Swisslendings Privacy Policy & Federal Privacy Notice

Welcome to Swisslendings. When it comes to the privacy of their personal information, we think that consumers should be treated with the utmost respect. Swisslendings Marketplace, Inc. and Prosper Funding LLC, together known as "Prosper," "we," "us," or "our," are covered by this privacy statement.
This privacy statement explains the information gathering, use, protection, and disclosure practices for the websites, services, and mobile applications operated by Swisslendings. This privacy statement also outlines your options for controlling your information preferences, including how to refuse to have your personal information used in specific ways. You agree to this Privacy Policy by visiting or using any of Swisslendings' websites, mobile applications, or services.
When it comes to our privacy policies and practices, if you have any inquiries or grievances, or if you need help using this privacy policy's options, please contact us., please contact us at support@swisslendings.com.
All current and former customers of Swisslendings are subject to this policy. Please take note that you must be 18 years of age or older to utilize our services.
The California Consumer Privacy Act ("CCPA") will give California residents particular rights and protections starting on January 1, 2020. Please refer to the section below labeled "Notice to California Residents" if you live in California for more information.
INFORMATION SWISSLENDINGS COLLECTS ABOUT YOU
Information Provided by You
While using SwissLendings websites, you may choose to give us with certain personally identifiable information, such as but not limited to, www.swisslendings.com the "SwissLendings website" or "SwissLendings websites," collectively, or any other related websites, desktop applications, or mobile applications. When you apply for credit or sign up to be a borrower, investor, or investor, we collect this information. When you use the SwissLendings websites in the future or when we connect with you by phone, email, or another method, we may collect more information.
In order to comply with our legal obligations, confirm your identity, make it easier to determine whether you qualify for credit, facilitate credit eligibility determinations, prevent fraud, and complete your transaction, certain personal information must be provided when you apply for credit, register as a borrower or investor, or in connection with servicing your account. Information from the following categories may be gathered::
your primary means of identification (for example, your name, address, email, telephone number, and date of birth);
Your Social Security number;
Your employment and income information;
Your bank account information;
If a loan is to be used with a retailer or service provider (such as a healthcare provider), the name of the retailer or service provider and the person who will be receiving the good or service must match.;
You may also supply other information in connection with a financial product or service, such as your demographic data (where permitted or needed by applicable legislation) and the location and loan-securing property's location and value.;
Government-issued identification or additional information for identity verification
Any personal information you provide us.
In the case of a joint application or loan, we may additionally gather information you give us about your co-applicant. By providing us with information about someone other than yourself, you warrant that you have the necessary rights to do so for the uses set forth in this Privacy Statement and/or in conjunction with our services.
Additionally, we compile the names, email addresses, and phone numbers of those who get in touch with us. We simply gather this data so that we can react to requests. We will gather information from you if you use our "refer-a-friend" option so that we can handle your referral request.
Additionally, there are a few third-party financing sites where you can give us your information so we can process your credit application. The privacy policy of the business governs how that online finance platform uses your information.
Information Collected Based on Your Activity on the Swisslendings Websites
Swisslendings gathers information about your transactions and activities in order to offer you services, enhance our operations, and preserve records required by law. This pertains to your payment history for personal loans. This covers your fund transfers and purchases if you're an investor. For all users, Swisslendings and/or its service providers gather information about your visits to www.swisslendings.com, including your IP address, location, operating system, browser type, referral source, visit time and duration, button clicks and/or page views, and the unique identifier for your mobile device, as well as other Swisslendings websites (IDFA or AAID). We don't link the data we get to a specific customer or household in the case of people who haven't registered for a Swisslendings user account.
HOW PROSPER USES YOUR INFORMATION
Analysis & Data Optimization
Additionally, Swisslendings uses your data to perform research on our services and websites. This data is used to enhance our services and credit model. Additionally, we make use of this data to enhance user experience on Swisslendings websites and assess the effectiveness of various marketing initiatives.
Marketing & Surveys
Swisslendings may also use your personal information to decide which marketing materials, newsletters, questionnaires, and/or inquiries about your experience to send to you. Your personal information may be used by Swisslendings to choose you for offers and to send offers to you.
Optional Marketing Communications
