Your privacy matters.

When you use LoanIQ, we collect the information you voluntarily provide during the qualification flow, including your loan type preference, desired amount, province, credit range, employment status, and income range.

We do not collect your name, email address, phone number, social insurance number, or any information that directly identifies you during the qualification process.

We may collect basic analytics data such as pages visited, session duration, and device type to improve our service.

Your qualification answers are used solely to generate your personalized borrowing strategy, including estimated approval likelihood, rate bands, and funding speed.

Anonymous, aggregated data may be used to improve our scoring models and user experience.

When you click 'Start My Application,' your loan type, amount, province, and credit range are passed to the application platform via URL parameters to pre-fill your application.

All data transmission is encrypted using industry-standard TLS/SSL encryption.

Your qualification data is stored securely using Lovable Cloud infrastructure with enterprise-grade security measures.

We do not sell, rent, or share your personal information with third parties for marketing purposes.

LoanIQ does not perform credit checks or access your credit report. Our estimates are based solely on the self-reported information you provide.

Your credit score is not affected by using LoanIQ.

The approval likelihood percentages shown are estimates only and do not constitute a guarantee of loan approval from any lender.

You can stop using LoanIQ at any time without consequence. No account is created, and no login is required.

Under applicable Canadian privacy laws (including PIPEDA), you have the right to access, correct, or request deletion of any personal information we may hold.

You can use the 'Start Over' button at any time to reset your session and clear your qualification data from the current session.

If you have questions about this privacy policy or your data, please contact us at privacy@loaniq.ca.

LoanIQ is an AI-powered loan advisor for Canadian borrowers, analyzing 50+ licensed Canadian lenders.

This privacy policy was last updated in February 2026.