Free Statement Ripper — Terms of Service & Privacy Policy
1. Introduction
Welcome to the Free Statement Ripper Tool (“the Tool”). By uploading your brokerage, custodian, or financial account statement to this website, you agree to the terms outlined below. Please read them carefully. If you do not agree, do not use the Tool.
This Tool is offered free of charge to help you convert PDF financial statements into Excel. In exchange, you consent to the Free Statement Ripper team processing your uploaded statements for the purpose of improving our AI technology.
2. How the Tool Works
You upload a PDF financial statement.
Our AI attempts to convert it into a spreadsheet format.
If results are reliable, you’ll receive the output immediately.
If the format is complex, your file will enter our 48-hour service queue for manual review.
Final output is delivered via download link or email.
3. User Eligibility
You must:
Be at least 18 years old.
Have the legal right to upload and share the statement.
Not upload statements belonging to anyone else without permission.
4. Permitted Use
You may use the Tool solely for your personal or business purposes. You may not:
Use it for illegal or fraudulent activity.
Reverse-engineer, copy, or resell the Tool’s technology.
Upload files containing malicious code.
5. Disclaimer of Accuracy
Free Statement Ripper does not guarantee that every conversion will be error-free. You are responsible for verifying the accuracy of converted data before using it for financial, tax, or investment decisions.
6. No Investment Advice
This Tool does not provide investment advice. Output files are for informational purposes only.
7. Privacy Policy
7.1 Information We Collect
Uploaded Documents (your PDFs).
Contact Information (if delivery is via email).
Technical Data (browser type, IP address, usage analytics).
7.2 How We Use Your Information
Convert your statement into Excel.
Improve AI accuracy.
Contact you about file delivery.
7.3 Data Handling & Retention
PII redaction before storage.
Raw files kept ≤72 hours, then deleted.
Anonymized data may be retained indefinitely for AI training.
All files encrypted in transit and at rest.
7.4 Sharing of Information
We do not sell your personal info. We may share anonymized, aggregated data with:
AI training providers under confidentiality agreements.
Service providers for file processing, storage, or email delivery.
7.5 Your Rights
Depending on jurisdiction, you may request:
Access to anonymized version of your file.
Deletion of your data before 72 hours.
Details on how your data was used in AI training.
8. Security
We use industry-standard encryption and safeguards. No system is 100% secure.
9. Limitation of Liability
Free Statement Ripper is not liable for any damages resulting from the use or inability to use the Tool.
10. Changes to Terms
We may update these Terms and Privacy Policy. Continued use means acceptance.
11. Contact Us
Free Statement Ripper
📩 info@freestatementripper.com