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Money Compass is not endorsed or affiliated with the U.S. Department of Education or a specific higher education institute

 

 

Copyright Money Compass Inc 2020. All rights reserved

Money Compass Privacy Policy

Last Updated: June 24th, 2018

 

Money Compass is committed to your privacy. Our goal is to maintain your trust and confidence when handling personal and financial

information about you.

 

We NEVER rent, sell or trade your Personal Information (as defined below) to anyone. Ever.

 

This Money Compass Online & Mobile Privacy Practices Statement (“Statement”) describes Money Compass’ online and mobile privacy practices and applies to anyone who visits our website (www.MoneyCompass.io) or Money Compass-branded social media sites or pages, or uses our mobile applications. The term "Money Compass " or "we" or "us" or "our" in this Statement means Money Compass , inc.

 

Information that you provide to Money Compass when you enroll in, use or obtain a product or service from us to be used primarily for personal, family or household purposes is also governed by a separate notice entitled Money Compass Privacy Opt Out Notice. If you are such a customer, please refer to that notice for additional information about our privacy practices.

 

By using this website or our mobile applications, you agree to the Terms of Service and conditions of this Statement.

 

 

 

 

How We Collect Information

 

When You Use Our Mobile Apps

Money Compass may collect Online/Mobile Activity Data when you access our mobile applications or use the browser on your mobile device to access our website. For example, if you have enabled location services on your mobile device, we may collect geolocation data from your device. We may collect Personal Information when you voluntarily provide it to us through our mobile applications and when you provide us access credentials or tokens for your email and financial accounts. Initially, our systems capture email header data (sender, recipient, date and subject, not message bodies), in encrypted form. Then applies proprietary logic to identify emails that relate to potential savings opportunities. The bodies of these select emails are then retrieved, decrypted and reviewed to notify you of potential financial opportunities. Occasionally, we may also decrypt the email header data so that we can make sure our proprietary logic is working properly.

 

When You Use or Visit Our Website

Money Compass may also use cookies and other online tracking devices such as pixel tags and clear GIFs (also known as web beacons) to collect Online/Mobile Activity Data from you depending on your browser settings. Cookies are small text files that a website’s server places on your computer. Cookies provide a means for websites that you visit to track browsing activities conducted with your computer. A Web beacon is a small string of software code that represents a graphic image on a website or email. We may also use monitoring technologies that may be included in mobile applications, and these are not browser-based like cookies and cannot be controlled by browser settings. Some use device identifiers, or other identifiers such as “Ad IDs” to associate app user activity to a particular app.

Money Compass may also partner with certain third parties to monitor activities on our own website and other websites. Our partners may use cookies, web beacons, and/or other monitoring technologies to compile statistics about website visitors.

 

 

 

 

How We Use Information

 

Money Compass may use Personal Information and Online/Mobile Activity Data we have collected for a variety of reasons. For example, we may use this type of data:

  • to enable you to sign up for and use Money Compass services and verify that your credentials are valid

  • to provide services to you, including monitoring your financial accounts

  • to offer you targeted financial products and financial services 

  • to verify your identity and/or location to allow access to your accounts, and assist us in taking data security precautions and to engage in fraud prevention/detection

  • for business purposes, including data analysis, to improve, personalize, optimize your website browsing and mobile application experiences by examining which parts of our website you visit or which aspect of our mobile applications you find most useful, and to improve existing or develop new products and services

  • for market research, including understanding behavioral trends, spending patterns and financial trends

  • to comply with federal, state or local laws; civil, criminal or regulatory investigations; or other legal requirements

  • to share with trusted third parties who are contractually obligated to keep such information confidential and to use it only to provide the services we have asked them to perform. Money Compass does NOT share or sell your information to third parties for the third party’s own purposes such as marketing or advertising.

 

 

 

 

Your Preferences Management

 

You provide Personal Information to us on a voluntary basis and are not required to provide it in order to browse our website or use our apps. If you provide us with Personal Information to obtain a product or service from us, our Money Compass Privacy and Opt Out Notice will govern how we share your Personal Information.

As you access our online services over time, cookies and similar technologies such as web beacons allow us to collect information such as browser type, pages visited, preferences, and your relationship with us. Money Compass may customize content regarding our products and services on the websites or mobile apps we own. In order to make the content and advertising as informative and useful as possible, we may use information about your relationship with us. If you choose, you can set your website browser to inform you when cookies are sent or you may choose not to accept cookies. Your decision not to accept cookies could limit access to some of the services and offers that are available on our website. For example, your device may not be recognized when you visit our website.

If we send you an email, it will include instructions on how to opt out of receiving such emails in the future. If you are a customer and you elect to opt out of receiving emails, we may still send you emails about your Money Compass account. To opt out of receiving emails completely, you may submit your request to support@MoneyCompass.io. If your name was previously selected for any of our upcoming email offers, it is possible for you to receive information from Money Compass up to 12 business days after your request has been submitted.

If you receive an email that claims to be from us but you are not sure, or if you think it is suspicious, do not click on any of the links in the e-mail. Instead, forward it to us at support@MoneyCompass.io then delete it.

You may opt out of push notifications or in-app messages at any time by adjusting the permissions in your mobile device settings.

 

 

 

 

Reviewing and Updating your Personal Information

 

You can view and update the profile and information associated with your Account that we collect for you by going to the “settings” function in our mobile app. The credibility and relevance of our services depend on your providing us with complete, accurate and up-to-date information about yourself and your accounts, both now and in the future.

 

 

 

 

Security Information

 

We make your safety and security a top priority and are committed to protecting your personal information. If we collect identifying information from you, we will protect that information with controls based upon internationally recognized security standards, regulations, and industry-based best practices.

Money Compass maintains customer authentication procedures to protect your personal information and account from identity theft. These procedures are for your protection. If you suspect a website is pretending to be a Money Compass website (also known as “spoofing”) do not enter personal information but instead contact us at support@MoneyCompass.io.

 

Statement Changes

 

This Statement describes Money Compass’s current online privacy practices. We may change our online privacy practices in the future and we may revise this Statement to reflect material changes. This Statement was last revised June 24th, 2018 and is effective as of that date.

 

 

If you have questions about this Privacy Statement, please contact us at support@MoneyCompass.io.