Common use of Authorization to Obtain Credit Report Clause in Contracts

Authorization to Obtain Credit Report. You authorize us to obtain a credit report from one or more consumer credit reporting agencies. We may use the credit report for any lawful purpose, including but not limited to (i) for authentication purposes, to make sure you are who you say you are, (ii) to determine how much debt you currently have, in order to determine your debt-to-income ratio, (iii) to obtain your credit score and assign you a Prosper Rating based in part on that score, (iv) to obtain and display certain information and characteristics from your credit report from one or more consumer credit reporting agencies, including but not limited to the number, age, type and status of the credit lines currently being reported, public records (such as bankruptcies and judgments) and mortgage loans appearing on your credit report, and the number of your recent requests for credit, and (v) to obtain and display on the Folio Investing Note Trader platform certain information and characteristics from your credit report from one or more consumer credit reporting agencies at any time or times that a Borrower Payment Dependent Note corresponding to your loan is offered for sale by lenders holding such Notes. Information from your credit report will be displayed on the Prosper website with your listings. You authorize us to verify information in your credit report, and you agree that Prosper may contact third parties to verify any such information. We will obtain your credit report each time you post a listing, except that we may not obtain a new credit report when you post listings within thirty (30) days following the posting of an earlier listing.

Authorization to Obtain Credit Report. You By registering on the platform as a borrower, you authorize us or our agents (including PMI), to obtain a credit report from one or more consumer credit reporting agencies. We may use the credit report for any lawful purposepurpose that would be authorized by applicable law in connection with a credit transaction involving you and involving the extension of credit to you or review or collection of your account, including but not limited to (i) for authentication purposes, to make sure you are who you say you are, (ii) to make credit decisions; (iii) to administer the sale of Borrower Payment Dependent Notes ("Notes") associated with your loan; (iv) to determine how much debt you currently have, in order to determine your debt-to-income ratio, (iiiv) to obtain your credit score and assign you a Prosper Rating based in part on that score, (ivvi) to obtain and display certain information and characteristics from your credit report from one or more consumer credit reporting agencies, including but not limited to the number, age, type and status of the credit lines currently being reported, public records (such as bankruptcies and judgments) and mortgage loans appearing on your credit report, and the number of your recent requests for credit, and (vvii) to obtain and display on the Folio Investing Note Trader platform certain information and characteristics from your credit report from one or more consumer credit reporting agencies at any time or times that a Borrower Payment Dependent Note corresponding to your loan is offered for sale by lenders holding such Notes. Information from your credit report will be displayed on the Prosper website with your listingslisting. You authorize us to verify information in your credit reportreport and your listing, and you agree that Prosper, WebBank or PMI (in its capacity as agent of Prosper or WebBank) may contact third parties without further notice to you to verify any such information. We will may obtain your credit report each time you post create a listing, except listing and at any other time that we may not obtain a new credit report when you post listings within thirty (30) days following the posting of an earlier listingdeem it necessary in our sole discretion.

Authorization to Obtain Credit Report. You By registering on the platform as a borrower, you authorize us to obtain a credit report from one or more consumer credit reporting agencies. We may use the credit report for any lawful purposepurpose that would be authorized by applicable law in connection with a credit transaction involving you and involving the extension of credit to you or review or collection of your account, including but not limited to (i) for authentication purposes, to make sure you are who you say you are, (ii) to make credit decisions; (iii) to administer the sale of Borrower Payment Dependent Notes ("Notes") associated with your loan; (iv) to determine how much debt you currently have, in order to determine your debt-to-income ratio, (iiiv) to obtain your credit score and assign you a Prosper Rating based in part on that score, (ivvi) to obtain and display certain information and characteristics from your credit report from one or more consumer credit reporting agencies, including but not limited to the number, age, type and status of the credit lines currently being reported, public records (such as bankruptcies and judgments) and mortgage loans appearing on your credit report, and the number of your recent requests for credit, and (vvii) to obtain and display on the Folio Investing Note Trader platform certain information and characteristics from your credit report from one or more consumer credit reporting agencies at any time or times that a Borrower Payment Dependent Note corresponding to your loan is offered for sale by lenders holding such Notes. Information from your credit report will be displayed on the Prosper website with your listingslisting. You authorize us to verify information in your credit reportreport and your listing, and you agree that Prosper or WebBank may contact third parties without further notice to you to verify any such information. We will may obtain your credit report each time you post create a listing, except listing and at any other time that we may not obtain a new credit report when you post listings within thirty (30) days following the posting of an earlier listingdeem it necessary in our sole discretion.

