It's essential to acknowledge, agree, and authorize that www.quick2funding.com, its Network Partners, providers, or respective agents (referred to as "we," "us," or "our") may access your credit report from one or more consumers reporting agencies. These agencies can include well-known names like TransUnion, Experian, Equifax, or Clarity.
The purpose of obtaining your credit report is multifaceted, all by the law. This process serves various functions:
Identity Verification: lenders use the credit report to authenticate and verify your identity, ensuring that your provided information aligns with your credit history.
Evaluating Eligibility: lenders access your credit report to determine Eligibility for various credit products and services. This step helps us identify the loan offers you may qualify for.
Assessing Financial Health: Your current debt-to-income ratio is crucial when reviewing your credit report. It helps lenders gauge your financial health and make suitable recommendations.
Credit Score: Lastly, lenders obtain your credit score, which provides an overview of your creditworthiness. This score is a significant factor in the lending process.
It's important to note that when you check your rates and review loan offers through www.quick2funding.com, lenders may conduct a soft or hard inquiry on your credit report. These inquiries can impact your credit score, so knowing how they might affect your financial profile is crucial.
