For All Short Term Loan Customers
Protecting your privacy is important to us and our employees. We want you to understand what information we collect and how we use it. In order to provide our customers with short-term loans as effectively and conveniently as possible, we use technology to manage and maintain customer information. The following policy serves as a standard for all employees for collection, use, retention, and security of nonpublic personal information related to our short-term loan programs.
WHAT INFORMATION WE COLLECT
We may collect nonpublic personal information about you from the following sources:
- Information we receive from you on applications or other loan forms, such as your name, address, social security number, assets and income.
- Information about your loan transactions with us, such as your payment history and loan balances; and
- Information we receive from
third parties, such as consumer reporting agencies and
other lenders, regarding your creditworthiness and
credit history.
Nonpublic personal information is nonpublic information about you that we obtain in connection with providing a short-term loan to you. For example, as noted above, nonpublic personal information includes your name, social security number, payment history, and the like.
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WHAT INFORMATION WE DISCLOSE
We are permitted by law to disclose nonpublic personal information about you to third parties in certain circumstances. For example, we may disclose nonpublic personal information about your short-term loans to consumer reporting agencies and to governmental entities in response to subpoenas. Moreover, we may disclose all of the nonpublic personal information about you that we collect, as described above, to financial service providers that perform services on our behalf, such as the marketers and servicers of your short term loan, and to financial institutions with which we have joint marketing arrangements. Such disclosures are made as necessary to affect, administer, and enforce the loan you request or authorize. Otherwise, we do not disclose nonpublic personal information about our customers or former customers to anyone, except as permitted by law.
If you become an inactive customer, we will continue to adhere to the privacy policies and practices described in this notice.
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OUR SECURITY PROCEDURES
We also take steps to safeguard customer information. We restrict access to nonpublic personal information about you to those of our and our service's employees who need to know that information to provide short-term loans to you. We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your nonpublic personal information.
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OUR PRIVACY POLICY
I. Mission Statement
Our mission is to meet the desires of our customers. We respect the privacy of our customers and we believe you have the right to expect that information you entrust to us will be treated with appropriate discretion. As part of our Privacy Policy, we have adopted the following principles to serve as standards for all our employees for collection, use, retention, and security of individual customer information. This is our continuing commitment to you as a valued customer.
II. Recognition of Customer's Expectations of Privacy
Because we recognize that you have the right to privacy, we also recognize that you have the right to expect your personal financial information to remain private and secure. While certain information is critical to providing quality service, we cannot overlook the fact that one of our most important assets is our customers' trust. Therefore, the safekeeping of customer information is a priority.
III. Our Collection, Retention, and Use of Information About You
Information about consumers is accumulated from a variety of sources. Some of the information is provided to us directly by customers themselves. Other information could be obtained by us from outside sources. We will limit the use and collection of information about our customers to that which is necessary to administer our business, provide exceptional service, and offer opportunities that we think will be of interest to customers. This means the information will be used for identifying additional products or services that we believe customers might want to know about. It could also include information and mitigating potential risks or losses. We will use this information only in accordance with the principles indicated in this policy.
IV. Our Maintenance of Accurate Information
We have established procedures to ensure that your financial information is accurate, current, and complete, in keeping with reasonable commercial standards. Should you ever believe that our records contain inaccurate or incomplete information about you, please notify us. We will investigate your concerns and correct any inaccuracies in a timely manner.
V. Limitations on Employee Access to Information
Employee access to personally identifiable customer information will be limited to those with a business reason for knowing such information. Employees are trained on the importance of maintaining the confidentiality of customer information as well as the privacy principles described in this policy. Due to the importance of these issues, all of our employees are responsible for maintaining the confidentiality of customer information and any employee who violates these privacy principles will be subject to disciplinary measures.
VI. Security Procedures to Protect Information
We are committed to the security or your financial and personal information. All of our operational and data processing systems are in a secure environment that protects your account information from being accessed by third parties. We maintain and grant access to customer information only in accordance with our internal security policy.
VII. Restrictions on the Disclosure of Account Information
It is our policy not to reveal specific information about customer accounts or other personally identifiable data to unaffiliated third parties for their independent use unless:
(1) the information is provided to help complete a customer-initiated transaction
(2) the customer requests or authorizes it
(3) The information is provided to a reputable credit bureau or similar information reporting agency
(4) the disclosure is required or allowed by law (e.g. subpoena, investigation of fraudulent activity, requested by regulator, etc.) or
(5) the customer has been informed about the possibility of disclosure for marketing purposes through a prior notice and given the opportunity to decline or "opt out"
VIII. Maintaining Customer Privacy in Business Relationships with Third Parties
When we conduct business with third parties, it requires its vendors and suppliers to maintain similar standards of conduct regarding the privacy of personally identifiable customer information provided to them.
IX. Providing Privacy Information to Customers and Responding to Inquiries
We value our customer relationships. Because we recognize and respect your privacy, we want you to understand how we use the information you provide as well as our commitment to ensuring your personal privacy. As a result of our commitment, we have developed these Privacy Principles, which are made readily to our customers. Customers who have questions about these Privacy Principles or have a question about the privacy of their customer information should write to us at:
A-1 Premium Budget.com
3422 Old Capitol Trail, Suite 1109
Wilmington, DE 19808-6192
X. Protection of Customer Information on our Web-site
We protect the privacy or customer information sent to and from our web-sites by utilizing the same security and privacy standards that are applied to traditional banking transactions.
These Privacy Principles apply to individuals, and we reserve the right to change them, along with related provisions at any time.
XI. Spam Concerns
We take your privacy seriously and do not tolerate spam. To learn more about how we use your name or how it may have been acquired please view our privacy policy. If you have received email directly from us and do not wish to receive further communication, you may remove yourself from all our lists from this page. Please be aware that you may have received a email advertisement from one of our permission based marketing partners. All our marketing partners adhere to strict privacy standards and obtain email addresses through sources that adhere to those standards. If you feel that one of our marketing partners has used your name without permission please contact them directly using the information provided with the ad you received. If for any reason you cannot contact the advertiser directly, please forward a copy of the email you received to: Customer Service and we will attempt to contact the advertiser on your behalf.
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