Credit Authorization

This Credit Authorization applies to each loan request you submit through the Paycheck Advance: DAF Finance app or daffinance.com, operated by DAF Finance LLC ("DAF Finance"). Please read it before you submit a request.

No credit check by DAF Finance

DAF Finance does not pull your credit report and does not make credit decisions. Choosing an amount, submitting a request and viewing matched offers through DAF Finance does not affect your credit score.

What you authorize

By submitting a request, you provide written instructions under the federal Fair Credit Reporting Act authorizing DAF Finance to forward your request to participating lenders and lending partners ("Lenders"), and authorizing each Lender that receives it, along with its service providers, to:

1. obtain consumer reports about you from Equifax, Experian, TransUnion and other consumer reporting agencies, including specialty agencies that track short-term and installment loans;
2. verify your identity, including your name, date of birth, address, phone number, Social Security number and driver's license or state ID;
3. verify your employment, income and pay dates;
4. verify your bank account and routing numbers with your bank or a bank-verification service;
5. use this information to decide whether to make you an offer, to prevent fraud and, if you accept a loan, to service and collect it.

Soft and hard inquiries

A Lender may first run a soft inquiry to see whether it can present an offer. Soft inquiries are visible only to you and do not affect your credit score. If you choose to continue with a Lender's offer, the Lender may run a hard inquiry before final approval. A hard inquiry is recorded on your credit report and may lower your score for a period of time.

Reporting your loan

If you take a loan, the Lender may report it and your payment history to one or more credit bureaus. On-time payments can help build your credit history; late payments, missed payments and default can harm it. Entries you record in Your finances are not reported to anyone.

How long this authorization lasts

This authorization covers the review of each request you submit and, if you take a loan, continues until the loan is paid in full. Each Lender's use of your information is also governed by its own privacy policy and loan agreement.

Your rights

Under the Fair Credit Reporting Act, you have the right to get free copies of your credit reports at AnnualCreditReport.com, to dispute information you believe is wrong, and to receive an adverse action notice that names the consumer reporting agency used if a Lender declines your request or offers less favorable terms because of information in your credit report.

Questions

For questions about this authorization, email contact-us@daffinance.com. For questions about a specific inquiry on your credit report, contact the Lender that made it.