Credit Authorization

This Credit Authorization explains what you allow when you submit a loan request through Plucky Money, a loan-comparison and connection service operated by PLUCKY MONEY LLC (“Plucky Money,” “we,” “us,” or “our”). It is part of our Terms of Use. You give this authorization when you agree to it in the app before your request is sent. Please read it before you submit a request.

1. Plucky Money does not check your credit

We do not obtain consumer reports about you, run credit checks or make credit decisions. Submitting a request through Plucky Money does not, by itself, result in any credit inquiry. Credit checks, identity verification and underwriting are done only by the lenders that receive your request, under their own policies.

2. What you authorize

This includes consumer reports from the nationwide credit bureaus (Equifax, Experian and TransUnion) and from specialty consumer reporting agencies that focus on alternative or short-term credit.

You also authorize us to send the information in your request to those lenders and partners, as described in our Privacy Policy. That information includes your name, contact details, date of birth, Social Security number and driver's license or state ID number where requested, income and employment information, and the other answers in your request.

You also authorize lenders to:

• verify your identity, income and employment using the information you provide and third-party databases;
• check whether you, or your spouse or dependent, are covered by the Military Lending Act, which may include checking a Department of Defense database; and
• contact you by email, phone or text message about your request.

This authorization does not include consent to receive marketing calls or text messages sent using automated technology or prerecorded voices. If such consent is ever requested, it will be asked for separately, as described in Section 8 of our Privacy Policy.

3. Soft and hard credit checks

Lenders may use two kinds of credit checks:

• Soft inquiry. Many lenders start with a soft check to see whether they may be able to make you an offer. Soft inquiries do not affect your credit score and are visible only to you on your credit report.
• Hard inquiry. If you choose to move forward with a lender, the lender may run a hard check before final approval. Hard inquiries can lower your credit score for a period of time and are visible to other lenders.

Whether a lender runs a soft or hard check, and when, is up to that lender. If you're not sure, ask the lender before you accept an offer or give it additional authorization.

4. No guarantee of offers or approval

Giving this authorization does not guarantee that any lender will make you an offer, approve you or give you any particular terms. Each lender decides on its own, and you are never obligated to accept an offer.

5. Your rights under the Fair Credit Reporting Act

The federal Fair Credit Reporting Act (FCRA) gives you important rights, including the right to:

• See your credit reports for free. You can get free credit reports every week from each of the three nationwide credit bureaus at annualcreditreport.com.
• Dispute errors. If information in your report is incomplete or inaccurate, you can dispute it with the credit bureau and with the company that provided it. They must investigate, usually within 30 days.
• Be told when a report is used against you. If a lender denies your request or offers you less favorable terms because of information in your consumer report, it must tell you, give you the name and contact details of the agency that provided the report, and let you get a free copy of that report within 60 days.
• Freeze your credit. You can place a security freeze on your credit reports for free, which stops most new lenders from seeing them. Contact each bureau to place or lift a freeze.
• Place a fraud alert. If you think you may be a victim of identity theft, you can ask one bureau to place a fraud alert, and it will notify the other two.
• Limit prescreened offers. You can opt out of prescreened credit offers at optoutprescreen.com or by calling 1-888-5-OPT-OUT (1-888-567-8688).

For a full summary of your rights, see A Summary of Your Rights Under the Fair Credit Reporting Act from the Consumer Financial Protection Bureau.

6. Withdrawing your authorization

You can withdraw this authorization for future requests at any time by emailing contact@pluckymoney.com with the subject “Withdraw credit authorization.” After we process your request, we will not send new requests from you to lenders, and you will not be able to use the Service to get new offers.

Withdrawing does not undo information already sent to lenders or consumer reports they already obtained. To stop a specific lender from using your information, contact that lender directly. You can also opt out of the sale of your personal information on our Do Not Sell or Share page.

7. Contact us