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By clicking the 'Submit',
‘Get My Loan’ or other button at the bottom of
the form which begins the processing of your application,
you certify that all of the statements in the application
are true and complete and are made for the purpose of obtaining
credit. You authorize badcreditcarloans.biz
to share your application and related information with its
lending partners in order to complete the processing of your
application. You authorize badcreditcarloans.biz
and its lending partners to retain and rely on your application
and to access your credit report in order to evaluate your
credit application. In addition, you acknowledge that you
have read the state-specific
notices related to your application and agree
to receive Electronic
Documents By clicking the 'Submit', ‘Get
My Loan’ or other button at the bottom of the application
form which starts the process, you further authorize badcreditcarloans.biz
third-party lending institutions to share information in your
application, and any other credit information they obtain,
with other third parties who may be able to offer or arrange
for a direct loan and/or auto dealer financing.
Consent
for Electronic Documents
CONSENT FOR ELECTRONIC DOCUMENTS UNDER THE ELECTRONIC
SIGNATURES IN GLOBAL AND NATIONAL COMMERCE ACT
Please read this information carefully and print a copy
and/or retain this information electronically for future reference.
Introduction. You are submitting an electronic
credit application for auto financing ("Application")
to badcreditcarloans.biz or one of our auto
finance partners or affiliate websites. By consenting to receive
information electronically at our web site(s) or via email,
you will receive certain information and disclosures electronically
(“Documents”), including the following: Credit
Application, State Law Disclosures, Privacy Policy, and notices
of our credit decisions. This Consent for Electronic Documents
informs you of your rights when receiving these Documents
electronically. By consenting below, you acknowledge receipt
of this Consent for Electronic Documents, and agree to the
electronic delivery of Documents via the internet to the e-mail
address designated on your Application.
Hardware and Software Requirements. Before
you decide to receive your Documents electronically, you must
determine if you have the necessary hardware and software
described below to access and retain these Documents electronically.
To access your Documents, you will need an electronic mailing
address, Adobe
Acrobat Reader, and a personal computer or other access
device which is capable of accessing the internet. To retain
your Documents, your access device must have the ability to
either download to your hard drive or any external media storage,
or print web pages as well as embedded HTML files.
Withdrawing Consent. With the exception
of email communications and notices of our credit decisions,
you may withdraw your consent to receive your Documents electronically
at any time by contacting us by email at email
at badcreditcarloans.biz. In these circumstances, we will
continue the financing process in non-electronic form at no
charge. If you decide to withdraw your consent, the legal
validity and enforceability of prior electronic Documents
will not be affected, and except as provided in this paragraph,
you will not have the option to later receive your Documents
electronically.
Copies. If you wish to obtain a paper copy
of any of the Documents, contact us by email at privacy
at badcreditcarloans.biz and request a copy at no charge.
Updating Your Contact Information. To update
your electronic or mailing address, contact us by email at
info at badcreditcarloans.biz.
CONSENT AND ACKNOWLEDGMENT.
BY CHECKING THE CONSENT BOX, YOU CERTIFY THAT:
- YOU CAN RECEIVE DOCUMENTS ELECTRONICALLY, AND ACCESS
AND RETAIN ANY DOCUMENTS RECEIVED;
-
YOU HAVE (OR HAVE ACCESS TO) A DESKTOP
OR LAPTOP PERSONAL COMPUTER WITH A WEB BROWSER THAT SUPPORTS,
AT A MINIMUM, 128 BIT ENCRYPTION;
-
YOU HAVE THE ABILITY TO RECEIVE AND READ
EMAIL;
-
YOU AGREE TO RECEIVE DOCUMENTS ELECTRONICALLY
AND CONFIRM THAT YOU WILL DOWNLOAD OR PRINT DOCUMENTS
FOR YOUR RECORDS;
-
YOU ACKNOWLEDGE THAT YOU CAN ACCESS INFORMATION
THAT IS PROVIDED ELECTRONICALLY AT THIS WEB SITE AND THE
WEB SITE(S) AT WHICH YOU SUBMIT THIS APPLICATION;
-
YOU ACKNOWLEDGE THAT SUCH ACTION CONSTITUTES
YOUR SIGNATURE TO THE CREDIT APPLICATION;
-
YOU ACKNOWLEDGE THAT YOU ARE PROVIDING
YOUR CONSENT TO RECEIVE ELECTRONIC COMMUNICATIONS PURSUANT
TO THE ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL COMMERCE
ACT AND INTEND THIS STATUTE TO APPLY TO YOUR TRANSACTIONS
WITH US TO THE FULLEST EXTENT POSSIBLE.
