Privacy Policy

Loan Platform Australia is committed to protecting your privacy. This policy explains how we collect, use, disclose, and safeguard your personal information in accordance with the Australian Privacy Act 1988.

Last Updated: January 2025

Privacy at a Glance

We're a comparison platform — not a lender. We connect you with ASIC-licensed lenders.

We collect minimal data — only what's needed to match you with suitable lenders.

We secure your information — using encryption and industry-standard security measures.

You control your data — access, correct, or delete your information anytime.

Who We Are

Loan Platform Australia (operated by Maloni s.r.o.) is a loan comparison service that helps Australian consumers find suitable personal loans from ASIC-licensed lenders. We do not issue loans directly, nor do we make credit decisions.

When you use our service, you provide information that helps us:

  • Understand your loan needs and financial situation
  • Match you with appropriate ASIC-licensed lenders
  • Share your application with selected lenders (with your consent)
  • Improve our platform and provide customer support

This privacy policy covers information collected by Loan Platform Australia only. Once you proceed to a lender's website or submit an application, that lender's privacy policy applies.

Information We Collect

Personal Information

When you use our comparison service, we may collect:

  • Contact details: name, email, phone number, address
  • Financial information: income, employment status, expenses, existing debts
  • Loan requirements: amount needed, purpose, preferred term
  • Identification: date of birth, residency status (to verify eligibility)

We collect this information directly from you when you complete our online form or contact us.

Usage & Technical Information

We automatically collect certain technical information:

  • Device data: IP address, browser type, operating system
  • Usage data: pages viewed, time spent, click patterns
  • Location data: approximate location based on IP address
  • Cookies: session IDs, preferences, analytics tags

This information helps us understand how users interact with our platform and improve performance.

How We Use Your Information

We use your personal information for the following purposes, in accordance with the Australian Privacy Principles (APPs):

1Loan Matching & Referrals

We share your application with selected ASIC-licensed lenders who offer products matching your requirements. You consent to this sharing when you submit your application.

2Communication & Support

We may contact you via email, SMS, or phone to confirm your application, provide loan comparisons, or offer customer support. You can opt out of marketing communications at any time.

3Platform Improvement

We analyse aggregated, de-identified data to improve our service, understand user needs, and develop new features. This data cannot be used to identify you personally.

4Legal & Regulatory Compliance

We may use or disclose your information to comply with Australian law, ASIC regulations, court orders, or to prevent fraud and illegal activity.

5Marketing (With Consent)

With your consent, we may send you information about related financial products, educational content, or platform updates. You can unsubscribe anytime via the link in our emails.

Who We Share Your Information With

ASIC-Licensed Lenders

When you submit a loan application, we share your information with selected lenders who:

  • • Hold an Australian Credit Licence (ACL)
  • • Offer products matching your requirements
  • • Have agreed to our partner standards

Each lender has their own privacy policy. Review these before accepting a loan offer.

Service Providers

We use trusted third-party service providers for:

  • Hosting & Infrastructure: Secure cloud storage and platform hosting
  • Analytics: Understanding user behaviour (Google Analytics, etc.)
  • Email & SMS: Sending communications and application updates
  • Payment Processing: Handling commission payments from lenders (not from you)

All service providers are contractually required to protect your data and use it only for specified purposes.

Legal Disclosures

We may disclose your information if required by law, including to:

  • • Australian regulatory bodies (ASIC, AFCA)
  • • Law enforcement or government agencies (with valid legal authority)
  • • Courts or tribunals (in response to subpoenas or court orders)
  • • Fraud prevention agencies (to detect and prevent illegal activity)

How We Protect Your Information

We take data security seriously and implement industry-standard measures to protect your personal information:

Technical Safeguards

  • • SSL/TLS encryption for data transmission
  • • Encrypted storage of sensitive information
  • • Firewalls and intrusion detection systems
  • • Regular security audits and vulnerability testing

Organisational Safeguards

  • • Limited access to personal data (need-to-know basis)
  • • Staff training on privacy and data protection
  • • Confidentiality agreements with employees and partners
  • • Incident response procedures for data breaches

Note: No method of online transmission or storage is 100% secure. While we strive to protect your information, we cannot guarantee absolute security. Please use strong passwords and keep your login credentials confidential.

Your Privacy Rights

Under the Australian Privacy Act 1988, you have the following rights regarding your personal information:

Access Your Information

You can request a copy of the personal information we hold about you. We'll provide this within 30 days (free of charge, unless the request is excessive).

Correct Your Information

If your personal information is inaccurate, incomplete, or out of date, you can ask us to update it. We'll make corrections within a reasonable timeframe.

Delete Your Information

You can request deletion of your personal information, subject to legal retention requirements. We may need to keep certain records for compliance purposes.

Opt-Out of Marketing

You can unsubscribe from marketing emails by clicking "Unsubscribe" in any email, or by contacting us directly. Note: You'll still receive essential service communications.

Lodge a Complaint

If you believe we've mishandled your personal information, contact us first. If unresolved, you can complain to the Office of the Australian Information Commissioner (OAIC).

To exercise your rights, contact us:
Email: privacy@loan-platform.com
Include your full name, email address used on our platform, and details of your request.

Cookies & Tracking Technologies

We use cookies and similar technologies to improve your experience on our platform:

Essential Cookies

Required for the platform to function (e.g., session management, security). Cannot be disabled.

Analytics Cookies

Help us understand how users interact with our site (e.g., Google Analytics). You can opt out via browser settings or tools like Google Analytics Opt-out.

Marketing Cookies

Track conversion from ads and affiliate referrals. Used to measure campaign effectiveness. You can manage these in your browser settings.

Most browsers allow you to control cookies through settings. Note that disabling cookies may affect platform functionality.

Data Retention

We retain your personal information only as long as necessary for the purposes outlined in this policy, or as required by law:

  • Application data: Retained for 7 years to comply with financial record-keeping requirements under Australian law.
  • Marketing data: Retained until you unsubscribe or request deletion.
  • Analytics data: Aggregated and anonymized data may be retained indefinitely.

After the retention period, we securely delete or anonymize your information.

Children's Privacy

Our service is not intended for individuals under 18 years of age. We do not knowingly collect personal information from children. If you believe a child has provided us with information, please contact us immediately so we can delete it.

Changes to This Privacy Policy

We may update this privacy policy from time to time to reflect changes in our practices, technology, or legal requirements. When we make material changes, we will:

  • • Update the "Last Updated" date at the top of this page
  • • Notify you via email (if you have an active application or account)
  • • Display a notice on our website for 30 days

We encourage you to review this policy periodically. Continued use of our service after changes constitutes acceptance of the updated policy.

Contact Us About Privacy

If you have questions, concerns, or requests regarding this privacy policy or our data practices, please contact us:

Privacy Officer: Loan Platform Australia
Legal Entity: Maloni s.r.o.

We aim to respond to all privacy inquiries within 30 days.

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