This analysis describes what Verizon's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
The provision establishes the operational scope of data collection for credit decisioning and marketing purposes, extending beyond first-party customer interactions to include third-party financial data sources. This authorization enables the company to maintain comprehensive financial profiles to support service provisioning and customer acquisition activities.
Users' credit and financial information is collected from external sources including credit bureaus and financial institutions, in addition to information provided directly through service transactions and interactions. This information is incorporated into Verizon's records and used for service delivery and marketing purposes.
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"We collect information when you purchase or use our products or services, when you interact with us in stores, online, or on the phone, and from other sources including credit bureaus and financial institutions to provide and market our products and services.— Excerpt from Verizon's Verizon Privacy Policy
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The provision establishes the operational scope of data collection for credit decisioning and marketing purposes, extending beyond first-party customer interactions to include third-party financial data sources. This authorization enables the company to maintain comprehensive financial profiles to support service provisioning and customer acquisition activities.
Users' credit and financial information is collected from external sources including credit bureaus and financial institutions, in addition to information provided directly through service transactions and interactions. This information is incorporated into Verizon's records and used for service delivery and marketing purposes.
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