PLEASE PRINT AND RETAIN A COPY OF THIS AGREEMENT
FOR YOUR RECORDS.
Privacy
Policy
Pursuant to Gramm Leach Bliley Act & 16 C.F.R.
Title 313
badcreditcarloans.biz its websites and affiliates
take the position that privacy is a very serious matter
and an essential part of our relationship with customers.
We take your personal privacy seriously. We aim to safeguard
your privacy, while offering you the opportunity to apply
for credit to obtain an automobile loan through our network
of participating auto dealers nationwide and affiliate partners.
In connection with your application for credit, badcreditcarloans.biz
may acquire information about you, which is handled as stated
in this notice.
We collect nonpublic personal information about you from
the following sources:
-
Information we receive from you on the
actual credit application, such as Name, Address, Social
Security number, Monthly Income, date of birth, etc.
Social Security Numbers are required
on the application form. When you enter your social
security number on our form we encrypt is using secure
socket layer technology (SSL).
-
We request your authorization to receive
information from a consumer reporting agency (credit bureau).
That authorization is transmitted to a participating automobile
dealer or affiliate partner in our network, who will actually
request and receive your credit report.
-
Uses of Information – We use the
information provided by you on the application form to
assist in finding financing of a motor vehicle within
our national new and used car dealer network or one of
our affiliate partners. We also use this information to
present other offers of interest that you have not specifically
opted out of.
-
Correspondence - The information you
provide when communicating in writing, by phone or online
with our customer service representatives. We do share
information about our customers, their accounts or transactions
to others for their use as described in this Privacy Policy.
-
Personally identifiable information –
We share personally identifiable information with partners
as it relates to offers and promotions where you have
opted in.
When we do share information it is limited to the information
necessary for the particular circumstance and only under
strict controls to prevent misuse.
We maintain strict physical, electronic and procedural
safeguards that comply with all state and federal regulations
to guard your nonpublic personal information.
We use this information to evaluate your application, and
to locate a participating auto dealer or affiliate partner
who can continue the process of assisting you in obtaining
an auto loan or purchasing an automobile. With your consent,
we may inform you of offers for other services offered by
third parties.
We do not disclose or sell your information to non-affiliated
third parties, except with your prior consent.
Choice/Opt-Out
We provide you the opportunity to ‘opt-out’
of having your personally identifiable information used
for certain purposes, when we ask for this information.
For example, if you complete our loan application but do
not wish to receive any additional marketing material from
us or our partners, you can indicate your preference to
opt-in or opt-out on our application form. You may opt-out
of any special promotions or offers at anytime by sending
an email requesting to opt-out to admin
at badcreditcarloans.biz.
Cookies
"Cookies" are small computer files which are automatically
placed on your computer's hard drive when you are connected
to a website. At the present time, we do not use cookies
to gather information about our customers.
Log Files
As is true of most Web sites, we gather certain information
automatically and store it in log files. This information
includes internet protocol (IP) addresses, browser type,
internet service provider (ISP), referring/exit pages, operating
system, date/time stamp, and clickstream data. We link this
automatically collected data to personally identifiable
data. IP addresses are linked to personally identifiable
information for security purposes.
Sharing Information
badcreditcarloans.biz may disclose information
about you to the following types of third parties: badcreditcarloans.biz
affiliates- auto dealerships or other lenders in your region
who may be able to assist you in the auto loan application
process.
This Privacy Policy applies to consumers that have signed
up on the badcreditcarloans.biz affiliated
websites. We may use the personal information that you supply
to us and work with other third party businesses to bring
selected retail opportunities to our members via direct
mail, email and telemarketing. These businesses may include
providers of direct marketing services and applications,
including lookup and reference, data enhancement, suppression
and validation and email marketing.
badcreditcarloans.biz does not knowingly
offer its credit application to minors.
