Dear Valued Customer: In order to enable you to better understand how we use the personal data we may collect from you, we have recently updated our arrangement on personal data collection as described below:
We would continue to use your personal data (including your name, emails, telephone numbers and addresses) to send you marketing communications such as direct-mail, email, telephone and SMS containing news, offers and promotions on products and services.
If you wish to opt-out from receiving marketing information from us, you may write to us via mail at G/F, Unit 10F, 118 Connaught Road West, Hong Kong or via email to email@example.com. We will stop using your personal data in direct marketing after processing your opt-out request.
Thank you for your attention! At Greatway Finance, we are committed to protecting your personal and data privacy.
Greatway Finance Limited
1 June, 2015
Notice to Customers from Greatway Finance Limited (the ‘Company’) relating to the Personal Data (Privacy) Ordinance (the ‘Ordinance’)
(1) The purposes for which data relating to a customer may be used are as follows:
(a) Processing applications for loans;
(b) Providing daily operation services and credit facilities;
(c) Conducting credit checks;
(d) Assisting other financial institutions in checking credit and collecting debt;
(e) Ensuring a dependable credit for customers;
(f) Designing financial services or other related products for customers;
(g) Promoting financial services or related products;
(h) Determining the amount of indebtedness owed to or by Customers;
(i) Enforcing Customers’ obligations, including without limitation the collection of amounts outstanding from Customers and those providing security or guarantee for Customers’ obligations;
(j) Meeting the requirements for making disclosures under the requirements of any law binding on the Company;
(k) Enabling an actual or proposed assignee of the Company, or participant or sub-participant of the Company’s rights in respect of data subjects to evaluate the transaction intended to be the subject of the assignment, participation or sub-participation; and
(l) Purposes relating thereto.
(2) Data held by the Company relating to Customers will be kept confidential but the Company may provide such information to the following parties for the purposes set out below:
(a) Any agent, contractor or third party service provider who provides administrative, telecommunications, computer, payment, debt collection or other services to the Company in connection with the operation of its business;
(b) Any other person under a duty of confidentiality to the Company, including a member of the same group to which the Company belongs, which has undertaken to keep such information confidential;
(c) Credit reference agencies, and, in the event of default, debt collection agencies;
(d) Any person to whom the Company is under an obligation to make disclosure under the requirements of any law binding on the Company or any of its branches;
(e) Any actual or proposed assignee of the Company or participant or sub-participant or transferee of the Company’s rights in respect of Customers;
(3) Under and in accordance with the terms of the Ordinance and the Code of Practice on Consumer Credit Data approved and issued under the Ordinance, any Customer has the right:
(a) To check whether the Company holds data about him or her, and to access such data;
(b) To require the Company to correct any data relating to him or her that is inaccurate;
(c) To ascertain the Company’s policies and practices in relation to data and to be informed of the kind of personal data held by the Company; and
(d) When related to personal finance, to be informed on request which items of data are routinely disclosed to credit reference agencies or debt collection agencies, and be provided with further information to enable the making of an access and correction request to the relevant credit reference agency or debt collection agency.
(e) In the event of any default in payment, unless the amount in default is fully repaid before the expiry of 60 days from the date such default occurred, the Customer is liable to have his account repayment data retained by the credit reference agency up to the expiry of 5 years from the date of final settlement of the amount in default; and
(f) Upon satisfactory termination of the credit by full repayment and on condition that there has been, within 5 years immediately before such termination, no default of payment lasting in excess of 60 days under the credit, to instruct the Company to make a request to the relevant credit reference agency to delete from its database any account data relating to the terminated credit.
(4) The person to whom requests for access to data or correction of data or for information regarding policies and practices and kinds of data held are to be addressed is as follows:
Greatway Finance Limited
G/F, Unit 10F, 118 Connaught Road West, Hong Kong
(5) Nothing in this Notice shall limit the rights of Customers under the Ordinance.
Money Lender’s License No. 0448/2016