Secure Online Borrowing and Lending
We view online safety and security as being of the utmost importance and the Lending Hub team has implemented a wide range of systems, processes and security measures to ensure that all the transactions and activities on the Lending Hub platform are done so in a secure environment.
The physical security of the data is achieved through a combination of network firewalls (there is no direct communication allowed between the database server and the Internet) and servers with hardened operating systems, all housed in a secure facility. Further, we also equip our servers with Secure Socket Layer (SSL) technology to ensure that when you connect to our web site you are actually on our site. SSL also ensures that all data entered into the web site is encrypted. We also use a 128-bit secure browser for logins and transactions.
Identify Verification and Credit Checking
We use credit checking and online idenfication systems to verify the identity and credit history of users wishing to become lenders on the site. This process allows us to credit grade all applicants and reduces the chance of fraudulent applications.
Secure Payments and Transfers
All payments and transfers of funds are done through secure banking and transfer procedures. We trace and confirm lender deposits, borrower repayments and remittances to lenders to ensure a complete audit trail.