Protecting the personal information in our control is a responsibility Carfinco Inc. ("Carfinco") takes very seriously.
What is personal information?
Personal information means information about an identifiable individual.
What types of personal information do we collect?
We collect and maintain different types of personal information in respect of individuals with whom we interact. This includes:
contact information, such as your name, address, telephone number and e-mail address;
identification information such as your driver’s license number, Social Insurance Number and photograph;
product and service related information concerning the products and services that we provide to, or receive from, you;
credit and financial information such as your banking information, payment methods and preferences, and billing and credit history;
business relationship information, including information related to your agreements, preferences, advisors and decision-makers; and
customer relationship information such as customer service requests and feed-back and information requested or provided by or from you.
In connection with the financing of a vehicle, Carfinco may collect personal information such as your name, address, birth date, Social Insurance Number, marital status, living arrangement (rent or own), employment situation (past and present), banking information, and credit information. While disclosing your social insurance number to us is not mandatory, we ask that you provide your social insurance number to assist us in identifying you and your credit records. Carfinco may also require the same information from any spouse, partner, or co-signer. We may collect personal information directly from you, or from third parties such as credit bureaus or credit reporting agencies or your vehicle dealer, employer, bank, references, landlord or mortgage holder. We may also collect insurance information from your insurer in order to verify compliance with insurance requirements under a Conditional Sales Contract. If you are in default under your Conditional Sales Contract, we may also track the location of your vehicle in accordance with the terms of that Contract.
The choice to provide Carfinco with personal information is always yours. However, your decision to withhold particular details may limit our ability to provide our credit services to you. If we are unable to accommodate your request based on the information that has been provided to us, we may ask for additional details in order to identify other ways to be of assistance. In some instances, Carfinco may also maintain a file containing contact history that is used for customer inquiry purposes. To help us better understand our markets, we may also gather information for analytical purposes by extracting demographic information from existing files.
Where permitted or required by applicable law or regulatory requirements, we may collect information about you without your knowledge or consent.
Why do we collect your personal information?
We collect your personal information so that we can communicate with you, process your application, and provide you with the services you have requested. Carfinco also collects personal information to enable us to manage and develop our business and operations, including:
to determine your ongoing financial, personal and professional situation;
to determine, on an ongoing basis, whether or not you meet our credit and other requirements;
to establish, maintain and manage our relationship with you, including to collect amounts owing by you to us;
to provide you with, or receive from you, the products and services that have been requested;
to be able to inform you about other products and services that may be of interest to you;
to be able to review the products and services that we provide to you so that we may understand your requirements for our products and services and so that we may work to improve our products and services;
to be able to review the products and services that we obtain from you so that we may work with you and so that you may understand our requirements for such products and services and work to improve the products and services that you provide to us;
to be able to comply with your requests (for example, if you prefer to be contacted at a business or residential telephone number and advise us of your preference, we will use this information to contact you at that number);
to protect you and us against error, fraud, theft and damage to our goods and property;
in the event of default under a Conditional Sales Contract, to enable us to collect on any amounts owing under the Contract and take such further enforcement steps as are outlined in the Conditional Sales Contract;
to enable us to comply with applicable law or regulatory requirements; and
any other reasonable purpose to which you consent.
We may also use your personal information without your knowledge or consent where we are permitted or required by applicable law or regulatory requirements to do so.
With whom we may share your personal information?
We may disclose your personal information on an ongoing basis to credit bureaus and credit reporting agencies for the purposes of maintaining your credit history. These organizations may also verify and ensure the completeness of the information, and share the information with local, provincial and national authorities in the investigation of unlawful or improper activities in order to protect you and us from fraudulent transactions.
We may share your personal information, including contact information and information about your payment history, with your automotive dealer so that the dealer may market new products or services to you.
Further, your personal information may be disclosed:
as permitted or required by applicable law or to comply with regulatory requirements. In such a case, we will endeavor to not disclose more personal information than is required under the circumstances;
to comply with valid legal processes such as search warrants, subpoenas or court orders;
to protect the rights and property of Carfinco, including to collect a debt that is owed to us;
during emergency situations or where necessary to protect the safety of a person or group of persons;
in the event of default under Carfinco Conditional Sales Contract, to the appropriate government registries for the purpose of obtaining updated demographic information; or
with your consent.
