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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 auto-loans-network.com
to share your application and related
information with its lending partners
in order to complete the processing
of your application. You authorize auto-loans-network.com
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 auto-loans-network.com
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 auto-loans-network.com
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 auto-loans-network.com. 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 auto-loans-network.com 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 auto-loans-network.com.
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
auto-loans-network.com
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, auto-loans-network.com
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 auto-loans-network.com.
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
auto-loans-network.com
may disclose information about you
to the following types of third parties:
auto-loans-network.com
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 auto-loans-network.com
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.
auto-loans-network.com
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 auto-loans-network.com.
Please be aware that we, auto-loans-network.com,
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 auto-loans-network.com.
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,
auto-loans-network.com
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.
auto-loans-network.com
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 auto-loans-network.com.
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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