Date of Effect: May 24, 2024
This Privacy Policy describes the practices regarding data collection, usage, and sharing for the ” Cash Advance: Instant Money” mobile application (hereafter referred to as “the App”).
General Disclosure
The App’s owner is not a lender or a credit broker and does not engage in any financial decision-making, including the issuance, approval, or negotiation of loan terms. The App’s role is strictly limited to facilitating connections between users and potential lenders.
User data is collected via encrypted forms and shared with a network of third-party lending partners, who determine loan conditions, interest rates, and other relevant terms.
Information Collection
The App collects both personally identifiable information (PII) and non-personally identifiable information (Non-PII) from users.
- PII is obtained when users complete a loan request form or contact customer support. This data may include details such as name, address, birthdate, email, phone number, Social Security Number, employment information, and banking details.
- Non-PII is gathered through analytics tools and cookies, capturing data such as IP addresses, device information, language settings, and browsing behavior. This information helps enhance the user experience. Cookies, small files stored on a user’s device, help identify returning users but can be disabled if desired.
Non-PII may be shared with lending partners for purposes like statistical analysis or tracking trends without linking the data to any specific individual. Advertising partners may also collect Non-PII to optimize in-app ads, but this data does not identify users.
Use of Personal Information
PII is used solely for the purpose of matching users with lenders as requested. This information is transmitted securely to lending partners, who may use it for assessing loan eligibility, resolving disputes, or other necessary actions related to the loan process.
By using the App, users consent to the collection and sharing of their PII for these purposes. Additionally, users agree that their information may be used for marketing related to the loan services they have expressed interest in. The App reserves the right to disclose this information as necessary to the parties involved.
All PII transmitted through the loan request form is encrypted, and the App does not retain access to this information after it is forwarded to the lending partners.
Information Sharing
To facilitate the loan request process, PII is shared with lending partners and, where necessary, with affiliates or other entities that contribute to the service’s delivery or improvement.
In certain situations, PII may be disclosed to other parties, such as legal authorities, in response to lawful requests, investigations, or to protect the rights and safety of users, the company, or its affiliates.
Opt-Out Rights
Users may choose to opt out of future communications from third parties or halt the processing of their PII. However, initial use of the App signifies automatic consent to data sharing as described.
Third-Party Links
The App may redirect users to external websites operated by third parties, which have their own privacy policies and terms of use. The App is not responsible for the content or practices of these sites. Users should review these policies independently.
Policy Changes
The App reserves the right to modify this Privacy Policy at any time without prior notice. Changes may include updates to reflect new features or adjustments in compliance with legal requirements.
Children’s Privacy
The App is not intended for use by individuals under the age of 18, and it does not knowingly collect information from minors. Legal restrictions typically prohibit loans to individuals under 18.
Data Security
The App uses encryption and other security measures to protect user data during transmission. Once PII is transferred to lending partners, the App is no longer responsible for its security.
Contact Us
For questions or concerns about this Privacy Policy, please contact us at:
[email protected]