Credit Fetcher definition

Credit Fetcher means that software component of the Licensed Software which: (i) facilitates the retrieval of a consumer report from a "consumer reporting agency," as defined in the FCRA, with which Licensee has a direct independent contractual relationship; and (ii) acts solely as an interface between Licensee and such consumer reporting agency in the process of obtaining a consumer report upon Licensee's request.
View Source

Examples of Credit Fetcher in a sentence

  • Such agreement(s) shall govern the use of any and all consumer reports obtained electronically through the use of the Credit Fetcher function of the Licensed Software.

  • Notwithstanding the above, if Licensee uses the Licensed Software, including the Credit Fetcher function, with respect to a mortgage loan which is not subsequently delivered to ▇▇▇▇▇▇ Mae, then ▇▇▇▇▇▇ ▇▇▇ may retain all such data obtained but will use such data solely for the purposes of (i) assisting ▇▇▇▇▇▇ Mae in diagnosing or correcting an Incident, (ii) preparing billing statements for Licensee's use of the Licensed Software, and (iii) evaluating the performance of the Licensed Software.

  • Licensee hereby certifies and warrants that any request for and/or use of consumer reports obtained through the Credit Fetcher function shall be strictly for "permissible purposes," as defined in Section 604 of the FCRA, and for no other purpose and shall in all other respects comply with the requirements of the FCRA.