|Why?||Financial companies collect and sometimes share personal information to underwrite funding services and prevent fraudulent activities on accounts. While Federal law gives consumers the right to limit some sharing, these laws don’t always extend to business transactions. This notice should help you to understand what we do.|
|What?||The types of information we collect and share in processing & underwriting depends on the level of funding and service you apply for. This information can include:|
|How?||All financial companies need to share customers' personal information to keep their everyday business running smoothly. In the section below, we list the reasons financial companies share customer information; the reasons Federal Recovery Operations chooses to share; and whether you can limit this sharing.|
|Reason information is shared||Does Federal Recovery Operations Share?||Can you limit this sharing?|
|For everyday business purposes - such as to underwrite and process ACH transactions, maintain your account(s), respond to court orders and legal investigations, and/or report to credit bureaus||Yes||No|
|For internal marketing purposes - to offer our products and services to you||Yes||No|
|For joint marketing with other financial companies||No||We don't share|
|For our affiliates' everyday business purposes -information about your creditworthiness||No||We don't share|
|For our affiliates to market to you||Yes||Yes|
|For non-affiliates to market to you||No||We don't share|
|To limit our sharing||Call (215) 268-3594 or send an email to email@example.com|
If you are a new customer, we can begin sharing your information 30 days from the date of funding. When you are no longer our customer, we may still continue to share your information as described in this notice.
However, you can contact us at any time to limit our sharing.
|Questions?||Call (215) 268-3594 or go to www.federalrecoveryoperations.com|
|Who We Are|
|Who is providing this notice?||Federal Recovery Operations|
|What we do|
|How does Federal Recovery Operations protect my personal information?||To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards, secured files and facilities.|
|How does Federal Recovery Operations collect my personal information?|
We collect your information, for example, when you
|Why can't I limit all sharing?|
Federal law applies to consumer, not business transactions, and gives you the right to limit only:
|What happens when I use my personal credit and identity info to apply for business funding?||Any person listed on an application for business funding agrees that they are doing so as a member/officer of the business. therefore, laws applying specifically to consumer transactions do not apply.|
|Affiliates||Companies related by contractual agreement, common ownership or control. They can be financial and nonfinancial companies.|
|Non-affiliates||Companies not related by common ownership or control. They can be financial and nonfinancial companies who subscribe to services.|
|Joint marketing||A formal agreement between non-affiliated financial companies that together market financial products or services to you.|
|Other important information|
Special Notice For California Residents
We will not share personal information with non-affiliates either for them to market to you or for joint marketing - without your authorization. We will also limit our sharing of personal information about you with our affiliates to comply with all California privacy laws that apply to us.
Special Notice For Vermont Residents
We will not disclose information about your creditworthiness to our affiliates and will not disclose your personal information, financial information, credit report, or health information to nonaffiliated third parties to market to you, other than as permitted by Vermont law, unless you authorize us to make those disclosures.
Special Notice For State Residents
For Alaska, Illinois, Maryland and North Dakota Customers. We will not share personal information with non-affiliates either for them to market to you or for joint marketing - without your authorization.
For Massachusetts, Mississippi and New Jersey Customers. We will not share personal information from deposit or share relationships with non-affiliates either for them to market to you or for joint marketing without your authorization.
International Privacy Statement
For European Union residents, we undertake marketing only with your expressive affirmative consent and in compliance with applicable data privacy laws. EU residents will not be added to the marketing lists unless they have already provided express affirmative consent consistent with applicable data protection laws. In general, we do not seek to offer goods and services in the EU, and we do not market to individuals in the EU unless they have expressly requested information about our financial products or services.
EU Data Right to be Forgotten
Individuals in Europe may have certain data subject rights which may be subject to limitations and/or restrictions. These rights may include the right to: (i) request access to and rectification or erasure of their personal data; (ii) obtain restriction of processing or to object to processing of their personal data; and (iii) the right to data portability. If you wish to exercise one of the above mentioned rights, please call us at (215) 268-3594. Individuals in Europe may also have the right to lodge a complaint about the processing of their personal data with their local data protection authority.
In addition to the rights above, Federal Recovery Operations is committed to providing all individuals with access to their personal data. If you believe that Federal Recovery Operations may be processing data about you and wish to have access to that information, we can provide you with that data or at least an explanation of why we cannot do so in the particular context, such as if responding to the request would be unreasonably expensive.
Other Privacy Statement
Additional information concerning our privacy policies can be found at www.federalrecoveryoperations.com or call (215) 268-3594