PAC - Disclosures

Persian Acceptance Corporation (PAC) has been an indirect, automobile finance company since 1998. We are currently licensed to finance car loans originated in Massachusetts, New Hampshire, Maine, Vermont and Connecticut. We specialize in auto financing for consumers who do not qualify for traditional bank financing. Consumers have the opportunity to re-establish their credit. All payments are reported to the credit bureau.



Copyright Policy

Customer Agreement and Copyright Policy

Customer Agreement

Persian Acceptance Corp., ("PAC") offers this website to the user conditioned on acceptance by the "User" without modifications of the terms, conditions, and notices contained herein. By accessing and using this website, the User is deemed to have agreed to all such terms, conditions and notices.

PAC reserves the right to change this Agreement at any time by revising the terms and conditions. User is responsible for regularly reviewing these terms and conditions. Continued use of this website following any such changes constitutes the User's acceptance of such changes.

Copyright and trademark notices

No part of this website may be modified, copied, distributed, transmitted, displayed, reproduced, published, licensed, or sold. Content displayed may be downloaded for non-commercial personal use only, and must retain all copyright and proprietary notices contained in the content.

Disclaimer

Changes are periodically added to the information contained in this website. PAC and it's vendors/suppliers may make improvements and/or changes in this website at any time, without any notice. The information, software, products and services published on this website may include inaccuracies or typographical errors. All such information, software, products and services are provided "as is" without warranty of any kind. PAC and its vendors/suppliers hereby disclaim all warranties and conditions with regard to this information, software, products and services, including all implied warranties and conditions of merchantability, fitness for particular purpose, title and non-infringement. In no event shall PAC and/or its vendors/suppliers be liable for any direct, indirect, punitive, incidental special or consequential damages arising out of or in any way connected with the use of the website or with the delay or inability to use this website or for any information, products, and services obtained through this website, or otherwise arising out of the use of this website, whether based on contract, tort, strict liability or otherwise, even if PAC and/or any of its vendors/suppliers has been advised of the possibility of damages. In any event, PAC's liability will not exceed the fees it actually receives in connection with any transaction with a User, and User agrees not to sue any of PAC's vendors/suppliers.

Some states/jurisdictions do not allow the exclusion or limitation of liability for consequential or incidental damages; the above limitation may not apply to you.

Links to third parties' websites

This website may contain links to Internet websites maintained by third parties. PAC does not operate or control in any respect any information, products or services on such third-party websites. Third party links are included solely for the convenience of Users, and do not constitute any endorsement by PAC and/or its vendors/suppliers. User assumes sole responsibility for use of third party links.

Indemnity

As a condition of use of the website, the User agrees to indemnify PAC and its vendors/suppliers and hold then harmless from and against, including without limitation, any and all liabilities, expenses, claims, suits, causes of action, fees, charges and damages arising out of claims resulting from User's use of this website, including without limitation any claims alleging facts that if true would constitute a breach by User of the terms and conditions set forth in this Agreement.

General

PAC reserves the right to make any and all changes to this website without notice to the Users.

This Agreement includes all other notices, policies, disclaimers, and other terms contained in this website, provided however, that in the event of a conflict between such other terms and the terms of this Agreement, this Agreement controls.

This Agreement is governed by the laws of the Commonwealth of Massachusetts. User consents to the exclusive jurisdiction and venue of the courts in the Commonwealth of Massachusetts. Use of this website is unauthorized in any jurisdiction that does not give full force and effect to all the provisions and terms and conditions set forth herein in this Agreement.

User acknowledges that no joint venture, partnership, contractor, employment, or agency relationship exists between the User and PAC as a result of this Agreement regarding the use of PAC's website. User agrees not to hold User out as a representative, contractor, agent or employee of PAC, and PAC shall not be liable for any representation, act or omission of the User.

PAC's performance under this Agreement is subject to existing laws and legal process, and nothing contained in this Agreement is in derogation of PAC's right to comply with law enforcement requests or requirements relating to the User's use of this website or information provided to or gathered from PAC with respect to such use.

