The operator of the PaydayCraft website and/or app is neither a lender nor a broker. PaydayCraft doesn’t make any credit or finance-related decisions but offers the users a loan-connecting service. PaydayCraft securely transfers the information the users provide to the third-party lenders that determine the APR, fees, and all the other loan terms.
The Information PaydayCraft Collects
PaydayCraft collects both personally identifiable information that may identify a certain individual and non-personally identifiable information that identifies anonymous data that cannot be associated with a particular individual.
Personally identifiable information is collected when the users complete the online application form to request a loan from a lender participating in the network or when they send questions to the Website/App. This includes name, address, phone number, SSN, email, birth date, driver’s license number, citizenship status, employment details, amount and frequency of paychecks, information about home ownership, and your banking account.
Non-personally identifiable information is collected either through the use of third-party tracking systems or directly through the use of ‘cookies’. This includes the user’s IP address, the browser type, access time, language, information about the links the user follows, and the areas of the Site the user visits.
Cookies are pieces of information a website sends to the user’s computer while the user is viewing a site to remember the user without personal identification.
PaydayCraft can share non-personally identifiable information with its suppliers and other third parties for the purpose of statistical and trend analysis.
How PaydayCraft Uses Personally Identifiable Information
The PPI can be collected by PaydayCraft to provide the requested service. The details the user provides in the application form are transferred to the partner lenders participating in the network. The information may be used to resolve disputes, address technical problems, or enforce agreements. The use of PII is limited to what is deemed necessary for providing the service.
By submitting the personally identifiable information, the users consent that it can be shared with reliable third parties (in accordance with the applicable law), including the direct providers of financial options PaydayCraft affiliated with. The information can be used for marketing services and advertising that may be defined as interesting to the user. PaydayCraft reserves the right to share, sell, or otherwise disclose the users’ information to third parties.
The operator of the PaydayCraft Website/App doesn’t have any access to the information the users provide in the application form. The loan requests the users submit are securely transferred to the trusted direct lenders participating in the web network.
Providing the PII, the users permit the partner lenders to contact them regarding the loan request and processing. Thus, applicants waive the right to file any claims related to these contacts to the FTC or any other agency.
Sharing Personally Identifiable Information
The service offered by PaydayCraft is provided by the third parties. PaydayCraft can share your information with these third parties to provide better service. PaydayCraft may also share personal information with the participating lenders, affiliates, and assignees whenever it is deemed necessary.
The third parties have their own privacy policies describing the way they use and/or disclose personal information.
PaydayCraft discloses the PII in response to a court order, subpoena or similar investigative demand, request for cooperation from a law enforcement agency or other government agency; to establish or exercise the legal rights; to defend against legal claims, or as otherwise required by law. The PII may be also disclosed when it is necessary to investigate, prevent, or take action regarding illegal activity, suspected fraud, or other wrongdoing; to protect and defend the rights, property, or safety of the parent company, its employees, its website users, or others; or to enforce the Terms and Conditions or other agreements or policies.
When the users provide PII, they automatically opt-in. If the users get contacted by third parties, they have the right to opt-out of any further communications.
Links to Other Websites
The PaydayCraft policies, content, information, promotions, disclosures, disclaimers, and features may be revised, modified, updated, and/or supplemented at any time and without prior notice at its sole and absolute discretion.
PaydayCraft is not intended for use by anyone under the age of 18 or the age of majority in your jurisdiction. PaydayCraft does not knowingly collect Personally Identifiable Information from children under the age of 18.
PaydayCraft uses security technologies to keep users’ information protected from unauthorized use, access, and/or disclosure. When the data is sent to the lenders over the Internet, it is protected by the Secure Socket Layer (SSL) protocol encryption.
Minimum and maximum period for repayment - from 62 days to 2 years.
The APR is the rate at which your loan accrues interest and is based upon the amount, cost and term of your loan, repayment amounts and timing of payments. Some states have laws limiting the APR that a lender can charge you. APRs range from 4.99% up to 35.99% and vary by lender. Lenders are legally required to show you the APR and other terms of your loan before you execute a loan agreement. Residents of some states may not be eligible for some loans. Residents of Arkansas, Connecticut, New Hampshire, New York, Montana, South Dakota, Vermont, West Virginia, Indiana and Minnesota are not eligible to use this app or service.
ExampleRepresentative example of the total cost of the loan (including all applicable fees) Loan amount - $750. Loan term - 1 year. APR - 7%. Your monthly repayment will be $64.82. The total amount repayable will be $777.84, therefore the loan will cost you $27.84
If you have any questions regarding the website or app use, contact us at admin@PaydayCraft.com