Privacy Policy | Commercial Growth St

Effective Date: 08/01/2024

This Privacy Policy explains how Auto Equity Inc ("we," "us," "our") collects, uses, and discloses personal information from customers and users ("you," "your") of our website and services, including commercial loan applications and financing packages.

By using our website or services, you agree to the collection and use of your personal information as outlined in this policy.

1. Information We Collect. We may collect the following types of information when you apply for a commercial loan or submit financial documentation through our site:Personal Identifiable Information (PII): Name, business name, mailing address, email, phone number, Social Security number, Tax Identification number, and other contact details.Financial Information: Bank statements, financial reports, tax returns, credit history, and other financial documentation necessary to assess creditworthiness.Credit Reporting Information: We may collect information from consumer reporting agencies, credit bureaus, or other third parties in compliance with the Fair Credit Reporting Act (FCRA).Business Information: Business financials, asset information, and details relevant to loan applications.Technical Data: IP addresses, device information, and analytics regarding your use of our website.

2. Use of Your Information. We collect and use your information to process and evaluate commercial loan applications, provide services, and comply with legal and regulatory obligations. Specifically, we use your information to:Evaluate your creditworthiness for commercial loan applications;Communicate with you regarding your application status or requests for additional information; Comply with the Fair Credit Reporting Act (FCRA), which governs how we handle credit reporting information;Fulfill our obligations under the Gramm-Leach-Bliley Act (GLB), which requires us to safeguard your personal financial information; Improve our services and website; Provide customer service and support.

3. Written Consent to Obtain Credit Information: By submitting a loan application or financial package through our site, you provide express written consent for us to: Obtain and use credit reports and credit-related information as governed by the Fair Credit Reporting Act (FCRA); Request additional information from credit bureaus as necessary for credit evaluation and risk assessment.

4. Disclosure of Information. We do not sell or rent your personal information. However, we may disclose your information to third parties for the following purposes: To Service Providers: We may share your information with third-party service providers, including credit bureaus, lenders, and financial institutions, for the purpose of processing and evaluating your commercial loan application. To Comply with Laws: We may disclose your information when required by law or regulation, including compliance with the FCRA, GLB, and other applicable laws. To Third-Party Partners: We may share limited information with trusted partners who help us provide services, subject to confidentiality agreements and in compliance with applicable laws.

5. Safeguarding Your Information. We take the security of your personal and financial information seriously. In compliance with the Gramm-Leach-Bliley Act (GLB), we implement administrative, physical, and technical safeguards to protect your data against unauthorized access or disclosure. These measures include encryption, secure file storage, and restricted access to sensitive information.

6. Your Rights and Choices. You have certain rights under the Fair Credit Reporting Act (FCRA) and other applicable laws:Access to Credit Reports: You may request access to any credit report we have obtained in connection with your loan application. Correction of Information: If you believe any of the information we have obtained is inaccurate or incomplete, you have the right to request corrections. Opt-Out of Marketing: You may opt out of receiving marketing communications from us at any time by contacting our customer service team.

7. Retention of Information. We retain your personal and financial information only as long as necessary to provide services and comply with legal obligations, including but not limited to the Fair Credit Reporting Act (FCRA) and Gramm-Leach-Bliley Act (GLB).

8. Changes to This Policy. We reserve the right to update or modify this Privacy Policy at any time. Any changes will be posted on this page with the updated effective date. Your continued use of our services after any modifications constitutes your acknowledgment and acceptance of the updated policy.

9. Contact Us if you have any questions about this Privacy Policy or wish to exercise your rights under the FCRA or GLB, please contact us at: Auto Equity Inc 18530 Mack Ave 291 Grosse Pointe Farms, MI 48236 phone (888) 884-7450.

Consumer Authorization for Text Communications

Consent to Receive Text Messages: By agreeing to these terms, you authorize us, our agents, and our affiliates to contact you at the phone number provided using automated technology, prerecorded messages, or SMS text messages. Message frequency will vary depending on your account settings and your interactions with us.
Standard Messaging Rates Apply: Text message charges or data rates may apply according to your wireless plan. You are responsible for any such charges.
Opt-Out: You may opt-out of receiving text messages at any time by replying "STOP" to any text message from us. After you submit a request to unsubscribe, you may receive one final text message confirming that your request has been processed. Please allow up to 10 days for processing. Opting out of text messages will not affect other methods of communication with us unless requested.