We know that you care how information about you is used and shared and we appreciate your trust in us to do that carefully and sensibly. This notice describes our privacy policy and forms part of our website terms and conditions ("Website Terms").
We believe it is important to protect your Personal Data (as defined in the Data Protection Act) and we are committed to giving you a personalised service that meets your needs in a way that also protects your privacy. This policy explains how we may collect Personal Data about you. It also explains some of the security measures we take to protect your Personal Data, and tells you certain things we will do and not do. You should read this policy in conjunction with the Website Terms.
When we first obtain Personal Data from you, or when you take a new service or product from us, we will give you the opportunity to tell us if you do or do not want to receive information from us about other services or products (as applicable). You can normally do this by ticking a box on an application form or contract. You may change your mind at any time by emailing us at admin@loanhut.co.za.
Some of the Personal Data we hold about you may be 'sensitive personal data' within the meaning of the Data Protection Act 1998, for example, information about your health or ethnic origin.
We collect and may hold personal data from you via this Website and from third party sources and use it for making decisions, providing services and servicing our relationship with you, to understand your financial needs, to assess your application for credit, to conduct our business, to provide you with better customer services and products from both ourselves and those of selected third parties, to evaluate the effectiveness of our marketing of the Website and for statistical analysis. We only collect information which is necessary for the operation of the provision of our Service to you. We will not keep your personal data for longer than necessary to provide the Service, or as required by law.
We may pass this information to other members or agents, as permitted by law so that they may do the same and they may pass information held by them about you to us so that we may do the same. In the provision of our Service to you, we may disclose your information to the following third parties who may provide us with further information about you, such third parties may also be required to disclose your information to selected third parties in relation to this application, and as required by law, such as Credit Reference Agencies, corporate groups and/or affiliate companies, any other creditor in the context of your current application form to assist you in your application, any collector or tracing agent, to any company, business or intermediary associated with us to recover debt; and/or any prospective purchaser of our company.
We reserve the right to access and disclose to third parties any information to comply with applicable laws, including but not limited to, disclosure in accordance with the Act, the Regulation of Investigatory Powers Act and lawful authority requests, to safeguard the proper operation of our systems and to protect ourselves and our customers/prospective customers. By submitting an application form through a Lender listed on this site, you agree that we can contact you by post, telephone and/or email (or such other channel we may adopt from time to time) to tell you about other products and services, offered by ourselves or other carefully selected companies, that we believe would be of interest to you. We may also pass your information to third party financial services companies for the purpose of them telling you about their services or products.
All information submitted in this form is held safely and securely by us in accordance with the Data Protection Act. We require all parties to whom we may pass your information to treat it with the same degree of confidentiality.
Representative example: As an example, if you borrow R15,000 over 15 months at a fixed rate of 28% per annum and a fee of R68.40 per month and initiation fee of R1,197 this would result in a representative rate of 68% APR (fixed). The total amount repayable would be R22,717.
Please note: we are NOT a lender - we are a loan broker working with the most reputable direct lenders in the market place to find you a loan. Our FREE service compares a wide range of lenders quickly, and finds you a lender that may be willing to lend to you today. Some lenders or brokers on our panel may charge you a fee to process your application.
Rates from 20% APR to 112% APR - we provide a no obligation loan searching service, your APR will be based on your personal circumstances. Loan repayment terms from 3 to 60 months.