Links to Other Sites
This Web site contains links to other sites that are not
owned or controlled by badcreditcarloans.biz.
Please be aware that we, badcreditcarloans.biz,
are not responsible for the privacy practices of such other
sites.
We encourage you to be aware when you leave our site and
to read the privacy statements of each and every Web site
that collects personally identifiable information.
Security
The security of your personal information is important
to us. When you enter sensitive information (such as credit
card number and/or social security number) on our registration
or order forms, we encrypt that information using secure
socket layer technology (SSL). To learn more about SSL,
follow this link http://www.webopedia.com/TERM/S/SSL.html
.
We follow generally accepted industry standards to protect
the personal information submitted to us, both during transmission
and once we receive it. No method of transmission over the
Internet, or method of electronic storage, is 100% secure,
however. Therefore, while we strive to use commercially
acceptable means to protect your personal information, we
cannot guarantee its absolute security.
If you have any questions about security on our Web site,
you can send email us at admin
at badcreditcarloans.biz.
This privacy statement applies only to information collected
by this Web site.
State Specific Notices
Indiana California New
York Ohio Rhode
Island Vermont Wisconsin Maine Delaware
Indiana Applicants, badcreditcarloans.biz
and its dealer affiliates have express permission to contact
you by telephone, provided you have given your telephone
number in the application.
California Applicants:
If married, you may apply for a separate account.
New York Applicants:
In connection with your application for credit, the dealer
to whom this application is delivered may request a consumer
report which contains information on your credit worthiness,
credit standing, personal characteristics and general reputation.
If the dealer grants you credit, it (or its assignee) may
order additional consumer reports in connection with any
update, renewal or extension of the credit. If you ask the
dealer, it will tell you whether it obtained a consumer
report and, if it did, it will tell you the name and address
of the consumer reporting agency that gave it the report.
Ohio Applicants:
The Ohio laws against discrimination require that all creditors
make credit equally available to all credit worthy customers,
and that credit reporting agencies maintain separate credit
histories on each individual upon request. The Ohio civil
rights commission administers compliance with this law.
Rhode Island Applicants:
A consumer report may be requested in connection with this
application.
Vermont Applicants:
By submitting my (our) application, I (we) authorize the
dealer I chose on my (our) application and its employees,
agents and potential assignees to obtain and verify information
about me (us) (including one or more credit reports, information
about my (our) employment and banking and credit relationships)
that any of them may deem necessary or appropriate in evaluating
my (our) application. If my (our) application is approved
and credit is granted, I (we) also authorize such parties
to obtain additional credit reports and other information
about me (us) in connection with reviewing the account,
increasing the available credit on the account (if applicable),
taking collection on the account, or for any other legitimate
purpose.
Wisconsin Applicants:
No provision of a marital property agreement, a unilateral
statement under Wis. Rev. Stat. § 766.59 or a court
decree under Wis. Rev. Stat. § 766.70 adversely affects
the interest of the creditor unless the creditor, prior
to the time the credit is granted, is furnished a copy of
the agreement, statement or decree or has actual knowledge
of the adverse provision when the obligation to the creditor
is incurred
For Maine Applicants
You have the right of free choice in the selection of the
agent and insurer through or by which insurance in connection
with a loan is to be placed. Obtaining insurance products
from a particular agent or broker does not affect credit
decisions by the lender.
For Delaware Applicants
1. Notification - Every licensee shall furnish to every
applicant, a copy of this regulation at the time when such
application is made. Posting of this regulation in the office
of the licensee in a place both prominent and easily visible
to all potential applicants shall satisfy this requirement.
An explanation as to the contents and limitations contained
herein shall satisfy this requirement when transactions
occur telephonically. An informational screen containing
these limitations with an affirmative acknowledgement by
the consumer, prior to application, shall satisfy this requirement
for internet transactions.
