(918) 503-6115

Privacy Policy

FACTS
What does the Friendly Loan Company do with your personal information

 

WHY?
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.

 

WHAT?
The types of personal information we collect and share depend on the product or service you have with us. This information can include:

  • Social Security Number
  • Checking account information
  • Account Balances and assets

 

HOW?
All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons the Friendly Loan chooses to share; and whether you can limit this sharing.

Reasons we would share your personal information

Friendly Loan Shares

You can limit sharing with

For Everyday Business Purposes to process transactions, account(s) maintenance, Legal or court orders, or report to credit bureaus

Yes

No

For our marketing purposes – Offering our Products and services

Yes

No

For joint marketing with other financial companies

No

Non-applicable since we do not share.

For our affiliates to use in everyday business purposes·

No

Non-applicable since we do not share.

Our Affiliates- Information about your credit history or worthiness

No

Non-applicable since we do not share.

For our affiliates to market their products and services to you

No

Non-applicable since we do not share.

For nonaffiliates to market their products and services to you

No

Non-applicable since we do not share.

 

To limit our sharing
Call (918) 503-6115

Please note:
If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer a customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing. Call (918) 503-6115.

 

Who are we
Who is providing this notice? Friendly Loan LLC

 

What do we do
How does Friendly Loan 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 and secured files and buildings.

 

How does Friendly Loan collect my personal information?
We collect your personal information, for example, when you

  • apply for a loan
  • show us your government issued ID or Drivers License
  • make a payment
  • give us your contact information

We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.

 

Why can’t I limit all sharing?
Federal law gives you the right to limit only

  • sharing for affiliates’ everyday business purposes – information about your creditworthiness
  • affiliates from using your information to market you
  • sharing for nonaffiliates to market you

State laws and individual companies may give you additional rights to limit sharing.

What happens when I limit sharing for an account I hold jointly with someone else?
Your choices will apply to everyone on your account.

 

Definitions
Affiliates- Companies related by common ownership or control. They can be financial and nonfinancial companies.

  • Our affiliates include financial companies operating under the Friendly Loan name.

Nonaffiliates- Companies not related by common ownership or control. They can be financial and nonfinancial companies.

  • Nonaffiliates we share with can include lenders; banks; collection agencies; check-cashers; tax preparers; brokers; pawnbrokers; rent-to-own, mortgage and insurance companies; and retailers.

 

Joint Marketing
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.