cheap loans uk - our partners - SMART - Quotes

SMART - Quotes was established in 2001 when a gap in the market was perceived for competitive quote engines in the financial services industry. The company is based in Edinburgh and Hampshire, with offices in London and Canada. The quote engine provides clarity of tracking and a comprehensive panel of lenders with the ability to apply online for all products.

SMART - Quotes as a regulated entity
Consumer Credit Licensee

Smart-Quotes holds a Consumer Credit License and complies with the Consumer Credit Act, 1974 (CCA). As such we have been judged by the OFT that:

We are fit to be involved in the activities that the license covers; we comply with the key issues that the OFT takes into account when issuing a license such as :
Non Contravention of other consumer legislation
No Consumer complaints
No Insolvency, bankruptcy or disqualification of Directors

That we will trade honestly and fairly with consumers
That we will not provide any false or misleading information to the OFT when applying for the license.
We will not indulge in unfair business practices such as:
Requiring Consumers to enter into credit agreements in a manner not meeting the requirements of proper execution as prescribed by Section 61 (1)(a)-(c) of the CCA

Misleading or false statements inducing Consumers to enter into contract by way of misleading advertising relating to finance.

Data Protection Act 1998 Compliance

Smart-Quotes will conform to the requirement of the Data Protection Act 1998.

THE DATA PROTECTION PRINCIPLES

From The Data Protection Act 1998

THE PRINCIPLES

1. Personal data shall be processed fairly and lawfully and, in particular, shall not be processed unless-
(a) at least one of the conditions in Schedule 2 is met, and
(b) in the case of sensitive personal data, at least one of the conditions in Schedule 3 is also met.

2. Personal data shall be obtained only for one or more specified and lawful purposes, and shall not be further processed in any manner incompatible with that purpose or those purposes.

3. Personal data shall be adequate, relevant and not excessive in relation to the purpose or
purposes for which they are processed.

4. Personal data shall be accurate and, where necessary, kept up to date.

5. Personal data processed for any purpose or purposes shall not be kept for longer than is
necessary for that purpose or those purposes.

6. Personal data shall be processed in accordance with the rights of data subjects under this Act.

7. Appropriate technical and organisational measures shall be taken against unauthorised or unlawful processing of personal data and against accidental loss or destruction of, or damage to, personal data.

8. Personal data shall not be transferred to a country or territory outside the European Economic Area unless that country or territory ensures an adequate level of protection for the rights and freedoms of data subjects in relation to the processing of personal data.