If any part of this Agreement is determined to be invalid or unenforceable pursuant to applicable law including, but not limited to, the warranty disclaimer and liability limitations set forth above, the invalid or unenforceable provision that most closely matches the intent of the original provision and the remainder of this Agreement shall continue in full force and effect.

This Agreement constitutes the entire agreement between the User and PAC with respect to this website and it supersedes all prior or contemporaneous communications and proposals, whether electronic, oral or written, between the User and PAC with respect to this website. A printed version of this Agreement and any notice given in electronic form will be admissible in judicial or administrative proceedings based upon or relating to this Agreement to the same extent and subject to the same conditions as other business documents and records originally generated and maintained in printed form.

Any rights not expressly granted herein in this Agreement are hereby reserved by PAC, its vendors/suppliers.

Privacy Policy

FACTS What does Persian Acceptance Corp. (PAC) do with your personal information?

Why? 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 type 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 and payment history
  • Credit history and credit scores
When you close your account, we continue to share information about you according to our policies.
How? All financial companies need to share customers' personal information to run their everyday business - to process transactions, maintain customer accounts, and report to credit bureaus. In the section below, we list reasons financial companies can share their customers' personal information; the information Persian Acceptance Corp. choose to share; and whether you can lit this sharing.

Persian Acceptance Corp. Privacy Information

Effective December 31, 2010
Rev:(11/30/10)
Reasons we can share your personal information Does PAC 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 No
For joint marketing with other financial companies. No N/A
For our affiliates everyday business purposes - information about your transactions and experiences. Yes No
For our affiliates' everyday business purposes - information about your creditworthiness. No No
For our affiliates to market their products or services to you. No N/A
For nonaffiliates to market non-financial institutions' products or services to you. No N/A
For nonaffiliated third party service providers for everyday business purposes - information about your transactions and experiences. Yes No

SPECIAL NOTICE FOR VERMONT RESIDENTS:

If your account has a Vermont mailing address, we will share with our marketing partners only that information that is permitted by law. Residents of Vermont do not have to take any further action to limit the sharing of information; such limits are already in place.

Questions? Call 888-852-2886

Sharing Practices

How does PAC protect my 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. Employees have access to your information on a need to know basis to perform their job function.
How does PAC collect my personal information? We collect your personal information, for example when you
  • Complete an application for credit
  • Make a payment on your account
We also collect your personal information from other, such as credit bureaus, affiliates, or other companies.
Why can't I limit all sharing? Federal law give 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
  • Sharing for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.

Note: We may share certain customer information with government and consumer reporting agencies as permitted or required by such laws as the Federal Right to Financial Privacy Act. These disclosures are usually made for your benefit and for specific circumstances, for example, verifying identities to reduce fraud and identity theft or for prompt credit approval or as required by law, such as in response to a subpoena or court order.

Definitions

Affiliates/Subsidiaries Companies related by common ownership or control. They can be financial and nonfinancial companies.
Nonaffiliates Companies not related by common ownership or control. They can be financial and nonfinancial companies and service providers. These can include statement, recovery and collection companies as well as insurers and attorneys.
Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you.


Security Policy

Persian Acceptance Corp.'s, ("PAC") goal is to ensure that your information is both transmitted and stored securely. All information sent over the internet is encrypted so that it is only useful to you and PAC. All pages that request personal information are delivered to your browser through HTTPS, a secure server communications layer.

If you have the security feature of your browser turned on, a dialog box will notify you that you are entering a secure page.

Upon PAC's receipt of your data, we store it in a secure database. PAC uses intrusion detection software and monitors every visitor to our website as a measure against malicious intrusion. PAC performs timely backups of all information on our website.

As a visitor to PAC's website, a cookie is place on your computer. This is a small file stored by the web browser on your computer. This procedure enables the system to recognize you and what you were working on during previous visits to our website. The use of cookies is an industry standard and is utilized at most major websites.