Consumer Privacy and How It Affects You
At iLendingDIRECT, your privacy is our chief concern. We understand that you entrust us with your private financial information to help us match you with a lender. In exchange for your trust, you expect and deserve our commitment to treat your information with respect. Rest assured that we protect your privacy. Under no Circumstances will iLendingDIRECT sell or share any personal information about you to or with any person or organization except as authorized by you, to participating lenders or other parties involved in your transaction, or as to provide quality service, we recognize that one of our most important assets is our customers’ trust.
Information About You
We may obtain personal information about you, our customer, from a variety of sources. If you choose to finance your vehicle using iLendingDIRECT, you must complete an application requesting personal information as well as income information and information about your existing lease. Personal information includes your name, address, email address, phone number, social security number, and birth date. This information is needed to pull a credit report on you and to identify you to prospective lenders. The application also asks for your monthly gross income as well as the name and address of your employer, since lenders need this information in order to evaluate your capacity to repay the requested loan. Information is requested on your existing lease or loan so that we can evaluate your financing options. This includes payoff amount, lien holder, and information on the vehicle itself.
Once you have completed an application, a credit report may be accessed by you and when we begin the process of finding you the best possible loan from our various lenders. We do not send your application to each lender in our network for review. Instead, we try to match your credit profile and needs to the borrower profile established by our lenders. More than one credit report may be pulled on you during this time, as individual lenders evaluate your loan request against their lending criteria.
By Submitting An Application To iLendingDIRECT, You Consent To The Use Of Your Credit Report For The Purpose Obtaining A Credit Offer From One Of Our Participating Lenders.
We limit the use and collection of information about you to that which we reasonably believe necessary for administering our business and providing superior service while offering products and services that we think will be of interest to you.
Use of Collected Information
iLendingDIRECT only collects the information necessary to respond to your request for our service. We only share this information with our authorized agents, our partner lenders, or as may be required by federal or state law or by court order. Otherwise, iLendingDIRECT will not sell or share any personal information about you to or with any person or organization except as authorized by you. In addition, we may disclose the information described above to companies that perform marketing services on our behalf, or with whom we have joint marketing agreements, but only the information necessary for the specific marketing purpose.
Description of iLendingDIRECT
iLendingDIRECT brings together qualified borrowers and competitive lenders to create the best possible financing opportunity for your off-lease vehicle.
Loan applications can be submitted either online, or by calling us at (866) 683 5505. We take all the information that you provide in the loan application – everything from how much you make, to how long you’ve lived at your current address, to how strong your credit is. Our staff goes through each application and matches each one with the best possible lender, getting the best possible rate and term of the loan.
“iLendingDIRECT Inc.” is a Colorado Incorporated company headquartered in Englewood Colorado. All lenders in the iLendingDIRECT network have FDIC insured Banks, Thrifts, Credit Unions or License Lenders.
Maintaining Accurate Information
The continuing accuracy of your information is also important, and we strive to maintain current, complete and accurate information. Should you ever believe that our records contain inaccurate or incomplete information about you, please notify us. We will investigate your concerns and make every effort to promptly correct any inaccuracies.
Should any of your information change prior to receiving any mailings from us, please let us know so that we can update our records accordingly.