Privacy Policy

Know how your information is being used.

 

WHAT DOES Compaq Credit DO WITH YOUR PERSONAL INFORMATION?

  Rev. 07/2021

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 or service you have with us. This information can include:

  • Social Security Number and Income
  • Account Balances and Payment History
  • Credit History and Credit Scores

How?

All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Compaq Credit chooses to share; and whether you can limit this sharing.

 

REASONS WE CAN SHARE YOUR PERSONAL INFORMATION

Does Compaq Credit 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 Yes No
For our marketing purposes - To offer our products and services to you Yes No
For joint marketing with other financial companies Yes No
For our affiliates' everyday business purposes - Information about your transactions and experiences Yes No
For our affiliates' everyday business purposes - Information about your creditworthiness No We don't share
For our affiliates to market to you Yes

Yes

For our nonaffiliates to market to you No We don't share

 

 

To limit our sharing

  • Call 877-614-7600  - our menu will prompt you through your choice(s) or
  • Visit us online: www.compaqcredit.com

Please note:

If you are a new customer, we can begin sharing your information 30 days 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 877-614-7600 or go to www.compaqcredit.com

 

 

WHO WE ARE

Who is providing this notice? Compaq Credit and affiliate Smith, Shellnut, and Wilson (SSW)

 

 

WHAT WE DO

How does Compaq Credit 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 computer safeguards and secured files and buildings.

How does Compaq Credit collect my personal information?

We collect your personal information, for example, when you:

  • Open Accounts or Deposit Money
  • Pay your bills or Apply for a loan
  • Use your debit or credit card

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 creditworthiness
  • affiliates from using your information to market to you
  • sharing to nonaffiliates 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?

Your choices apply to everyone on your account.

 

DEFINITIONS

Affiliates

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

  • Our affiliate Smith, Shellnut & Wilson (SSW)

Nonaffiliates

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

  • Compaq Credit does not share with non-affiliates so they can market to you

Joint Marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

  • Our joint marketing partners include credit card companies, wealth management solution companies, and insurance companies

 

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