Introduction
LoanTrends Inc. (“we,” “us,” or “our”) is committed to protecting your privacy. This Privacy Policy outlines how we collect, use, disclose, and safeguard your information when you apply for a credit check through our services. By using our services, you agree to the collection and use of information in accordance with this policy.
1. Information We Collect
When you request a credit check, we may collect the following types of information:
- Personal Information: This includes your name, address, date of birth, Social Security number, and other identifying information necessary to perform the credit check.
- Financial Information: Information about your financial history, including credit accounts, payment history, and other relevant financial data.
- Usage Data: Information about how you access and use our services, which may include your IP address, browser type, and operating system.
2. How We Use Your Information
We may use the information we collect for various purposes, including:
- To conduct credit checks and evaluate your creditworthiness.
- To verify your identity and prevent fraud.
- To communicate with you regarding your application and provide customer support.
- To comply with legal obligations and regulations.
- For research and analysis to improve our services.
3. Disclosure of Your Information
We may share your information in the following situations:
- With Credit Bureaus: We may share your personal and financial information with credit bureaus to perform credit checks.
- With Service Providers: We may employ third-party companies and individuals to facilitate our services, provide the credit check, or perform related services. These third parties have access to your personal information only to perform specific tasks on our behalf and are obligated not to disclose or use it for any other purpose.
- For Legal Reasons: We may disclose your information if required to do so by law or in response to valid requests by public authorities (e.g., a court or government agency).
4. Data Security
We take the security of your personal information seriously. We implement reasonable security measures to protect your information from unauthorized access, use, or disclosure. However, no method of transmission over the internet or electronic storage is 100% secure, and we cannot guarantee its absolute security.
5. Your Rights
You have certain rights regarding your personal information, including:
- The right to access and receive a copy of your personal information.
- The right to request correction of any inaccurate or incomplete personal information.
- The right to request the deletion of your personal information, subject to certain exceptions.
- The right to withdraw consent to the processing of your personal information, where applicable.
To exercise these rights, please contact us using the information provided below.
6. Changes to This Privacy Policy
We may update our Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on our website and updating the effective date at the top of this policy. We encourage you to review this Privacy Policy periodically for any changes.
7. Contact Us
If you have any questions or concerns about this Privacy Policy or our privacy practices, please contact us at:
LoanTrends Inc
56 Elgin St Unit 3, Trenton Ontario, K8V 3X9
[email protected]
8. Governing Law
This Privacy Policy shall be governed by and construed in accordance with the laws of [Insert Jurisdiction], without regard to its conflict of law principles.