WebBank Privacy Notice

Privacynotice_webbank_3.28.141x1

Rev 04/2014

 

FACTS

 

WHAT DOES WEBBANK DO WITH YOUR PERSONAL INFORMATION

 

 

 

 

IN CONNECTION WITH YOUR WEBBANK/AVANT LOAN?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 and income

 

 

 

 

 

 

 

 

 

payment history and transaction history

 

 

 

 

 

 

 

 

credit history and assets

 

 

 

 

 

 

 

 

 

When you are no longerour customer, we continue to share your information as described in this

 

 

 

notice.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 WebBank chooses to share; and whether you can

 

 

 

limit this sharing.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reasons we can share your personal information

 

 

Does WebBank

 

 

Can you limit this sharing?

 

 

 

 

 

 

 

 

 

 

 

share?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For our everyday business purposes—

 

 

 

 

 

 

 

 

such as to process your transactions, maintain

 

 

Yes

 

 

No

 

your account(s), respond to court orders and legal

 

 

 

 

 

 

 

 

 

 

 

 

 

investigations, or report to credit bureaus

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For our marketing purposes—

 

 

Yes

 

 

No

 

to offer our products and services to you

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For joint marketing with other financial companies

 

 

No

 

 

We don't share

 

 

 

 

 

 

 

 

 

 

For our affiliates’ everyday business purposes—

 

 

No

 

 

We don't share

 

information about your transactions and experiences

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For our affiliates’ everyday business purposes—

 

 

No

 

 

We don't share

 

information about your creditworthiness

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For our affiliates to market to you

 

 

No

 

 

We don't share

 

 

 

 

 

 

 

 

 

For nonaffiliates to market to you

 

 

No

 

 

We don't share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Questions?

 

Call 800-712-5407 or go to www.avant.com

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Privacynotice_webbank_3.28.142x1

Privacynotice_webbank_3.28.142xi2 Page 2

Privacynotice_webbank_3.28.142xi3 What we do

 

How does WebBank protect my

To protect your personal information from unauthorized access

 

personal information?

and use, we use security measures that comply with federal law.

 

 

These measures include computer safeguards and secured files

 

 

and buildings.

 

 

 

 

How does WebBank collect my

We collect your personal information, for example, when you

 

personal information?

apply for a loan or give us your income information

 

 

 

 

tell us where to send the money or provide employment information

 

 

show us your government-based ID

 

 

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 to you

 

 

sharing for nonaffiliates to market to you

 

 

State laws and individual companies may give you additional rights to

 

 

limit sharing.

 

 

 

 

 

 

 

Definitions

 

 

Affiliates

Companies related by common ownership or control. They can be

 

 

financial and nonfinancial companies.

 

 

WebBank does not share with our affiliates.

 

Nonaffiliates

Companies not related by common ownership or control. They can be

 

 

financial and nonfinancial companies.

 

 

WebBank does not share with non-affiliates so they can market to

 

 

you.

 

 

 

 

Joint marketing

A formal agreement between nonaffiliated financial companies that

 

 

together market financial products or services to you.

 

 

WebBank does not jointly market.

Privacynotice_webbank_3.28.142xi4 Other important information

If you live in Vermont, we will not share information about your creditworthiness with our affiliates for their everyday business purposes unless you consent to that sharing. If you live in California, we will not share information about you

(1) with our affiliates for their own purposes or (2) for joint marketing with other Financial companies.