When you apply for a loan through crowdlending you are part of the loans between people. This means that it is private investors who make it possible for people like you to finance personal projects. The fact that the transaction is carried out from person to person changes the rules of the game in some aspects, especially as regards your personal data.
The work of participatory financing platforms is developed through a purely digital system. Regarding online security, at Henry Flicker we strictly comply with the LOPD (Law 15/1999 on the Protection of Personal Data) to ensure the absolute confidentiality of the data provided by our users. When the loan application is formalized through the platform, the user must read, understand and accept the privacy conditions that affect their personal data.
And what about the data you provide with your request? Well, both personal and economic data are incorporated into a database of which Henry Flicker owns and becomes part of an automated file. It is with this information that Henry Flicker analyzes your situation in a personalized way to offer you the best economic conditions for your loan.
Of course, and always under the regulation of the LOPD, at any time you can exercise your rights over your personal data through a written communication.
Information about your economic data
The economic data you provide with your application is necessary for Henry Flicker analysts to study your case in depth. The scoring and the loan management itself is carried out with them. In addition, Henry Flicker consults the equity solvency files that allow you to obtain your credit rating or rating.
As for the registration through your bank, Henry Flicker cannot operate with your bank account since the keys you provide are those of entry into your bank. Moreover, if at any time someone asks you for the operation keys, worry because that is when transfers or payments with your data can be carried out. The data provided by your bank is purely for consultation in order to analyze your profile and adjust the interests you are going to pay to the fullest.
What data do investors have access to?
The publication of the projects that seek financing is carried out in the Henry Flicker online platform, where the investor has access to the data of each of the projects: the name, the budget that he needs and the credit rating or rating obtained by the Loan applicant (along with the interest to be paid).
The investor will never have access to your personal data unless, according to regulatory requirements, Henry Flicker must make them available. Even in this case, you can never publicly reproduce or use your information for any purpose other than your personal consultation.
The use of data by third parties
Due to the type of transaction that occurs with crowdlending -economic and with durability over time-, participatory financing platforms work with collection managers that have to access a part of your data. However, they will never be used for any purpose other than that indicated.
First of all, whenever you doubt the origin of a notification, do not hesitate to contact us to check what you need. In Henry Flicker we work with total transparency and, among other things, we do it because we value that there is security for both parties.
Do you need financing for your personal projects and are you already thinking of alternative ways to get it? Remember that Henry Flicker crowdlending is a secure and transparent system. We care about people!