2. Interest
a. A lender may charge and collect interest
in respect to a revolving credit plan or closed-end loan
at such a daily, weekly monthly, annual, or other periodic
percentage rate or rates as the agreement governing the
plan or loan provides, or as established in the manner provided
in such agreement. Periodic interest may be calculated on
a revolving credit plan using any balance computation method
provided for in the agreement governing the plan. Periodic
interest may be calculated on a closed-end loan by way of
simple interest or such other method as the agreement governing
the loan provides.
b. If the agreement governing the revolving
credit plan or closed-end loan so provides, the periodic
percentage rate or rates of interest may vary in accordance
with a schedule or formula. Such periodic percentage rate
or rates may vary from time to time as the rate determined
in accordance with such schedule or formula varies and such
periodic percentage rate or rates, as so varied, may be
made applicable to all or any part of the outstanding unpaid
indebtedness or outstanding unpaid amounts. In the case
of revolving credit, such rate shall become applicable on
or after the first day of the billing cycle that contains
the effective date of such variation. In the case of closed-end
loan transactions, such rate may be made applicable to all
or any part of the outstanding unpaid amounts on and after
the effective date of such variation. Without limitation,
a permissible schedule or formula hereunder may include
provisions in the agreement governing the revolving credit
plan or closed-end loan agreement for a change in the periodic
percentage rate or rates of interest applicable to all or
any part of outstanding unpaid indebtedness or outstanding
unpaid amounts, whether by variation of the then applicable
periodic percentage rate or rates of interest, variation
of an index or margin or otherwise, contingent upon the
happening of any event or circumstance specified in the
plan or agreement, which event or circumstance may include
the failure of the borrower to perform in accordance with
the terms of the revolving credit plan or loan agreement.
3. Additional Fees and Charges; Limitations - If the agreement
governing the plan or loan so provides, in addition to,
or in lieu of, interest at a periodic percentage rate or
rates permitted by Chapter 22, Title 5 of the Delaware Code,
the licensee may charge and collect the following fees and
charges, subject to the limitations provided below, in respect
to revolving credit plans or closed-end loans:
a. Revolving Credit - with respect to
a borrower, a lender may charge, collect, or receive one
or more of the following fees and charges under plans
subject to the provisions of Subchapter II, Chapter 22,
Title 5 of the Delaware Code:
i. periodic charges
- a daily, weekly, monthly, annual or other periodic charge,
in such amount or amounts as the agreement may provide
for the privileges made available to the borrower under
the plan;
ii. transaction charges - a transaction
charge or charges in such amount or amounts as the agreement
may provide for each separate purchase or loan under the
plan;
iii. (iii) minimum charges - a minimum
charge, in such amount or amounts as the agreement may
provide for each daily, weekly, monthly, annual or other
scheduled billing period under the plan during any portion
of which there is an outstanding unpaid indebtedness under
the plan;
iv. (iv) fees for services rendered or
reimbursement of expenses - reasonable fees for services
rendered or for reimbursement of expenses incurred in
good faith by the licensee or its agent in connection
with such loan, including without limitation, commitment
fees, official fees and taxes, premiums or other charges
for any guarantee or insurance protecting the licensee
against the borrower's default or other credit loss, or
costs incurred by reason of examination of title, inspection,
recording and other formal acts necessary or appropriate
to the security of the loan, filing fees, attorney's fees,
and travel expenses. In the event a borrower defaults
under the terms of a plan, the licensee may, if the borrower's
account is referred to an attorney (not a regularly salaried
employee of the licensee) or to a third party for collection
and if the agreement governing the revolving credit plan
so provides, charge and collect from the borrower a reasonable
attorney's fee. In addition, following a borrower's default,
the licensee may, if the agreement governing the plan
so provides, recover from the borrower all court, alternative
dispute resolution or other collection costs (including,
without limitation, fees and charges of collection agencies)
actually incurred by the licensee;
v. (v) over limit charges - a charge
in such amount or amounts as the agreement may provide,
for each daily, weekly, monthly, annual or other scheduled
billing period under the plan during any portion of which
total outstanding indebtedness exceeds the credit limit
established under the plan;
vi. (vi) delinquency charges - a late
or delinquency charge upon any outstanding unpaid installment
payments or portions thereof under the plan which are
in default; provided, however, that no more than 1 such
late or delinquency charge may be imposed in respect of
any single such installment payment or portion thereof
regardless of the period during which it remains in default;
and provided further, however, that for the purpose only
of the preceding provision all payments by the borrower
shall be deemed to be applied to satisfaction of installment
payments in the order in which they become due.
