Privacy Policy

This Privacy Policy includes important information about your personal information and we encourage you to read it carefully.

AutoFi Privacy Policy
Effective as of and last updated on September 15, 2023

This Privacy Policy includes important information about your personal information and we encourage you to read it carefully.

Introduction
AutoFi, Inc. (“we,” “our,” “us” or “AutoFi”) provides digital retailing solutions for automotive dealers, marketplaces, original equipment manufacturers (“OEMs”), and its financing partners.

Privacy and security are very important to us at AutoFi. This Privacy Policy (this “Policy”) is meant to help you understand how we collect, use, and share personal information in our possession, including how we may use your personal information to operate, improve, develop and protect our services. This Policy also outlines certain rights you have regarding your personal information.

As used in this Policy, “personal information” or “personal data” means any information that identifies, relates to, describes, or is capable of being associated with or reasonably linked to, a particular person or household. Personal information may include your name, address, e-mail address, telephone number; age, date of birth, and social security number; and financial information, including information concerning your assets, income, and bankruptcy history. This Policy applies to AutoFi, its website at www.autofi.com (the “Website”), and its products and services, including its software and API services (collectively, the “Service”). If you are an AutoFi customer (i.e., you have contracted with AutoFi to purchase certain of our products or services) and your contract with us conflicts with this Policy, the terms of your contract supersede the conflicting terms in this Policy.

On third-party websites, including our dealer and marketplace customer websites, the privacy statement or policy of the third party applies, even if those third-party websites integrate the Service. This Policy applies only to information directly submitted to or collected by the Service. This Policy does not govern the information practices or the content of any other websites or where the Service contains links to other websites.

AutoFi encourages you to review the privacy statements of other websites to understand their information practices.

What Personal Information Does AutoFi Collect?

Below is a brief summary of the categories or types of information that we collect from our customers, the employees and other authorized users of our customers, and end-users.

● If you are an AutoFi customer, we may collect and receive information and data pertaining to your customers and billing details, such as credit card and bank account information and your billing address.

● If you are an employee, authorized user, or other individual who is granted access to the Service by an AutoFi Customer, we may collect your email address, phone number, password, and domain (or similar account details) information.

● If you are a user of the Service, which includes customers who are shopping, purchasing, or applying for financing of an automobile, we may request financial credit data, driver’s license number, bank account information, employment and/or employment history information, phone number, and email address.

● If you otherwise access or use the Service, including if you are a visitor to the Website, we may collect, or you may provide, the following information:

1. metadata that provides additional context about the way you work and use the Service;
2. our servers automatically collect information when you access or use our websites or Service and record that information in log files. This log data may include the Internet Protocol (IP) address, the address of the web page visited before using the website or Services, browser type and settings, the date and time the Services were used, information about browser configuration and plugins, language preferences and cookie data;
3. information about devices accessing the Website and Service, including the type of device, what operating system is used, device settings, application IDs, and unique device identifiers.

How Do We Use and Share Personal Information?

Broadly, we use any personal information we collect or receive to provide the Service or as may be permitted or required by law or regulation.

● If you are an AutoFi Customer, we may use personal information to fulfill our obligations to you or to perform the services you request. We may also use personal information to carry out our core business operations and to perform functions such as billing and reconciliation and meet our contractual and legal obligations related to anti-money laundering and “know-your-customer” (KYC) obligations.

● If you are an Authorized User, we may use your personal information in connection with providing the Service to an AutoFi Customer, including using your personal information to create, update and maintain your account with AutoFi.

● If you are an End User, we may use your personal information in connection with or to facilitate the purchase, lease, or financing of an automobile when you go through the automobile transacting or financing process. Further, we may share your personal information with our services providers, vendors, and other third parties in connection with the automobile transacting process and the evaluation of your loan application.

