Credit Authorization and Consent

Last Updated: June 2, 2025

This Credit Authorization and Consent (“Authorization”) is made between you (“Applicant,” “you,” or “your”) and Payday Bridge Loan Services LLC (“Company,” “we,” “our,” or “us”). By submitting your financial and personal data through the Payday Bridge mobile application (“App”), you grant us permission to collect, use, and share your credit and identity information as described below.

1. Why We Request Your Credit Data

This Authorization allows Payday Bridge Loan Services LLC and its affiliated lenders or partners (“Lending Partners”) to access and evaluate your credit-related information in order to match you with potential loan options and comply with legal requirements in the financial services space.

2. What You’re Agreeing To

By using the App and submitting your information, you agree to let us and our Lending Partners:

• Retrieve your credit report(s) from credit bureaus (e.g., Experian, Equifax, TransUnion) in accordance with the Fair Credit Reporting Act (FCRA)
• Collect and verify personal identifiers including name, address, income, Social Security number, and bank information
• Use alternative data sources such as utility records, bank activity, and identity checks
• Retain your application and credit data to customize loan offers and facilitate lender referrals
• Perform periodic or follow-up credit checks as needed for ongoing service eligibility or refinancing opportunities

3. Credit Checks Explained

Different types of credit inquiries may be used during the process:

• Soft Pull: Does not affect your credit score. Typically used to prequalify you.
• Hard Pull: May impact your credit score. Usually performed when you accept a loan offer from a Lending Partner.

The App submission generally triggers a soft inquiry. A hard inquiry may follow if you proceed with a specific loan provider.

4. Regulatory Compliance

All information usage complies with applicable federal and state financial privacy laws, including FCRA and the Gramm-Leach-Bliley Act (GLBA). Data sharing is limited to authorized, verified Lending Partners.

5. Who Receives Your Information

With your consent, we may share your credit and application information with entities such as:

• Licensed loan providers
• Credit decision and scoring platforms
• Identity verification and underwriting services
• Payment processors and loan servicing providers

Each third party maintains its own privacy policies. You are encouraged to review them before proceeding with any financial product or service.

6. Consent Duration

Your Authorization remains active for 180 days from the submission date unless you revoke it by emailing us at info@paydaybridgeloanservices.pro. Withdrawing consent may affect your access to loan offers.

7. No Obligation to Borrow

Providing consent or submitting an application does not require you to accept any loan. All offers are voluntary and subject to your independent review and approval.

8. Data Protection

We implement encryption and data safeguards to protect your information. Data is stored only as long as needed for compliance and service delivery. While no system is impenetrable, we aim to prevent unauthorized access or misuse.

9. FCRA Rights Summary

As a consumer, your FCRA rights include:

• Being informed if credit information was used against you
• Accessing one free credit report annually from each bureau
• Disputing incorrect or incomplete data
• Requesting your credit score when applicable
• Placing fraud alerts or security freezes on your credit file

More details can be found at https://www.consumer.ftc.gov.

10. E-Sign Disclosure and Consent

By clicking “Submit,” “Continue,” or a similar action in the App, you confirm that:

• You have read this Authorization in full
• You authorize Payday Bridge and its Lending Partners to obtain your credit data under FCRA guidelines
• You consent to receiving documents and agreements electronically under the E-SIGN Act

11. Contact Us

If you need assistance or have any questions about this Authorization, you may reach us at:

Payday Bridge Loan Services LLC
Email: info@paydaybridgeloanservices.pro
Support Hours: Monday–Friday, 9:00 AM – 5:00 PM EST