Common use of OBLIGATIONS OF USERS OF "PRESCREENED" LISTS Clause in Contracts

OBLIGATIONS OF USERS OF "PRESCREENED" LISTS. The FCRA permits creditors and insurers to obtain limited consumer report information for use in connection with unsolicited offers of credit or insurance under certain circumstances. Sections 603(l), 604(c), 604(e), and 615(d). This practice is known as "prescreening" and typically involves obtaining from a CRA a list of consumers who meet certain preestablished criteria. If any person intends to use prescreened lists, that person must (1) before the offer is made, establish the criteria that will be relied upon to make the offer and to grant credit or insurance, and (2) maintain such criteria on file for a three-year period beginning on the date on which the offer is made to each consumer. In addition, any user must provide with each written solicitation a clear and conspicuous statement that: •Information contained in a consumer's CRA file was used in connection with the transaction. •The consumer received the offer because he or she satisfied the criteria for credit worthiness or insurability used to screen for the offer. •Credit or insurance may not be extended if, after the consumer responds, it is determined that the consumer does not meet the criteria used for screening or any applicable criteria bearing on credit worthiness or insurability, or the consumer does not furnish required collateral. •The consumer may prohibit the use of information in his or her file in connection with future prescreened offers of credit or insurance by contacting the notification system established by the CRA that provided the report. The statement must include the address and toll-free telephone number of the appropriate notification system. In addition, once the Federal Trade Commission by rule has established the format, type size, and manner of the disclosure required by Section 615(d), users must be in compliance with the rule. The FTC’s regulations will be at xxx.xxx.xxx/xxxxxx.

OBLIGATIONS OF USERS OF "PRESCREENED" LISTS. The FCRA permits creditors and insurers to obtain limited consumer report information for use in connection with unsolicited offers of credit or insurance under certain circumstances. Sections 603(l), 604(c), 604(e), and 615(d). This practice is known as "prescreening" and typically involves obtaining from a CRA a list of consumers who meet certain preestablished criteria. If any person intends to use prescreened lists, that person must (1) before the offer is made, establish the criteria that will be relied upon to make the offer and to grant credit or insurance, and (2) maintain such criteria on file for a three-year period beginning on the date on which the offer is made to each consumer. In addition, any user must provide with each written solicitation a clear and conspicuous statement that: •Information • Information contained in a consumer's CRA file was used in connection with the transaction. •The • The consumer received the offer because he or she satisfied the criteria for credit worthiness or insurability used to screen for the offer. •Credit • Credit or insurance may not be extended if, after the consumer responds, it is determined that the consumer does not meet the criteria used for screening or any applicable criteria bearing on credit worthiness or insurability, or the consumer does not furnish required collateral. •The • The consumer may prohibit the use of information in his or her file in connection with future prescreened offers of credit or insurance by contacting the notification system established by the CRA that provided the report. The statement must include the address and toll-free telephone number of the appropriate notification system. In addition, once the Federal Trade Commission by rule Consumer Financial Protection Bureau has established the format, type size, and manner of the disclosure required by Section 615(d), with which users must be in compliance with the rulecomply. The FTC’s regulations will be at xxx.xxx.xxx/xxxxxxrelevant regulation is 12 CFR 1022.54.

OBLIGATIONS OF USERS OF "PRESCREENED" LISTS. The FCRA permits creditors and insurers to obtain limited consumer report information for use in connection with unsolicited offers of credit or insurance under certain circumstances. Sections 603(l603(1), 604(c), 604(e), and 615(d614(d). This practice is known as "“prescreening" ” and typically involves obtaining from a CRA a list of consumers from a CRA who meet certain preestablished criteria. If any person intends to use prescreened lists, that person must (1) before the offer is made, establish the criteria that will be relied upon to make the offer and to grant credit or insurance, and (2) maintain such criteria on file for a three-year period beginning on the date on which the offer is made to each consumer. In addition, any user must provide with each written solicitation a clear and conspicuous statement that: •Information • Information contained in a consumer's ’s CRA file was used in connection with the transaction. •The • The consumer received the offer because he or she satisfied the criteria for credit worthiness or insurability used to screen for the offer. •Credit • Credit or insurance may not be extended if, after the consumer responds, it is determined that the consumer does not meet the criteria used for screening or any applicable criteria bearing on credit worthiness or insurability, or the consumer does not furnish required collateral. •The • The consumer may prohibit the use of information in his or her file in connection with future prescreened offers of credit or insurance by contacting the notification system established by the CRA that provided the report. The statement must include the address and toll-free telephone number of the appropriate notification system. In addition, once the Federal Trade Commission by rule Consumer Financial Protection Bureau has established the format, type size, and manner of the disclosure required by Section 615(d), with which users must be in compliance with the rulecomply. The FTC’s regulations will be at xxx.xxx.xxx/xxxxxxregulation is 12 CFR 1022.54.

