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Terms and Conditions

Your privacy and data security are our top priorities

  1. Data Collection and Processing

    It is hereby understood and agreed that the data herein has been directly obtained from the Customer who has provided this data to Spectrum to facilitate the processing of the Revolving Credit Facility sought by the Customer.

  2. Customer Consent and Rights

    It is hereby understood and agreed that by signing this Agreement the Customer:

    1. Data Provision

      Shall provide personal data which is required for facilitating the processing of the Revolving Credit Facility, the establishing and maintenance of business and for the fulfilment of Spectrum's contractual and legal obligation;

    2. Processing Consent

      Consents to Spectrum processing the data as per its internal company policy and the Act No. 3 The Data Protection Act 2021 of Zambia ("Data Protection Act");

    3. Data Retention

      Has given consent to Spectrum to continue holding and processing the data provided even after all obligations under the Revolving Credit Facility have been settled for a variety of purposes including but not limited to cross-selling, research, product development, analysis of market trends, and operation of Spectrum's regulations and procedures;

    4. Customer Rights

      Is at liberty to exercise its rights as a data subject and as is provided by the Data Protection Act;

    5. Marketing Communications

      Consents to the use of their personal data from time to time by Spectrum to market Spectrum's products. The Customer may opt out of receiving marketing communication at any time within the duration of the Revolving Credit Facility by officially communicating to Spectrum through the prescribed channels of communication.

  3. Spectrum's Commitments

    Spectrum undertakes to ensure the personal data provided by the Customer is processed in accordance with the Data Protection Act.

  4. Contact Information

    For queries and more information on Spectrum's data protection policy and privacy statement, the Customers may contact Spectrum's data protection personnel at: online@spectrumcredit.co.zm