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Privacy Policy

Introduction

This Privacy Policy applies to www.varooma.com which is owned and operated by Greenlight Credit Limited.

At Varooma we believe that privacy and trust are instrumental in the continued growth of the internet and the electronic data services it provides. It is policy that all information be handled in a fair and responsible manner. Therefore, in order to inform you of our policies and activities with respect to the collection, use and transfer of personal data, Varooma is providing you with an electronic copy of this Policy.

Varooma is registered as a data controller for the purposes of the data protection Act 1998. We are committed to preserving and protecting the personal information that you have provided to us. Please read the following privacy policy to understand how we use and protect the information that you provide to us.

By registering on this website, you consent to the collection, use and transfer of your information under the terms of this policy.

Information collected by us

When you visit and register on our website you may be asked to provide personal information about yourself, including such data as your name, address, email address, phone number, title, employment data and vehicle registration number. We may also collect information about your usage of our website as well as information about you from messages you post to the website and email or letters you send to us.

We may use this data for a number of reasons, including statistical analysis; to assist in the development of our product range and improve existing products; to update personal records; in the assessment of lending risk; to identify which of our products or partners products may be of some interest to you; in the products or services we offer to third parties.

We shall also use the data to help identify and prevent fraud, money laundering and other criminal activities.

We may also collect information from outside sources such as credit reference agencies and customer service providers in order to help us make decisions regarding credit.

Information about your computer may also be collected if it is available, such as your IP address, type of browser you are using and computer operating system. This is in order to help us improve our systems and website.

Use of your information

We keep and use information about you, which is, name, address, home and mobile numbers, email address, date of birth, employment, banking details. Any other information we ask about you when we are completing your application. Details of other loans you have had or currently have and details of loans you have with us or have had in the past.

We may use any other information which we reasonably need to operate your account or to meet regulatory obligations.

Any phone numbers you contact us on we may use to call you back on.

Any debit card details that you provide us with may be kept and if you make a loan application with us and are successful the debit card details may be used to take payments, unless you advise us otherwise.

Medical information about yourself that we have been given may be used to help us make a decision about any applications with us or any ongoing accounts.

We can use your information so we meet any requirements we have from regulators.

We can use the information you provide us to recover any debt you may owe us.

The information you provide us can be used to locate you.

Your information can be used when we test our operating systems.

When we carry out audits your personal information may be used.

Where research is carried out by educational institutions or government bodies your information may be used.

Your information may be used for market research purposes.

Your information may be used in order to make your application and manage your account with us, as well as in regards to any communication you have with us.

To understand you more as a customer and to provide services or products that may be of interest to you in the future.

To prevent and tackle fraud or other crimes.

We may use your information to contact you for marketing purposes either by email, telephone, SMS, direct mail or other forms of marketing that we may use.

We may possibly use your information to carry out business analysis.

Any information we have about you may be used to make credit decisions about whether to lend to you.

Disclosure of your information

Where appropriate we may pass or sell data to third parties that help us to process data.

We share information about you:

  • Internally within Greenlight Credit Limited.
  • With any company that we use to collect payments or debts on our behalf.
  • With any payment processing software or company that we use or maintain either internally or externally.
  • With any law enforcement authorities involved in terrorism prevention, this also pertains to authorities outside the United Kingdom.
  • With anyone who we transfer our business details to in the event of the business being sold and purchased by someone else. The purchaser may be able to use your details in the same way we are using them.
  • Where we are requested by government bodies and organisations, authorities, tax authorities, and ombudsmen, not just in the UK but overseas if requested.
  • To prevent fraud by sharing with agencies that detect fraud.

Security and data retention

We employ security measures to protect your information from access by unauthorised persons and against unlawful processing, accidental loss, destruction and damage. We will retain your information for a reasonable period or as long as the law requires.

Accessing and updating

You are entitled to see the information held about you and may ask us to make any necessary changes to ensure that it is accurate and kept up to date. If you wish to do this, please contact us. We are entitled by law to charge a fee of £10 to meet our costs in providing you with details of the information we hold about you.

You can ask us to amend or remove information about you that you think is incorrect.

Changes to Our Privacy Policy

Any changes to our privacy policy in the future will be posted to the site and, where appropriate, through email notification.

Links to third party websites

We do not accept any responsibility for third party websites that we link to. These websites have terms and conditions and privacy policies that are different to the one on this site and we have no control over these sites.

Social media

Any like buttons or interactive social media icons that are on the site in some cases can collect your IP address and track the pages you are visiting on the website. If it is a third party site that provides the widget, the company that owns the widget is responsible for it’s terms and conditions.

Contact

All comments, queries and requests relating to our use of your information are welcomed and should be emailed to enquiries@varooma.com

Responsible Lending

We assess all applications carefully and only offer loans to people we believe can afford to pay them back and never guarantee approval.

REPRESENTATIVE EXAMPLE:

Amount of Loan £5000.00. Repayable by 18 monthly repayments of £456.94 commencing 1 month from the date of the loan.

Total Amount Repayable £8225.00. Rate of Interest 43% per annum flat fixed. Representative 98.05% APR.