Privacy Policy
Introduction
Welcome to LendSafe LLC, a premier third-party service provider specializing in the processing and underwriting of loans on behalf of various lenders. Our commitment to maintaining the privacy and security of your personal and financial information and that of your borrowers is paramount. This Privacy Policy outlines how we collect, use, protect, and share information in accordance with our operations and legal obligations.
Information Collection
We collect information that is essential to process and underwrite loan applications. This may include your borrower’s:
- Personal identification details (e.g., name, address, Social Security number).
- Contact information (e.g., email, phone number).
- Financial information (e.g., income, employment details, credit history).
- Any other information necessary to fulfill our service obligations.
Information is collected directly from your borrowers when they apply for a loan or indirectly from credit bureaus as part of the loan application process.
Use of Information
The information collected is used exclusively for the purpose of processing loan applications and underwriting services, which includes:
- Assessing eligibility for loans.
- Communication regarding the loan application.
- Facilitating transactions between you and the borrowers.
Sharing and Disclosure
We only share personal and financial information with parties that are directly involved in the loan process or when we have a legal obligation to do so. Our partners are obligated to protect the confidentiality of your information and that of your borrowers and to use it solely for the intended purposes. We do not sell or share your information with third parties for marketing purposes.
Data Protection
LendSafe LLC implements industry-standard security measures, including encryption and access control, to protect confidential information from unauthorized access, alteration, or destruction. We regularly review our security policies and procedures to ensure the safety of your information.
Your Rights
You have the right to access, correct, or delete personal information held by us. If you wish to exercise these rights, please contact us at the details provided below.
Cookies and Tracking Technologies
Our website may use cookies and similar tracking technologies to enhance user experience and analyze website usage. These technologies help us improve our services and website functionality.
Policy Updates
This Privacy Policy may be updated periodically to reflect changes in our practices or legal requirements. We will notify you of any significant changes through our website or through direct communication.
Contact Information
If you have any questions or concerns about this Privacy Policy or the handling of your information, please contact us at: Email: katie@lendsafe.us