CREDIT REPORTS definition

CREDIT REPORTS. You authorize us to obtain credit reports as we deem necessary for purposes of determining future credit opportunities with you and you authorize any person, association or corporation to furnish, on our request, credit reports. You also authorize us to furnish information concerning your Account(s) with us to credit reporting agencies.
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CREDIT REPORTS. By applying for this account, you agree that MidFirst Bank acting directly or through its 1st Century Bank division may obtain credit reports for purposes of processing your application and for later purposes related to your account such as increasing the credit line and for collection purposes. Upon your request, you will be informed of whether or not a credit report was requested and the name and address of the consumer reporting agency that furnished the report. You also authorize MidFirst Bank to verify your employment, income and other relevant information. NOTICE TO CARDHOLDERS AND AUTHORIZED USERS: We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report. IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT: To help the government fight the funding of terrorism and money laundering activities, the USA Patriot Act requires all financial institutions to obtain, verify, and record information that identifies each person (including business entities) who opens an account. What this means for you: When you open an account, we will ask for your name, physical address, date of birth, and other information that will allow us to identify you. We also may ask for other identifying documents. We will let you know if additional information is required. INFORMATION SHARING WITH VISA: We may share nonpublic personal information with VISA U.S.A., its Members, or their respective contractors for the purpose of providing Emergency Card Replacement or to meet other types of reporting requirements related to membership in the association. By signing the application and making purchases, you consent to the release of this information to VISA U.S.A., its Members, or their respective contractors for these purposes. A division of MidFirst Bank Page 3 SECURED CREDIT CARD APPLICATION DISCLOSURE MILITARY LENDING ACT: Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain ap...
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CREDIT REPORTS means credit bureau reports, or account information from similar services, and also includes references from other financial institutions with which you maintain or have maintained accounts or other banking or business relationships;
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Examples of CREDIT REPORTS in a sentence

  • Implement a GOVERNANCE PROCESS that contractually requires EQUIFAX reseller customers who receive consumer PERSONAL INFORMATION from EQUIFAX to maintain authentication protocols that do not allow consumers to access PERSONAL INFORMATION from EQUIFAX in connection with direct-to-consumer products and services, such as credit monitoring and CREDIT REPORTS using only a name in combination with a Social Security number.

  • THIS INFORMATION MAY INCLUDE BUT IS NOT LIMITED TO REQUESTS FOR TRANSCRIPTS, CREDIT REPORTS, MOTOR VEHICLE DRIVING RECORDS AND CRIMINAL REPORTS, ETC.

  • THE UNDERSIGNED HEREBY KNOWINGLY CONSENTS TO THE USE OF SUCH CREDIT REPORTS CONSISTENT WITH THE FEDERAL FAIR CREDIT REPORTING ACT AS CONTAINED IN 15 USC SEC.

  • IF THE APPLICANT IS NOT A CORPORATION, THE CREDITOR IS AUTHORIZED TO OBTAIN CREDIT REPORTS ON THE PROPRIETORS, PARTNERS OR PRINCIPALS.

  • A private consumer reporting agency [see CONSUMER CREDIT REPORTS, below].

  • Daily consumer CREDIT REPORT monitoring from each of the three Nationwide CONSUMER REPORTING AGENCIES (EIS, Experian, TransUnion) showing key changes to one or more of an AFFECTED CONSUMER’s CREDIT REPORTS, including automated alerts when the following occur: new accounts are opened; inquiries or requests for an AFFECTED CONSUMER’s CREDIT REPORT for the purpose of obtaining credit; changes to an AFFECTED CONSUMER’s address; and negative information, including delinquencies or bankruptcies.

  • CREDIT REPORTS SUFFER FROM UNACCEPTABLE RATES OF INACCURACY, ESPECIALLY FOR A PURPOSE AS IMPORTANT AS DETERMINING IMMIGRATION STATUS The Federal Trade Commission, which conducted the definitive study on credit reporting errors, found that found that about 21% of consumers had verified errors in their credit reports, 13% had errors that affected their credit scores, and 5% had serious errors that would cause them to be denied or pay more for credit.

  • CREDIT REPORTS AND CREDIT SCORES ARE NOT DESIGNED FOR IMMIGRATION PURPOSES Neither credit reports nor credit scores are designed to provide information on whether a consumer is likely to rely on public benefits.

  • IN ADDITION, THE LESSOR IS HEREBY GRANTED PERMISSION TO VERIFY ALL CREDIT/PERSONAL INFORMATION AND TO OBTAIN ANY CREDIT REPORTS IT DEEMS NECESSARY.

  • YOUR SIGNATURE INDICATES THAT YOU HAVE READ, AGREE TO AND ACCEPT ALL THE TERMS AND CONDITIONS ON THE FRONT AND BACK SIDES OF THIS CONTRACT, IF YOU HAVE SELCTED A BUDGET PLAN, YOU HEREBY AUTHORIZE US AND OUR AUTHORIZED AGENTS TO OBTAIN YOUR CREDIT REPORTS FROM ANY CREDIT OR CONSUMER REPORTING AGENCY CHOSEN BY US FOR THE PURPOSE OF DETERMINING YOUR CREDIT WORTHINESS.


