Common use of CONSENT TO CREDIT AND INCOME VERIFICATION; CREDIT REPORTING; OBLIGOR INFORMATION Clause in Contracts

CONSENT TO CREDIT AND INCOME VERIFICATION; CREDIT REPORTING; OBLIGOR INFORMATION. (a) In connection with the provision of the Program or Training and by entering into this Agreement, you authorise Company to obtain your credit report, verify the information that you provide to the Company, and gather such additional information that Company reasonably determines to help assess and understand your ability to perform your obligations under this Agreement. You understand that Company may verify your information and obtain additional information using a number of sources, including but not limited to, consumer reporting agencies, third party databases, past and present employers, other school registrars, public sources, and personal references provided by you. Upon your request, you will be notified whether or not Company obtained your credit report and, if so, the name and address of the consumer reporting agency that furnished the report. You further authorise Company to share your credit report and information therein with its assigns or affiliates (including but not limited to its parents, investors, and lenders) for the purposes discussed in this agreement, which Company will do using reasonable data security procedures. You may elect not to allow Company to share your credit report and information therein by emailing an opt-out notice to xxxxx@xxxxxxxxxxxxxxxxxxxxx.xxx (or such other email address as Company may provide to you from time to time) within thirty (30) days after the Effective Date. (b) You authorize the Company and its agents to report information about this Agreement to Credit bureaus. Although this Agreement is not "credit," we may inform credit bureaus about your positive payment behavior when you make payments as agreed. However, this also means that late payments, missed payments, or other breaches of this Agreement may be reflected in your credit report. (c) You authorize the Company to use any and all information provided by you, and any data derived from such information, for any purpose, including, without limitation, creation of any additional products or services derived therefrom. You disclaim any proprietary or monetary interest in any such additional products or services.

Appears in 2 contracts

Samples: Income Share Agreement, Income Share Agreement

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CONSENT TO CREDIT AND INCOME VERIFICATION; CREDIT REPORTING; OBLIGOR INFORMATION. (a) a. In connection with the provision of the Program or Amount Financed for the Training Course defined herein, and by entering into this Agreement, you authorise authorize the Company and/or Processing Agents to obtain your credit report, verify the information that you provide to the CompanyCompany and/or Processing Agents, and gather such additional information that the Company and/or Processing Agents reasonably determines necessary to help assess and understand your ability to perform your obligations under this Agreement. You understand that the Company or Processing Agents may verify your information and obtain additional information using a number of sources, including but not limited to, consumer reporting agencies, third party databases, past and present employers, other school registrars, public sources, and personal references provided by you. Upon your request, you will be notified whether or not the Company obtained your credit report and, if so, the name and address of the consumer reporting agency that furnished the report. You further authorise authorize the Company to share your credit report and information therein with its assigns or affiliates (including but not limited to its parents, investors, and lenders) for the purposes discussed in this agreement), which the Company will do using reasonable data security procedures. You may elect not to allow Company to share your credit report and information therein by emailing an opt-out notice to xxxxx@xxxxxxxxxxxxxxxxxxxxx.xxx (or such other email address as Company may provide to you from time to time) within thirty (30) days after the Effective Date. (b) b. You authorize the Company and its agents Processing Agents (including, but not limited to, Stride) to report information about this Agreement to Credit credit bureaus. Although this Agreement is not "credit," we We may inform credit bureaus about your positive payment behavior when you make payments as agreed. However, this also means that late payments, missed payments, or other breaches of this Agreement may be reflected in your credit report. As of the Effective Date hereof, the Company is not reporting your behaviors under this Agreement to credit reporting agencies. If, at any point during this Agreement, a credit reporting agency accepts reporting of consumer behaviors under income share agreements such as this Agreement, it is the Company's intent to report your behaviors under this Agreement to the credit reporting agencies. (c) c. You authorize the Company and Processing Agents to use any and all information provided by you, and any data derived from such information, for any purpose, including, without limitation, creation of any additional products or services derived therefrom. You disclaim any proprietary or monetary interest in any such additional products or services.

