us, Lender420, via our website at
www.Lender420.com. It provides you with details about
the personal information we collect from you, how we use your personal information, and your
rights to control personal information we hold about you.
use this website or the services provided on it.
Lender420 is a company incorporated in California whose principal place of
business is at 292 S. La Cienega Blvd. STE 206 in Beverly Hills, CA 90211.
We respect your right to privacy and will only process personal information you provide to us in
accordance with applicable privacy laws.
Lender420 collects personal information supplied by you during the investor or
borrower application process. This information includes, but is not limited to:
Name and your business name Name
Mailing Address Mailing Address
Phone and e-mail details Phone and e-mail details
Bank Account Information Bank Account Information
Date of birth Date of birth
Social Security Number Social Security Number
Income, assets, debt, and other personal and business data
Comments you make on blogs and discussion forums on the website
Correspondence with us by email and post
Lender420 collects this personal information from you in order to
(a) determine borrower’s eligibility for a loan and investor’s suitability as an investor; (b) obtain, upon your authorization, a credit report, references, and other information from credit bureaus or other third parties in connection with your loan application;(c) verify your identity;(d) detect and guard against potential fraud; (e) manage your Lender420 account and update the records we hold about you; (f) create a marketplace loan listing on the Lender420 website, which includes a Lender420 credit grade based on your credit history and financial circumstances; (g) to process your payments and other transactions; (h) develop and improve our website, product, and service offerings;(i) enforce our agreements; (j) carry out statistical analysis and market research;(k) carry out regulatory checks; (l) make this website available to you and identify products and services which you may be interested in; and (m) to send periodic emails.
Borrower information collected by or provided to us may be shared with other parties in the following manner:
To our affiliates and certain third parties if required to recover debts and/or enforce any loan agreement.
To a third party if it acquires all (or substantially all) of our business and/or assets in connection with the acquisition. When required by applicable law. Information about borrowers may be shared to the borrower’s franchisor (as applicable) and our
affiliates and certain third parties from time to time until your loan is repaid in full.
Information about borrowers may be shared to collecting agencies or service providers.
Information about borrowers may be shared to consumer reporting agencies and fraud
prevention agencies in order to perform checks, trace your whereabouts, or recover debts you owe. Lender420 works with a number of trusted partners who assist us in operating our website, conducting our business, or servicing you, so long as those parties agree to keep this information confidential. We may also release your information when we believe release is appropriate to comply with law, enforce our site policies, or protect our or others’ rights, property, or safety.
We will not sell or rent your personal information to any third party unless you have consented to this. If you do consent, but later change your mind, you may contact us and we will stop any such activity.
While we take appropriate technical and organizational measures to safeguard the personal information that you provide to us, we accept no liability if communications are intercepted by third parties or incorrectly delivered or not delivered.
In addition to our efforts, you can take several precautions to protect your personal information. First, you should choose a strong password. A strong password does not contain information that someone can easily learn about you such as your name or birthday and incorporates a variety of letters, numbers, and special characters. We also recommend that you change your password frequently (every 90 days). You can also install and regularly update firewall and antivirus software to protect your computer. When you are finished using our site, be sure to log out and close the browser window, especially if you are accessing our site from a public computer.
You have the following rights:
Update and correct any out-of-date or incorrect personal information that we hold about you free of charge; and Opt out of any marketing communications that we (or any third party to whom we have disclosed your personal information with your consent) may send you. If you wish to exercise any of the above rights, please contact us using the details specified below.
Please note that the Fair Credit Report Act (FCRA) requires each of the nationwide credit
reporting agencies—Equifax, Experian, and TransUnion—to provide you with a free copy of your credit report, at your request, once every 12 months. For more information, visit: http://www.ftc.gov.
We comply with the requirements of the Children’s Online Privacy Protection Act. We do not knowingly collect personal information from children under the age of the 13. Our website, products, and services are all directed to people who are at least 13 years of age or older.
liability governing the use of our website.
292 S. La Cienega Blvd. STE 206
Beverly Hills, CA 90211
Loans made pursuant to Department of Business Oversight California Finance Lenders Law License. License 60DBO-4553