Privacy Policy
Your Privacy is Important to Us
Loanpal Group, operated by AOBO FORTUNE PTY LTD (ACN 642 256 406, Australian Credit Licence 565911), is committed to protecting your privacy. We understand that the personal and financial information you share with us is sensitive and confidential, and we are committed to handling your information responsibly.
This Privacy Policy outlines how we collect, use, hold, exchange, and protect your personal information. We are bound by the Privacy Act and the Australian Privacy Principles (APPs), which guide how we manage personal information.
What Information Do We Collect?
We may collect the following types of personal information:
Identity and contact details (e.g. name, address, phone number, email)
Date of birth, marital status
Employment and financial details
Credit history and loan information
Any other information required to provide you with mortgage services
We may also collect sensitive information (such as health data) for specific purposes, such as assisting with insurance applications. Sensitive information will only be collected with your consent.
How Do We Collect Your Information?
We primarily collect information directly from you when:
You complete forms on our website
You communicate with us via phone, email or in-person
You apply for a loan or request other services
In some cases, we may collect information from:
Credit reporting bodies
Other financial institutions
Third-party service providers acting on our behalf
We will always notify you when collecting personal information from third parties and explain how it will be used.
Why Do We Collect Your Information?
We collect, use and disclose your personal information to:
Submit and manage your loan application
Provide information on related financial or insurance products
Administer our relationship with you
Meet legal and regulatory obligations
Conduct internal analysis and reporting
Provide marketing communications (unless you opt out)
Maintain website security and understand user preferences
Direct Marketing
We may use your information to send you relevant updates, offers, or product information. This may include services provided by Loanpal Group or trusted third-party partners.
You can opt out of marketing communications at any time by contacting us at:
admin@theloanpal.com
Who Do We Share Your Information With?
We may share your information with:
Credit providers and credit reporting bodies
Government and regulatory authorities
Legal, financial or real estate professionals
Mortgage insurers, brokers or managers
Contractors or service providers (e.g. IT, marketing, mail houses)
Entities involved in securitisation or business transfers
Partners offering related financial products
Before sharing your personal information, we take reasonable steps to ensure the recipient adheres to privacy obligations. We will only share your information with your consent, unless required by law.
Accessing and Correcting Your Information
You have the right to access and correct your personal information held by us.
Simple updates (e.g. address or contact info) are handled free of charge
For more complex requests, a small fee may apply (we'll let you know upfront)
We aim to respond within 30 days
To request access or a correction, contact:
E:admin@theloanpal.com
The Privacy Officer, Loanpal Group
A: Suite 703, 97-99 Bathurst Street, Sydney NSW 2000
If we deny your request, we will explain why and let you know how to lodge a complaint.
Cookies and Website Security
When you visit our website, we may use cookies to:
Improve your user experience
Monitor site performance and traffic
Understand which areas of our site are most useful
You can manage cookie settings in your browser at any time.
Privacy Complaints
If you believe your privacy has been breached or mishandled, we encourage you to contact us directly. We take all complaints seriously and aim to resolve them quickly and fairly.
If you're not satisfied with our response, you may contact the Office of the Australian Information Commissioner (OAIC):
Level 3, 175 Pitt Street, Sydney NSW 2000
www.oaic.gov.au