Privacy policy
Preview status: This page is a production-ready structural draft and must be reviewed by SourcePoint's legal and compliance counsel before the live domain is switched.
Information collected
SourcePoint may collect information an applicant submits, device and usage information, communications, and information received from service providers or financing partners. A production policy should identify the specific categories, sources, purposes, retention periods, and jurisdiction-specific rights applicable to the final technology stack.
How information may be used
Information may be used to provide the requested marketplace service, facilitate provider review, communicate about an inquiry, prevent fraud, maintain security, improve the service, meet legal obligations, and enforce agreements.
Sharing
Information may be shared with financing providers at the applicant's direction or as described during intake, as well as with vendors that support hosting, analytics, communications, security, verification, and operations. The final policy must reflect the actual provider list and data flows.
Credit and financial information
Any authorization to obtain credit information or connect financial accounts should be presented separately and clearly. A soft inquiry may not affect a score, while a later hard inquiry may. Applicants should review each authorization.
Security and retention
SourcePoint should maintain reasonable administrative, technical, and physical safeguards. No system is completely secure. The production policy should explain retention practices and secure methods for document submission.
Your choices and rights
Depending on location, individuals may have rights to request access, correction, deletion, or information about certain processing. The final policy must include the verified request channel, identity-verification process, and required state disclosures.
Contact and effective date
Verified legal entity information, contact methods, policy effective date, and revision date must be inserted after counsel review. Do not treat this preview copy as final legal advice.