Privacy Statement for Blue Financial

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Privacy Policy

Blue Financial Limited operates bluefinancial.co.uk and as such is committed to protecting your privacy. Our policy explains the process we enforce and the steps we take to ensure any information about you or supplied by you, is kept safe and confidential at all times. Using our website will be regarded as acceptance of our privacy policy and services we provide. Do not our website or any of the services offered if you do not agree with our privacy policy as outlined below:

Blue Financial Limited acts as the data controller for the service we provide and your personal information/ data. Our registered address is: Blue Financial Limited, Ravensbourne, Keston, Kent, BR2 6HE. If you have any questions regarding to the use of your personal information/data or any other issues relating to data protection please feel free to contact our data protection team.

The Data Protection Act

The Data Protection Act requires companies who retain and process information on their clients to outline how the information is used and for what purpose.

Credit Brokers

Credit Brokers process your application and will conduct searches with Credit Reference agencies where applicable. The information you provide will be linked to your household and members of your family residing at that address.

In the event your broker is unable to assist you they may disclose your details to other lenders with products or services that better suit your requirements, this is in accordance with the FISA and other regulatory bodies that ensure the broker has processed your application correctly and complied with the regulations. Multiple searches may affect your Credit Score as all searches are recorded by the Credit Reference agencies and disclosed other organisations during any future searches. This will make it harder to obtain credit.

Credit Reference Agencies

Brokers or Lenders may use one or more of the following Credit Reference agencies. It is advisable to obtain a copy of your Credit File/Credit history for your records. Simply contact the Agency or Agencies used and follow their instructions.

Callcredit Plc One Park Lane, Leeds, West Yorkshire, LS3 1EP. Tel: 0113 244 1555 www.callcredit.plc.uk

Experian Ltd Talbot House, Talbot Street, Nottingham, NG80 1TH Tel: 0870 241 6212 www.experian.co.uk

Equifax Credit File Advice Credit File Request P.O. Box 1140, Bradford, BD1 5US Tel: 0870 010 2091 www.equifax.co.uk

Lenders

The Lender will check the information supplied from your application with the Credit Reference agencies or Other Agencies to satisfy themselves that all the details are true and that the application was originated by yourself or jointly with your partner or spouse. They may conduct more than one search when assessing your application and results may then be used towards a Credit Scoring System. The Credit Scoring System is based on points awarded for variables like age, occupation and for the information obtained from the Credit Reference agencies which highlight your ability to repay previous or existing credit. Lenders use different methods of Credit Scoring and this largely depends upon their interpretation of different factors and the level of risk they are willing to take. Any fraudulent, false or inaccurate information will be reported to the other respective agencies as outlined by the regulatory bodies.

Other Agencies

CIFAS

Fraud and fraud related information is available to most of the lenders and although the content may not directly relate to you, it may relate to someone who has tried to impersonate you. CIFAS also supplies data to members of the insurance community to help process decisions on motor, household, credit, life and other insurance proposals for you and other members of your household.

CML Repossession register

The Council of Mortgage lenders 'Repossession register' is available to its members through the Credit Reference agencies and will indicate voluntary or forced repossession.

GAIN

Helps its members locate customers who are no longer at their present address and who have fallen into arrears with their credit.

HUNTER

Targets fraudsters who use different combinations of information to obtain credit dishonestly and checks and counter checks information given on application forms.

At your request the lender or Agency can provide you with contact details and copy of the information they hold on you, they are also entitled to tell you where the information was obtained and when. This is usually done on-line or by applying in writing. The Lender or Agency may charge a fee and will respond in the appropriate time frame. If on receipt of the information you feel some details are incorrect you can ask the entries to be corrected or removed and supply a file note accordingly. Please note that correct information will not be removed.

The Information Commissioner provides a step-by-step leaflet explaining how to request changes and includes example letters and details of the appropriate action for you to take. To obtain a copy of the leaflet apply in writing or contact on-line:

No Credit Leaflet,
PO Box 99,
Nelson,
BB9 8GS