Loans Canada Launches Free Credit Score Portal And Is Recognized As One Of Canada’s Top Growing Companies
Loans Canada is pleased to announce it placed No. 131 on the 2022 Report on Business ranking of Canada’s Top Growing Companies.
Our privacy philosophy
At Loans Canada, trust, support, and reliability are core to our guiding principles. Read through this Privacy Policy (“Privacy Policy”) so you understand how we use, share, secure, and store your data.
Welcome to the website https://loanscanada.ca/ (the “Website”) of Loans Canada & CompareHub & Prets Quebec (6069321 Canada Inc) (“Loans Canada”, “we,” “us,” or “our”). Loans Canada is a loan comparison platform and is used to learn about lenders and credit or to apply for loans and other financial services and other related services (collectively, the “Service(s)”). Loans Canada does not arrange or underwrite any financial services and is simply a referral service. When you apply for a service on Loans Canada, our platform will make a referral of your application to qualified providers. “Users” and “you” refer to anyone who visits or uses our Services, or communicates with us. The Website is a copyrighted work belonging to 6069321 Canada Inc.
This Privacy Policy explains what personal information we collect, how we use and share that personal information, and your choices concerning our personal information practices. For the purposes of this Privacy Policy, “Personal Information” is any information about an identifiable individual, but does not include business contact information used to contact the individual for purposes relating to their job. For any collection, use, disclosure or other processing that is not reasonably necessary to provide what you’ve asked from us or for purposes connected to enforcing or protecting your or our rights, you can opt-out of such information handling practice. To learn how to opt-out, please see Section 15 below entitled “Your Choices”.
Before using the Services or submitting any Personal Information to Loans Canada, please review this Privacy Policy carefully and contact us if you have any questions. By using Loans Canada or submitting any information to Loans Canada, you have agreed to the practices described in this Privacy Policy. If you do not agree to this Privacy Policy, please do not access the Website or otherwise use the Services. This Privacy Policy is incorporated into and subject to our Terms of Service (the “Terms of Service”).
The Service is intended to be used by Users only in Canada. If you are not in Canada, please do not use our Services.
Our primary purpose when collecting Personal Information is to provide the Services expected from us by our Users, to achieve optimal operation of our business, and to improve the quality of their interactions by creating customized experiences. The type of Personal Information we collect is reasonably connected to these purposes. For any information that is not reasonably connected to the reason you reached out to Loans Canada, you may opt-out of the information handling practice.
Loans Canada only collects information required to match Users with providers for the Services they request. Our goal is to minimize intrusiveness and maximize the protection of your Personal Information. The type of information that may be collected varies on the Service used (including loan applications, debt relief, business financing, credit building solutions, car loan services, mortgage services, and money transfers), and includes, but is not limited to:
Technical and Internet Activity Information: When you use the Services, we may automatically log the following information:
Personal Information may be collected in a number of ways, primarily through the Services.
In general, you can browse the Website without telling us who you are or revealing any Personal Information about yourself. If you would like to proceed with the Services, we require certain information from you in order to fulfill service features and functionality, verify your identity, and provide a safe experience for all parties. Information collected includes, but is not limited to, identifying information, and contact information.
We may use the following technologies to collect information:
You do not have to use the Services if you do not want to disclose your information. You have the right to refuse to provide us with information by disengaging from the feature or offering that is making the request
We use your Personal Information for the following purposes:
Our Sharing: We do not sell, rent, license, or lease your Personal Information to third parties except for the purpose of servicing your financial product or service request. Additionally, we may share Personal Information with our staff as well as:
Loans Canada may disclose your Personal Information: (a) to any governmental authority as part of an investigation to determine our compliance with any applicable law, rule, or regulation (including privacy laws, rules, and regulations); (b) in response to a court order, subpoena, discovery request, or other lawful judicial or administrative proceeding; (c) as otherwise required or permitted under any applicable law, rule, or regulation; and (d) in good faith, to protect or defend the rights or property of Loans Canada or a third party.
In the instances described above, we may be required to share your Personal Information with or without your consent. In limited circumstances, we may be legally prohibited from advising you that your information was shared in this way.
We keep Personal Information until:
If you wish to have us delete your data held on our servers, please contact us at the support contact information listed in this Privacy Policy.
Our Service is not intended for children who are under the age of 18. Loans Canada does not knowingly collect Personal Information from children under the age of 18. If you have reason to believe that a child under the age of 18 has provided Personal Information to Loans Canada through the Service please contact us and we will endeavour to delete that information from our databases.
