Privacy Policy

Effective Date: August 4, 2025

This Privacy Policy describes how Budget-U, Inc. (“Budget-U,” “we,” “our,” or “us”) collects, uses, and protects your personal information when you use our mobile application (“App”) and related services.

By using the App, you agree to the collection and use of information in accordance with this Privacy Policy.

1. Information We Collect

a. Personal Information

  • Name, email address, and phone number during registration
  • School and housing information for budget personalization

b. Financial Information

  • Bank and transaction data from linked accounts (via Plaid Inc.)
  • Budget allocations and spending categories

c. Device & Usage Data

  • IP address, device type, operating system, and in-app usage analytics

d. Optional Information

  • Communications you send us
  • Feedback or survey responses

2. How We Collect Information

  • Directly from you: When you sign up, update your profile, or contact support
  • Automatically: Through cookies or similar tracking technologies
  • Third parties: Via secure APIs, such as Plaid Inc., with your explicit consent

3. How We Use Your Information

We use your information to:

  • Provide budgeting insights, alerts, and recommendations
  • Display personalized dashboards and financial summaries
  • Facilitate secure transfers and approvals between users
  • Deliver AI-based tips and student discount offers
  • Improve the performance and usability of the App
  • Comply with legal obligations

4. Sharing Your Information

We do not sell or rent your personal information.

We may share your data with:

  • Plaid Inc., to securely connect your bank accounts (Plaid Privacy Policy)
  • Service providers, who support app functionality under strict confidentiality
  • Legal authorities, only if required to comply with legal processes or protect rights and safety

5. Data Security

We use industry-standard encryption and secure infrastructure to protect your information. This includes:

  • End-to-end encryption of sensitive data
  • Secure authentication and account controls
  • Limited data access on a need-to-know basis

6. Your Choices

You may:

  • Update or correct your personal information in the App
  • Revoke financial data access at any time by unlinking your accounts
  • Delete your account and associated data by contacting us at support@budget-u.com

7. Children’s Privacy

The App is not directed to children under the age of 13. We do not knowingly collect information from children under 13 without verifiable parental consent.

8. Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of significant changes by email or in-app notification.

9. Contact Us

For any questions or concerns regarding this Privacy Policy, please contact:

Budget-U, Inc.
Email: support@budget-u.com
Address: 120 Newport Center Drive, Newport Beach, CA 92660