Authorization to Obtain Credit Report. You By registering on the platform as a borrower, you authorize us or our agents to obtain a credit report from one or more consumer credit reporting agencies. We may use the credit report for any lawful purposepurpose that would be authorized by applicable law in connection with a credit transaction involving you and involving the extension of credit to you or review or collection of your account, including but not limited to (i) for authentication purposes, to make sure you are who you say you are, ; (ii) to make credit decisions; (iii) to administer the sale of Borrower Payment Dependent Notes ("Notes") associated with your loan; (iv) to determine how much debt you currently have, in order to determine your debt-to-income ratio, ; (iiiv) to obtain your credit score and assign you a Prosper Rating based in part on that score, ; (ivvi) to obtain and display certain information and characteristics from your credit report from one or more consumer credit reporting agencies, including but not limited to the number, age, type and status of the credit lines currently being reported, public records (such as bankruptcies and judgments) and mortgage loans appearing on your credit report, and the number of your recent requests for credit, ; and (vvii) to obtain and display on our secondary trading platform (the Folio Investing "Note Trader platform platform") certain information and characteristics from your credit report from one or more consumer credit reporting agencies at any time or times that a Borrower Payment Dependent Note corresponding to your loan is offered for sale by lenders holding such Notes. Information from your credit report will be displayed on the Prosper website with your listingslisting. You authorize us to verify information in your credit reportreport and your listing, and you agree that Prosper we may contact third parties without further notice to you to verify any such information. We will may obtain your credit report each time you post create a listing, except listing and at any other time that we may not obtain a new credit report when you post listings within thirty (30) days following the posting of an earlier listingdeem it necessary in our sole discretion.

Authorization to Obtain Credit Report. You By registering on the platform as a borrower, you authorize us to obtain a credit report from one or more consumer credit reporting agencies. We may use the credit report for any lawful purposepurpose that would be authorized by applicable law in connection with a credit transaction involving you and involving the extension of credit to you or review or collection of your account, including but not limited to (i) for authentication purposes, to make sure you are who you say you are, (ii) to make credit decisions; (iii) to administer the sale of Borrower Payment Dependent Notes (“Notes”) associated with your loan; (iv) to determine how much debt you currently have, in order to determine your debt-to-income ratio, (iiiv) to obtain your credit score and assign you a Prosper Rating based in part on that score, (ivvi) to obtain and display certain information and characteristics from your credit report from one or more consumer credit reporting agencies, including but not limited to the number, age, type and status of the credit lines currently being reported, public records (such as bankruptcies and judgments) and mortgage loans appearing on your credit report, and the number of your recent requests for credit, and (vvii) to obtain and display on the Folio Investing Note Trader platform certain information and characteristics from your credit report from one or more consumer credit reporting agencies at any time or times that a Borrower Payment Dependent Note corresponding to your loan is offered for sale by lenders holding such Notes. Information from your credit report will be displayed on the Prosper website with your listings. You authorize us to verify information in your credit reportreport and your listing, and you agree that Prosper or WebBank may contact third parties without further notice to you to verify any such information. We will may obtain your credit report each time you post create a listing, except listing and at any other time that we may not obtain a new credit report when you post listings within thirty (30) days following the posting of an earlier listingdeem it necessary in our sole discretion.

Authorization to Obtain Credit Report. You authorize us Prosper to obtain a credit report from one or more the Experian consumer credit reporting agenciesagency. We may use Prosper uses the credit report for any lawful purpose, including but not limited to (i) for authentication purposes, to make sure you are who you say you are, (ii) to determine how much non-mortgage debt you currently have, in order to determine your debt-to-income ratio, (iii) to obtain your Experian Scorex PLUSsm credit score and assign you a Prosper Rating Credit Grade based in part on that score, and (iv) to obtain identify and display certain information and characteristics from your credit report from one or more consumer credit reporting agenciesprofile, including but not limited to the number, age, type and status of the credit lines currently being reported, public records (such as bankruptcies and judgments) and mortgage loans appearing on your credit report, and the number of your recent requests for credit, and (v) to obtain and display on the Folio Investing Note Trader platform certain information and characteristics from your credit report from one or more consumer credit reporting agencies at any time or times that a Borrower Payment Dependent Note corresponding to your loan is offered for sale by lenders holding such Notes. Information from your credit report will be displayed on the Prosper website with your listings. You authorize us Prosper to verify information in your credit report, and you agree that Prosper may contact third parties to verify any such information. We Prosper will obtain your credit report each time you post a listing, except that we may Prosper will not obtain a new credit report when you post listings within thirty (30) days following the posting of an earlier listing.

Authorization to Obtain Credit Report. You authorize us to obtain a credit report from one or more consumer credit reporting agencies. We may use the credit report for any lawful purpose, including but not limited to (i) for authentication purposes, to make sure you are who you say you are, (ii) to determine how much debt you currently have, in order to determine your debt-to-income ratio, (iii) to obtain your credit score and assign you a Prosper Rating based in part on that score, (iv) to obtain and display certain information and characteristics from your credit report from one or more consumer credit reporting agencies, including but not limited to the number, age, type and status of the credit lines currently being reported, public records (such as bankruptcies and judgments) and mortgage loans appearing on your credit report, and the number of your recent requests for credit, and (v) to obtain and display on the Folio Investing Note Trader platform certain information and characteristics from your credit report from one or more consumer credit reporting agencies at any time or times that a Borrower Payment Dependent Note corresponding to your loan is offered for sale by lenders holding such Notes. Information from your credit report will be displayed on the Prosper website with your listings. You authorize us to verify information in your credit report, and you agree that Prosper Pxxxxxx may contact third parties to verify any such information. We will obtain your credit report each time you post a listing, except that we may not obtain a new credit report when you post listings within thirty (30) days following the posting of an earlier listing.