This Credit Authorization applies when you submit a loan request through the WY Finance App or uniontrustfinance.com, operated by UNION WY FINANCE COMPANY LLC ("WY Finance"). WY Finance is not a lender and does not obtain consumer credit reports to make credit decisions.
Comparing options does not affect your credit score
Submitting a request and reviewing matched offers through WY Finance does not result in a hard credit inquiry and does not affect your credit score. Some Providers may perform a soft inquiry to estimate whether they can make you an offer. Soft inquiries are visible only to you and do not affect your score.
Your authorization to Providers
By submitting a request, you give written instructions under the Fair Credit Reporting Act authorizing WY Finance to share your request with participating lenders and lending partners ("Providers"), and authorizing those Providers and their agents to:
Providers may use this information to evaluate your request, prevent fraud and, if you accept an offer, service and collect the loan.
- obtain consumer reports and other information about you from one or more consumer reporting agencies, including Equifax, Experian, TransUnion and specialty agencies;
- verify your identity, including your driver's license or state ID number and issuing state;
- verify your income, employment and pay schedule;
- verify your bank account, including your routing and account numbers, with your bank or a bank-verification service.
Hard credit inquiries
If you choose to proceed with a Provider's offer, the Provider may perform a hard credit inquiry before final approval. A hard inquiry is recorded on your credit report and may lower your credit score. Ask the Provider whether it will perform a hard inquiry before you continue with its offer.
Credit reporting by Providers
If you take a loan, the Provider may report your payment history to one or more credit bureaus. On-time payments may help your credit history. Late payments, missed payments or default may be reported and may lower your credit score.
How long this authorization lasts
This authorization remains in effect while your request is being reviewed and, if you take a loan, for the life of the loan. Each Provider's use of your information is also governed by its own privacy notice and loan agreement.
Your rights
Under the Fair Credit Reporting Act, you have the right to know what is in your credit file, to dispute inaccurate information and to be told if information in your credit report is used against you. If a Provider takes adverse action based on your credit report, it must send you an adverse action notice naming the consumer reporting agency it used. You can get free credit reports at AnnualCreditReport.com.
Questions about this authorization: help@uniontrustfinance.com. Questions about a credit check by a Provider should go to that Provider.
Contact
UNION WY FINANCE COMPANY LLC
201 W Lakeway Rd, Gillette, WY 82718-6305, United States
help@uniontrustfinance.com
Questions about this document? Contact support.