vii. (vii) returned check charges - a
returned check charge may be assessed to consumers, in
such amount or amounts as the agreement may provide, provided
the amount(s) of such charges are customary and reasonable
for checks that are returned unpaid.
viii. (viii) termination fees - a charge
in such amount or amounts as the agreement may provide
to terminate revolving credit plan.
ix. (ix) charges incurred in connection
with real estate secured transactions - in the case of
revolving credit secured by real estate such additional
charges as outlined in item (3)(c) of this regulation
may also be collected within the limitations stated therein.
b. Closed-end Credit - with respect
to a borrower, a lender may charge, collect, or receive
one or more of the following fees for loans subject to
the provisions of Subchapter III, Chapter 22, Title 5
of the Delaware Code:
i. fees for services
rendered or reimbursement of expenses - reasonable fees
for services rendered or for reimbursement of expenses
incurred in good faith by the licensee or its agent in
connection with such loan, including without limitation,
commitment fees, official fees and taxes, premiums or
other charges for any guarantee or insurance protecting
the licensee against the borrowers default or other credit
loss, or costs incurred by reason of examination of title,
inspection, recording and other formal acts necessary
or appropriate to the security of the loan, filing fees,
attorney's fees, and travel expenses. In the event a borrower
defaults under the terms of the loan, the licensee may,
if the borrower's account is referred to an attorney (not
a regularly salaried employee of the licensee) or to a
third party for collection and if the agreement governing,
or the bond, note or other evidence of, the loan so provides,
charge and collect from the borrower a reasonable attorney's
fees. In addition, following a borrower's default, the
licensee may, if the agreement governing, or the bond,
note or other evidence of, the loan so provides, recover
from the borrower all court, alternative dispute resolution
or other collection costs (including, without limitation,
fees and charges of collection agencies) actually incurred
by the licensee;
ii. deferral charges - a deferral charge
may be assessed to a borrower in accordance with an agreement
to permit the borrower to defer installment payments of
a loan;
iii. delinquency charges - if the agreement
governing the loan so provides, a late or delinquency
charge may be imposed upon any outstanding unpaid installment
payment or portions thereof under the loan agreement which
are in default; provided, however, that no more than 1
such delinquency charge may be imposed in respect of any
single such installment payment or portion thereof regardless
of the period during which it remains in default; and
provided further that no such delinquency charge may exceed
5% of the amount of any such installment or portion thereof
in default;
iv. returned check charge - if the agreement
governing the loan so provides, a returned check charge
may be assessed to consumers for checks that are returned
unpaid provided the amount(s) of such charges are customary
and reasonable.
v. charges incurred in connection with
real estate secured transactions - in the case of closed
end credit secured by real estate such additional charges
as outlined in item (3)(c) of this regulation may also
be collected within the limitations stated therein.