When you apply for a job with Loans Canada, we collect the information that you provide in connection with your job application. This includes name, contact information, professional credentials and skills, educational and work history, and other information that may be included in a resume or provided during interviews (which may be recorded). This may also include demographic or diversity information that you voluntarily provide. We may also conduct background checks and receive related information.
We use applicants’ information to facilitate our recruitment activities and process employment applications, including evaluating candidates and monitoring recruitment statistics. If you are a successful applicate, we have a separate privacy policy for employees; however, as a general overview, we use successful applicants’ information to administer the employment relationship. We may also use and disclose applicants’ information (a) to improve our Website; (b) as otherwise necessary to comply with relevant laws; (c) to respond to subpoenas or warrants served on Loans Canada; and (d) to protect and defend the rights or property of Loans Canada or others.
The Service may contain links to other websites not operated or controlled by Loans Canada, including social media services (“Third Party Websites”). The information that you share with Third Party Websites will be governed by the specific privacy policies and terms of service of the Third Party Websites and not by this Privacy Policy. By providing these links we do not imply that we endorse or have reviewed these sites. Please contact the Third Party Websites directly for information on their privacy practices and policies.
You use the Service at your own risk. We implement commercially reasonable technical, administrative, and organizational measures to protect Personal Information both online and offline from loss, misuse, and unauthorized access, disclosure, alteration, or destruction. In addition, our employees and contractors understand the importance of keeping your information private. All employees and contractors are expected to maintain the confidentiality of Personal Information.
However, no Internet or e-mail transmission is ever fully secure or error-free. In particular, e-mail sent to or from us may not be secure. Therefore, you should take special care in deciding what information you send to us via the Service or e-mail. Risks resulting from breaches depend on the nature of the information at issue and the circumstances around the breach. When third-party threat actors are involved, the risks increase and are varied including phishing attempts and identity theft. Please keep this in mind when disclosing any Personal Information to Loans Canada via the Internet. In addition, we are not responsible for circumvention of any privacy settings or security measures contained on the Service or Third Party Websites. We encourage all individuals to provide only the information they are comfortable with providing a third-party, keep watch for communications that are suspicious, and report any suspicious activity to us as soon as possible.
To the extent we transfer or disclose Personal Information to a third party outside Canada, your Personal Information may be subject to the laws of the foreign jurisdictions to which the data is processed or in which it is stored, including any law permitting or requiring disclosure of the information to the government, government agencies, courts, and law enforcement in that jurisdiction. We have undertaken due diligence and have taken appropriate safeguards to require that your Personal Information will remain protected and require our third-party service providers, and partners if applicable, to have appropriate safeguards as well. Where we transfer any Personal Information out of the jurisdiction where you live, including for one or more of the purposes as set out in this Privacy Policy, we will do so in accordance with the requirements of applicable data protection laws, including by entering into data transfer agreements with the recipient to ensure your Personal Information is accorded an adequate level of protection.
Note that the above opt-out mechanisms are specific to the device or browser on which they are exercised. You will need to opt-out on every browser and device that you use to access the Website.
This Privacy Policy and all related matters shall be interpreted and construed in accordance with the laws of the Province of Ontario and the applicable federal laws of Canada.
The Service and our business may change from time to time. As a result, we may change this Privacy Policy at any time. Unless another type of notice is required by applicable law, we will post an updated version on this page indicating the effective date of the update at the top of this Privacy Policy. By continuing to use our Service or providing us with Personal Information after we have posted an updated Privacy Policy, or notified you by other means if applicable, you consent to the revised Privacy Policy and practices described in it.
We encourage you to periodically review our Website for the latest information on our privacy practices. If at any point you do not agree with the terms of this Privacy Policy, you must not use the Website or our Services.
If you have any questions about our Privacy Policy or information practices, please feel free to contact us at our designated request address: legal@loanscanada.ca.
Save time and money with Loans Canada. Research and compare lenders before you apply. Share your experiences with Canada's top lenders.
Loans Canada is pleased to announce it placed No. 131 on the 2022 Report on Business ranking of Canada’s Top Growing Companies.
All consultations and conversations with Loans Canada and its partners are confidential and risk-free. Speak with a trusted specialist today and see how we can help you achieve your financial goals faster. Loans Canada and its partners will never ask you for an upfront fee, deposit or insurance payments on a loan. Loans Canada is not a mortgage broker and does not arrange mortgage loans or any other type of financial service.
When you apply for a Loans Canada service, our website simply refers your request to qualified third party providers who can assist you with your search. Loans Canada may receive compensation from the offers shown on its website.
Only provide your information to trusted sources and be aware of online phishing scams and the risks associated with them, including identity theft and financial loss. Nothing on this website constitutes professional and/or financial advice.