Consumer privacy policy notice.
This notice is provided by Modern Financial, a dba of Modern Asset Management Inc. It explains what personal information we collect, how we share it, and the choices you have.
Modern Financial, a dba of Modern Asset Management Inc.
CA DFPI License #6054855 · NMLS #1880700
What does Modern Financial do with your personal information?
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
What?
The types of personal information we collect and share depend on the product or service you have with us. This information can include:
- Social Security number and income
- Account balances, account transactions and payment history
- Credit history and credit scores
When you are no longer our customer, we continue to share your information as described in this notice.
How?
All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Modern Financial chooses to share, based on the current notice; and whether you can limit this sharing.
| Reasons we can share your personal information | Does Modern Financial share? | Can you limit this sharing? |
|---|---|---|
| For our everyday business purposes — such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus | Yes | No |
| For our marketing purposes — to offer our products and services to you | No. We don’t share. | We don’t share |
| For joint marketing with other financial companies | No. We don’t share. | We don’t share |
| For our affiliates’ everyday business purposes — information about your creditworthiness | No. We don’t share. | We don’t share |
| For non-affiliates to market to you | No. We don’t share. | We don’t share |
How do we protect your personal information?
To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
How do we collect your personal information?
We collect your personal information, for example, when you:
- Apply for a credit sale
- Give us your income information
- Provide employment information
- Give us your contact information
- Pay us by check
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
Why can’t I limit all sharing?
Federal law gives you the right to limit only sharing for affiliates’ everyday business purposes — information about your creditworthiness; affiliates from using your information to market to you; and sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing.
Definitions
Affiliates are companies related by common ownership or control. They can be financial and nonfinancial companies. The current notice states that the company has no affiliates. [Confirm “no affiliates” under the Modern Financial entity]
Non-affiliates are companies not related by common ownership or control. The current notice states that information is not shared with non-affiliates so they can market to you.
Joint marketing is a formal agreement between nonaffiliated financial companies that together market financial products or services to you. The current notice states that the company does not jointly market.
Other important information
We will notify you if any of the information in this notice changes.
Questions? Contact (949) 207-9323 or contact@modernfinancial.com.