c. Real Estate Secured Transactions
- with respect to a borrower, a lender may charge, collect,
or receive one or more of the following fees and charges
subject to the limitations herein, for loans subject to
the provisions of Subchapters II (Revolving Credit) and
III (Closed-End Credit), Chapter 22, Title 5 of the Delaware
Code when such loans are secured by real estate:
i. loan origination
points - points charged to the borrower on the lender's
behalf for any purpose other than to reduce the periodic
interest rate applicable to the mortgage loan may not
exceed 10% of the principal amount of the loan. Such points
may be deducted from the gross proceeds of the loan. For
purposes of this regulation "gross proceeds"
is the amount financed as defined in Federal Reserve Regulation
Z;
ii. loan discount points - points charged
to the borrower as a function of rate for the purpose
of reducing the periodic interest rate applicable to the
mortgage loan. Such points may be deducted from the gross
proceeds of the loan;
iii. property appraisal fees - property
appraisal fees shall be limited to the amount paid to
a third party for such appraisal and shall be limited
to those amounts that are customary and reasonable;
iv. credit report fees - credit report
fees shall be limited to the actual cost of the report
if paid to a third party, not an employee of the lender
or affiliate. Such amounts shall be customary and reasonable;
v. mortgage loan broker compensation
fees - mortgage loan broker compensation may be deducted
from the gross proceeds of the loan. Such amounts shall
reasonably reflect the value of the goods, services and
facilities provided;
vi. tax certification and service fees
- fees for agreements to provide certification of the
current tax status of the property as well as fees for
ongoing monitoring and notice to the lender of all tax
and improvement lien payments as they become due shall
be limited to those amounts actually expended for such
purposes. Such amounts shall be customary and reasonable;
vii. flood hazard certification or determination
fees - determination fees may be charged for determining
whether the property is or will be located in a special
flood hazard area. This fee may also include the cost
of life-of-loan monitoring. Such amounts shall be customary
and reasonable;
viii. title abstract/search/examination
and title insurance premiums - title insurance and/or
cost of a title certificate search, examination and binder
shall be limited to those amounts actually expended for
such purposes. Such amounts shall be customary and reasonable
and may, at the borrower's discretion, include owner's
coverage in addition to lender's coverage;
ix. legal fees - legal fees incurred
in securing or closing a loan shall be limited to amounts
actually paid to an attorney not in the employ of the
lender, its parent, or affiliate, and such charges shall
not exceed those which are customary and reasonable;
x. recording/satisfaction fees - recording/satisfaction
fees shall be limited to those actually expended by the
lender to any governmental authority for protection of
interest in collateral tendered. The State Bank Commissioner
may approve the payment of alternative fees for this purpose
provided the amount of said fee (payable by the borrower)
shall not exceed the amount which would be payable to
any governmental authority for protection of interest
in collateral tendered;
xi. property survey fees - property survey
fees to obtain a drawing that delineates the exact boundaries
of a property, including lot lines and placement of improvements
on the property, shall be limited to those amounts actually
expended for such purposes. Such amounts shall be customary
and reasonable;
xii. pest inspection fees - pest inspection
fees to cover inspections for terminates or other pest
infestation on the property shall be limited to those
amounts actually expended for such purposes. Such amounts
shall be customary and reasonable;
xiii. fees incidental to loan closing
- other fees and charges including but not limited to:
odd days interest, hazard and mortgage insurance premiums,
escrow reserves, lender's inspection fees, mortgage insurance
application fees, assumption fees, underwriting fees,
document preparation fees, settlement or closing fees,
notary fees, funding fees, fees for lead based paint or
other inspections and overnight mail fees may be charged
and such amounts shall be customary and reasonable;
xiv. prepayment penalties - a charge
in such amount or amounts as the agreement so provides
imposed in connection with the payoff and termination
of a revolving credit plan or closed end loan secured
by real estate;
xv. notwithstanding the provisions of
this item (3)(c) of this regulation, Licensed Lenders
who are making mortgage loans pursuant to the rules, regulations,
guidelines and/or loan forms established by the State
of Delaware or federal governmental or quasi-governmental
entity (including, without limitation, the Federal Housing
Administration, the Government National Mortgage Association,
the Federal National Mortgage Association and the Federal
Home Loan Mortgage Corporation) shall be permitted to
charge and collect any fees, charges or sums prescribed
to be charged and collected in connection with a mortgage
loan originated pursuant to a lending program conducted
or supervised by any such entity.
badcreditcarloans.biz is committed to protecting
the privacy of consumers. If you have any questions, comments
or concerns regarding our Privacy Policy and its implementation,
please do not hesitate to e-mail us at admin
at badcreditcarloans.biz.
Changes in this Privacy Statement
If we decide to change our privacy policy, we will post
those changes to this privacy statement or other places
we deem appropriate so that you are aware of what information
we collect, how we use it, and under what circumstances,
if any, we disclose it.
We reserve the right to modify this privacy statement at
any time, so please review it frequently. If we make material
changes to this policy, we will notify you here, by email,
or by means of a notice on our home page.
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