Privacy Notice
Facts
What does Avoloan Inc. (“Avoloan”) do with your personal information?
Why?
Companies choose how they share your personal information. Federal and statelaws give consumers the right to limit some but not all sharing. These laws alsorequire us to tell you how we collect, share, and protect your personal information. Please read this Privacy Notice (“Notice”) carefully to understand what we do.
What?
The types of personal information we collect include:
– Personal Information: This includes your name, date of birth, Social Security number, driver’s license number, and other identifying details.
– Financial Information: This encompasses your financial status, account balance, credit scores, and employment information.
– Website Interaction Details: Information related to your interactions with our website and services, such as your IP address, geolocation data, login credentials, and passwords.
– Third-Party Information: This includes data like biometric information and credit scores provided by third parties.
– Bank Details: Information about your current bank accounts.
– Other Information: Additional details as relevant.
For a complete list of the details we collect, please refer to our Privacy Policy.
How?
Companies need to share customers’ personal information to run their everyday businesses. In the section below, we list the reasons companies can share their customers’ personal information; the reasons Avoloan chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information
1. For our everyday business purposes — such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus.
Does Avoloan share? Yes.
Can you limit this sharing? No.
2. For our marketing purposes — to offer our products andservices to you.
Does Avoloan share? Yes.
Can you limit this sharing? No.
3. For joint marketing with financial companies.
Does Avoloan share? No.
Can you limit this sharing? We don’t share.
3. For Partners* to market to you.
Does Avoloan share? No.
Can you limit this sharing? We don’t share.
To limit our sharing: contact us at hello@avoloan.com.
Questions: contact us at hello@avoloan.com.
How does Avoloan protect my personal information?
To protect your personal information from unauthorized access and use, we use security measures that comply with federal and state laws. These measures include computer safeguards and secured files and buildings. For example, we encrypt every page of our Site with Secure Socket Layer (SSL) to protect your data.
How does Avoloan collect my personal information?
We collect your personal information, for example, when you
– Subscribe to our newsletters and promotional materials on the website.
– Create an account in the Avoloan app.
– Submit your application for a debt consolidation in the Avoloan app.
– Accept the terms and sign a loan agreement in the Avoloan app.
We also collect your personal information from others, such as credit bureaus, 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.
Definitions
*Partners — companies not related by common ownership or control. They can be financial and nonfinancial companies.
Partners we share with can include service providers, bank partners, and others.