to break that link.
The identities of the CRAs, their role also as fraud prevention agencies, the data they hold, the ways in which they use and share personal information, data retention periods and your data protection rights with the CRAs are explained in more detail at https://www.experian.co.uk/legal/crain .
How do we store your data?
Salt Money Ltd securely stores your data at in our Cloud based storage facilities provided by Microsoft.
Salt Money Ltd will keep your name and email address until you request to be removed from our mailing list. Money
Marketing
Salt Money Ltd would like to send you information about products and services of ours that we think you might like.
If you have agreed to receive marketing, you may always opt out at a later date.
You have the right at any time to stop Salt Money Ltd from contacting you for marketing purposes.
If you no longer wish to be contacted for marketing purposes, please email us at info@salt-finance.com.
What are your data protection rights?
Salt Money Ltd would like to make sure you are fully aware of all of your data protection rights. Every user is entitled to the following:
The right to access – You have the right to request Salt Money Ltd for copies of your personal data. We may charge you a small fee for this service.
The right to rectification – You have the right to request that Salt Money Ltd correct any information you believe is inaccurate. You also have the right to request Salt Money Ltd to complete the information you believe is incomplete.
The right to erasure – You have the right to request that Salt Money Ltd erase your personal data, under certain conditions.
The right to restrict processing – You have the right to request that Salt Money Ltd restrict the processing of your personal data, under certain conditions.
The right to object to processing – You have the right to object to Salt Money Ltd’s processing of your personal data, under certain conditions.
The right to data portability – You have the right to request that Salt Money Ltd transfer the data that we have collected to another organization, or directly to you, under certain conditions.
If you make a request, we have one month to respond to you. If you would like to exercise any of these rights, please contact us at our:
Email: info@salt-finance.com
Call us at: 0333 090 2368
Or write to us: Salt Money Ltd, 44 Grand Parade, Brighton, East Sussex, BN2 9QA
Privacy policies of other websites
The Salt Money Ltd website contains links to other websites. Our privacy policy applies only to our website, so if you click on a link to another website, you should read their privacy policy.
Changes to our privacy policy
Salt Money Ltd keeps its privacy policy under regular review and places any updates on this web page. This privacy policy was last updated on 21 January 2022.
How to contact the appropriate authority
Should you wish to report a complaint or if you feel that Salt Money Ltd has not addressed your concern in a satisfactory manner, you may contact the Information Commissioner’s Office.
Telephone: 0303 123 1113.
Website: https://ico.org.uk/make-a-complaint/