Appears in 1 contract

Samples: Income Share Agreement

CONSENT TO CREDIT AND INCOME VERIFICATION; CREDIT REPORTING; OBLIGOR INFORMATION. (a) In connection with the provision of the Program or Amount Financed for the Training Course defined herein, and by entering into this Agreement, you authorise authorize Company and/or Processing Agents to obtain your credit report, verify the information that you provide to the CompanyCompany and/or Processing Agents, and gather such additional information that Company and/or Processing Agents reasonably determines necessary to help assess and understand your ability to perform your obligations under this Agreement. You understand that Company or Processing Agents may verify your information and obtain additional information using a number of sources, including but not limited to, consumer reporting agencies, third party databases, past and present employers, other school registrars, public sources, and personal references provided by you. Upon your request, you will be notified whether or not Company obtained your you credit report and, if so, the name and address of the consumer reporting agency that furnished the report. You further authorise authorize Company to share your credit report and information therein with its assigns or affiliates (including but not limited to its parents, investors, and lenders) for the purposes discussed in this agreement), which Company will do using reasonable data security procedures. You may elect not to allow Company to share your credit report and information therein by emailing an opt-out notice to xxxxx@xxxxxxxxxxxxxxxxxxxxx.xxx (or such other email address as Company may provide to you from time to time) within thirty (30) days after the Effective Date. (b) You authorize the Company and its agents Processing Agents (including, but not limited to, Company) to report information about this Agreement to Credit credit bureaus. Although this Agreement is not "credit," we We may inform credit bureaus about your positive payment behavior when you make payments as agreed. However, this also means that late payments, missed payments, or other breaches of this Agreement may be reflected in your credit report. (c) . As of the Effective Date hereof, the Company is not reporting your behaviors under this Agreement to credit reporting agencies. If, at any point during this Agreement, a credit reporting agency accepts reporting of consumer behaviors under income share agreements such as this Agreement, it is the Company’s intent to report your behaviors under this Agreement to the credit reporting agencies. You authorize the Company and Processing Agents to use any and all information provided by you, and any data derived from such information, for any purpose, including, without limitation, creation of any additional products or services derived therefrom. You disclaim any proprietary or monetary interest in any such additional products or services.

Appears in 1 contract

Samples: Income Share Agreement

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CONSENT TO CREDIT AND INCOME VERIFICATION; CREDIT REPORTING; OBLIGOR INFORMATION. (a) a. In connection with the provision of the Program or Training and by entering into this Agreement, you authorise authorize Company or Leif to obtain your credit report, verify the information that you provide to the Company, and gather such additional information that Company or Leif reasonably determines to help assess and understand your ability to perform your obligations under this Agreement. You understand that Company or Leif may verify your information and obtain additional information using a number of sources, including but not limited to, consumer reporting agencies, third party databases, past and present employers, other school registrars, public sources, and personal references provided by you. Upon your request, you will be notified whether or not Company or Leif obtained your you credit report and, if so, the name and address of the consumer reporting agency that furnished the report. You further authorise authorize Company or Leif to share your credit report and information therein with its assigns or affiliates (including but not limited to its parents, investors, and lenders) for the purposes discussed in this agreement), which Company or Leif will do using reasonable data security procedures. You may elect not to allow Company to share your credit report and information therein by emailing an opt-out notice to xxxxx@xxxxxxxxxxxxxxxxxxxxx.xxx (or such other email address as Company may provide to you from time to time) within thirty (30) days after the Effective Date. (b) b. You authorize the Company and its agents (including, but not limited to, Leif) to report information about this Agreement to Credit credit bureaus. Although this Agreement is not "credit," we may inform credit bureaus about your positive payment behavior when you make payments as agreed. However, this also means that late payments, missed payments, or other breaches of this Agreement may be reflected in your credit report. (c) c. You authorize the Company to use any and all information provided by you, and any data derived from such information, for any purpose, including, without limitation, creation of any additional products or services derived therefrom. You disclaim any proprietary or monetary interest in any such additional products or services.

Appears in 1 contract

Samples: Income Share Agreement

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