Authorization to Verify Information and Obtain Credit Reports

By checking the box “I agree” and clicking on the “Submit Application” button, you understand and agree that you are authorizing Southern Management Corporation and its wholly owned operating subsidiaries, their agents or third-party service providers to each obtain credit reports and related information about you from one or more commercial or consumer credit reporting agencies and to verify any information you provide us in connection with your application including, but not limited to, your employment and income.  We reserve the right to conduct such verification through third parties.  You agree we may contact third parties without further notice to you to verify any such information.

We may use your credit reports to authenticate your identity, to make credit decisions, and for other related purposes.  You authorize us to obtain your credit reports (at our discretion), including (i) each time you request a loan, (ii) during the processing or closing of a loan to you, or (iii) at various times during the term of your loan in connection with the servicing, monitoring, collection or enforcement of the loan.

Credit scoring, based on your credit data, may be used in the evaluation of your credit request.

We may report information about your account to credit bureaus.  Late payments, missed payments, or other defaults on your account may be reflected in your credit report.