MT Finance Limited is committed not only to the letter of the law but also to the spirit of the law and places a high premium on the correct, lawful and fair handling of all personal data, respecting the legal rights, privacy and trust of all individuals with whom it deals.
This Policy sets out the obligations of MT Finance Limited (referred to as “the Company”, we”, “us”, “our” and “mtf’’) regarding data protection and the rights of borrowers, investors and business contacts (“you” or “your”) in respect of your personal data under the General Data Protection Regulation. The policy provides you with details about the personal information we collect from you, how we use your personal information and your rights to control the personal information we hold about you.
Type of Information Collected
When you submit information via our website, email or telephone, throughout our application or verification process we may collect information from you, including the following personal information:
- Your name and title
- Contact information including current address, phone and email address
- Financial information (including bank account details)
- Information provided by third parties including credit reference and fraud prevention agencies
- Previous job history (if applying for a position within mtf)
How and why we use your data
Personal data collected by the Company is collected to make sure that we can provide the best possible service to our customers, and can work effectively with our partners, associates and affiliates, as well as efficiently managing our employees, contractors, agents and consultants.
The Company may also use personal data in meeting certain obligations imposed by law as well as for the legitimate interests of the data controller. This includes using your data to assess applications, verify your identity and to enforce loan provisions.
We will ask for consent in order to use your information for marketing purposes, and you have the opportunity to opt out of receiving this confirmation at any time by clicking the unsubscribe button at the bottom of our marketing emails – for any further information about how to unsubscribe from marketing correspondence please contact email@example.com.
mtf may share your information with third parties in association with your loan. Third parties may include valuers, solicitors, investors and customer retention management providers. When we share information with third parties, we will only disclose the personal information that is necessary. The company has also ensured that all hosting software used to store data will meet the requirements of the GDPR by 25th May 2018.
We also reserve the right to use or disclose information provided if required by law or if the Company reasonably believes that use or disclosure is necessary to protect the Company’s rights and/or to comply with a judicial proceeding, court order, or legal process.
Access/Control over your Personal Data
The GDPR provides you with a range of rights regarding your personal data.
You can request that mtf provides you with access to all the personal data we hold in a portable format, together with the right for your data to be corrected and up to date.
Your data can be provided free of charge, within one month of receipt, though we may request a reasonable fee in the event of a large or repeat request. We may extend this period by a further two months if required, though if this is the case, we will inform you within one month of the receipt of the request and explain why the extension is necessary.
We will hold your personal information on our systems for as long as is necessary for the relevant activity, or as long as is set out in any relevant contract you hold with us.
However, if you think your data has been misused or that it hasn’t been kept securely, you contact us via firstname.lastname@example.org. If you’re unhappy with our response or if you need any advice you can contact the relevant supervisory body, the Information Commissioner’s Office (ICO).
Changes to this Privacy Statement
For further information about this privacy notice, or to find out more about mtf please contact the team via email@example.com or call on 0203 051 2331.