Information Sharing Policy

Facts:

WHAT DOES S&P LOAN CO. 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 you have with us. This information can include:

                             *  Social Security number and Date of Birth          

                             *  Your Address and Banking Information

                             *   Employment and Income Information

How?

All financial companies need to share detailed personal information to run their everyday business. In the section below, we list the reasons financial companies can share their detailed personal information; the reasons S&P Loan Co. Chooses to share; and whether  you can limit this sharing.

  Reasons we can share your personal information   Does S&P Loan Co. 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. We share this information and you are not able to limit the sharing of this information.

For our marketing purposes-

to offer our products and services to you . We do share this information and you can limit this sharing.

For joint marketing with other financial companies

We do share this information and you can limit this sharing.

For our affiliates’ everyday business purposes-      

information about your transactions and experiences . We do share this information and you can not limit this sharing.

For our affiliates’ everyday business purposes-   

information about your creditworthiness . We do not share this information and you can not limit this sharing.

For our affiliates to market to you   

We do share information with our affiliates to market to you. You can limit this sharing.

For non affiliates to market to you

We do share information to non affiliates to market to you. You can not limit this sharing.

To Limit our sharing

* Call 218-255-9042 – our menu will prompt you through your choice(s) or talk to a representative.

           Please note: If you are a new customer, we can begin sharing your information 1 day(s) from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.

Questions ?

Call 218-255-9042

Who are we – Who is providing this notice?

S&P Loan Co.

What we do

How does S&P Loan Co. 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 safeguards  and secured files and buildings.  

How does S&P Loan Co. Collect my personal information.

We collect your personal information, for example, when you open an account with us   or completing any transaction with us.

Why can’t I limit all sharing?

Federal law gives you the right to limit only * sharing for affiliates’ everyday business purposes- information about your credit worthiness   * affiliates from using your information to market to you    * sharing for non affiliates to market to you.                   State laws and individual companies may give you additional rights to limit sharing.  

What happens when I limit sharing for an account I hold jointly with someone else.

We honor the request.

Definitions

Affiliates:    Companies related by common ownership or control. They can be financial and non financial companies.

  • Check Trek Inc.
  • Peoples Small Loan Company
  • Simple Small Loans
  • Peoples Small Loan Company II
  • McBritt LLC
  • S&P Loan Co.

Non affiliates:   Companies not related by common ownership or control. They can be financial and non financial companies.

                                                                         * Payliance Inc.

Joint Marketing: A formal agreement between non affiliated financial companies that together market financial products or services to you * We do not do joint marketing.