Privacy Policy

Welcome to our Privacy Policy. We are committed to protecting your privacy and developing technology which offers the safest and most powerful online experience.

We believe that your personal information needs to be handled with privacy and respect. This is the reason why we have mentioned Privacy Policy as clearly as possible to make sure that your personal information is treated with utmost confidentiality.

Information collected through our Loan Application Page.

The information that is collected through our Loan Application will be shared with our Accredited Loan Providing Partners only.

If we have the responsibility of disclosing your personal information to agree with a legal request or for enforcing any regulation that is stated in our Terms and Conditions page, we can do that at our judgment. By using our website, you agree to the data practices and rules that are mentioned here.

The Privacy Policy is applicable to the present and previous customers and can change from one time to another. You can learn how we gather, process, and utilize your personal information by reading the information given here.

Confidentiality, Security and Data Integrity

We are subject to the South African laws of data protection to which we strictly comply. We are members of the Direct Marketing Association, South Africa, and we abide by their code of conduct.

Your personal information is very important to us. This is why we take the required precautions for protecting it from being misused, getting lost or altered without authorization. We have a server which stores your personal details on a database with inbuilt firewalls and safeguards.

We protect your data with the help of SSL encryption. Our employees can access this information only on a required basis because our Web Pages are access regulated. With the latest security and firewalls in place, our servers are prevented from external attacks. Our systems are tested and updated on a regular basis so that the security is not compromised. Our dedicated team monitors information movement on our database.

Since the internet is not a safe communication platform, we cannot guarantee the security of any information which you put up on your website or send us through the internet. We are not, nor will be responsible for any damages that you or anyone else might suffer because of the loss of confidentiality of such detail. To reduce the risks with your personal data, we encrypt all the personal application information with the help of 128-bit encryption between your browser and our online applications.

By agreeing with the terms and conditions that are mentioned here on our website, you as a customer are allowing us to get in touch with you regarding our products and services that you might be interested in, according to us. We can also do that on the basis of carrying out market research regarding our products and services or those of our third parties. We can even pass on the information over to other companies that have been approved by us so that they can get in touch with you about the products and services that they think might interest you.

 

 

OLMEN FINANCIAL SERVICES POPIA ACT

AGREEMENT AND CONSENT YOU HEREBY DECLARE AND CONFIRM THAT YOU, AS THE PERSON/ENTITY/BODY/INDIVIDUAL/COMPANY WHOSE IS PROVIDING INFORMATION AND HEREINAFTER COLLECTIVELY REFERRED TO AS THE “CLIENT”, DO HEREBY IRREVOCABLY AGREE AND UNDERSTAND THAT ANY/ALL INFORMATION SUPPLIED OR GIVEN TO THE SERVICE PROVIDER, IS DONE SO IN TERMS OF THE BELOW TERMS AND CONDITIONS AND IN TERMS OF THIS AGREEMENT

1. INTERPRETATION

• In this Agreement, unless inconsistent with or otherwise indicated by the context –
• “This Agreement” means the Agreement contained in this document;
• OLMEN FINANCIAL SERVICES and its affiliated, holding and subsidiary companies;
• “Confidential information” includes, but is not limited to:

any information in respect of know-how, formulae, processes, systems, business methods, marketing methods, promotional plans, financial models, inventions, long-term plans and any other information of the client and the OLMEN FINANCIAL SERVICES in whatever form it may be;

all internal control systems of the client and OLMEN FINANCIAL SERVICES.

details of the financial structure and any other financial, and operational information of the client and OLMEN FINANCIAL SERVICES.

any arrangements between the client and OLMEN FINANCIAL SERVICES and others with whom they have business arrangements of whatsoever nature, all of which the client and the company regards as secret and

 

2. “personal information” means personal information as defined in the Protection of Personal Information Act adopted by the Republic of South Africa on 26 November 2013 and includes but is not limited to:

information relating to the race, gender, sex, pregnancy, marital status, national, ethnic or social origin, colour, sexual orientation, age, physical or mental health, well-being, disability, religion, conscience, belief, culture, language and birth of the person;

information relating to the education or the medical, financial, criminal or employment history of the person;

any identifying number, symbol, e-mail address, physical address, telephone number, location information, online identifier or other particular assignments to the person;

the biometric information of the person;

the personal opinions, views or preferences of the person;

correspondence sent by the person that is implicitly or explicitly of a private or confidential nature or further correspondence that would reveal the contents of the original correspondence;

the views or opinions of another individual about the person; and

the name of the person if it appears with other personal information relating to the person or if the disclosure of the name itself would reveal information about the person.

