Salisbury House, 1-9 Union Street, St Helier, Jersey, Channel Islands JE4 9TH
01534 769669

Privacy Policy

Versus Finance is committed to protecting your privacy. This Privacy Policy explains how we collect, use, store, and share your personal data when you use our website or services. By using our website and contacting us for our services, you agree to the practices outlined below.

1. Who We Are

Versus Finance Limited
De Carteret House, 7 Castle St, St Helier, Jersey JE2 3BT, Jersey

  • Jersey Office of The Information Commissioner (JOIC): Registration Number No 58024

Business Introduction

Versus Finance Limited acts as a finance and mortgage broker and business introducer. We do not lend money, provide financial or tax advice, nor act as a financial advisor or product provider. Our role is limited to introducing clients to appropriate third-party finance companies and banking institutions that offer financial products. We are not involved in lending, nor do we assess the suitability of products beyond the introduction process.

2. Information We Collect

We collect the following types of personal data:

  • Contact Information:
    • Name, email address, phone number
    • Purpose: To communicate with you, provide updates on your application, and respond to inquiries.
  • Financial Information:
    • Income, credit history, mortgage preferences, repayment history, financial commitments, and existing debts
    • Purpose: To assess your eligibility for loans or mortgages.
  • Sensitive Personal Data:
    • (If applicable) Financial hardship or other sensitive financial data
    • Purpose: We will obtain explicit consent to process this data, ensuring appropriate protection is in place.
  • Technical Data:
    • IP address, browser type, device details, website usage data
    • Purpose: To enhance user experience and ensure the security of our website.
  • Referral Information:
    • Data from third parties like dealerships, retailers, or business introducers
    • Purpose: To track the source of your inquiry and provide relevant services.
  • Communications Data:
    • Data from interactions such as phone calls, emails, business introducers or media forms
    • Purpose: For customer service and support.
  • Other Personal Information:
    • Business plans, tax details, medical records (if applicable), employment details, credit card balances, financial statements, and property or asset details
    • Purpose: To assess your financial situation and process your loan or mortgage application.
  • Other Relevant Information:
    • Any additional information necessary to provide our services effectively.
  • Publicly Available Data:
    • Information from publicly accessible sources such as the internet, news outlets, or other public databases
    • Purpose : used for compliance purposes, including Anti-Money Laundering (AML) checks, fraud prevention, and ensuring we meet regulatory requirements when introducing clients to financial products.

3. Legal Basis for Processing Personal Data

We process your data based on the following grounds:

  • Consent:
    By contacting us, filling out forms, emailing, calling, or being referred by third parties, you provide consent for us to process your data.
  • Contractual Necessity:
    To fulfil our service obligations, including introducing you to financial product providers.
  • Legal Obligation:
    For compliance with laws (e.g., financial regulations, anti-money laundering laws).
  • Legitimate Interests:
    For fraud prevention, marketing (with your consent), and improving services. 

4. How We Use Your Data

Your personal data may be used for the following purposes:

  • To introduce you to relevant mortgage or finance providers and their products
  • To assess your income, expenditure, and financial status
  • To communicate with you 
  • To meet legal and regulatory obligations, including those related to Anti-Money Laundering (AML)
  • To improve our website functionality and user experience
  • To share data with third parties (e.g., lawyers, surveyors, life cover business) for service-related purposes
  • To facilitate any changes on your behalf with product providers (e.g., a change of address, contact details, or other personal information) 

5. Credit Checks and Information Sharing

Versus Finance, along with the banking institutions and finance companies we work with, may conduct credit checks under your name. These checks will be shared with relevant Credit Reference Agencies (CRAs), such as:

These credit searches will be recorded on your credit report. These searches are carried out to evaluate your creditworthiness and ensure that the financial products we help you secure are the most suitable for your needs.

By using our services, you explicitly consent to these credit checks being carried out in your name and acknowledge that these credit searches may be recorded and can affect your credit score. 

