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Fosik Privacy Policy

Fosik Lending is firmly committed to protecting the confidentiality and integrity of our customers’ information. If we collect information, we protect and preserve its integrity. Whenever we make use of our customers’ information, we utilize it with discretion and solely for lawful purposes.

Fosik Lending is a business built upon trust. We gain the confidence and reliance of our customers one at a time. Among the most essential duties we owe our customers is careful protection of private information. The information you provide deserves to be handled securely and discreetly. By the very nature of our business, Fosik Lending is entrusted with a great deal of sensitive information about our customers, their finances, and sometimes even personal relationships. We recognize the uniquely private nature of this information and take great care to protect it.

Information practices

Prevailing standards for businesses that collect personally identifiable information fall into four main categories: notice, choice, access and security. Stated differently, these information-gathering practices involve respectively (a) disclosure of the company’s privacy policies, (b) options and a voice about how one’s personal information is stored and used, (c) an individual’s right to review, correct and contest data pertaining to him or her, and (d) commitment to and assurances by the business that reasonable steps are taken to safeguard the information people have disclosed.

• Notice. Since privacy is a dynamic and evolving concept, you can stay up to date with Fosik Lending’s Privacy Policy by visiting our privacy web pages. If you want further information at any time, you can also contact us at contact@fosik.com.au or by submitting an enquiry on our website.
• Choice. If you want to make a change in how your information is employed and retained by Fosik Lending, let us know. Log on to our secure website to modify your information or contact us at contact@fosik.com.au and we’ll adjust according to your wishes. Remember, however, that e-mails travel unprotected over the Internet so don’t send any information you want to remain confidential in your message.
• Access. Curious about exactly what information you’ve provided to us? Want to supplement, update, or clarify your data, or challenge information you believe to be incorrect? If so, send an enquiry to contact@fosik.com.au or log on to our secure website, which is the best and safest way to alert us of any potential discrepancy.
• Security. Please occasionally revisit our privacy pages to keep informed about how Fosik Lending stays current with the latest technological advances designed to ensure preservation of confidential information.

Fosik Lending proudly adheres to these information-gathering precepts, incorporating them into our privacy procedures and overall business practices.

Furthermore, Fosik Lending conducts business in accordance with the pertinent laws and regulations relating to our products and services again, Fosik Lending abides by and endorses the philosophy underlying the pertinent law. After all, it isn’t just an obligation: it’s also good business.

Whose privacy is protected?

Fosik Lending’s business model is all about financial convenience and simplicity. Our customers are therefore both borrowers and lenders, individuals confident that we will safeguard their personal information with discretion.

In practice is that Fosik Lending will treat the information volunteered to us with utmost discretion. Our active customers, for example, can expect secure information storage and even annual notices regarding Fosik Lending’s Privacy Policy and the status of their information. As for those people who aren’t full-fledged Fosik Lending customers, we will not share collected information except as permitted by law.

Even after a loan agreement ends, Fosik Lending’s duties and commitment to both the borrower and lender endure. Fosik Lending will continue to treat your information as though you actively remain our customer. Fosik Lending will abide by applicable record retention and privacy rules even after the loan has been repaid or otherwise has come to a close.

At all times, Fosik Lending will furnish pertinent information where compelled or in order to comply with relevant law, in response to a subpoena, court order and other judicial processes, or as required by competent regulatory authorities.