LoanConnect and Asset Direct of Canada Inc. (collectively known as “ADC”) provides consumers with a search engine that searches for loans from various Canadian lending institutions. ADC helps connects consumers looking to finance goods or services with loan organizations that offer loans outside of traditional mortgages or lines of credit. ADC also works directly with business owners and sales professionals by offering them a consumer portal. Companies that utilize our service can log their clients onto their portal and lead them through an application for financing that offers an instant loan to cover the cost of their product or service.
When you visit www.loanconnect.ca or www.assetdirect.ca, or any time you interact or do business with ADC, you agree to the terms of this Policy as updated from time to time. We encourage you to periodically review our Policy.
ADC collects identity and contact information from you either in person or through its website for the purposes of searching for loans. This information is used to complete your request, to provide you with better service or to offer you products and services we believe you might be interested in.
The following are examples of personal information that we collect:
Please note that your social insurance number is not required but providing it will increase the likelihood of us correctly verifying your information.
We rely on you to ensure that your information is accurate. We do not update the personal information we receive about you from other sources, unless this is necessary to achieve the purposes for which this information was collected.
ADC uses your personal information to search for loans and provide you with competitive options. In doing so, we may collect, use and disclose your personal information for a number of purposes, including:
ADC will not collect, use or disclose personal information for other purposes without obtaining your further consent, except where authorized or required by law.
You are always in control of your personal information. You may revoke ADC’s consent to maintain or release personal information to any party by advising ADC of your revocation of consent in writing to firstname.lastname@example.org. The revocation of consent shall be effective immediately, subject to legal, regulatory or contractual restrictions and reasonable notice.
Under certain circumstances, your personal information may be shared with third-party financial lenders chosen by ADC for the purpose of evaluating your eligibility to receive financing pre-approval from their financial institutions. Third-party financial lenders may collect, store, disclose or otherwise use any personal information that you have provided to ADC. Under the Policy, ADC is not responsible in any manner for direct, indirect, special or consequential damages, however caused, arising out sharing your personal information with third-party financial lenders.
ADC may also share your personal information with third-party cloud service providers chosen by ADC for the purpose of providing Call Centre Services and email or SMS marketing. The third-party cloud service providers may collect and store, but not disclose or otherwise use any personal information provided by you to ADC.
ADC endeavours to maintain the strict confidentiality of your personal and contact information. ADC acknowledges and adheres to the terms and regulation of the Personal Information Protection and Electronic Documents Act (PIPEDA) when collecting any personal information.
If you want to verify the accuracy of personal information we hold about you, you may submit a written request to email@example.com. To avoid delays in obtaining your information, please provide sufficient detail to permit us to identify you and the specific information you are requesting.
Please note that there may be instances where access may be restricted as permitted or required by law. If applicable, we will advise you of the reasons for restricting access subject to any legal or regulatory limitations.