Information Collection and Use
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||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 Date of Birth||No|
|Borrower Last 4 Social Yes Security Number||Yes|
|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||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.|
|Borrower Recent Delinquency Incidents||Yes|
|Borrower Credit Account Balances||Yes|
|CFI Legal Entity Name||Yes||CFI legal entity information is required for contractual and reporting purposes.|
|CFI Headquarters Address||Yes|
|CFI Contact Number||Yes|
|CFI FDIC/NCUA Number||Yes|
|CFI Line of Credit Account Information||Yes||CFI operational account details are required for daily fund movement.|
|CFI Loan Receivable||Yes|
|CFI Nostro Funding Account Information||Yes|
|CFI Nostro Receivable Account Information||Yes|
|CFI Authorized Users Information|
|CFI’s Authorized User - Name||Yes||This information is collected at CFI on - boarding and is used for authorized user two-factor authentication, protected data encryption key management and audit purposes.|
|CFI’s Authorized User - Mobile Number||Yes|
|CFI’s Line of Credit Account Details||Yes|
|CFI’s User Activities in Quilo Workspace||Yes||This information is collected and stored for audit purposes.|
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 email@example.com. We will endeavor to promptly complete such requests.
If you have any questions about our privacy policies and practice, please contact us at firstname.lastname@example.org.