Privacy is a hot topic these days and new legislation has been passed to guard your rights. Privacy legislation became necessary mostly because of large institutions “sharing” your privileged information with subsidiaries of their company . That information was then used to solicit other business. Though V.I.P. does not share your information with anybody for this purpose; we are stating our policy to comply with new legislation.
V.I.P. Trust Deed Company and its affiliated trustee Foothill Conveyance Corporation have always recognized and been guided by the belief that protecting each person’s right to privacy is fundamental to the quality of customer relationships. Given the rapid pace of technological advancement in our society, the need to protect personal privacy has become even more important.
To let customers know the high priority we place on protecting their privacy, we want you to be aware of the principles we follow when collecting, maintaining, using, and safeguarding information about your relationship with us, whether collected electronically or otherwise.
Our Principles of Privacy are as Follows:
Information We collect
Some of the information we collect about you is publicly available. We also collect nonpublic personal information about you from a variety of sources, including:
- Information we receive from you on applications or other forms
- Information about your transactions with us, or others
- Information we receive from outside sources such as a consumer reporting agency
Information We Share
From time to time, for general business purposes, such as fraud control or to enable us to administer your account, or when we think it may benefit you, we may disclose some or all of the information, as described above.
Who Receives information and Why:
We do not disclose any non public personal information about our customer, or former customers, to anyone except as permitted by law. We may exchange such information with our affiliates and certain nonaffiliated third parties (under limited circumstances) to the extent permissible under law to service your account, offer you products or services we believe you may find valuable, report to credit bureaus, manage risk, and other financial services related activities.
We may disclose nonpublic personal information about you to the following type of third parties:
- Financial service providers, such as mortgage brokers, insurance agents, or others only when necessary to service your account.
How We Protect Your Information
We understand that the protection of your nonpublic personal information is of utmost concern and our obligation. We maintain strict procedures and policies to safeguard you privacy. We restrict access to nonpublic personal information about you to those employees who have a business reason to know such information. We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your nonpublic personal information. In addition, we educate our employees about the importance of confidentiality and customer privacy.
Termination of Your Customer Relationship
When you end your customer relations with us, or when we end our customer relationship with you, we will treat all of the nonpublic personal information we have about you as if you are still our customer.
When you visit this site we do not use “cookies” or any other method of retaining any personal information about you. If you provide personal information we will safeguard it and only use it as described above or as required by law.