Privacy Policy

Wiseman Finance Limited T/A Lendixx

1. Introduction

Lendixx needs to gather and use certain information about individuals. This can include customers, suppliers, business contacts, employees and other people the organisation has a relationship with or may need to contact. This policy describes how this personal data must be collected, handled and stored to meet the company’s data protection standards and to comply with the law.

2. Why this policy exists

  • Complies with data protection law and follows good practice.
  • Protects the rights of all individuals’ data.
  • Is open about how it stores and processes individuals’ data.
  • Protects Lendixx from the risks of a data breach.

3. Data Protection Principles

To comply with the law, personal information must be:

  • 01. Processed lawfully, fairly and in a transparent manner.
  • 02. Collected for specified, explicit and legitimate purposes.
  • 03. Adequate, relevant and limited to what is necessary.
  • 04. Accurate and, where necessary, kept up to date.
  • 05. Kept for no longer than is necessary (6 years in line with FCA rules).

4. Lawful Basis for Processing

Lendixx acts as a Data Controller and Data Processor. We process data primarily under the basis of Contract: the processing is necessary for a contract you have with the individual, or because they have asked you to take specific steps before entering into a contract (e.g. providing a quote for finance).

5. Individual Rights

Under GDPR, you have the following rights:

The Right to be Informed
The Right of Access
The Right to Rectification
The Right to Erasure
The Right to Restrict Processing
The Right to Data Portability
The Right to Object
Automated Decision Making Rights

6. Data Security & Storage

When data is stored electronically, it must be protected from unauthorised access, accidental deletion and malicious hacking attempts:

  • Data is protected by strong passwords or encryption.
  • Data is backed up frequently and tested regularly.
  • Servers containing personal data are sited in a secure location.
  • Personal data is never transferred outside of the EEA without adequate safeguards.

7. Sharing of Data

Subject to applicable law, we may share your data with product providers, legal advisors, fraud prevention agencies, and government bodies such as the Financial Conduct Authority (FCA) and the HMRC.

If you have any questions about this policy, please contact info@lendixx.com