What data does Loal collect?

Loal takes data from a number of different places to build a complete picture of your credit profile. This how Loal builds your credit profile and unlocks cheaper credit as and when you need it.

Loal gets some information from the credit bureau, but the app will also ask you questions about your real situation and financial circumstances to get to know the real you.

Loal also uses Open Banking to better understand your money habits. This allows us to tailor the credit solutions and support we can offer you.

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