OBLIGATIONS OF USERS OF "PRESCREENED" LISTS. The FCRA permits creditors and insurers to obtain limited consumer report information for use in connection with unsolicited offers of credit or insurance under certain circumstances. Sections 603(l), 604(c), 604(e), and 615(d). This practice is known as "prescreening" and typically involves obtaining from a CRA a list of consumers who meet certain preestablished criteria. If any person intends to use prescreened lists, that person must (1) before the offer is made, establish the criteria that will be relied upon to make the offer and to grant credit or insurance, and (2) maintain such criteria on file for a three-year period beginning on the date on which the offer is made to each consumer. In addition, any user must provide with each written solicitation a clear and conspicuous statement that: •Information • Information contained in a consumer's CRA file was used in connection with the transaction. •The • The consumer received the offer because he or she satisfied the criteria for credit worthiness or insurability used to screen for the offer. •Credit • Credit or insurance may not be extended if, after the consumer responds, it is determined that the consumer does not meet the criteria used for screening or any applicable criteria bearing on credit worthiness or insurability, or the consumer does not furnish required collateral. •The • The consumer may prohibit the use of information in his or her file in connection with future prescreened offers of credit or insurance by contacting the notification system established by the CRA that provided the report. The statement must include the address and toll-free telephone number of the appropriate notification system. In addition, once the Federal Trade Commission by rule CFPB has established the format, type size, and manner of the disclosure required by Section 615(d), with which users must be in compliance with the rulecomply. The FTC’s regulations will be at xxx.xxx.xxx/xxxxxxrelevant regulation is 12 CFR 1022.54.

OBLIGATIONS OF USERS OF "PRESCREENED" LISTS. The FCRA permits creditors and insurers to obtain limited consumer report information for use in connection with unsolicited offers of credit or insurance under certain circumstances. Sections 603(l), 604(c), 604(e), and 615(d). This practice is known as "prescreening" and typically involves obtaining from a CRA a list of consumers who meet certain preestablished pre-established criteria. If any person intends to use prescreened lists, that person must (1) before the offer is made, establish the criteria that will be relied upon to make the offer and to grant credit or insurance, and (2) maintain such criteria on file for a three-year period beginning on the date on which the offer is made to each consumer. In addition, any user must provide with each written solicitation a clear and conspicuous statement that: •Information  Information contained in a consumer's CRA file was used in connection with the transaction. •The  The consumer received the offer because he or she satisfied the criteria for credit worthiness or insurability used to screen for the offer. •Credit  Credit or insurance may not be extended if, after the consumer responds, it is determined that the consumer does not meet the criteria used for screening or any applicable criteria bearing on credit worthiness or insurability, or the consumer does not furnish required collateral. •The  The consumer may prohibit the use of information in his or her file in connection with future prescreened offers of credit or insurance by contacting the notification system established by the CRA that provided the report. The statement must include the address and toll-free telephone number of the appropriate notification system. In addition, once the Federal Trade Commission by rule CFPB has established the format, type size, and manner of the disclosure required by Section 615(d), with which users must be in compliance with the rulecomply. The FTC’s regulations will be at xxx.xxx.xxx/xxxxxxrelevant regulation is 12 CFR 1022.54.

