Credit Profile Authorization Agreement
EFFECTIVE DATE: December 10, 2024
Please read this authorization carefully, and print or save a copy for future reference.
Summary
This Credit Profile Authorization Agreement acknowledges granting your permission to obtain your credit report and other information from credit bureaus and other third party information services. As is described below, we may use this information to process your loan application to Fortify, to verify information that you provide to us, and to provide non-personally identifiable information about you to potential investors of your loan. You should carefully read this agreement in its entirety.
REQUIREMENTS
In this Credit Profile Authorization ("Authorization"), the words "you" and "your" mean any user or person authorizing us to obtain and use such person's consumer reports, as described below. The words "we," "us," and "our" mean Fortify Education Inc ("Fortify") and any of Fortify's service providers ("Service Providers"), or third-party investors and holders of your loan with whom Fortify may partner and share your application information ("Investors").
Pursuant to this Authorization, you consent to Fortify, its Service Providers, and Investors obtaining and using your consumer reports for any lawful purpose, including but not limited to: (1) authenticating your identity; (2) making credit decisions; (3) marketing products and services from us or a third party; (4) assisting with internal modeling and analysis; (5) servicing your loan; and (6) facilitating the sale of your loan or interests associated with your loan (or portions thereof) to third-party loan investors, and for related purposes. In connection with these purposes, you authorize us to share all or parts of your consumer reports with agents, partners, counterparties, or affiliates.
If you apply for a loan from Fortify, you may see a "soft" inquiry placed on your credit report by Fortify. Soft inquiries are only visible to you and do not impact your credit score.
You direct Fortify to provide on your behalf certain elements of your application, as well as consumer report information, but not including your name, to Service Providers or Investors to use this information (1) in making decisions whether to commit funds to purchase your loan and/or securities or other interests associated with your loan (or portions thereof), or (2) in connection with reviewing and analyzing your loan. Such decisions, in turn, may assist Fortify in making decisions related to your loan. You also authorize Fortify to provide such information to Investors in connection with the sale or resale of your loan and securities or other interests associated with your loan (or portions thereof). You also authorize Investors to share with Fortify your consumer report and other information they may separately obtain about you.
You also authorize us to verify information in your application, and you agree that we may contact third parties to verify any such information.
You authorize and agree that we may transfer or otherwise provide your credit report or any information contained therein to any of our successors-in-interest or any purchaser or servicer of your issued loan, whether in whole or in part.
CONSENT
By selecting the checkbox displayed in connection with acknowledging and/or agreeing to this Authorization (or by otherwise taking an affirmative action indicating your agreement to this Authorization), you agree that:
You have received, read, and agree to all of the terms of this Authorization; and
You authorize us to obtain and use consumer reports and related information about you, now and periodically for as long as you remain a customer of us, from one or more consumer reporting agencies, as described above.
