Lender Compliance Technologies LLC (“ LCT”) operates the website located at lct1.com (“Site”). LCT is a cloud-based software platform giving banks, credit unions and lenders flexible technology for their compliance programs (“Services”).
Information that LCT Collects
Types of Information Collected
“Personal Data” is information by which you may be personally identified. LCT may collect the following Personal Data from you:
- Phone Number,
- Company Name,
- Job Title, or,
- IP address.
How we collect information
We collect your Personal Data when you affirmatively give it to us through interactions, including:
- When you sign up to receive notices
- Through service requests;
- Through survey forms; or
- When you choose to post information through the Site.
We may collect non-Personal Data via automatic means including through cookies or through our third-party service providers listed below.
Why we collect and how we use your information
In general, we collect and use your Personal Data for the following reasons:
- When it is for our legitimate business interests, these include but are not limited to: direct marketing, network and information systems security, data analytics or data enhancement, modifying or improving our services, identifying usage trends, and determining the effectiveness of promotional campaigns and advertising. You have the right to opt out of this processing;
- When it is necessary in connection with any contract you have entered into with us (including our terms of service for when we are offering services), or to take steps prior to entering into a contract with us;
- When we have obtained your prior consent to the use (like when you request information from us to sign up for our Services; this legal basis is only used in relation to uses that are entirely voluntary – it is not used for information processing that is necessary or obligatory in any way);
- When have a legitimate interest in using the information for the purpose of contacting you, subject to compliance with applicable law; or
- When we have a legitimate interest in using the information for the purpose of detecting, and protecting against, breaches of our policies and applicable laws.
We may use aggregated (anonymized) information, and information that does not identify any individual, without restriction.
Accessing Your Information
LCT acknowledges the individual’s right to access their Personal Data. An individual who seeks access, or who seeks to correct, amend, or delete inaccurate data, should contact us. If requested to remove data, we will respond within a reasonable timeframe.
How Long do we Store Personal Data?
We will only retain your Personal Data for as long as is necessary to fulfil the purposes for which it is collected. This length of time may vary according to the nature of your relationship with us.
Automated Data Collection Methods
Log Files and Web Beacons
Pages of the Site and our e-mails may contain small electronic files known as web beacons (also referred to as clear gifs, pixel tags, and single-pixel gifs) that permit us, for example, to count users who have visited those pages or opened an email and for other related statistics. Occasionally, we connect Personal Data to information gathered in our log files as necessary to improve our Services.
Users under the age of 16
Our Services are not intended for children under 16 years of age and we do not knowingly collect Personal Data from children under 16. If you are under 16, do not use or register on the Services, make any purchases, use any of the interactive or public comment features, or provide any information about yourself to us. If we learn we have collected or received Personal Data from a child under 16 without verification of parental consent, we will delete that information. If you believe we might have any information from or about a child under 16, please contact us at the email address listed below.
Do Not Track Settings
We do not track our Users over time and across third party websites to provide targeted advertising and do not specifically respond to Do Not Track (“DNT”) signals.
Who We Share Data With
We may use aggregated (anonymized) information about you, and information that does not identify any individual, without restriction.
Successors in Interest
Compliance with law and protection of people and property
We may share your information when we believe in good faith that such sharing is reasonably necessary to investigate, prevent, or take action regarding possible illegal activities or to comply with legal process. This may involve the sharing of your information with law enforcement, government agencies, courts, and/or other organizations.
Service providers and partners
We may, for our legitimate interests, provide your Personal Data to contractors, service providers, third party authenticators, and other third parties who assist us in operating our website, conducting our business, or servicing you. These service providers are bound by contractual obligations to keep Personal Data confidential and use it only for the purposes for which we disclose it to them. These service providers may be located in the EEA, US or in other locations.
We also use third-party companies to serve ads and/or collect certain anonymous information when you visit our Site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.aboutads.info/choices/ or the Network Advertising Initiative (www.networkadvertising.org).
Third-Party Services and Websites
LCT is not responsible for the privacy policies or other practices employed by websites (including social media sites) linked to, or from, our Site nor the information or content contained therein, and we encourage you to read the privacy statements of any linked third party.
Data Storage and How LCT Protects Your Information
LCT employs industry standard physical, electronic and managerial control procedures to safeguard and help prevent unauthorized access to your information. We choose these safeguards based on the sensitivity of the information that we collect, process and store and the current state of technology. Our outsourced service providers who support our operations are also vetted to ensure that they too have the appropriate organizational and technical measures in place to protect your information
Unfortunately, the transmission of information via the internet is not completely secure. Although we do our best to protect your Personal Data, we cannot guarantee the security of your information transmitted to LCT. Any transmission of information is at your own risk. We are not responsible for circumvention of any privacy settings or security measures contained on the Site. In the event that there is breach in the information that we hold, we shall notify of such breach via email or via notice on the Site.
California and Vermont Specific Rights
California: If you are a California resident, we will not share Personal Data we collect about you except to the extent permitted under California law. California residents are permitted to request a full list of Personal Data stored by LCT, which may be subject to a reasonable fee. To make such a request, please send an email to the email address listed below.
Vermont: If you are Vermont resident, we will not share Personal Data we collect about you with non-affiliates unless the law allows, or you provide authorization.
Questions and Comments