OBLIGATIONS OF USERS OF "PRESCREENED" LISTS. The FCRA permits creditors and insurers to obtain limited consumer report information for use in connection with unsolicited offers of credit or insurance under certain circumstances. Sections 603(l), 604(c), 604(e), and 615(d). This practice is known as "prescreening" and typically involves obtaining from a CRA a list of consumers who meet certain preestablished criteria. If any person intends to use prescreened lists, that person must (1) before the offer is made, establish the criteria that will be relied upon to make the offer and to grant credit or insurance, and (2) maintain such criteria on file for a three-year period beginning on the date on which the offer is made to each consumer. In addition, any user must provide with each written solicitation a clear and conspicuous statement that: •Information • Information contained in a consumer's CRA file was used in connection with the transaction. •The • The consumer received the offer because he or she satisfied the criteria for credit worthiness or insurability used to screen for the offer. •Credit • Credit or insurance may not be extended if, after the consumer responds, it is determined that the consumer does not meet the criteria used for screening or any applicable criteria bearing on credit worthiness or insurability, or the consumer does not furnish required collateral. •The • The consumer may prohibit the use of information in his or her file in connection with future prescreened offers of credit or insurance by contacting the notification system established by the CRA that provided the report. The statement must include the address and toll-free telephone number of the appropriate notification system. In addition, once the Federal Trade Commission by rule CFPB has established the format, type size, and manner of the disclosure required by Section 615(d), with which users must be in compliance with the rulecomply. The FTC’s regulations will be at xxx.xxx.xxx/xxxxxxrelevant regulation is 12 CFR 1022.54.

OBLIGATIONS OF USERS OF "PRESCREENED" LISTS. The FCRA permits creditors and insurers to obtain limited consumer report information for use in connection with unsolicited offers of credit or insurance under certain circumstances. Sections 603(l), 604(c), 604(e), and 615(d). This practice is known as "‘‘prescreening" ’’ and typically involves obtaining from a CRA a list of consumers who meet certain preestablished pre-established criteria. If any person intends to use prescreened lists, that person must (1) before the offer is made, establish the criteria that will be relied upon to make the offer and to grant credit or insurance, and (2) maintain such criteria on file for a three-three- year period beginning on the date on which the offer is made to each consumer. In addition, any user must provide with each written solicitation a clear and conspicuous statement that: •Information • Information contained in a consumer's ’s CRA file was used in connection with the transaction. •The • The consumer received the offer because he or she satisfied the criteria for credit worthiness or insurability used to screen for the offer. •Credit • Credit or insurance may not be extended if, after the consumer responds, it is determined that the consumer does not meet the criteria used for screening or any applicable criteria bearing on credit worthiness or insurability, or the consumer does not furnish required collateral. •The • The consumer may prohibit the use of information in his or her file in connection with future prescreened offers of credit or insurance by contacting the notification system established by the CRA that provided the report. The statement must include the address and toll-free telephone number of the appropriate notification system. In addition, once the Federal Trade Commission by rule CFPB has established the format, type size, and manner of the disclosure required by Section 615(d), with which users must be in compliance with the rulecomply. The FTC’s regulations will be at xxx.xxx.xxx/xxxxxxrelevant regulation is 12 CFR 1022.54.

OBLIGATIONS OF USERS OF "PRESCREENED" LISTS. The FCRA permits creditors and insurers to obtain limited consumer report information for use in connection with unsolicited offers of credit or insurance under certain circumstances. Sections 603(l), 604(c), 604(e), and 615(d). This practice is known as "“prescreening" ” and typically involves obtaining from a CRA a list of consumers who meet certain preestablished criteria. If any person intends to use prescreened lists, that person must (1) before the offer is made, establish the criteria that will be relied upon to make the offer and to grant credit or insurance, and (2) maintain such criteria on file for a three-year period beginning on the date on which the offer is made to each consumer. In addition, any user must provide with each written solicitation a clear and conspicuous statement that: •Information ● Information contained in a consumer's CRA file was used in connection with the transaction. •The ● The consumer received the offer because he or she satisfied the criteria for credit worthiness or insurability used to screen for the offer. •Credit ● Credit or insurance may not be extended if, after the consumer responds, it is determined that the consumer does not meet the criteria used for screening or any applicable criteria bearing on credit worthiness or insurability, or the consumer does not furnish required collateral. •The ● The consumer may prohibit the use of information in his or her file in connection with future prescreened offers of credit or insurance by contacting the notification system established by the CRA that provided the report. The statement must include the address and toll-free telephone number of the appropriate notification system. In addition, once the Federal Trade Commission by rule CFPB has established the format, type size, and manner of the disclosure required by Section 615(d), with which users must be in compliance with the rulecomply. The FTC’s regulations will be at xxx.xxx.xxx/xxxxxxrelevant regulation is 12 CFR 1022.54.

