The following policy applies to BSI Financial Services and discloses how we may collect from you online when you visit myloanweb.com
We are committed to protecting the privacy and security of our online visitors. When you visit our website to view any pages, read product information, or use any tools, you do so without telling us who you are and without revealing any personal information. While we do not collect identifying information about visitors to our site, we do use standard software that tracks the activity on our site. This allows us to better understand how many people use our site and which pages and features are most popular. The information we collect and store is limited to: the name of your Internet Service Provider, the website that referred you to us (if any), the date and time the pages were accessed, and the page or pages you requested. There are instances where you may elect to provide us with personal information. If you fill out one of our feedback or request forms or send us e-mail, you are transmitting the information that appears in the form or the body of the message. This will typically include information like your name, mailing address, e-mail address, the kind of request you are making, and any other information necessary to fulfill your request. This is always your option; this information cannot be collected unless you specifically elect to send it to us. This information is used internally only for the purpose of fulfilling the request or for contacting you directly. We will not sell or provide any personal information to affiliated and non-affiliated third parties for solicitation purposes, but may provide certain information as required by law or as needed for account maintenance.
We carefully select and monitor the outside companies we hire to perform services for us, such as mail vendors who send out our statements. Additionally, personal information provided in updating your online account profile may be communicated to your lender or owner of your loan. We require our vendors to keep customer information safe and secure, and do not allow them to use or share the information for any purposes other than they are hired to do.
SHARING AND SALE OF PERSONAL INFORMATION
BSI does not sell your information. Except as set forth in this Policy or as specifically agreed to by you, we will not disclose any information we gather from you on our Site. We may share your personal information with our affiliates, with service providers as necessary to service your loan, or with select third parties who offer goods or services we think may be of interest to you in connection with a joint Marketing Agreement. From time to time, we may partner with other organizations or companies to provide co-sponsored or co-branded promotions, services or events and may share your personal information with our co-sponsor(s) and partners. BSI shares information with third-party firms such as accountants, auditors, investors, attorneys, and other financial institutions in connection with legal or contractual requirements related to the servicing of your loan. We also share information with the credit bureaus and affiliates in accordance with the Fair Credit Reporting Act. BSI may contracts with service providers to perform functions on its behalf, such as, but not limited to, communicating news, delivering correspondence via e-mail and direct mail, processing payments, and providing other services and management functions related to the financial services provided by BSI, and to assist BSI with other marketing and support functions. These service providers and entities are contractually and legally required to protect your information and use it only as directed.
Notwithstanding the foregoing, personal information collected through the Site or Portal will not be shared or sold for marketing purposes. However, BSI may use third-party social media platforms, including third-party social media websites, to communicate with you. We also may share with third parties aggregated demographic and statistical information that is not personally identifiable.
BSI may disclose an individual's personal information:
to a person who in the reasonable judgment of BSI is seeking the information as an agent of the individual;
in situations where sharing or disclosing your information is required in order to offer you products or services you desire;
to a third party or parties, where disclosure is required or permitted by law;
to any other entity that acquires all or a portion of our organization by merger, reorganization, operation of law, or a sale of some or all of BSI's assets.
BSI may be required to use or disclose your information in connection with a legal action or other proceeding, including without limitation, in response to a court order or a subpoena. We also may disclose such information in response to a law enforcement agency's request or at the request of BSI's regulators.
Do Not Sell My Information: BSI does not sell your information and has no plans to do so. If this changes, BSI will include a “Do Not Sell My Information” button on its homepage. BSI only shares information consistent with the description above entitled “SHARING AND SALE OF PERSONAL INFORMATION,” and in a manner consistent with the Gramm Leach Bliley Act. To exercise your rights under the California Consumer Protection Act, such as requesting a summary of your information that has been collected, or request the deletion of your information please use the following web form - here. You may request that BSI delete your personal information, but there may not be an obligation on BSI’s part to do so. This is because your information may be subject to an exemption or exception to the provisions of the CCPA. Most of the information BSI retains as a mortgage loan servicer is necessary in order to appropriately service your loan.
IMPORTANT INFORMATION ABOUT CREDIT REPORTING: We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report.
Security. We maintain physical safeguards, such as secure areas in buildings; electronic safeguards, such as passwords and encryption; and procedural safeguards, such as customer authentication procedures to protect against identity theft.
We aggressively work to protect its operating systems and electronic information by using anti-virus software, anti-spyware software, firewalls, and other defensive measures. Our systems automatically switch to “secure” mode when you are asked to enter personal information on this website (such as your loan number, account number, or social security number). To keep your data safe we use encryption and authentication technology, website design that blocks or limits online display of customer information when not necessary to the transaction, and ID’s and passwords to protect customer information. Before any account information will be displayed on our website, customers are required to log in and authenticate their identity.