Email marketing communications are optionally received. You can unsubscribe from these communications by clicking the link in any marketing email Swisslendings sends you if you'd prefer not to receive them. Customers who have personal loans and investor accounts can log in, choose "Settings" from the drop-down menu, and turn off undesired communication channels under the "Communication Preferences" section. All customers can reach us at support@swisslendings.com and we'll help you stop the extraneous communications. Please be aware that your co-borrower will not be covered by your opt-out selections for personal loan applications and borrowers.
ADDITIONAL FACTS ABOUT YOUR PERSONAL INFORMATION
How to update your private information
You can access the private data you've given us by logging in at if you've applied for a personal loan or registered as an investor. www.swisslendings.com ,and going to your account's "Settings" page. You can change your password, email, phone number, or residential address whenever you'd like as a registered investor. You can modify your password, email, phone number, bank account details, and mailing address whenever you register for a personal loan, though some changes made before the loan is originated might necessitate submitting a new loan application. You can get in touch with us at to update your information as well. support@swisslendings.com. Your inquiry will receive a timely response from us.
All clients may be assured that we will keep their information on file for as long as is necessary to fulfill their service requests, meet legal requirements, handle disputes, undertake analysis, audits, or enforce our agreements, or as long as is otherwise permitted or mandated by law.
How Swisslendings Protects Your Data
Your personal information is protected by Swisslendings using strong security measures, including as physical, technological (electronic), and operational controls, both during transmission and after it has been received. You can get in touch with us at if you have any concerns about the privacy of your data. support@swisslendings.com.
Swisslendings provides all servers with a Safe Socket Layer (SSL) certificate to make sure that when you connect to our websites, you can know that you are actually on our site and that all information you submit is sent to us through a secure encrypted channel. Once stored on our system, personal data can only be accessed by specified service access points that require a password to use. Technical measures that combine encryption, firewalls, intrusion prevention systems, virus detection systems, and data loss prevention systems are used to protect data. Swisslendings routinely examines applications and systems for vulnerabilities.
Only individuals who need access to information are permitted to use the system, which is strictly regulated. Only trained and dependable employees are allowed access to personal information thanks to administrative protections like a security awareness program, background checks, and an internal information use policy. The following are some extra elements of our security program:
Protected Data Center
All of our sensitive financial data is kept in cutting-edge, extremely secure data centers that have undergone audits in accordance with AICPA SOC for Service Organizations. The newest threat prevention technologies, including network and web application firewalls, VPNs, antivirus, Web filtering, and antispam technologies, are used to strictly regulate physical access to the data centers.
Breaks In Sessions
In order to protect your account or application, we use session time-outs. After a predetermined amount of inactivity, you will automatically be logged out of the website. If you leave your computer unattended, this time-out feature lowers the chance that someone else will be able to access your account or information.
Account Verification
If you have an account, we at the very least ask you to use a password or adhere to other secure procedures we have put in place in order to give you access to your account. If you make a password, it must contain both numbers and letters. In the event that you forget your password, we have also put in place security procedures to help you get back into your account. Always pick a password that is challenging for other people to guess, and change it frequently.
Additional Measures You Can Take to Make Sure Your Information Is Secure
Important messages from Swisslendings regarding your account or application are sent by email. Therefore, you should take efforts to secure and limit access to your email account and often change your password. You should also be on the lookout for "phishing" emails, which are bogus communications sent by businesses pretending to be Swisslendings and asking for your login details or other account information. Swisslendings will never email you asking for your login details.
You should thoroughly log out after utilizing Swisslendings websites, then shut the browser window, delete the browser's cache, and remove any saved passwords. If you use a computer that is shared by others, like in a public library or Internet café, this step is very crucial.
Updates to this policy
Any modifications to the privacy statement take effect when they are published on Swisslendings' websites. If there are any significant modifications, we'll send you an email or update the privacy statement in your account to let you know. www.swisslendings.com if you possess one You have agreed to the amended privacy statement if you use our services after it has been changed.
Please send any concerns or comments about this policy and Swisslendings's privacy practices directly to for further information or if you have any other queries. support@swisslendings.com.
Note: Swisslendings Funding LLC's parent firm is Swisslendings Marketplace, Inc. The Swisslendings platform and website are owned by Swisslendings Funding LLC. (www.swisslendings.com) and application, together with loans supporting all notes dependant on borrower payments. Swisslendings Marketplace, Inc. manages the Swisslendings platform and offers Swisslendings Funding LLC administrative assistance.
Additionally, you can submit inquiries or feedback to:
Swisslendings Marketplace, Inc.
Attn: Compliance Department
221 Main Street, Suite 150
San Francisco, CA 94105
1-727-619-4669

