Compass Business Finance, are committed to protecting and respecting your privacy.
This Policy explains when and why we collect personal information about people who visit our website, how we use it, the conditions under which we may disclose it to others and how we keep it secure.
By using our website, you’re agreeing to be bound by this Policy.
1. Collecting information
We obtain information about you when you use our website, for example, when you contact us about products and services, or if you register to receive our monthly newsletters.
2. Type of information collected
The personal information we collect might include your name, job title, company, address, email address, IP address, and information regarding what pages are accessed and when.
3. Use and storage of your personal information
When you supply any personal information to Compass through this site (e.g. through our contact form or on our “Careers” page) we have legal obligations towards you in the way we deal with that data.
Compass uses your personal information for the following purposes:
- providing a personalised service;
- marketing, and promotions (where express consent has been provided by you);
- processing job applications;
- customer services.
In general, any information you provide to the Compass will only be used by Compass and by its service providers. Compass also works with other companies that help us provide products and services to you, and we may provide your personal information to these companies. For example, where we may work with a third-party company to provide you with the best finance option.
We are legally required to hold some types of information to fulfil our statutory obligations. 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. At times Compass may be required by law to disclose your personal information.
4. Your choice
We will not contact you for marketing purposes by email or post if you have indicated that you do not wish to be contacted. You can change your marketing preferences at any time by contacting us by email: firstname.lastname@example.org or phoning 01732 833477.
5. Your rights
- Your right to access data
- Your right to be informed
- Your right to restrict processing
- Your right to be forgotten
- Your right to data portability
- Your right to object
The accuracy of your information is important to us. If you change email address, or any of the other information we hold is inaccurate or out of date, please email us at: email@example.com or by writing to Compass Business Finance Limited of Compass House, Medway Wharf Road, Tonbridge, TN9 1GH. Alternatively, you can telephone 01732 833477.
You have the right to ask for a copy of the information Compass Business Finance hold about you.
6. Automated Decision Making
We may make automated decisions on certain matters. Such checks may be informed by credit scoring where we share your information with credit reference agencies, screening on databases and confirmation of your information (including by third parties). Submitting to an anti-money laundering check is necessary. If this information is not provided we cannot agree to provide you with our products or services. If you are not happy with the response you receive, you may, within one month of receiving our response, tell us the basis of your objection and ask us to arrange for the decision to be reviewed by one of our credit underwriting team. We will notify you of the steps taken and of the outcome of complying with your request.
We may analyse your personal information to create a profile of your interests and preferences so that we can contact you with information relevant to you. We may make use of additional information about you when it is available from external sources to help us do this effectively. We may also use your personal information to detect and reduce fraud and credit risk.
8. Use of ‘cookies’ and website analytics
It is possible to switch off cookies by setting your browser preferences. For more information on how to switch off cookies on your computer, visit our full cookies policy. Turning cookies of may result in a loss of functionality when using our website.
9. Data Security
Compass Business Finance secures your personal information from unauthorised access, use or disclosure. Compass Business Finance secures the personally identifiable information you provide on computer servers in a controlled, secure environment, protected from unauthorised access, use or disclosure. When personal information (such as a credit card number) is transmitted to other Web sites, it is protected through the use of encryption, such as the Secure Socket Layer (SSL) protocol.
10. Credit Reference Agency (CRA) notice information
Currently, the credit reference agency we use is Creditsafe but this may change over time. For more information on credit reference agencies, the type of information they make available to us and how they use your data, visit the Creditsafe website.
You can contact the CRAs currently operating in the UK. The information they hold may not be the same, so it is worth contacting them all.
CallCredit – Consumer Services Team, PO Box 491, Leeds, LS3 1WZ or call 0870 0601414
Equifax Plc – Credit File Advice Centre, P O Box 3001, Bradford, BD1 5US or call 0870 010 0583
Experian – Consumer Help Service, PO Box 8000, Nottingham NG80 7WF or call 0844 4818000
11. Contact Information
The “Data Controller” is Compass Business Finance Ltd of Compass House, Medway Wharf Road, Tonbridge, TN9 1GH. Company registration number 5649414.
If you have any questions regarding this policy, please contact us by emailing firstname.lastname@example.org or alternatively, you can telephone 01732 833477.
12. Review of this Policy
Compass Business Finance will occasionally update this Statement of Privacy to reflect updates in legislation, company and customer feedback. Compass Business Finance encourages you to periodically review this Statement to be informed of how Compass Business Finance is protecting your information.
Last updated: 31 March 2021