Consumer Privacy Disclosure
123moneyloans.com and its affiliates (collectively, “us”, “we”, or “our”) are committed to maintaining your trust as it relates to the privacy and usage of your information. Please read below and learn how we collect, protect, share, and use your information as part of our technology platforms, and all our products and services.
This privacy policy applies to this site www.123MoneyLoans.com and all websites on which this privacy policy is displayed (such websites referred to hereafter as the “Site”, whether individually or collectively).
Information We Collect
Personally Identifiable Information
The personally identifiable information that we collected may include, but is not limited to: (i) full name; (ii) complete mailing address; (iii) e-mail address; (iv) daytime, evening and mobile telephone numbers; (v) date of birth; (vi) gender; (vii) marital status; (viii) occupation; (ix) salary; (x) employment information; (xi) Social Security Number; (xii) ID verification information, such as driver’s license number; and (xiii) such other information that we may request from time to time. For purposes of this Privacy Policy, the information described in (i) through (xii) above, and any other financial information requested of you, shall be considered “Sensitive Information.” We collect this personal information only from those individuals that choose to participate by completing a loan request form or loan request short form.
We use the personal information that you provide, other than your Sensitive Information, to respond to your inquiries about our offerings, and to offer you, by means of e-mail, text messages, or through our newsletter, additional products, programs or services that we believe may be of interest to you. We collect personally identifiable information that can identify you such as your name, address, mobile number, email address, and Social Security Number (collectively, “Personally Identifiable Information” or “PII”).
Non-Personally Identifiable Information:
We also collect information such as demographic data, data about your online activity, and other information which could not be used to identify you (collectively, “Non-Personally Identifiable Information” or “NPII”). We may, from time to time, supplement the information we collect online with outside records (e.g., information from our lenders, affiliates and third party partners (collectively, “Strategic Partners”) or from wireless providers) to enhance our ability to serve you, to tailor our content to you and to offer you opportunities to purchase products or services that we believe may be of interest to you.
Security:
All collected information is stored in a technically and physically secure environment. When our registration/request process prompts users to enter Sensitive Information, and when we store and transmit such Sensitive Information, that information is encrypted and is protected with SSL encryption software. Unfortunately, no data transmission over the Internet can be guaranteed to be 100% secure. As a result, while we strive to protect your personal information, we cannot ensure or warrant the security of any information that you transmit to us, and you do so at your own risk. Once we receive your transmission, we make reasonable efforts to ensure its security on our systems. All our users’ information, not just Sensitive Information, has restricted access. Furthermore, this information is not accessible to the public.
Please note that any attempt to breach the security of the network, our servers, databases or other hardware or software supporting the Website(s) or other websites under the control of 123MoneyLoans constitutes a crime punishable by law. We will turn over to authorities, any and all evidence relating to a potential breach of security or other abuse against the network, servers, databases or other such supporting equipment or software. In compliance with applicable federal and state laws, we shall notify you if we learn of an information security breach with respect to your personal information. You will be notified via e-mail in the event of such a breach. Please be advised that the notice may be delayed in order to address the needs of law enforcement, determine the scope of network damage, and to engage in remedial measures.
How We Collect Information
Information is collected from you when you enter information in one of our online forms. This Like many websites, we use cookies and similar technologies to record your preferences, track the use of our Site and collect Information. This information may include internet protocol (IP) addresses, browser type, internet service provider (ISP), referring/exit pages, operating system, date/time stamp, and/or clickstream data. We may combine this automatically collected log information with other Information we collect about you. You may choose to set your web browser to refuse cookies, or to alert you when cookies are being sent. If you do so, please note that some parts of our Site may not function properly.
How We Use Information
In general, we may use Information to:
- Deliver the products and/or services you requested
- Improve customer service
- Deliver the products and/or services you requested
- Improve customer service
- Improve our Site
- Personalize your user experience
- Communicate with you about products or services that may be of interest to you
Who Do We Share Your Information With?
Network Partners:
In submitting a request for a loan product or other service provided through this website, you agree that 123 Money Loans may share your Information with prospective lenders and other third parties (Partners) who provide services to our consumers to deliver the products and services you requested. NOTE: Partners with which you are matched may retain or use your Information whether or not you use their services. You should contact these Partners directly concerning their privacy and information sharing practices.
Affiliates:
We may share your Information with vendors that perform certain services on our behalf including, but not limited to, credit bureaus, marketing partners, or entities providing business analysis and/or website or product support.
Additional Situations:
We may also disclose your information at our sole discretion:
- In response to a subpoena or similar investigative demand, a court order, a request for cooperation from a law enforcement agency, self-regulatory body, or other governmental agency; to establish or exercise our legal rights; to defend against legal claims; or as we reasonably believe is required by law. In such cases, we may raise or waive any legal objection or right available to us.
- When we believe disclosure is appropriate in order to investigate, prevent, or take action regarding actual or suspected illegal activity or other wrongdoing; to protect and defend the rights, property, or safety of the business (123 Money Loans), our users, our employees, or others; or to enforce our Site’s terms and condition or other agreements or policies.
- In connection with state and/or federal licensing requirements regarding the reporting of Information contained in the loan requests we receive from you.
- We may share Non-Personally Identifiable Information with third parties at our discretion.
Unsubscribe:
If at any time you do not wish to receive communications from 123 Money Loans, you may modify your preferences by clicking on the unsubscribe link at the bottom of emails sent from 123MoneyLoans.com.
Advertising on third party sites:
We may use third-party tracking technology. This technology allows targeted advertisements to you from 123MoneyLoans.
Updating and Accessing Your Information
- Any information you submit on the 123MoneyLoans website is encrypted and stored in separate databases which are also encrypted. These databases are purged of all sensitive data within one month of receipt of your data e.g. SSN, driver’s license information, and other types of PII.
- No system can be completely secure. Therefore, although we take steps to secure your Information, we cannot guarantee that your Information, searches, or other communication will always remain secure.
- For more information about protecting your privacy, you may wish to visit: www.ftc.gov
Changes to this Privacy Policy
123 Money Loans has the discretion to update this privacy policy at any time. When we do, we will revise the date of the revision. We may frequently check this page for any changes to stay informed about how we protect the Information we collect. You acknowledge and agree that it is your responsibility to review this privacy policy periodically and become aware of modifications.
Compliance with Children’s Online Privacy Protection Rule
We encourage parents and guardians to spend time online with their children and to participate and monitor the interactive activities of their children. 123MoneyLoans.com has designed this policy in order to comply with the Children’s Privacy Protection Act (“COPPA”).We do not knowingly collect, use or disclose personally identifiable information from anyone under 18 years of age. If we determine upon collection that a user is under this age, we will not use or maintain his/her PII. If we become aware that we have unknowingly collected PII from a child under the age of 18, we will make reasonable efforts to immediately delete such information from our records.
How to Contact Us
If you have any questions about this privacy policy, please contact us at: support@123moneyloans.com
If you have any questions regarding this Privacy Policy, or would like more information on our privacy practices, please contact us at: support@123moneyloans.com
This Policy was last updated on March 21, 2021.