At LoanNow, we believe integrity is a value fundamental to all the decisions we make, including how we gather and respect your personal information. The security of your personal information is extremely important to us.
WE DO NOT STORE YOUR ACCOUNT CREDENTIALS
All of your third party account information is transmitted securely and LoanNow never stores your username, password, or other banking credentials. These credentials are not accessible by anyone at LoanNow.
When you enter your login credentials to connect a third party account with us, we securely transmit that info to a web service that communicates with your bank and passes back an authorization token to LoanNow. This authorization token gives us access to view your account information without giving us, or anyone else, permission to perform any other action inside that account. The financial and personal data we use to process your loan is stored securely off-site in a protected data center.
If you are granted a loan account with us, then the token created by linking your account here will remain active throughout the duration of your loan. LoanNow may use the information accessed through its use of the token to award you LoanNow achievements and/or loan credits over the course of your loan.
WE NEVER SELL YOUR INFORMATION
We do not sell your information. To complete your loan requests we may need to share information provided by you with our partners so that they can perform the requested services, but your information is never for sale.
We employ generally accepted industry standards to protect the personal information submitted to us, both during transmission and once we receive it. We also restrict access to protect you against fraud.
LoanNow stores and processes user information using secure servers located only in the United States. This information is protected by physical, electronic and procedural safeguards in compliance with applicable US federal and state regulations.
After LoanNow receives information, it is stored on a secure server that resides behind firewalls and data encryption designed to block unauthorized access from outside of the Company. Secure data transmissions help ensure that information remains confidential and we utilize 256 bit Secure Socket Layer encryption to transmit information to you and your bank. LoanNow has also established physical, electronic and procedural safeguards in place to prevent access to personal information by employees except for purposes that are required to fulfill their job responsibilities.
LoanNow does not store payment or related personal data at its office. Instead of storing payment information on company systems, LoanNow stores payment or related personal data in PCI-compliant and PA-DSS certified data centers. LoanNow encrypts and securely transmits user payment information to the banking network at the time of initial payment acceptance. LoanNow receives the response along with a “payment token” that it uses to reference that transaction for any future billing action. LoanNow stores only this secure token.
Remember, no method of transmission over the Internet, or method of electronic storage, is 100% secure. Therefore, while we strive to use commercially acceptable means to protect your personal information, we cannot guarantee its absolute security. You can help to maintain the security of your online transactions by not sharing your personal information with anyone and choose passwords that are difficult for others to guess and that don’t use personal information such as your birth date, address, or pet’s name. If you notice anything suspicious, please contact us immediately.