Credit Profile Authorization

To assess your eligibility for a Fraction product, we may order reports and related information about you from one or more consumer reporting agencies, such as TransUnion, Experian, and Equifax.

By using the web site at www.fraction.com including any subdomain thereof, and submitting an application or a prequalification form, and continuing with the application process, you agree that you are authorizing Fraction to obtain consumer reports and related information about you from one or more consumer reporting agencies, such as TransUnion, Experian, and Equifax.

Submitting an application or prequalification form to Fraction may affect your credit; it could result in a hard credit inquiry.

If you receive a Fraction product, you also agree that Fraction may regularly conduct a soft credit inquiry to assess your adherence to the Fraction agreement.

A soft credit inquiry is only visible to you and will not affect your credit.

You authorize Fraction to verify information in your application about yourself and the property, and you agree that Fraction may contact third parties to verify any such information.

Additional reporting may be made to credit reporting agencies during the term of your Fraction agreement.