Faire's privacy policy now explicitly lists additional data elements used in credit assessments for retailers, including business identification data, country, predicted risk score, and credit risk rating. The updated language also removes a prior description of how credit risk ratings and payment history are used in setting credit limits, and adds a new provision allowing retailers to request human review or contest credit limit decisions. This expands transparency about what data factors into credit decisions while establishing a formal dispute mechanism.
Businesses: Retailers now know that Faire uses algorithmic risk predictions and credit ratings, not just payment history, when deciding their credit limits.
Businesses: Retailers can now formally challenge or request reconsideration of credit limit decisions by contacting Faire.
The updated policy discloses specific data elements Faire uses when assessing retailer creditworthiness, including predicted risk scores and credit risk ratings alongside traditional factors like payment history and past due status. The revised terms establish a formal mechanism for retailers to contact Faire to request human review of credit limit decisions, express their perspective, or contest the application. You can contact Faire using the contact details in the privacy policy to request human review or contest a credit limit decision.
→ Review the expanded list of data factors Faire uses in credit assessments to understand how your business profile is evaluated.
→ If you disagree with a credit limit decision, contact Faire using the contact details in the privacy policy to request human review or contest the decision.
ConductAtlas has recorded 2 material changes to this document over 53 days of monitoring (since August 2026).
Expanded to explicitly include predicted risk scores, credit risk ratings, business identification data, and country in addition to payment history and past due status.
Added formal process allowing retailers to request human review, express their perspective, or contest credit limit decisions via contact details in the privacy policy.
This change record describes what was added, removed, or modified in the document. Analysis reflects what the updated agreement states or permits. It does not constitute a legal determination about enforceability. Applicability may vary by jurisdiction. Methodology
Faire expanded its credit assessment data disclosure to include predicted risk scores and credit risk ratings, and added a formal dispute mechanism for retailers to request human review or contest credit decisions. This change may …
Regulatory exposure, obligation change, escalation trigger, board-ready language, and recommended action for legal and compliance teams.
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Faire updated its privacy policy to expand how it collects, uses, and shares retailer and user data. The policy now …
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