Privacy Policy

This Privacy Policy explains how Qoosh Technology, Inc., (“Qoosh,” “we” “us” or “our”) collects, uses and stores information from users of its products, including but not limited to “Quilo,” a multi-tenant software-as-a-service platform that facilitates syndicated loan funding, loan origination and loan servicing of instant loans for community banks and credit unions, to provide its services (collectively “Qoosh Services”) as described in the Terms of Use.If we ever need additional information, or need to use collected information differently than described in this Privacy Policy, we will notify you and request permission.

Our Mission

Quilo does not share any information collected from you unless explicitly described in this section.For security purposes, all information collected from you is encrypted while in transmission and at rest while stored.To enable Qoosh Services to you, we collect, store and use your personal information as follows:

Data Attribute

Retained

Description of Use

Borrower Personal Information

Borrower Name

Borrower Address

Borrower Date of Birth

Borrower Last 4 Social Yes Security Number

Yes

Yes

No

Yes

This information is required to obtain Borrower’s Credit Report from Equifax.While Quilo collects Date of Birth and last 4 of SSN, it is being transmitted directly to Equifax to obtain the report and is not retained in the Quilo platform

Borrower Mobile Number

Yes

Mobile number is used for security and app use authentication purposes.

Borrower Debit Card Information

Yes

Debit Card of the borrower is used for Information collection of monthly loan installment payments. CVV information is not retained in Quilo, but retained by the Quilo Payment Processor partner.

Borrower Vantage Credit Score

Borrower Recent Delinquency Incidents

Borrower Credit Account Balances

Borrower Income

Yes

Yes

Yes

Yes

Quilo receives a credit score from Equifax Score as a soft credit check. This information is Borrower Recent Delinquency Incidents Borrower Credit Account Balances Borrower Income collected for loan decisioning at origination as well as throughout the loan term for calculation of VAR.

CFI Information

CFI Legal Entity Name

CFI Headquarters Address

CFI Contact Number

CFI FDIC/NCUA Number

Yes

Yes

Yes

Yes

CFI legal entity information is required for contractual and reporting purposes.

CFI Line of Credit Account Information

CFI Loan Receivable

Account Information

CFI Nostro Funding Account Information

CFI Nostro Receivable Account Information

Yes

Yes

-

Yes

Yes

CFI operational account details are required for daily fund movement.

CFI Authorized Users Information

CFI’s Authorized User - Name

CFI’s Authorized User - Mobile Number

CFI’s Line of Credit Account Details

Yes

Yes

Yes

CFI legal entity information is required for contractual and reporting purposes.

CFI’s User Activities in Quilo Workspace

Yes

This information is collected and stored for audit purposes.

Information Protection

We store and process data using third-party services located in data centers in the United States. While we make every effort to protect data using technical and administrative processes including data encryption in transit and at rest, data access controls and other best practices, we cannot guarantee complete protection of your personal data in case of a security breach.If we learn of a security breach, we will take every effort to notify you about it.

Personal Information Removal

Device Identifier, phone number, your name, date of birth, any payment card information, and association with other users constitutes your Personal Information.You can request to remove any references to your Personal Information from Qoosh Services by contacting us via privacy@qoosh.app. We will endeavor to promptly complete such requests.

Contact Information

If you have any questions about our privacy policies and practice, please contact us at contact@quilosolutions.com.