Privacy Policy
BizCred.co.uk
Effective Date: 1st Jan 2025

At BizCred.co.uk, we are committed to protecting your privacy and ensuring that your personal information is handled responsibly.

This Privacy Policy outlines how we collect, use, and protect your data when you use our services.

‍1. Information We Collect

‍When you use BizCred.co.uk, we may collect the following types of information:Personal details such as name, email address, and business information.Financial data, including credit report information, to help us match you with suitable financial products.Usage data, such as how you interact with our website and services.

2. How We Use Your Information
‍Our service is completely free to use. However, we may use your credit report information to accurately assess and select financial products you may be eligible for. Specifically:We conduct soft searches on your credit file, which do not affect your credit score.We match your profile with potential financial products based on your eligibility.There is no obligation to proceed with any financial products suggested to you.

‍3. Soft Searches vs. Hard Searches
‍We only perform soft searches, which:Do not impact your credit score.Are not visible to lenders assessing your creditworthiness.Are used solely for the purpose of helping you identify suitable financial products.We do not conduct hard searches, which would leave a mark on your credit file.

‍4. Commission Disclosure
‍Whilst we offer our service for free, if you choose to take any financial products we offer, we may receive a commission payment from the provider. This commission does not impact the terms of the product you receive.

‍5. Data Protection and SecurityWe take appropriate measures to safeguard your data, including:Secure storage and encryption of sensitive information.Limited access to personal data only for authorized personnel.

Compliance with applicable data protection laws, including the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018.

‍6. Sharing Your InformationWe do not sell your personal data to third parties. However, we may share your information with:Financial institutions and lenders to facilitate product matching.Third-party service providers who assist us in delivering our services.

‍