Last Updated: August 2013
Personal Information we collect
How we use the Personal Information we collect
How we may share Personal Information you provide to us
How we protect the confidentiality and security of your Personal Information
Information we automatically collect (not Personal Information)
Changes to this Policy, and contact information
CIT Group Inc. and its affiliates (collectively "CIT," "we," "us," or "our") respect your privacy and are committed to treating and using Personal Information (as defined below) about you responsibly.
Throughout this Policy, we refer to nonpublic personal information that can directly and without additional information identify you or your accounts as "Personal Information." "Personal Information" includes information such as your name, address, email address, or phone number and other information that is not otherwise publicly available (such as your date of birth, Social Security number and financial information). Please read this Policy carefully. When you visit this site you consent to the terms of this Policy and the information described herein.
We collect Personal Information from and about you in order to identify you as our customer, establish and manage customer accounts (including collection activity), complete customer transactions and understand our customers and their needs. We also collect this information to improve how we market products and services, learn about our markets and design and improve our products and services. Furthermore the collection of this information helps us to comply with legal and regulatory requirements, and protect the rights, property, or safety of CIT, its employees, customers, visitors to the Services, and others.
We may also collect Personal Information from you if you:
(1) apply for employment through the Services (which may include your name, address, references and employment history);
(2) use the Services to check the status of your accounts (such as your name, account number and login password); and
(3) send us an email to inquire about your account or to request information (such as your name, email address and any other Personal Information you supply in your message).
We may use the Personal Information that you provide to us as follows:
(1) if you apply for a job, to consider you for the position and to contact references (please note that your references may be contacted without prior notice to you); or
(2) if you apply for credit, to assess your creditworthiness including retrieving credit reports and to approve or reject your application; or
(3) to respond to inquiries you may have about your account and other related matters; or
(4) if you send us an email for information, to reply to your request.
CIT may share your Personal Information under the following circumstances:
Affiliates : We may share your name, address and information about your transactions and experiences with us (such as your payment history or other facts about your account) with our affiliates.
Agents and service providers : To establish, administer, and manage our customers' accounts, evaluate credit, provide customer service and benefits, process account transactions and account statements, engage in collections activities, or process job applications, we may disclose your Personal Information to companies that work with us to perform services or business operations on our behalf. We may also share your Personal Information with companies that perform marketing services on our behalf, or with other financial institutions (including insurance companies) with whom we have joint marketing agreements.
Other third parties : We may also share, as permitted by law, your Personal Information with other third parties with whom we do not have joint marketing agreements, such as other financial services providers, insurance companies, or with nonfinancial companies such as service organizations, retailers, travel services and direct marketers. We require these companies to adhere to CIT's confidentiality standards with respect to your Personal Information.
USA Patriot Act Section 326 compliance : When you open an account with us, we will ask for your name, address, and other identifying documents such as your driver's license, that will allow us to identify you. We do this to help the government fight the funding of terrorism and money laundering activities. U.S. federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.
Business transfers : As we develop our business, we may sell or buy businesses or assets, or be involved in mergers or other corporate reorganization. In transactions such as these, your Personal Information may be shared in connection with any of the foregoing types of transactions, even prior to the existence of a final, binding, agreement to buy, sell, merge, or reorganize.
CIT uses reasonable measures to protect Personal Information from unauthorized access, deletion or alteration. In addition, we have physical, electronic, and procedural safeguards to protect your Personal Information. As part of our security practices, CIT does not send requests for Personal Information to our customers. Any Personal Information you request CIT to send you via email, such as your account balance, is encrypted. However, standard email communications are not. Therefore, you should not transmit your Personal Information to us through email. Please note that no company can guarantee perfect online security, and please remain careful and vigilant in your online activities.
When you visit or browse our Services, we and our advertising, marketing, or service partners may collect information such as your Internet Protocol or “IP” address, the “URL” of the web pages you visit, and may use “cookies,” web beacons, or other objects to collect statistical and other information about your use of our Services. The purpose of collecting this information is to improve the effectiveness of our Services and to conduct targeted advertising or marketing. The collected information may include, for example, information about your computer, its unique identifiers, and its configuration, the web pages you visited or mobile applications used; the date and time of your visit; the websites you visited immediately before and after visiting our web site; your language preference; demographic and/or location-based information; and the popularity of various advertising words and phrases used by us. The collection of this information allows for the compilation of aggregate and anonymous information about the usage of our Services, and can help us improve your use of our Services, for example, providing quick login, streamlining site navigation and maintaining up-to-date content for all users. Should you configure your browser to reject cookies, you may disable some of our Service's features.
CIT may update this Policy from time to time. CIT may notify you of an update to this Policy by any reasonable means, including by email, online account notification, mobile application pop-up, or regular mail. You agree that if you choose to continue to use the Services after CIT sends you such an e-mail, online account notification, mobile application pop-up, or regular mail (allowing one week from the sent date for delivery of regular mail), you are bound to the most recent version of the Policy. You should periodically check the effective date at the top of this Policy to be sure that you are aware of the most recent version of this Policy and the important information described in it.