Credit Reporting Policy
Credit Reporting Agency
Last Updated on 09/01/2022
Credit Reporting Policy
Please carefully review the following rules that govern our Credit Reporting Policy and also read our Terms and Conditions of Use (“Terms of Use”) and Privacy Policy regarding the information that you provide to us. These terms and policies apply to the World Wide Web site owned, operated, licensed, and controlled by USA National Inc., including its related, affiliated, or subsidiary companies, including, but not limited to, USA National LLC. (together, “USA National”) located at www.USANational.io, and all associated USA National sites linked to this Web site (collectively, the “Site”). This Site is the property of USA National. By using this Site and requesting a credit inquiry, you agree to our Credit Reporting Policy, Terms and Conditions of Use, and Privacy Policy. If you do not agree, do not use this Site.
USA National reserves the right at its sole discretion, to change, modify, add or remove portions of these Credit Reporting Policy, Terms of Use, and our Privacy Policy, at any time. It is your responsibility to check these policies and terms periodically for changes. Your continued use of the Site following the posting of changes will mean that you accept and agree to the changes. As long as you comply with these terms and policies, USA National grants you a personal, non-exclusive, non-transferable, limited privilege to enter and use the Site.
USE OF CREDIT PROFILE FOR IDENTITY VERIFICATION
By either checking your rate or submitting a loan application, you are certifying that you understand the services being requested are regulated by the Fair Credit Reporting Act and that permissible purpose is required. Any special procedures established by USA National LLC.(“USA National”) for obtaining your authorization to receive information from your personal credit profile from Experian have been met. Furthermore, you certify that you have initiated a transaction with USA National, and that the services being requested will be used solely to confirm your identity to avoid fraudulent transactions in your name.
CONSUMER CREDIT INQUIRIES
We may request consumer reports on you in connection with your application for credit and subsequently in connection with any extension of credit, update, renewal, review or collection of your account or any other lawful purpose.
CREDIT INQUIRY
When you submit your loan application, we may conduct a credit inquiry (known as a “hard credit pull” or “hard credit inquiry”), a standard step in most loan applications. This inquiry will be recorded on your credit history and may impact your credit score. You understand by entering your Social Security number on the “Review” page and clicking “Submit Loan Application” you are providing written instructions to USA National under the Fair Credit Reporting Act, which authorized USA National to obtain information from your personal credit profile and/or other information from Experian. Upon your request, we will inform you of the name and address of any consumer reporting agency from which we obtained your consumer report.
Please note that this is a beta version of the USA National platform which is still undergoing final testing before its official release. The platform, its software and all content found on it are provided on an “as is” and “as available” basis. USA National platform does not give any warranties, whether express or implied, as to the suitability or usability of the website, its software or any of its content. USA National platform will not be liable for any loss, whether such loss is direct, indirect, special or consequential, suffered by any party as a result of their use of the USA National platform, its software or content. Any downloading or uploading of material to the website is done at the user’s own risk and the user will be solely responsible for any damage to any computer system or loss of data that results from such activities. Should you encounter any bugs, glitches, lack of functionality or other problems on the website, please let us know immediately so we can rectify these accordingly. Your help in this regard is greatly appreciated! You can write to us at this address support email – support@usanational.io
USA National is not a bank. Banking Services are provided by Mbanq banking partner, Evolve Bank & Trust, Member FDIC. The USA National Account and USA National Visa® Card are provided by Evolve Bank & Trust, Member FDIC.