Credit Profile Authorization

As part of your application with Fraternitas LLC, dba loMsy (“loMsy”), we ask for your authorization to pull your credit report from one or more credit reporting agencies. By applying for a loan with loMsy and clicking on the corresponding disclosure, you understand you are providing written instructions to loMsy to obtain information from your personal credit profile or other information from one or more consumer reporting agencies, in compliance under the Fair Credit Reporting Act.

You authorize loMsy to verify the accuracy of information in your application, to contact third parties to verify said information, to authenticate your identity, to make credit decisions, to administer any lawful transactions associated with your loan related instruments and Note(s), including assignment of your loans, and for related purposes.

You authorize loMsy to obtain consumer reports each time you request a loan, during the processing or closing of a loan to you, and at times during the term of your loan in connection with the servicing, monitoring, collection or enforcement of the loan or the resale or potential resale of any note associated with the loan.

You acknowledge that loMsy may report information about your loan to one or more credit reporting agencies. loMsy agrees that any information furnished and reported will be accurate. You understand that the credit pulls and reporting on the loans you have with loMsy can affect your credit score with one or more credit reporting agencies.