Privacy notice

LendingPoint LLC Privacy Policy

Rev. 11/2020

FACTS

WHAT DOES LendingPoint LLC

DO WITH YOUR PERSONAL INFORMATION?

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 Account Balances
  • Payment History and Credit Scores
  • Credit History and Transaction History

When you are no longer our 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 LendingPoint LLC chooses to share; and whether you can
limit this sharing.

 

Reasons we can share your personal information Does LendingPoint LLC share? Can you limit this sharing?
For our everyday business purposes— such as to process your
transactions, maintain your account(s), respond to court orders and legal
investigations, or report to credit
bureaus
Yes No
For our marketing purposes— to offer our products and services to
you
Yes No
For joint marketing with other financial companies Yes
No
For our affiliates’ everyday business purposes— information about
your transactions and experiences
Yes No
For our affiliates’ everyday business purposes— information about
your creditworthiness
No We don’t share
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 (888) 969-0959
or go to www.lendingpoint.com

 

Who we are
Who is providing this notice? LendingPoint LLC, LendingPoint Funding I 2017-LLC, LendingPoint 2018-1 SPE Trust,
LendingPoint 2018 Funding Trust, LendingPoint 2019-1 Asset Securitization Trust,
LendingPoint 2019-2 Asset Securitization Trust, LP LMS 2019-1 Asset Securitization
Trust,
LendingPoint 2020-1 Asset Securitization Trust, LP LMS 2020-1 Asset Securitization
Trust

 

What we do
How does LendingPoint LLC protect my personal information? To protect your personal information from unauthorized access and use, we use security
measures that comply with federal law. These measures include computer safeguards and
secured files and buildings.
How does LendingPoint LLC collect my personal information?

We collect your personal information, for example, when you

  • Apply for a loan or provide employment information
  • Give us your account information or tell us where to send money
  • Give us your income information

We also collect your personal information from others, such as credit bureaus,
affiliates, or other companies.

Why can’ I limi 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. See below for more on your rights under state law.

 

Definitions
Affiliates

Companies related by common ownership or control. They can be financial and
nonfinancial companies.

  • LendingPoint LLC, LendingPoint Funding I 2017-LLC, LendingPoint 2018-1 SPE Trust,
    LendingPoint 2018 Funding Trust, LendingPoint 2019-1 Asset Securitization Trust,
    LendingPoint 2019-2
    Asset Securitization Trust, LP LMS 2019-1 Asset Securitization Trust, LendingPoint
    2020-1 Asset Securitization Trust, LP LMS 2020-1 Asset Securitization Trust
Nonaffiliates

Companies not related by common ownership or control. They can be financial and
nonfinancial companies.

  • LendingPoint LLC does not share with nonaffiliates so they
    can market to you.
Joint marketing

A formal agreement between nonaffiliated financial companies that together market
financial products or services to you.

  • LendingPoint LLC’s joint marketing partners include home improvement finance,
    credit card companies and other consumer and commercial finance companies.

 

Other important information
Notice to Texas Residents: For questions or complaints about this loan, contact
LendingPoint LLC at (888) 969-0959 or at
customerservice@lendingpoint.com.
LendingPoint LLC is licensed and examined under Texas law by the office of Consumer
Credit Commissioner
(OCCC), a state agency. If a complaint or question cannot be resolved by contacting
LendingPoint, consumers can contact the OCCC to file a complaint or as a general
credit-related question.
OCCC address: 2601 N. Lamar Blvd., Austin, Texas 78705. Phone: (800)
538-1579
. Fax: (512) 936-7610. Website: occc.texas.gov. E-mail: consumercomplaints@occc.texas.gov.

 


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