Credit Bureau Attributes Clause Samples

Credit Bureau Attributes. The PortfolioRevue Service is accompanied by interfaces to Equifax, Experian and Trans Union (collectively, “Credit Repositories”) and their respective credit bureau attributes (“Credit Bureau Attributes”). An interface will only be enabled for each Credit Repository for which Client has executed a separate and distinct agreement for access to the Credit Bureau Attributes. If Client chooses to utilize the Credit Bureau Attributes, Client shall pay a monthly fee to FIS for each month in which at least one individual credit bureau is requested (“Credit Bureau Transaction”) by Client as follows: (PID # 224877) FIS initials & date: _____________________ Client initials & date: _____________________ Page 32 of 34 The aforementioned fees are over and above any fees Client must pay the Credit Repositories for Credit Bureau Attributes. For purposes of clarification, if a Loan includes a co-signer and Credit Bureau Attributes are accessed for both the primary borrower and the co-signer that will count as two transactions. Likewise, if the configuration requires that two Credit Bureau Attributes (e.g. Experian and Trans Union) be accessed for a Loan and there is no co-signer that will count as two transactions.