Last Updated Date: : March 6, 2022
Collection of Information: We aim to collect, use and disclose only such information as is required to enable us to manage your account, to provide the Computer Services in the Technology Agreement and Terms and Conditions elements of this Agreement, to maintain our customer/visitor lists, to respond to your inquiries or provide feedback, for identification and authentication purposes, for service improvement. We will maintain the confidentiality of any Borrower Information you provide to us on signing up for our Computer Services or contacting us with questions or for further information and we will use it only for the purposes for which we have collected it (subject to the exclusions and disclosures we have listed below).
“Personal Information” is personally identifiable information, such as your name, address, and e-mail address. At the time of collection, we will clearly identify the Borrower Information being collected. It is always the Borrower’s choice whether or not to provide such Borrower Information but if they choose not to provide certain requested Borrower Information, they may not be able to register to use the Platform or be able to access and use the Platform at all. We may collect Borrower Information in respect of the Platform through registration processes; communications with you; information downloads; service purchases; user support; and surveys.
“Non-Personal Information” has historically been considered information of an anonymous nature, such as an Internet Protocol Address (IP Address), the domain used to access the Platform, and the type and version of browser or operating system being used by visitors to the Platform. However, certain jurisdictions may consider such information as “Personal Information”, or if it can be disaggregated or otherwise used to identify Personal Information. Business contact information such as the name, title, business address, or telephone number of a business or professional person or an employee of an organization may be considered Personal Information in certain jurisdictions. We may capture such information in the course of your Borrower use of the Computer Services.
Use of Information: We collect information for the following purposes:
Registration: At times, in order to register for our Computer Services, Borrower must provide certain Personal Information to us such as full name, address, and email address, or Business Information. In general, no account registration information will be shared with any other users of the Platform.
Statistics: We also collect statistics about use of the Computer Services. This information will be kept confidential; however, aggregate statistics that do not personally identify an individual may be kept by us and such aggregate statistics may be made available to you, the Lender.
The IP address is reported by a web browser whenever the Borrower visits a page on the Platform. This information is recorded together with registration information on our databases.
From time to time, we may employ third parties to work on and/or improve the Platform and/or the Computer Services. These third parties may have limited access to Borrower Information solely for the purpose of helping us to improve the Platform and/or the Computer Services. Such vendors, who may have access to Borrower Information, have all entered into a contract with LendUX that provides commercially acceptable compliant security for Borrower Information including contractual restrictions prohibiting them from using Borrower Information for any other purpose.
Important Exceptions: We may disclose Borrower Information to third parties without consent in legal action, required by and/or in accordance with applicable law or regulation, against someone who may be causing injury to or interference with (either intentionally or unintentionally) our rights or property, other Platform Clients, other users of the Computer Services, or anyone else (including the rights or property of anyone else) that could be harmed by such activities. We may disclose Borrower Information when we believe in good faith that such disclosure is required and in accordance with the law.
Security: The security of Borrower Information is important to us. We use commercially reasonable efforts to store and maintain Borrower Information in a secure environment. We take technical, contractual, administrative, and physical security steps designed to protect Borrower Information that you provide to us. You acknowledge, however, that no system is perfectly secure. Borrowers will use the Platform and Computer Services, and populate it with Borrower Information, at their own risk. We have created procedures designed to limit the dissemination of Borrower Information to only such designated staff as are reasonably necessary to carry out the stated purposes we have communicated to you.
When Borrower Information is added to the Platform by Borrower, the security of that information is protected during transmission by using industry standard Secure Sockets Layer (SSL) encryption technology.
Access and Accuracy: You have the right to access the Borrower Information we hold about your consumers or customers in order to verify the Borrower Information we have collected in respect to them and to have a general account of our uses of that information. Upon receipt of your written request, we will provide you with a copy of applicable Borrower Information although in certain limited circumstances, we may not be able to make all relevant information available to you such as where that information also pertains to another user. In such circumstances we will provide reasons for the denial to you upon request. We will endeavor to deal with all requests for access and modifications in a timely manner.
California Privacy Rights: California Civil Code Section 1798.83, also known as the "Shine The Light" law, permits your consumers/customers who are California residents to request and obtain once a year, free of charge, information about the personal information (if any) disclosed to third parties for direct marketing purposes in the preceding calendar year. LendUX will cooperate with you in the provision of such information to your consumers/customers.
Business Transition: In the event another entity merges with or acquires LendUX Business Valuation or substantially all of its assets, Borrower Information may be transferred to that successor or acquiring entity. A court may also order the sale of Borrower Information as an asset in a bankruptcy or similar insolvency proceeding.
We will make every reasonable effort to keep your Borrower’s Information accurate and up-to-date, and we will provide you with mechanisms to update, correct, delete or add to your Borrower’s Information as appropriate. As appropriate, this amended Borrower Information will be transmitted to those parties to which we are permitted to disclose your Borrower information. Having accurate Borrower Information enables us to give you the best possible service.
Contact Us: If you have any questions, comments or suggestions or if you find any errors in our information about you, please contact us at: firstname.lastname@example.org.