The CarPlanŽ Program ("Program") is designed to provide financing for the purchase of a vehicle from a CarPlanŽ affiliated automobile dealership and/or finance company, to people with good credit, less than perfect credit, and no credit. The CarPlanŽ Call Center ("Center") receives applications via the website, carplan.com.
In accordance with federal regulations, CarPlan.com is giving you this notice
to tell you how we may use non-public personal information you provided us in connection with a financial
product or service you have obtained, or sought to obtain, from us. We call this nonpublic personal
information "Private Information" and describe it below. This notice applies to your Private
Information while you are our customer, as well as after our customer relationship is terminated.
Collection and Use of Private Information
We collect the following types of Private Information about you from the following sources:
- Information we receive from you on applications or other forms, such as your name, address, social security number and income.
- Information about your transactions with us, our affiliates, or others, such as your account balance and payment history.
- Information we receive from consumer reporting agencies, such as your credit history and creditworthiness.
Disclosure of Private Information
We may disclose Private Information (described above) under the following circumstances:
(1) Among Affiliates
There are two special categories of Private Information. One is information about your history of dealing with us, such as
identification information, account history and balances and payment history (which we refer to as "Transaction
Information"). The other is information received from other sources, including information typically found in a credit
report (which we refer to as "Third Party Information"). We may share all Private Information that consists of
Transaction Information with our affiliates. Our affiliates include a mortgage broker. We do this to provide you with the
products and services we and our affiliates offer. We do not share Third Party Information with our affiliates.
(2) With Other Financial Service Providers
When you apply to us for credit, or when a dealer forwards your credit application to us for approval, we will share all
Private Information we obtain about you in that transaction with other lenders and finance companies (including motor
vehicle dealers providing vehicle financing) who are necessary to our credit decision making process.
(3) With Service Providers and Joint Marketing Partners
We may disclose all Private Information we collect to companies that perform services on our behalf, including companies we
engage to market our products and services for us, or to other financial institutions with which we have joint marketing agreements
including motor vehicle dealers providing vehicle financing.
(4) With Non-Affiliated Marketing Companies
In order to provide you with additional product and service offerings, we may disclose all Private Information
about you with trustworthy and reputable third parties such as:
- Financial service providers
- Non-financial companies
- Others
IF YOU PREFER THAT WE NOT DISCLOSE YOUR PRIVATE INFORMATION WITH NON-AFFILIATED MARKETING COMPANIES, YOU MAY "OPT-OUT" OF THOSE DISCLOSURES,
THAT IS, YOU MAY DIRECT US NOT TO MAKE THOSE DISCLOSURES (OTHER THAN DISCLOSURES OTHERWISE PERMITTED BY LAW). AFTER COMPLETION OF THE APPLICATION,
YOU WILL BE PRESENTED WITH A LINK TO OPT-OUT OF SUCH SERVICES.
(5) With Other Third Parties
We may share all Private Information about you with other non-affiliated third parties, as permitted by law.
Protection of Information
We restrict access to Private Information about you to our employees and third parties who need to know that information in order to manage
your account. Additionally, we take other steps to protect your Private Information in a manner consistent with industry standards for similar
sized finance companies. We will review our safeguards from time to time, and strive to maintain them in a manner consistent with federal regulations,
if any, that may be in effect from time to time. Our employees are trained and required to maintain our privacy policies and procedures. Employees
who violate these policies and procedures are subject to disciplinary action.
If you have any questions regarding this Privacy Policy, please contact Customer Service. If you would like a copy of this Privacy Policy, hit the print button on your browser.
CarPlanŽ and CarPlan.com, reserve the right to modify or amend the Privacy Statement at any time and for any reason. Your information will be handled according to the practices and procedures in place when it was initially collected, unless subsequent authorization, as necessary, has been obtained.
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