Old version
September 12, 2026 01:35 UTC
c4cae79659312ceff659d1d88e4c5f18e8e7ae704dd4aeb59eefe0825d33fd5d
CA-V-006918
New version
October 13, 2026 01:26 UTC
67f20b05098e95b459033564fc9329271f425bdd960d11488c9f500f1be427db
CA-V-007508
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Change Summary
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.
medium severity
1 Sentences added
1 Sentences removed
1 Sentences modified
239 Sentences before
239 Sentences after
Added
Removed
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BeforeAfter
87That information may include things such as their previous payment history, purchase history, historic past due status on Faire, and payment plan history.87That information includes elements such as their business identification data, country, previous payment history, purchase history, historic past due status on Faire, predicted risk score, credit risk rating, and payment plan history.
88In assessing a retailer's credit standing and setting a credit limit for their account, we may also use information such as the retailer's credit risk rating, payment history, including any missed or late payments and how much of their limit they have used, and how long it has been since their account was last reviewed.—Removed
92If you wish to contact us regarding this credit limit application, for example if you wish to receive a human review, to express your point of view, or to contest the application, please contact via the contact details mentioned in this Privacy Policy.
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