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freshbooks

freshbooks

General Servicefreshbooks.com

Privacy Conclusion

"FreshBooks presents a moderate-to-high privacy risk score (58/100) primarily driven by collection of sensitive financial data (credit reports, credit scores) for marketing purposes, indefinite retention of data tied to customer relationship duration, and use of tracking cookies for behavioral advertising across websites. The company shares data with multiple categories of third parties including payment processors and affiliates, and reserves the right to unilaterally change the privacy policy with minimal notice, limiting user control over future data practices."

Risk Score
58
ELEVATED

freshbooks Privacy Concerns & Scorecard

Privacy Risk Analysis
Data CollectionCRITICAL

Collection of sensitive financial data including credit reports, credit scores, and credit information for marketing purposes and credit evaluation

Tracking & AdsHIGH

Use of cookies for cross-website behavioral tracking and personalized advertising delivery with automated decision-making and AI

Transparency & RightsHIGH

Policy allows unilateral amendment at any time with only 'prominent notice' requirement for material changes

Third-Party SharingHIGH

Data shared with payment processors (Stripe) for identity verification and fraud detection, with Stripe acting as independent controller

Retention & ControlHIGH

Vague retention periods with indefinite retention for credit authorization purposes tied to customer relationship duration

Recommended Actions

No recommended actions at this time.

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Data Collection & Tracking

Personal Information Collected

Identity Data

Account creation, service delivery, and communication

Financial Data

Payment processing, fraud detection, and marketing eligibility determination

Device & Network Data

Service delivery, security, and analytics

Usage & Behavioral Data

Analytics, personalization, and targeted advertising delivery

Know-Your-Client Information

Regulatory compliance and identity verification

Cross-Platform Tracking

FreshBooks uses cookies and tracking pixels to monitor your browsing behavior across websites for purposes of personalized advertising delivery. The policy explicitly states cookies track 'user activity for personalized advertising delivery across websites,' indicating cross-site behavioral tracking capability.

Tracking Methods:

First-party Cookies

Cookies set by FreshBooks.com to track user activity and preferences on the FreshBooks website

Third-party Tracking Pixels

Tracking pixels used to monitor user behavior across external websites for personalized advertising delivery

Device Fingerprinting via User-Agent

Collection of user-agent information and device type data for cross-device identification and tracking

AI & Data Training

freshbooks does not train AI on your content

Based on their public policy, your content is not used to train AI models.

How to Object

No opt-out available

This service does not currently provide a public way to opt out of AI training.

Why We Analyzed freshbooks

TrueTerms automatically audits privacy policies and data practices using advanced machine learning to keep you informed and protected. This scorecard is based on the latest available public terms of service and privacy policies as of 2026.