Section 01
1. Information We Collect
To process your personal loan application for auto repairs, emergency expenses, major purchases, or rent, LongLake Loans collects:
- Personally Identifiable Information (PII): Full name, date of birth, physical US address, email address, and Social Security Number (SSN).
- Financial Information: Employment status, income details, and active US checking account information.
- Banking Verification Data: Read-only transaction data obtained securely through our third-party banking verification partners. We do not store your online banking passwords.
Section 02
2. How We Use Your Information
Your data is strictly used to:
- Perform soft credit inquiries to display estimated rates.
- Conduct underwriting, verify income via banking integrations, and facilitate live underwriter specialist reviews.
- Disburse funds and process monthly ACH repayments.
Section 03
3. Data Security
LongLake Loans secures all personal and financial data using enterprise-grade 256-bit encryption during transmission and storage.
Section 04
4. Information Sharing
We do not sell your personal data. Information is only shared with credit bureaus for reporting purposes, our dedicated funding officers for disbursement, and authorized third-party service providers essential to the loan processing pipeline.
Questions about this document? Email support@longlakeloans.com or call (747) 202-5223 (local).