Terms & Conditions Loan Application Data Information

Membership Number: This information is used to initially identify member. This information is shared with our IT service providers.

Payroll number (if applicable): This information is used to identify members who are eligible for payroll deduction. This information is shared with our IT service providers.

National Insurance number: This information is used to identify members and for administering the eligible loan deduction scheme. This information is shared with our IT service providers and debt recovery.

Member name: This information is used to identify members. This information is also used in the prevention of fraud, and for audit and debt collection purposes. This information is shared with our IT service providers, external credit reference agencies and fraud prevention agencies.

Date of birth: This information is used to identify members and also to identify if member is eligible to apply for a loan under our policies. This information is also used in the prevention of fraud, and for audit and debt collection purposes. This information is shared with our IT service providers, external credit reference agencies and fraud prevention agencies.

Marital Status: This information is used to identify member’s Title when addressing member and for use of credit reference agencies which require this information as a mandatory requirement. This information is also used in the prevention of fraud and for debt collection purposes. This information is shared with our IT service providers, external credit reference agencies and fraud prevention agencies.

No. of dependants: This information is used to identify member’s affordability. This information is shared with our IT service providers.

Current address: This information is used to identify members and also to provide up to date information for credit searches. This information is also used in the prevention of fraud, and for audit and debt collection purposes. This information is shared with our IT service providers, external credit reference agencies and fraud prevention agencies.

Post code: This information is used to identify members and also to provide up to date information for credit searches. This information is also used in the prevention of fraud, and for audit and debt collection purposes. This information is shared with our IT service providers, external credit reference agencies and fraud prevention agencies.

Type of Accommodation: This information is used to assess whether equity is available in cases of debt recovery. This information is shared with our IT service providers.

Previous Address (If less than 3 years): This information is used to identify member’s previous address to comply with legal obligations. This information is also used in the prevention of fraud, and for audit and debt collection purposes. This information is shared with our IT service providers, external credit reference agencies and fraud prevention agencies.

Post code: This information is used to identify member’s previous address to comply with legal obligations. This information is also used in the prevention of fraud, and for audit and debt collection purposes. This information is shared with our IT service providers, external credit reference agencies and fraud prevention agencies.

Home telephone number: This information is used to contact members regarding loan application, requests for further information and to make members aware of their loan decision. This information is shared with our IT service providers and fraud prevention agencies.

Mobile number: This information is used to contact members regarding loan application, requests for further information and to make members aware of their loan decision. This information is shared with our IT service providers and fraud prevention agencies.

E-mail address: This information is used to contact members regarding loan application, requests for further information. This information is shared with our IT service providers and fraud prevention agencies.

Signature of Applicant: This information is used as evidence of member’s acceptance or not to direct marketing. This information is shared with our IT service providers.

Date Signed: This information is used to identify the date which this acceptance or not was received.

Purpose of loan: This information is used to identify the reasons that people are borrowing and to identify those eligible to apply for a TFS loan. This information is shared with our IT service providers.


INCOME AND EXPENDITURE: This information is used to identify member’s affordability which is a contributing factor to the overall loan decision. We may be unable to process your application further without this up to date and accurate information. This information is shared with our IT service providers.


Employer: This information is used to identify member employer. This information may be used for members who have wages paid directly in to us and to identify those eligible for payroll deduction. This information is shared with our IT service providers and fraud prevention agencies.

Work Address: This information is used to identify member employer. This information may be used for members who have wages paid directly in to us and to identify those eligible for payroll deduction. This information is shared with our IT service providers and fraud prevention agencies.

Post Code: This information is used to identify member employer. This information may be used for members who have wages paid directly in to us and to identify those eligible for payroll deduction. This information is shared with our IT service providers and fraud prevention agencies.

Work Telephone Number: This information is used to identify member employer. This information may be used for members who have wages paid directly in to us and to identify those eligible for payroll deduction. This information is shared with our IT service providers and fraud prevention agencies.

Occupation: This information is used to identify member employer. This information may be used for members who have wages paid directly in to us and to identify those eligible for payroll deduction. This information is shared with our IT service providers and fraud prevention agencies.

Length of Service: This information is used to identify member employer. This information may be used for members who have wages paid directly in to us and to identify those eligible for payroll deduction. This information is shared with our IT service providers and fraud prevention agencies.

Contract Type: This information is used to identify member employer. This information may be used for members who have wages paid directly in to us and to identify those eligible for payroll deduction. This information is shared with our IT service providers and fraud prevention agencies.

Contract Term: This information is used to identify member employer. This information may be used for members who have wages paid directly in to us and to identify those eligible for payroll deduction. This information is shared with our IT service providers and fraud prevention agencies.

DECLARATION

This information is used to identify member’s eligibility to apply for a loan and also to comply with legal responsibilities including responsible lending. This information is shared with our IT service providers and fraud prevention agencies.

(Please follow this link for full privacy statement.)

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Lanarkshire Credit Union is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our FRN is 213669