6. Third-Party Data and Consent

In cases where you provide personal data about third parties (such as a spouse, business partner, or other individuals) as part of your loan or mortgage application, you confirm that you have obtained explicit consent from the third party to share their data. It is your responsibility to ensure the third party is fully aware of and agrees to the processing and sharing of their data as outlined in this Privacy and Cookie Policy.

Providing third-party data without consent is illegal, and Versus Finance and its partner companies will not be held liable for any legal consequences resulting from such actions. By submitting third-party data, you accept full responsibility for any legal issues that may arise. While we rely on your confirmation of consent, we retain our obligations under data protection laws and may take necessary actions to comply. 

7. Data Retention

We retain your data for as long as necessary to fulfill the purposes outlined in this Privacy Policy or as required by law. Data is typically retained for 10 years for regulatory purposes. Please note that where your data is shared with third-party finance companies, banking institutions, or other partners, each will have its own data retention policies. We recommend reviewing their privacy policies for specific details regarding their retention periods.

8. Your Data Protection Rights

You have the following rights under GDPR:

  • Right to Access: Request a copy of your personal data
  • Right to Rectification: Correct inaccurate or incomplete data
  • Right to Erasure: Request the deletion of your data when no longer needed
  • Right to Restrict Processing: Limit how we process your data in certain situations
  • Right to Data Portability: Transfer your data to another provider
  • Right to Object: Object to processing for direct marketing or other purposes

To exercise any of the rights mentioned above, please contact us via the contact details provided in Section 11. We will aim to respond to your request within 30 days, as required by applicable data protection laws.

9. Sensitive Data

If we collect sensitive financial information (e.g., financial hardship or other sensitive financial data), we will obtain explicit consent to process it, ensuring appropriate protection is in place. Sensitive data will only be processed when necessary for providing our services. 

10. Data Transfers Outside the EEA

We may transfer personal data outside the EU/EEA. We ensure these transfers are protected by appropriate safeguards, such as using standard contractual clauses.

11. Data Protection Officer (DPO)

If you have any questions or concerns about your personal data, or if you would like to exercise any of your rights under data protection law, please contact our Data Protection Officer (DPO) at:

Versus Finance Limited
De Carteret House, 7 Castle St, St Helier, Jersey JE2 3BT, Jersey
Phone: +44 1534 769669 or +44 1534 668277

12. Children’s Privacy

We do not knowingly collect or store personal data from individuals under the age of 18.

13. Security of Your Data

We implement technical and organizational measures to protect your personal data, including encryption and secure storage. Our service provider is also NQA ISO 27001 Information Security Management certified.

14. Updates to This Privacy Policy

We may update this Privacy Policy occasionally. Any significant changes will be posted on this page. By continuing to use our services, you accept the updated policy.

Last Updated: March 24, 2025

Cookie Policy

This Cookie Policy explains how we use cookies on our website to improve functionality and enhance your experience.

1. What Are Cookies?

Cookies are small text files stored on your device when you visit our website. They help us recognize your device and collect information on your preferences and interactions with our site.

2. How We Use Cookies

Cookies are used for the following purposes:

  • Preferences: To remember settings like language or region
  • Security: To authenticate users and protect data
  • Processes: To enable basic functions like navigation and secure areas
  • Advertising: To provide personalized ads
  • Analytics: To track usage and improve user experience 

3. Types of Cookies

  • Session Cookies: Temporary cookies deleted after closing your browser
  • Persistent Cookies: Stored on your device for a set period and help track usage

 4. Third-Party Cookies

We use Google Analytics to analyse website usage. Google Analytics may set cookies to gather data, which helps us improve services. For more information, visit:

  • Google Analytics Cookie Policy

 5. Managing Cookies

You can control cookie settings through your browser. Disabling cookies may limit website functionality. For more information, visit www.allaboutcookies.org.

6. Cookie Consent

By using our website, you consent to our use of cookies. You can change your preferences or withdraw consent at any time via the “Cookie Settings” link in the footer.

7. Updates to This Cookie Policy

We may update this Cookie Policy. Any significant changes will be posted on our website.

Last Updated: March 24, 2025