Credit Authorization and Consent

Effective Date: April 30, 2025

This Credit Authorization and Consent (“Authorization”) is provided by you (“Applicant”, “you”, or “your”) to Lender Compare Network LLC (“Company”, “we”, “us”, or “our”) in connection with your use of the Lender Compare iOS mobile application (“App”). By submitting your personal and financial information through the App, you agree to the terms of this Authorization and give your explicit written consent for us and our lending partners to obtain and use your consumer report(s), credit information, and other data as described below.

1. Purpose of Credit Authorization

The purpose of this Authorization is to allow Lender Compare Network LLC and its affiliated third-party lenders, loan servicers, or credit providers (“Lending Partners”) to access your credit and personal information to assess your eligibility for loan offers, determine appropriate product matches, and comply with federal and state regulations applicable to the lending process.

2. Scope of Authorization

By submitting a loan request through the App, you are authorizing the following actions:

• Authorize Lender Compare Network LLC and its Lending Partners to obtain consumer credit reports and related information from one or more consumer reporting agencies (such as TransUnion, Experian, and Equifax) as permitted by the Fair Credit Reporting Act (FCRA), 15 U.S.C. § 1681 et seq.
• Authorize the retrieval and verification of personal information, including but not limited to your name, address, phone number, Social Security number, employment status, income, and banking information.
• Authorize access to alternative consumer data sources, such as utility payment records, bank transaction histories, public records, and identity verification databases.
• Authorize the use and retention of your credit and application data to present personalized loan offers or to refer you to qualified third-party Lending Partners.
• Authorize subsequent or periodic credit checks, soft inquiries, or reassessments as may be necessary to monitor application status, verify identity, update loan terms, or offer refinancing options.

3. Types of Inquiries

We and our Lending Partners may perform the following types of credit checks:

• Soft Inquiry: Also known as a “soft pull,” this type of inquiry does not affect your credit score and may be used to prequalify you for potential loan offers.
• Hard Inquiry: Also known as a “hard pull,” this type of inquiry may appear on your credit report and can impact your credit score. A hard inquiry typically occurs when you accept and proceed with a formal loan application through a Lending Partner.

Your initial submission through the Lender Compare App generally results in a soft inquiry. However, if you move forward with a loan application via a Lending Partner, you may be subject to a hard inquiry under their terms and disclosures.

4. Compliance with Applicable Laws

All actions taken under this Authorization shall comply with the Fair Credit Reporting Act (FCRA), the Gramm-Leach-Bliley Act (GLBA), and other applicable federal and state privacy and financial laws. Lender Compare Network LLC will take reasonable steps to ensure your information is shared only with parties who have a legitimate and lawful purpose to access it.

5. Sharing of Credit Information

By consenting to this Authorization, you allow us to share your personal and credit-related information with our vetted network of Lending Partners and service providers in order to facilitate your access to financial products. These partners may include:

• Licensed state and federal lenders
• Credit decisioning and underwriting platforms
• Data verification providers
• Payment processors and loan servicers

Each third party will have their own privacy policies and terms of use. We recommend reviewing their policies before agreeing to proceed with any loan or service offer.

6. Duration of Authorization

Your consent to access and use your credit information remains valid for a period of 180 days from the date of your application unless revoked by you in writing. You may revoke this Authorization at any time by contacting us at support@lendercomparenetwork.top. However, revoking your consent may impact your ability to receive loan offers or complete pending applications.

7. No Obligation to Accept Offers

Submitting a loan request through the App or authorizing access to your credit information does not obligate you to accept any loan product or service offered by Lender Compare or any Lending Partner. You are under no obligation to proceed, and all decisions to accept or reject an offer are entirely voluntary and at your discretion.

8. Data Retention and Security

We store your data using secure, encrypted technologies and retain your information only as long as necessary to fulfill our services and comply with applicable laws. While no system is immune to breaches, we implement industry-standard security measures to protect your credit and personal information from unauthorized access, alteration, or disclosure.

9. Rights Under the FCRA

Under the Fair Credit Reporting Act, you have the right to:

• Be told if information in your file has been used against you
• Request and obtain a free copy of your credit report from each credit reporting agency once every 12 months
• Dispute incomplete or inaccurate information and request corrections
• Know your credit score if it is used in a decision regarding your loan
• Place fraud alerts or credit freezes on your credit files in the case of suspected identity theft

To learn more about your rights under the FCRA, visit the Federal Trade Commission’s website at https://www.consumer.ftc.gov.

10. Electronic Signature and Consent

By clicking “Submit”, “Continue”, or any similar button on the Lender Compare App, you acknowledge that:

• You have read and understood this Credit Authorization in full
• You are providing “written instructions” under the FCRA authorizing Lender Compare Network LLC and its Lending Partners to obtain consumer report(s) on your behalf
• You consent to the use of electronic signatures and disclosures in accordance with the Electronic Signatures in Global and National Commerce Act (E-SIGN Act)

11. Contact Information

If you have questions or concerns about this Authorization or our use of your credit information, please contact us:

Lender Compare Network LLC
Email: support@lendercomparenetwork.top
Support Hours: Monday–Friday, 9:00 AM – 5:00 PM EST