Our employees are trained on security procedures and regular audits are performed to verify compliance with them. Also, access to information about you is restricted to authorized employees who must obtain that information for business purposes.
Unsolicited E-Mail. We do not send unsolicited e-mail messages or place pop-up advertisements that request personal borrower or depositor information such as your account number(s) or account password(s), your credit card number(s), or your Social Security number. If you receive an e-mail requesting personal information from someone claiming to be a representative of BSI Financial Services, and you did not originate the message, do not respond. If you see a pop-up advertisement from us that requests personal information, do not click the advertisement. Call us immediately at (800)-327-7861 to report the contact.
California Privacy Rights. If you are a California resident, you have the right to request information from us regarding the manner in which BSI shares certain categories of personal information with third parties for their direct marketing purposes, in addition to the rights set forth above. Under California law, you have the right to send us a request at the designated address listed below to receive the following information:
The categories of information we disclosed to third parties for their direct marketing purposes during the preceding calendar year;
the names and addresses of the third parties that received the information; and
if the nature of the third party's business cannot be determined from their name, examples of the products or services marketed.
This information may be provided in a standardized format that is not specific to you. The designated email address for these requests can be found at: email@example.com
Do Not Sell My Information: To opt out of the sale of your information, request a summary of your information that has been collected, or request the deletion of your information please use the following web form - Here
Program Description. BSI and its service providers may use an automatic telephone dialing system ("autodialer") to deliver text messages to you. BSI text messages are intended to provide you with information about upcoming due dates and account status.
Message Frequency. The number of Company text messages that you receive will vary depending on the status of your account. You will receive a maximum of ten messages per month.
Cost. Message and data rates may apply to each text message sent or received in connection with BSI text messages, as provided in your mobile telephone service rate plan (please contact your mobile telephone carrier for pricing plans), in addition to any applicable roaming charges. Company does not impose a separate fee for sending Company text messages.
Supported Carriers. Supported carriers may change from time to time, but currently include AT&T, T-Mobile, Verizon Wireless, Sprint, Nextel, Boost, Alltel, US Cellular, and Cellular One, among others.
How to Opt-In. To opt-in to receive text messages from BSI, please submit your mobile phone number when prompted within myloanweb and select “yes” to enroll or alternatively you can enroll by contacting BSI’s Business Purpose Loan Team at 888-485-7271.
How to Opt-Out. To stop receiving text messages from BSI’s text messaging program, text STOP in response to the last message received from the five digit short code for the text messaging program (i.e., the five digit number from which text messages are being sent). You will then receive confirmation of your opt-out of that text messaging program.
Your Mobile Telephone Number. You represent that you are the account holder for the mobile telephone number(s) that you provide. You are responsible for notifying BSI immediately if you change your mobile telephone number. You may notify BSI of a number change by updating your information within myloanweb or calling our customer care team to update your contact information. You agree to indemnify Company in full for all claims, expenses, and damages related to or caused in whole or in part by your failure to notify BSI if you change your telephone number, including, but not limited to, all claims, expenses, and damages related to or arising under the Telephone Consumer Protection Act.
Access or Delivery to Mobile Network is Not Guaranteed. Delivery of information and content to a mobile device may fail due to a variety of circumstances or conditions. You understand and acknowledge that network services, including but not limited to mobile network services, are outside of BSI’s control, and BSI is not responsible or liable for issues arising from them.
Support/Help. To request more information, text HELP to the five digit short code for the text messaging program (i.e., the five digit number from which its text messages are being sent). You may also receive help by contacting BSI’s Business Purpose Loan Team at 888-485-7271.
Eligibility. To receive Company text messages, you must be a resident of the United States and 18 years of age or older. Company reserves the right to require you to prove that you are at least 18 years of age.
Changes to Terms and Conditions. BSI may revise, modify, or amend these SMS Terms and Conditions at any time. Any such revision, modification, or amendment shall take effect when it is posted to BSI’s website. You agree to review these SMS Terms and Conditions periodically to ensure that you are aware of any changes. Your continued consent to receive BSI text messages will indicate your acceptance of those changes.
Termination of Text Messaging. BSI may suspend or terminate your receipt of BSI text messages if BSI believes you are in breach of these SMS Terms and Conditions. Your receipt of BSI text messages is also subject to termination in the event that your mobile telephone service terminates or lapses. BSI reserves the right to modify or discontinue, temporarily or permanently, all or any part of BSI text messages, with or without notice.
Changes. We may change this privacy statement at any time. Any changes or updates will be effective immediately upon posting to this site. The effective date of this privacy statement, as stated below, indicates the last time this statement was materially changed. Checking the effective date below allows you to determine whether there have been such changes since the last time you reviewed the statement.
Questions. For further direction regarding inquiries concerning this privacy statement, you may contact us by e-mail or telephone as described on the site.