Prime Payday Loans Privacy Policy
Last Updated: February 24, 2024
Prime Payday Loans (“Website”, “we”, “our”, “us”) is committed to ensuring your trust and confidence relating to the privacy of the user’s (“you”,”your”) personal information. This privacy policy outlines how we use, store, share, and secure your personal information that is collected. We understand there is a heightened fear when entering personal information through a company’s website. Our privacy policy should alleviate the tension and provide you with detailed information for you to make the best judgement on proceeding with our services. Identity theft happens more often that you may realize. That is why we want you to be cautious of the information you provide over the internet and how it could affect your personal information on the web.
Personal and Non-Personal Identifiable Information:
Knowing the different types of information can provide you with a better knowledge of how we use, store, and share the information provided by you. There are pieces of information that can be important to someone’s identity, and there are pieces of information that are important to a company. We have outlined these examples below.
Personal Information. Personal information is relating to any information that could identify you as an individual person. This includes your first and last name, date of birth, home address, email address, telephone number, driver’s license number, social security number, employment information, and more. This type of information is what we protect and secure the most. We may release your personal information if it is necessary for compliance by a court of law. In this event, we must abide by the legal request and provide law enforcement with your personal information you have provided our third-party lenders. Unfortunately, this is out of our control and cannot be terminated. You will not be notified by us or our third-party lender in the event we receive such a request by law enforcement.
Non-Personal Information. Non-personal information consists of analytic information such as your computer type, web browser you are using, your operating system, cookies, IP address, current location, usage information, and more. This type of information is what helps us provide a better experience with a user-friendly website. Cookies are used to store your information so that the last interaction you had the website, is still there. Cookies may include your username, password, last page visited, and more. Your usage information is helpful to show how long you were visiting the website, the amount of time spent on a single web page, the date and time of you visiting the web page, and more. This non-personal information is used solely for the purpose of creating a better online environment for your web experience.
Email:
Emails are a current form of communication used by us and our third-party lenders. This communication method is used solely for the purpose of communicating between you, us and our third-party lenders. Your email information is not used for the purpose of telemarketing or spam. By providing us your email address, you agree to be contacted via email during your loan process. Also, if you have questions regarding our loan services, you may fill out the Contact Us form on our website, and a financial associate will contact you back via email. If you wish to speak directly to our financial associates, we recommend you calling us directly for faster service.
Consent to Credit Check & Employment Verification:
By agreeing to our privacy policy, you are allowing our third-party lenders to perform verification of credit history. The information used to identify you includes your Social Security number, name, date of birth, and/or driver’s license number. You acknowledge that information shared with our third-party lenders is used solely for the purpose of your identification and cannot be used in any other manner. Credit verification is a required part of the loan process to determine the amount of approved funds you will receive and if you have any other outstanding debt with major credit bureaus. If you disagree with these terms and conditions regarding the requirement of a credit check, loan services will not be available to you unless you proceed with our loan requirements.
Most loan types are considered short-term loans. The intent of short-term loans is to provide you with approved funds that are repaid in a shorter time frame. To ensure that you are able to repay these approved funds, our third-party lenders may verify your employment status. This process is not to directly contact your employer and verify if you currently work there. The process may require you to answer questions about your current employer and/or regarding your current employment status. You are not automatically denied if you are not currently employed.
Children's Privacy:
Loan services are not available to anyone under the age of 18 years old. We do not collect or accept any information for anyone who is under the age of 18 years old. Any information submitted through our website or through our third-party lender, will not be accepted or processed. The application will be stopped by our system and will not be able to continue.
Services Restricted to United States:
You must be a US citizen in order to apply for any loan type. Loan services within the United States are governed by the United States. There are specific laws for providing financial assistance to those who are a US citizen. There are also specific laws for providing financial assistance to illegal residents of the United States. It is important to recognize that you cannot apply for loan services if you are not a permanent resident of the United States.
Third-Party Links and Marketing:
Prime Payday Loans is not a direct lender of loan services or a lending partner. We cannot provide customers with any official loan decisions, credit decisions, or loan details. We provide the connection link between you and a financial lender that will start your loan process. Our website contains link that will connect you directly to our third-party lenders. By selecting those links, you agree to be taken directly to our third-party lender’s website to continue the process of loan services. All loan services initiated by our third-party lender are specific to their state guidelines and restrictions. However, each state must abide by any National laws, FTC Do-Not-Call list, and any other agency that oversees marketers or third-party inquiries pertaining to your personal information.
The privacy policy created for our website does not cover the regulations of our third-party lenders. If you have concerns or questions regarding the security of your personal information used, stored or shared by our third-party lenders, we recommend that you view the privacy policy of our third-party lender before beginning the process of loan services. All third-party lenders are responsible for protecting your receive personal information to the best of their ability.
E-Consent:
By using services from our third-party lender, there will be documents, application forms and disclosures that may require a signature. This is done through a secured electronic platform. Once an application has been completed, we recommend you viewing all entered information entirely for accuracy. Once that is completed, you will be required to electronically sign the document to fully complete the process. Your electronic signature has the same legal binding as it would be considered as “in writing” form, which would be done in person. By completing an application or filling out any other documents, you understand and acknowledge that your personal information will be secured by our third-party lenders.
All application documents and other forms signed electronically by you, will be available to you upon completion. These documents will be stored in your account for as long as you are an active customer. If you wish to discontinue services at any time, your stored documents will still be readily available to you upon request. Since the process was performed electronically, you will not be provided with any hard copies of records. All signed documents or notification will be sent to you via the email you provided.
Privacy Policy Changes:
We have the right to make changes to the privacy policy as we deem necessary, without any prior notification to the public. Once a change or modification has been made, the renewed information will be posted on our website along with an effective date. Until the noted effective date, all information on our privacy policy will remain the same and in effect until the official change has been made. On the present day of noted effective date, changes made to our website will be enforced. We recommend you viewing our privacy policy often to determine if any changes have been made from the last time you have viewed the page.
If you have additional questions or comments regarding our privacy policy or any information listed within this page, please complete the Contact Us form on our website. A financial associate will be glad to answer your questions and clarify any information needed. You, as the user of our website, have the right to discontinue using our website for any given reason. It is your obligation to perform research on a company prior to entering your personal information through that website.