Privacy Policy

SKML Associates ("Company," "we," "our," or "us") is committed to protecting your privacy. This Privacy Policy describes how we collect, use, disclose, and safeguard your information when you apply for and use our car loan services.

1. Information We Collect

We may collect the following types of information:

• Personal Information: Name, address, phone number, email, date of birth, Social Security Number (SSN), driver’s license details, employment details, and income information.
• Financial Information: Bank account details, credit history, loan repayment history, and credit score.
• Vehicle Information: Make, model, year, and Vehicle Identification Number (VIN).
• Usage Information: Data on how you use our website and services, including IP address, browser type, and device information.

 

2. How We Use Your Information

We use the information collected to:

• Process and evaluate your loan application.
• Verify your identity and financial status.
• Communicate with you regarding your loan and account.
• Detect and prevent fraud and unauthorized access.
• Improve our services and customer experience.
• Comply with legal and regulatory obligations.

 

3. Sharing of Information

We may share your information with:

• Affiliated Companies: Our partners, subsidiaries, and service providers who assist in processing loans and managing accounts.
• Credit Bureaus: To assess creditworthiness and report loan performance.
• Regulatory Authorities: As required by law or for fraud prevention.
• Third-Party Service Providers: For payment processing, customer support, and data analysis.
• Business Transfers: In case of a merger, acquisition, or sale of assets.

 

4. Data Security

We implement industry-standard security measures to protect your personal and financial information from unauthorized access, alteration, disclosure, or destruction. However, no data transmission over the internet can be guaranteed as 100% secure.

5. Your Rights and Choices

Depending on applicable laws, you may have the right to:

• Access, correct, or delete your personal data.
• Opt out of marketing communications.
• Restrict or object to data processing.
• Request a copy of your data in a portable format.

 

6. Cookies and Tracking Technologies

We use cookies and similar tracking technologies to enhance user experience and analyze website traffic. You can manage cookie preferences through your browser settings.

7. Retention of Information

We retain your information as long as necessary to fulfill the purposes outlined in this policy, comply with legal obligations, and resolve disputes.

8. Third-Party Links

Our website may contain links to third-party websites. We are not responsible for their privacy practices, and we encourage you to review their privacy policies.

9. Changes to This Privacy Policy

We may update this policy periodically. Any changes will be posted with a revised effective date. Your continued use of our services after changes are made constitutes acceptance of the updated policy.