Your consent is important to us
We collect, use or disclose your personal information with your consent, except where collection, use or disclosure without consent is permitted or required by law. Depending on the sensitivity of the personal information, your consent may be implied or expressed, or may be obtained using an opt-out mechanism.
As we have described above, we may collect, use or disclose your personal information without your knowledge or consent where we are permitted or required to do so by applicable law or regulatory requirements.
You may change or withdraw your consent at any time, subject to legal or contractual obligations and reasonable notice, by contacting our Privacy Officer using the contact information set out below. For example, at any time you can withdraw your consent to our use or sharing of your personal information for marketing purposes. In some circumstances, a change in or withdrawal of consent may severely limit our ability to provide products or services to, or acquire products or services from, you. All communications with respect to such withdrawal or variation of consent should be in writing and addressed to our Privacy Officer.
How we safeguard your information?
Carfinco endeavors to maintain physical, technical and procedural safeguards that are appropriate to the sensitivity of the personal information in question. These safeguards are designed to prevent loss and unauthorized access, copying, use, modification or disclosure of personal information.
We retain personal information as long as it is reasonable to fulfil the purposes for which the information was collected or for legal or business purposes.
When you visit the Carfinco website, we do not collect information that could identify you personally unless you choose to provide it voluntarily. You are welcome to browse the website at any time without revealing any personal or financial information about yourself.
We endeavour to manage our server environment appropriately and to ensure firewall infrastructure is adhered to. Our security practices are reviewed on a regular basis and we endeavour to employ current technologies to protect the confidentiality and privacy of your information.
The Carfinco website uses Secure Socket Layer (SSL) and 128 bit encryption technologies to enhance security when you visit the secured areas of these sites. When you access your accounts or send information from secured areas of these sites, encryption will scramble your data into an unreadable format to inhibit unauthorized access by others.
To safeguard against unauthorized access to the Carfinco website, you are required to "sign-on" to certain secured areas of the Carfinco website using a user ID and a password. Both the user ID and password are encrypted when sent over the Internet.
Accessing and amending your information
The file containing your personal information will be maintained on our servers or those of our service provider. At Carfinco, decisions are made based on the information we have. Therefore, it is important that your personal information is as accurate, up to date, and complete as possible. To make a change to the personal contact information contained in your file, you may do one of the following:
Call our account management department at 1.888.486.4356, where one of our account managers will be available to receive your request for a change in your personal contact information; or
Send a facsimile to us 1.888.486.7456 to request a change in your personal contact information.
You can ask to see the personal information that we hold about you, or to make any corrections in that information. If you want to review, verify or correct your personal information, please contact our Privacy Officer using the contact information set out below. Please note that such communication must be in writing.
When requesting an amendment in, or access to, your personal information, please note that we may request specific information from you to enable us to confirm your identity and right to amend or access, as well as to search for and provide you with the personal information that we hold about you. We may charge you a reasonable fee to access your personal information; however, we will advise you of any fee in advance. If you require assistance in preparing your request, please contact the office of our Privacy Officer.
Your right to access the personal information that we hold about you is not absolute. There are instances where applicable law or regulatory requirements allow or require us to refuse to provide some or all of the personal information that we hold about you. In addition, the personal information may have been destroyed, erased or made anonymous in accordance with our record retention obligations and practices.
In the event that we cannot provide you with access to your personal information, we will endeavour to inform you of the reasons why, subject to any legal or regulatory restrictions.
Questions, concerns and complaints
If you have questions or concerns regarding our privacy policies and practices, please call us at 1.888.486.4356.
If you have a concern or complaint about privacy, confidentiality or the personal information handling practices of Carfinco, our employees or service suppliers, please contact:
CARFINCO Privacy Officer
#200, 4245 - 97 Street NW
Updated as of August 2015