Additionally, we may use and share your personal information for other business purposes, which may include:

● with our services providers, partners, or contractors, including data processors, in connection with the services they perform for us; ● to enforce a contact with you; ● to comply with applicable law or regulation, or a judicial proceeding, court order, or legal process; ● to ensure the quality of information; ● in connection with a change of ownership or control of all or part of our business; ● as we reasonably believe is appropriate to protect the rights, privacy or property of you, AutoFi, our partners, and others; ● for any other purpose with your consent.

Finally, we may collect, use and share your information in an aggregated, de-identified or anonymized form, which will not identify you personally, for any purpose permitted under applicable law.

We do not sell or rent personal information and will not share your personal information with third parties for their own marketing or promotional purposes unless you ask us to or provide us your consent to do so.

Cookies

When you visit our Website, sign up or respond to a promotional offer, fill out a website, or request information from us, we may collect information about you using cookies and other similar tracking technologies. We do this by sending a cookie to your computer or device when you access the Service. We collect this information to make interactions with the Service easier and more meaningful.

There are two types of cookies we use: session-based and persistent-based. Session cookies exist only during one session. They disappear from your computer when you close your browser software or turn off your computer. Persistent cookies remain on your computer after you close your browser or turn off your computer.

If you have chosen to identify yourself to AutoFi, the AutoFi uses session cookies containing unique identifiers to allow AutoFi to uniquely identify you. Each time you access the Service, a session cookie containing an encrypted, unique identifier that is tied to your account is placed in your browser. These session cookies allow AutoFi to uniquely identify you when you are navigating the Service and to process your online transactions and requests. Session cookies are required to use the Service.

AutoFi may use persistent cookies that only AutoFi can read and use to identify browsers that have previously accessed the Service. In such case, when you access the Service or provide AutoFi with personal information, a unique identifier is assigned to you. This unique identifier is associated with a persistent cookie that AutoFi places on your web browser. AutoFi is especially careful about the security and confidentiality of the information stored in persistent cookies.

From time to time, we engage third parties to track and analyze non-personally identifiable usage and volume statistical information from individuals who access the Service. This session tracking is used to store information or maintain data on individuals in order to recognize those individuals’ requests when they connect to the Service.

Storage and Retention of Personal Information

We retain personal information for no longer than necessary to fulfill the purposes for which it was collected and used in accordance with our agreements with AutoFi Customers, as applicable, as described in this Policy, unless a longer retention period is required or permitted under applicable law. However, your information will only be processed as required by law or in accordance with this Policy.

Security

AutoFi is committed to protecting the confidentiality of your information and online transactions. We maintain physical, technical, organizational, and administrative security measures designed to protect your personal information from unauthorized access and use, alteration, and destruction.

Changes to this Privacy Statement

We reserve the right to change this Policy at any time by posting a new version on our Website. You will not be given any notice of these modifications. Your continued use of the Service after any changes are posted will be deemed to constitute your agreement to and acceptance of such changes to this Policy. AutoFi will also notify AutoFi Customers of any material changes as specified in their agreements, as they are generally best positioned to notify their end-users about such changes to this Policy.

Your Data Protection Rights

Under applicable law, and subject to limitations and exceptions provided by law, if you are a California resident, you may have certain rights with respect to User Data and Other Information AutoFi has collected or received about you.

To exercise your access or deletion rights, where applicable, you can submit a request to: privacy@autofi.com.

HR Privacy Notice

This Policy also applies to all applicants and prospective employees and current and former employees, officers, directors, contractors, and agents of AutoFi whose personal information is collected or processed by us in the course of our business.

California Consumer Privacy Act

If you are a California resident, the California Consumer Privacy Act (“CCPA”) provides you certain rights and choices regarding how we collect, share, use, and protect your personal information and how you can exercise those rights.

Contacting AutoFi

If you have any questions or comments about this Policy, or AutoFi’s privacy practices generally, you can contact AutoFi at privacy@autofi.com or by mail at:

AutoFi, Inc.
Attn: Legal
548 Market Street PMB 53613
San Francisco, CA 94104-5401