OBLIGATIONS OF USERS OF "PRESCREENED" LISTS. The FCRA permits creditors and insurers to obtain limited consumer report information for use in connection with unsolicited offers of credit or insurance under certain circumstances. Sections 603(l), 604(c), 604(e), and 615(d). This practice is known as "prescreening" and typically involves obtaining from a CRA a list of consumers who meet certain preestablished criteria. If any person intends to use prescreened lists, that person must (1) before the offer is made, establish the criteria that will be relied upon to make the offer and to grant credit or insurance, and (2) maintain such criteria on file for a three-year period beginning on the date on which the offer is made to each consumer. In addition, any user must provide with each written solicitation a clear and conspicuous statement that: •Information D Information contained in a consumer's CRA file was used in connection with the transaction. •The D The consumer received the offer because he or she satisfied the criteria for credit worthiness or insurability used to screen for the offer. •Credit D Credit or insurance may not be extended if, after the consumer responds, it is determined that the consumer does not meet the criteria used for screening or any applicable criteria bearing on credit worthiness or insurability, or the consumer does not furnish required collateral. •The D The consumer may prohibit the use of information in his or her file in connection with future prescreened offers of credit or insurance by contacting the notification system established by the CRA that provided the report. The statement must include the address and toll-free telephone number of the appropriate notification system. In addition, once the Federal Trade Commission by rule CFPB has established the format, type size, and manner of the disclosure required by Section 615(d), with which users must be in compliance with the rulecomply. The FTC’s regulations will be at xxx.xxx.xxx/xxxxxxrelevant regulation is 12 CFR 1022.54.

OBLIGATIONS OF USERS OF "PRESCREENED" LISTS. The FCRA permits creditors and insurers to obtain limited consumer report information for use in connection with unsolicited offers of credit or insurance under certain circumstances. Sections 603(l), 604(c), 604(e), and 615(d). This practice is known as "“prescreening" ” and typically involves obtaining from a CRA a list of consumers who meet certain preestablished criteria. If any person intends to use prescreened lists, that person must (1) before the offer is made, establish the criteria that will be relied upon to make the offer and to grant credit or insurance, and (2) maintain such criteria on file for a three-year period beginning on the date on which the offer is made to each consumer. In addition, any user must provide with each written solicitation a clear and conspicuous statement that: •Information • Information contained in a consumer's ’s CRA file was used in connection with the transaction. •The • The consumer received the offer because he or she satisfied the criteria for credit worthiness or insurability used to screen for the offer. •Credit • Credit or insurance may not be extended if, after the consumer responds, it is determined that the consumer does not meet the criteria used for screening or any applicable criteria bearing on credit worthiness or insurability, or the consumer does not furnish required collateral. •The • The consumer may prohibit the use of information in his or her file in connection with future prescreened offers of credit or insurance by contacting the notification system established by the CRA that provided the report. The statement must include the address and toll-free telephone number of the appropriate notification system. In addition, once the Federal Trade Commission by rule CFPB has established the format, type size, and manner of the disclosure required by Section 615(d), with which users must be in compliance with the rulecomply. The FTC’s regulations will be at xxx.xxx.xxx/xxxxxxrelevant regulation is 12 CFR 1022.54.

OBLIGATIONS OF USERS OF "PRESCREENED" LISTS. The FCRA permits creditors and insurers to obtain limited consumer report information for use in connection with unsolicited offers of credit or insurance under certain circumstances. Sections 603(l), 604(c), 604(e), and 615(d). This practice is known as "prescreening" and typically involves obtaining from a CRA a list of consumers who meet certain preestablished criteria. If any person intends to use prescreened lists, that person must (1) before the offer is made, establish the criteria that will be relied upon to make the offer and to grant credit or insurance, and (2) maintain such criteria on file for a three-year period beginning on the date on which the offer is made to each consumer. In addition, any user must provide with each written solicitation a clear and conspicuous statement that: •Information • Information contained in a consumer's CRA file was used in connection with the transaction. •The • The consumer received the offer because he or she satisfied the criteria for credit worthiness or insurability used to screen for the offer. •Credit • Credit or insurance may not be extended if, after the consumer responds, it is determined that the consumer does not meet the criteria used for screening or any • applicable criteria bearing on credit worthiness or insurability, or the consumer does not furnish required collateral. •The • The consumer may prohibit the use of information in his or her file in connection with future prescreened offers of credit or insurance by contacting the notification system established by the CRA that provided the report. The statement must include the address and toll-free telephone number of the appropriate notification system. In addition, once the Federal Trade Commission by rule CFPB has established the format, type size, and manner of the disclosure required by Section 615(d), with which users must be in compliance with the rulecomply. The FTC’s regulations will be at xxx.xxx.xxx/xxxxxxrelevant regulation is 12 CFR 1022.54.