The Hebrew Free Loan Society (HFLS) is a nonprofit organization that makes interest-free loans to deserving individuals in the New York City area. HFLS observes all state and federal requirements regarding the confidentiality and safeguarding of the personal information of its borrowers, guarantors, donors, and employees.
Federal law requires HFLS to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
We will not sell, share or trade our donors’ names or personal information with any other entity, nor send mailings to our donors on behalf of other organizations. This applies to all information received by HFLS, both online and offline, on any Platform (“Platform”, includes the HFLS website and mobile applications), as well as any electronic, written, or oral communications.
We collect your personal information when you apply for a loan or provide a guaranty for a loan. We may also collect your personal information from credit bureaus. The types of personal information we collect on our borrowers and guarantors can include: Social Security number, address, telephone number, income, credit history, and credit scores.
HFLS keeps confidential the personal information regarding its borrowers, guarantors, donors, and employees except to the extent required by law (e.g. in response to court orders or legal investigations) or for our everyday business purposes, such as to report to credit bureaus (for small business loans only), or to process your transactions, enforce your obligations, or maintain your accounts (for borrowers and guarantors).
To protect personal information from unauthorized access and use, we use security measures that comply with state and federal law. These measures include computer safeguards and secured files. Our staff is trained to not disclose personal information unless in compliance with this policy.