Credit Reporting Services Clause Samples

Credit Reporting Services. Applicant/Buyer and Guarantor acknowledge and agree that Creditor may utilize outside credit reporting services to obtain information on the Applicant/Buyer and the Guarantor. In the event that the Applicant/Buyer and/or the Guarantor is/are individual(s), the signing of the Credit Application shall constitute authorization to Creditor to utilize consumer credit reporting agencies to provide reports on said individual(s) in order to permit Creditor to appropriately evaluate the extension of any business credit.