 

“the effective date” means the date of this Agreement’;

“the parties” means the parties as described hereinabove;

“divulge” or “make use of” means to reveal, make known, disclose, divulge, make public, release, publicise, broadcast, communicate or correspond or any such other manners of divulging of any

 

‘‘processing’’ means any operation or activity or any set of operations, whether or not by automatic means, concerning personal or any information, including but not limited to :

the collection, receipt, recording, organisation, collation, storage, updating or modification, retrieval, alteration, consultation or use;

dissemination by means of transmission, distribution or making available in any other form; or

merging, linking, as well as restriction, degradation, erasure, or destruction of information.

 

3. POPI” means the Protection of Personal Information Act adopted by the Republic of South Africa on 26 November 2013 and as amended from time to

WHEREAS IT IS AGREED THAT

 All parties agree that they will comply with POPI regulations and process all the information and/or personal data in respect of the services being rendered in accordance with the said regulation and only for the purpose of providing the Services set out in the agreement to provide services.

OLMEN FINANCIAL SERVICES (also called the service provider), all the parties to this agreement, the service provider’s employees and the client’s employees and any subsequent party/parties to this agreement acknowledge and confirm that

 

• One or more of the parties to this agreement, will possess and will continue to possess information that may be classified or maybe deemed as private, confidential or as personal
• Such information may be deemed as the private, confidential or as personal information in so far as it relates to any party to this
• Such information may also be deemed as or considered as private, confidential or as personal information of any third person who may be directly or indirectly associated with this
• Further, it is acknowledged and agreed by all parties to this agreement, that such private, confidential or as personal information may have value and such information may or may not be in the public

 

For purposes of rendering services on behalf of the client, the service provider and any party associated with this agreement and/or any subsequent or prior agreement that may have been/will be entered into, irrevocably agree that “confidential information” shall also include inter alia and shall mean inter alia:

• all information of any party which may or may not be marked “confidential,” “restricted,” “proprietary” or with a similar designation;
• where applicable, any and all data and business information;
• where applicable the parties may have access to data and personal and business information regarding clients, employees, third parties and the like including personal information as defined in POPI regulation; and
• trade secrets, confidential knowledge, know-how, technical information, data or other proprietary information relating to the client/service provider or any third party associated with this agreement and (including, without limitation, all products information, technical know how, software programs, computer processing systems and techniques employed or used by either party to this agreement and/or their

 

All parties irrevocably agree to abide by the terms and conditions as set out in this agreement as well as you irrevocably agree and acknowledge that all information provided, whether personal or otherwise, may be used and processed by the service provider and such use may include placing such information in the public domain. Further it is specifically agreed that the service provider will use its best endeavors and take all reasonable precautions to ensure that any information provided, is only used for the purposes its has been provided.

 

It is agreed that such information may be placed in the public domain and by signature hereunder, all parties acknowledge that they have read all of the terms in this policy and that they understand and agree to be bound by the terms and conditions as set out in this agreement.

 

It is confirmed that by submitting information to the service provider, irrespective as to how such information is submitted, you consent to the collection, collation, processing, and storing of such information and the use and disclosure of such information in accordance with this policy.

 

SHOULD YOU NOT AGREE TO THE TERMS AND CONDITIONS AS SET OUT IN THIS AGREEMENT AND CONSENT YOU MUST NOTIFY OLMEN FINANCIAL SERVICES IMMEDIATELY FAILING WHICH IT WILL BE DEEMED THAT YOU ACCEPT AND AGREE TO THE TERMS AND CONDITIONS SET OUT ABOVE