USA Lending Privacy Notice Effective Date: [Insert Date]
FACTS: What does USA Lending do with your personal information?
Why?
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. This notice outlines how USA Lending collects, shares, and protects your personal data.
What?
The types of personal information we collect depend on the product or service you have with us, such as Social Security number, credit history, and income information.
How?
All financial companies need to share customers’ personal information to run their everyday business. Below, we explain how and why we share your information and whether you can limit this sharing:
| Reasons we can share your personal information | Does USA Lending share? | Can you limit this sharing? |
|---|---|---|
| For our everyday business purposes – such as to process your transactions, maintain your account(s), or report to credit bureaus | Yes | No |
| For our marketing purposes – to offer our products and services to you | Yes | Yes |
| For joint marketing with other financial companies | Yes | Yes |
| For our affiliates’ everyday business purposes – information about your transactions and experiences | Yes | No |
| For our affiliates’ everyday business purposes – information about your creditworthiness | Yes | Yes |
| For nonaffiliates to market to you | Yes | Yes |
To limit our sharing:
- Call us at [Insert Phone Number]
- Email us at [Insert Email Address]
Please note: If you are a new customer, we can begin sharing your information 30 days from the date we send this notice. When you are no longer our customer, we may continue to share your information as described in this notice, unless you instruct us otherwise.
Questions?
Call [Insert Phone Number] or go to [Insert Website URL]
Who we are:
Who is providing this notice?
USA Lending.
What we do:
How does USA Lending protect my personal information?
We use physical, electronic, and procedural safeguards to protect your information in compliance with federal law.
How does USA Lending collect my personal information?
We collect your personal information when you:
- Apply for a loan
- Provide employment or income information
- Give us your contact information
We also collect personal information from others, such as credit bureaus, affiliates, or other companies.
Why can’t I limit all sharing?
Federal law gives you the right to limit only:
- Sharing for affiliates’ everyday business purposes—information about your creditworthiness
- Affiliates from using your information to market to you
- Sharing for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
See below for more on your rights under state law.
Definitions:
- Affiliates: Companies related by common ownership or control. They can be financial and nonfinancial companies.
- Nonaffiliates: Companies not related by common ownership or control. They can be financial or nonfinancial companies.
- Joint marketing: A formal agreement between nonaffiliated financial companies to market financial products or services to you.
Other important information:
For California residents: Please see our California Privacy Notice [Insert Link].