|1. Pre Application Info||2. Qualification Questions||3. Loan Details||4. Your Details||5. Living Status||6. Employment History||7. Declaration||8. Finish|
USE OF INFORMATION AND CUSTOMER DECLARATION
What Vinci Hair Clinic does when you apply:
Vinci Hair Clinic will search your record at credit reference and fraud prevention agencies and that of any 'financial associate' (a person with whom you have, or have had, joint personal financial arrangements such as joint accounts or with whom you have made joint credit applications). This may be your spouse or partner but not a business partner. If you tell Vinci Hair Clinic that you have a financial associate, they will search, link and record information about you both at credit reference agencies. You must be sure you have your financial associate's agreement to disclose their information.
They may also, in certain limited circumstances, check the record, including credit details, of other members of your family and, if you are a director or partner in a small business, they may also check on your business.
If you give false or inaccurate information and fraud is identified, Vinci Hair Clinic will record this with fraud prevention agencies. Law enforcement agencies may access and use this information. Vinci Hair Clinic will use a scoring or other automated decision-making system to assess your application and to verify your identity.
What Vinci Hair Clinic does when you have an agreement with them:
Vinci Hair Clinic will add to your record with the credit reference agencies, details of your agreement with them, the payments you make under it, any default or failure to keep its terms and any change of name or address. Account information given to credit reference agencies remains on file for 6 years after the account is closed, whether settled by you or upon default.
What the credit reference agencies will do:
Whether or not this application proceeds, the credit reference agency will place a record of the Vinci Hair Clinic search on your credit file. This record (but not the Vinci Hair Clinic name) will be seen by other organisations when you apply for credit in the future. A large number of applications within a short period of time could affect your ability to obtain credit.
Whether or not this application proceeds, the agencies will link your records and those of your financial associate(s), including any previous and subsequent names. These links will remain on your, and their, files until you or they tell the agency you are no longer financially linked and until the agency accepts this.
The agencies may supply Vinci Hair Clinic with credit information, such as previous applications, the conduct of accounts in your and your financial associate's name, any business accounts you have, fraud prevention information and public information such as County Court Judgments, bankruptcies and the Electoral Register.
How Vinci Hair Clinic and others use the agency information:
Some information held by the credit reference and fraud prevention agencies will be disclosed to Vinci Hair Clinic and other organisations to, for example:
- prevent fraud and money laundering.
- recover debts that you owe and trace your whereabouts.
- manage credit accounts and other facilities.
- verify your identity.
- make decisions on credit, insurance and other facilities, about you, your financial associate(s), members of your household or your business.
- facilitate statistical analysis to help with credit and account management decisions.
The information held by these agencies can be used for other purposes for which you give your specific permission or when required by law or where permitted under the terms of the Data Protection Act 1998. Vinci Hair Clinic and other organisations may access and use, from other countries, the information recorded by fraud prevention agencies.