Privacy Policy
Effective date: December 13th, 2023.
At RentFund, we are committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy outlines how we collect, use, disclose, and safeguard your data when you use our mobile application and related services.
1. Information We Collect:
a. User Provided Information:
- During the identity verification process, users may provide a government-issued photo ID and a selfie.
- Users may link their bank account to verify rent payments or provide alternative documentation such as a lease agreement, rental property details, payment history, and bank statements.
b. Automatically Collected Information:
- We may collect information about your device and usage of the RentFund mobile application for analytical purposes.
2. Use of Information:
a. Identity Verification:
- The information provided during identity verification is used to ensure the legitimacy of users and prevent fraudulent activities.
b. Rent Payment Verification:
- Information related to rent payments is used to verify and track eligible payments for the RentFund credits.
c. Communication:
- We may use your contact information to communicate with you about our services, updates, and promotions.
3. Data Security:
a. Secure Storage:
- We employ industry-standard security measures to protect your personal information from unauthorized access, disclosure, alteration, and destruction.
b. Access Control:
- Access to your personal information is restricted to authorized personnel who need the information for legitimate business purposes.
4. Third-Party Partners:
a. Preferred Partners:
- Information may be shared with our preferred partners as necessary to facilitate the home purchase process and provide the RentFund credit.
b. Legal Compliance:
- We may disclose information if required by law or in response to a valid legal process.
5. Your Choices:
a. Communication Preferences:
- Users can manage their communication preferences and have the ability to unsubscribe from RentFund communications anytime.
b. Access and Correction:
- Users can review and update their personal information by updating their information in their RentFund account.
6. Changes to the Privacy Policy:
a. Notification:
- Users will be notified of any changes to this Privacy Policy. Continued use of our services after changes constitute acceptance of the updated policy.
7. Children's Privacy:
RentFund is not intended for use by individuals under the age of 18. We do not knowingly collect personal information from children.
8. Contact Information:
If you have any questions or concerns regarding this Privacy Policy, please contact us at [email protected].
By using the RentFund, you acknowledge that you have read, understood, and agreed to this Privacy Policy.
Thank you for choosing RentFund.