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IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT.
All financial institutions are required by Federal law to gather, verify, and record information that identifies each person who opens an account in order to aid the government in its fight against the funding of terrorism and money laundering operations.
What this means to you is that we will ask for your name, address, date of birth, and other details that will allow us to identify you when you register an account. We could also request to see your driver's license or other forms of identification.
1 Depending on the information provided by the applicant in the application form, they may be eligible for personal loans up to $50,000. Guaranteed personal loan eligibility is contingent upon our investors transferring funds to your account, your compliance with the requirements, and other factors. For more information and terms and conditions, see the Borrower Registration Agreement. all loans made by WestunitedBank for personal use.
2 Following your acceptance of the loan offer, the conclusion of all required verification steps, and final approval, you may get your funds one business day later. One business day funding also depends on how quickly your bank can complete the transaction.
3 The information included in the HELOC application determines eligibility for a HELOC up to $500,000. An in-home appraisal is required for loans over $250,000. Title insurance is necessary for loans exceeding $250,000.
There may be some states where HELOCs through Swisslendings are not available. For more details, please carefully read your HELOC credit agreement.
The underwriting and issuance of all HELOCs is handled by WestunitedBank EQ, LLC, an Equal Housing Lender. NMLS #1464945.
4 as of January 31, 2023 (the "Calculation Date"), the weighted average historical return for loans originated by Swisslendings. The loan must have been originated (a) on or after July 1, 2009, and (b) at least 12 months before the Computation Date in order to be considered in the historical return ("Historical Return") calculation. Historical Returns are based on real payments (other than principle) made to investors on 3- and 5-year term loans generated through the Swisslendings platform, net of fees and losses (including from charged-off loans).
The Historical Return for loans made through Swisslendings is determined as follows. First, based on the precise month and year that they were produced in as well as their Swisslendings Rating at origination, loans are divided into unique "oeGroups." For each Group, we determine: (a) the total interest paid, plus late fees, minus servicing fees, minus collection fees, in each case, on active loans; (b) the total principal balances outstanding on active loans at the end of each day since origination; and (c) the net recoveries on charged-off or defaulted loans; net debt sale proceeds on sold loans; minus gross principal losses. . The "Historical Return" for the Group is then calculated by annualizing the result. The cumulative-outstanding-principal-dollar-weighted average of each Group's Historical Returns is then calculated for each Group. As a result, we are given the "weighted average Historical Return" for loans made through Swisslendings. Active loans are those that are current with payments or have a delinquency of less than 120 days for the purposes of this computation. A loan is not considered active if it has been paid off, charged off, or is in default.
The Historical Return calculation (a) is revised each month; and (b) does not take into account servicing-related corrective non-cash adjustments that could change a borrower loan's status or outstanding balance. The prepayment and default behavior of the loan supporting each Note determines the actual return on each Note, which is highly uncertain. Individual outcomes might differ. The information offered is not meant to be investment advice or a guarantee about the performance of any Note, and historical performance is not a guarantee of future outcomes.
All personal loans made by WestunitedBank.
Swisslendings Marketplace, Inc. Tax ID Number: 92-2227782
Licensing & Disclosures

Licensing and Disclosures

Swisslendings LLC

1987 Cindy CT. | Lakewood, NJ 08701

221 Main Street, Suite 150 | San Francisco, CA 94105