Credit Report Authorization

As part of the online application process for a loan with Texell Credit Union (“Texell”), we request your authorization to pull your credit report. You understand that by applying for a Texell loan and clicking on the appropriate disclosure, you are providing "written instructions" to Texell under the Fair Credit Reporting Act authorizing Texell to obtain information from your personal credit profile or other information from one or more consumer reporting agencies.

You authorize Texell to verify information in your application, and you agree that Texell may contact third parties to verify any such information. Texell may use your consumer reports to authenticate your identity, to make credit decisions, and for related purposes. You authorize Texell to obtain consumer reports each time you request a loan, during the processing or closing of a loan to you, or at various times during the term of your loan in connection with the servicing, monitoring, collection or enforcement of the loan.

You further acknowledge that Texell may report credit data on your loan to credit reporting agencies. Texell agrees that any information furnished will be accurate. You understand that the credit pull and reporting on your loan may affect your credit score with Experian, Equifax, or Transunion.

Thank you!