More Definitions of CREDIT REPORTS

CREDIT REPORTS. You authorize us to obtain credit reports as we deem necessary for purposes of determining future credit opportunities with you and you authorize any person, association or corporation to furnish, on our request, credit reports. You also authorize us to furnish information concerning your Account(s) with us to credit reporting agencies. YOUR REGULAR SHARE ACCOUNT (Suffix 1) Xxxxxx Federal Credit Union offers a Regular Share Account (with age-appropriate names – Berenstain Bears Cub Account or Money Smart Account) which lets you periodically save money.
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CREDIT REPORTS is defined in Section 8.18 hereof.
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Related to CREDIT REPORTS

  • Credit report means any written, oral, or other communication of

  • Credit reporting agency means a corporation that carries on a credit reporting business.

  • Fair Credit Reporting Act The Fair Credit Reporting Act of 1970, as amended.

  • Audit Report means a report summarising the testing completed and the actions arising following an Audit;

  • Letter of Credit Report means a certificate substantially in the form of Exhibit N or any other form approved by the Administrative Agent.

  • Certification Practice Statement means a statement issued by a Certifying Authority to specify the practices that the Certifying Authority employs in issuing Digital Signature Certificates;

  • Equal Credit Opportunity Act means the Equal Credit Opportunity Act, as amended.

  • Credit Requirements means a long-term credit rating (corporate or long-term senior unsecured debt) of (1) “Baa3” or greater by Xxxxx’x, or (2) “BBB-” or greater by S&P, or such other indicia of creditworthiness acceptable to PacifiCorp in its reasonable judgment.

  • Credit Reference Bureau means a credit reference bureau duly licensed under the Banking Act pursuant to the Banking (Credit Reference Bureau) Regulations, 2013, as amended, revised or promulgated from time to time, to inter alia, collect and facilitate the sharing of customer credit information;

  • Truth in Lending Act means the Truth in Lending Act of 1968, as amended.

  • FTR Credit Requirement means the amount of credit that a Participant must provide in order to support the FTR positions that it holds and/or for which it is bidding. The FTR Credit Requirement shall not include months for which the invoicing has already been completed, provided that PJMSettlement shall have up to two Business Days following the date of the invoice completion to make such adjustments in its credit systems. FTR Credit Requirements are calculated and applied separately for each separate customer account. FTR Flow Undiversified:

  • Home Mortgage Disclosure Act means Home Mortgage Disclosure Act of 1975, as amended.

  • Community Reinvestment Act means the Community Reinvestment Act of 1977, as amended.

  • Consumer reporting agency means any person that, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information concerning consumers for the purpose of furnishing consumer credit reports to third parties.

  • Housing Act means the United States Housing Act of 1937, as amended, or its successor.

  • Credit information means information about you, including your name, age, date of birth, occupation, place of residence, previous places of residence, occupancy length, marital status, co-occupant’s/spouse’s/same-sex partner’s name and age, number of dependants, particulars of education or professional qualifications, field of employment, places of employment, previous places of employment, employment durations, estimated income, paying habits, outstanding debt obligations, cost of living obligations, involvement in bankruptcy proceedings or landlord and tenant disputes, assets, and banking information (including account and credit card information).

  • Administrative and Audit Regulations means all applicable statutes, regulations, and other laws governing administration or audit of this Contract, which may include Title 2, Part 200, Code of Federal Regulations and Chapter 321 and Title 10, Subtitles D and F of the Texas Government Code.

  • Consumer report means any written, oral or other communication of any information by a consumer reporting agency bearing on your credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living which is used or expected to be used or collected in whole or in part for the purpose of serving as a factor in establishing your eligibility for employment purposes.

  • Servicer Policies and Practices means, with respect to the Servicer’s duties under Exhibit A to the Servicing Agreement, the policies and practices of the Servicer applicable to such duties that the Servicer follows with respect to comparable assets that it services for itself and, if applicable, others.

  • Federal Trade Commission Act means the Federal Trade Commission Act of 1914.

  • National Credit Act means the National Credit Act, 2005 (Act No. 34 of 2005);

  • Fair Housing Act means the Fair Housing Act, as amended.

  • Letter of Credit Related Person has the meaning specified therefor in Section 2.11(f) of the Agreement.

  • Best Practices means a term that is often used inter-changeably with “evidence- based practice” and is best defined as an “umbrella” term for three levels of practice, measured in relation to Recovery-consistent mental health practices where the Recovery process is supported with scientific intervention that best meets the needs of the Client at this time.

  • Privacy Act means the Privacy Act 1988 (Cth).

  • CMSA Historical Liquidation Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Historical Liquidation Report" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.