Privacy Statement
Advantage Finance Limited is committed to protecting your privacy. This privacy statement outlines how we collect, store, use and share your personal information. For more information, read our full Privacy Policy.
By submitting your details on this website, or by signing a loan offer or loan contract with Advantage Finance Limited, you consent to the use of your personal information in accordance with this privacy statement.
What information do we collect?
We may collect personal information about you, either directly from you or from other parties and we may generate information about you when we carry out our business.
The types of personal information we collect about you may include your:
• Contact information: your name, phone number, email address, postal address, physical address
• Documents that verify your identity and other personal details: such as your passport or drivers’ licence number
• Documents that verify your financial position and credit worthiness: such as details of any property assets you own, any liabilities you have and your credit history
What do we do with it?
We collect and use your personal information to provide the information and services that you request from us, and to provide you with information about other services we consider appropriate.
When necessary, we may use your information to:
• Comply with our legal and regulatory obligations (including Anti Money Laundering/Counter Financing of Terrorism compliance and audit and reporting requirements)
• Verify your financial position and credit worthiness
• Defend or enforce our rights - For example, to collect money owed to us
Who do we share it with?
Besides our staff we may share this information with third parties who enable us to provide you with our services. These include:
• Harmans (our solicitors)
• Miller Gale and Winter (our accountants)
• Centrix Credit Bureau (where we conduct credit and AML checks)
• APLYiD (where we conduct AML checks)
• Business IT Limited (our IT consultants and Cloud host)
• Exodesk - a division of Willis White and Co Limited (suppliers of our finance company loan software)
• Individuals or corporates that may from time to time provide financial assistance to us by way of loan/security sharing arrangements or other financial accomodation
We will only share your personal information with third parties where it is necessary to help us do what we collected your information for, where it is required by law or where you give us authority to.
We require these third parties to adhere to our strict confidentiality requirements for handling personal information and we seek to ensure that they comply with the Privacy Act 2020.
Where do we store it?
We use a third party cloud service provider to store and process the information we collect. We use Business IT Limited cloud servers located in Christchurch. We ensure that our cloud-based service providers are subject to appropriate security and information handling arrangements and that the information stored or processed by them remains subject to confidentiality obligations.
What are my rights?
You do not have to provide information to us. If you choose not to provide necessary personal information when requested, we maybe unable to provide certain information or services to you.
You have the right to ask for a copy of any personal information we hold about you, and to ask for it to be corrected if you think it is wrong. If you have any questions about this privacy statement or you’d like to ask for a copy of the information we hold on you, or to have it corrected, please contact us at leighton@advantagefinance.co.nz.