The policy discloses that named Verizon Value brands (Total Wireless, Straight Talk, Tracfone, Simple Mobile, Walmart Family Mobile, Net10 Wireless, Go Smart Mobile, and SafeLink Wireless) share customer-identifying information with Prove, which uses it to assist banks and other third parties in making credit application decisions.
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
This provision establishes that customer-identifying data from prepaid wireless brands is shared with a third-party partner that uses it in connection with credit application decisioning at financial institutions, creating potential obligations and exposure under the Fair Credit Reporting Act depending on whether these data flows constitute consumer report transactions.
Interpretive note: Whether this arrangement constitutes a consumer report transaction subject to FCRA depends on how Prove and participating lenders structure and characterize the data use, which is not fully determinable from the policy text alone.
The updated policy removes four instances of opt-out guidance that previously directed Verizon Community users to a 'Your Privacy Choices' page. This removal eliminates a disclosed method for managing privacy preferences within that service. Verizon Community users will no longer have this specific instruction in the published policy to locate opt-out controls.
View change record →The updated policy expands the stated uses of your information. Verizon now explicitly reserves the right to use data to determine your eligibility for employment-related discounts, Verizon Dollars rewards, and service discounts; to assess your creditworthiness and payment risk; and to contact you with marketing offers from partners. The policy previously stated these uses more narrowly or did not list them as discrete purposes. You can review Verizon's privacy choices pages to manage some data uses, including opt-out mechanisms for prescreening and industry-wide credit opt-out options.
View change record →Under these terms, customers of the listed Verizon Value prepaid brands have their identifying information shared with Prove, which uses it to assist lenders with credit application decisions. The agreement states that opt-out is available through the Your Privacy Choices link at the bottom of the relevant brand's website.
Cross-platform context
See how other platforms handle Identity Verification Data Sharing with Prove for Credit Decisions and similar clauses.
Compare across platforms →"Certain Verizon Value brands share information that identifies you with our partner, Prove, who verifies your identity to facilitate your interactions with third parties, such as banks. Our partner also uses the information we share to assist third parties with decisions about credit applications that you submitted to a bank or other third party. You can opt out using the 'Your Privacy Choices' link at the bottom of the website of the Verizon Value brand that you use.Excerpt from Verizon's Privacy Policy
(1) REGULATORY LANDSCAPE: This provision requires evaluation under the Fair Credit Reporting Act (FCRA), which governs the permissible use of consumer information in credit-related decisions and defines obligations for consumer reporting agencies and users of …
Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.
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This provision establishes that customer-identifying data from prepaid wireless brands is shared with a third-party partner that uses it in connection with credit application decisioning at financial institutions, creating potential obligations and exposure under the Fair Credit Reporting Act depending on whether these data flows constitute consumer report transactions.
Under these terms, customers of the listed Verizon Value prepaid brands have their identifying information shared with Prove, which uses it to assist lenders with credit application decisions. The agreement states that opt-out is available through the Your Privacy Choices link at the bottom of the relevant brand's website.
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