Last updated: November 2016
Financial Freedom, a division of CIT Bank, N.A., and its affiliates, including CIT
Group Inc. (collectively "CIT," "we," "us," or "our")
respect your privacy and are committed to treating and using personal information
(as defined below) about you responsibly.
to collect, use, and share personal information from or about you except as otherwise
provided in this Policy. This Policy applies both to any CIT site and/or mobile
application that links to this Policy (such sites and/or mobile applications, and
all activities thereon, constituting "the Services"). This Policy applies
regardless of what computer or device ("computer") you use to access the
Throughout this Policy, we refer to nonpublic personal information that can directly
and without additional information identify you or your accounts as "personal
information." "Personal information" includes information such as
your name, address, email address, or phone number, and other information that is
not otherwise publicly available (such as your date of birth, Social Security number,
and financial information). Please read this Policy carefully. When you visit this
site, you consent to the terms of this Policy and the information described herein.
Any dispute related to this Policy will be governed by our
Personal information we collect
We collect personal information from and about you in order to identify you as our
customer, establish and manage customer accounts (including collection activity),
complete customer transactions, and understand our customers and their needs. We
also collect this information to improve how we market products and services, learn
about our markets and design, and improve our products and services. Furthermore,
the collection of this information helps us to comply with legal and regulatory
requirements, and protect the rights, property, or safety of CIT, its employees,
customers, visitors to the Services, and others.
We may also collect personal information from you if you:
(1) apply for employment through the Services (which may include your name, address,
references, and employment history);
(2) use the Services to check the status of your accounts (such as your name, account
number, and login password); and
(3) send us an email to inquire about your account or to request information (such
as your name, email address, and any other personal information you supply in your
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How we use the personal information we collect
We may use the personal information that you provide to us as follows:
(1) if you apply for a job, to consider you for the position and to contact references
(please note that your references may be contacted without prior notice to you);
(2) if you apply for credit, to assess your creditworthiness, including retrieving
credit reports, and to approve or reject your application; or
(3) to respond to inquiries you may have about your account and other related matters;
(4) if you send us an email for information, to reply to your request.
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How we may share personal information you provide to us
CIT may share your personal information under the following circumstances:
Affiliates: We may share your name, address, and information about your transactions
and experiences with us (such as your payment history or other facts about your
account) with our affiliates.
Agents and service providers: To establish, administer, and manage our customers'
accounts, evaluate credit, provide customer service and benefits, process account
transactions and account statements, engage in collections activities, or process
job applications, we may disclose your personal information to companies that work
with us to perform services or business operations on our behalf. We may also share
your personal information with companies that perform marketing services on our
behalf, or with other financial institutions (including insurance companies) with
whom we have joint marketing agreements.
Nonaffiliated third parties: In certain instances, we are permitted or even
required to disclose your personal information to nonaffiliated third parties. For
example, reporting your transaction history and information with us to credit reporting
agencies, responding to regulators or auditors, to protect against fraud, or to
provide information in connection with proposed or actual business transactions
involving CIT companies or accounts. We may also disclose your personal information
to third parties when legally compelled to do so, such as to comply with the law,
its employees, customers, visitors to these Services, and others. Please be aware
that these disclosures are permitted by law without your consent.
Other third parties: We may also share, as permitted by law, your personal
information with other third parties with whom we do not have joint marketing agreements,
such as other financial services providers and insurance companies, or with nonfinancial
companies, such as service organizations, retailers, travel services and direct
marketers. We require these companies to adhere to CIT's confidentiality standards
with respect to your personal information.
USA Patriot Act Section 326 compliance: When you open an account with us,
we will ask for your name, address, and other identifying documents such as your
driver's license, that will allow us to identify you. We do this to help the
government fight the funding of terrorism and money laundering activities. U.S.
federal law requires all financial institutions to obtain, verify, and record information
that identifies each person who opens an account.
Business transfers: As we develop our business, we may sell or buy businesses
or assets, or be involved in mergers or other corporate reorganization. In transactions
such as these, your personal information may be shared in connection with any of
the foregoing types of transactions, even prior to the existence of a final, binding
agreement to buy, sell, merge, or reorganize.
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How we protect the confidentiality and security of your personal information
CIT uses reasonable measures to protect personal information from unauthorized access,
deletion, or alteration. In addition, we have physical, electronic, and procedural
safeguards to protect your personal information. As part of our security practices,
CIT does not send requests that ask our customers to send us their personal information
through standard email. Any personal information you request CIT to send you via
email, such as your account balance, is encrypted. However, standard email communications
are not. Therefore, you should not transmit your personal information to us through
email. Please note that no company can guarantee perfect online security, and please
remain careful and vigilant in your online activities.
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CIT operates general audience online Services that are accessible to the public.
These Services are not intended for visitors under 18 years of age. We do not knowingly
market our products or services to children, nor do we knowingly collect personal
information from children.
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Information we automatically collect (not personal information)
When you visit or browse our Services, we and our advertising, marketing, or service
partners may collect information such as your Internet Protocol or "IP"
address and the "URL" of the Web pages you visit, and may use "cookies,"
Web beacons, or other objects to collect statistical and other information about
your use of our Services. The purpose of collecting this information is to improve
the effectiveness of our Services and to conduct targeted advertising or marketing.
The collected information may include, for example, information about your computer,
its unique identifiers, and its configuration, the Web pages you visited or mobile
applications used; the date and time of your visit; the websites you visited immediately
before and after visiting our website; your language preference; demographic and/or
location-based information; and the popularity of various advertising words and
phrases used by us. The collection of this information allows for the compilation
of aggregate and anonymous information about the usage of our Services, and can
help us improve your use of our Services, by, for example, providing quick login,
streamlining site navigation, and maintaining up-to-date content for all users.
Should you configure your browser to reject cookies, you may disable some of our
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We currently do not employ technology that recognizes "do-not-track" signals
from your browser. As stated above, we engage third parties, such as advertising,
marketing, service, or analytics partners, who may collect information about your
online activities over time and across different websites when you use our Sites.
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Changes to this Policy, and contact information
CIT may update this Policy from time to time. CIT may notify you of an update to
this Policy by any reasonable means, including by email, online account notification,
mobile application pop-up, or regular mail. You agree that if you choose to continue
to use the Services after CIT sends you such an email, online account notification,
mobile application pop-up, or regular mail (allowing one week from the sent date
for delivery of regular mail), you are bound to the most recent version of the Policy.
You should periodically check the effective date at the top of this Policy to be
sure that you are aware of the most recent version of this Policy and the important
information described in it.
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