CIT Group Inc. and its affiliates, including CIT Bank, N.A. and Direct Capital, a division of CIT Bank, N.A. (collectively “CIT,” “we,” “us,” or “our”) respect your privacy and are committed to treating and using personal information (as defined below) about you responsibly.
Throughout this Policy, we refer to personal information that can directly and without additional information identify you or your accounts as “personal information.” “Personal information” includes information such as your name, address, email address, or phone number, and other information that is not otherwise publicly available (such as your date of birth, Social Security number, and financial information). Please read this Policy carefully. When you visit this site, you consent to the terms of this Policy and the information described herein.
USA PATRIOT Act Section 326 compliance: When you open an account with us, we will ask for your name, address, and other identifying documents such as your driver’s license, that will allow us to identify you. We do this to help the government fight the funding of terrorism and money laundering activities. U.S. federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
Personal information we collect
This site may be accessed without creating an account. While you are encouraged to create an account, you are not required to do so and may submit a credit application as a guest without creating an account. We collect personal information from you in order to verify your identity and identify you as a business owner or gaurantor of our potential customer or customer, estabish and manage customer accounts (including collection activity), complete customer transactions, and understand our customers and their needs. We also collect this information to improve how we market products and services, learn about our markets and design, and improve our products and services. Furthermore, the collection of this information helps us to comply with legal and regulatory requirements, and protect the rights, property or safety of CIT, its employees, customers, visitors to Services ,and others.
We may also collect information from you if you:
- apply for employment through the Services (which may include your name, address, references, and employment history);
- use the Services to check the status of your accounts (such as your name, account number, and login password); and
- send us an email to inquire about your account or to request information (such as your name, email address, and any other personal information you supply in your message).
How we use the personal information we collect
We may use the personal information that you provide as follows:
- if you apply for a job, to consider you for the position and to contact references (please note that your references may be contacted without prior notice to you); or
- if you apply for credit, to verify information you submit to us, to access your credit worthiness, including retrieving credit reports, and to approve or reject your application; or
- to respond to inquiries you may have about yoyur account and other related matters, including collection activities; or
- to develop new and improved products and services, including offerings tailored to your business or other similarly situated businesses, and informing you of such products and services that we believe may be of interest to you; or
- to improve and maintain the Site; or
- if you send us an email for information, to reply to your request; or
- for any other legally permissible purposes.
How we protect the confidentiality and security of your personal information
CIT uses reasonable measures to protect personal information from unauthorized access, deletion, or alteration. In addition, we have physical, electronic, and procedural safeguards to protect your personal information. As part of our security practices, CIT does not send requests for personal information to our customers. Any personal information you request CIT to send you via email, such as your account balance, is encrypted. However, standard email communications are not. Therefore, you should not transmit your personal information to us through email. Please note that no company can guarantee perfect online security, and please remain careful and vigilant in your online activities.
CIT operates general audience online Services that are accessible to the public. These Services are not intended for visitors under 18 years of age. We do not knowingly market our products or services to children, nor do we knowingly collect personal information from children.
Information we automatically collect (not personal information)
When you visit or browse our Services, we and our advertising, marketing, or service partners may collect information such as your Internet Protocol or “IP” address and the “URL” of the Web pages you visit, and may use “cookies,” Web beacons, or other objects to collect statistical and other information about your use of our Services. The purpose of collecting this information is to improve the effectiveness of our Services and to conduct targeted advertising or marketing. The collected information may include, for example, information about your computer, its unique identifiers, and its configuration, the Web pages you visited or mobile applications used; the date and time of your visit; the websites you visited immediately before and after visiting our website; your language preference; demographic and/or location-based information; and the popularity of various advertising words and phrases used by us. The collection of this information allows for the compilation of aggregate and anonymous information about the usage of our Services, and can help us improve your use of our Services, by, for example, providing quick login, streamlining site navigation, and maintaining up-to-date content for all users. Should you configure your browser to reject cookies, you may disable some of our Service’s features.
We currently do not employ technology that recognizes “do-not-track” signals from your browser. As stated above, we engage third parties, such as advertising, marketing, service, or analytics partners, who may collect information about your online activities over time and across different websites when you use our Sites.
Changes to this Policy, and contact information
CIT may update this Policy from time to time. CIT may notify you of an update to this Policy by any reasonable means, including by email, online account notification, mobile application pop-up, or regular mail. You agree that if you choose to continue to use the Services after CIT sends you such an email, online account notification, mobile application pop-up, or regular mail (allowing one week from the sent date for delivery of regular mail), you are bound to the most recent version of the Policy. You should periodically check the effective date at the top of this Policy to be sure that you are aware of the most recent version of this Policy and the important information described in it.