Credit Authorization

Credit Authorization

You understand and agree that you are authorizing LendingPoint to obtain consumer reports and related information about you from one or more consumer reporting agencies, such as TransUnion and Experian. You also authorize LendingPoint to verify information in your application by contacting third parties to verify and share such information. You authorize LendingPoint to use your consumer reports to authenticate your identity, to make credit decisions, and for other related purposes, including marketing, refinancing, or other product offerings.

You expressly authorize LendingPoint and its affiliates, to share among them any of the transaction history related to financial products or services provided by or through LendingPoint or serviced by LendingPoint for the purpose of evaluating you for credit.

USA PATRIOT Act Notice: Important Information About Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

2. The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning FinWise Bank is the FDIC Consumer Response Center, 1100 Walnut Street, Box #11, Kansas City, MO 64106. The federal agency that administers compliance with this law concerning Coastal Community Bank is the Federal Reserve Consumer Help Center, P.O. Box 1200, Minneapolis, MN 55480. The federal agency that administers compliance with this law for LendingPoint is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.

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LendingPoint's NMLS #1424139 Visit NMLS Consumer Access