The undersigned Applicant ("Applicant") hereby affirms that the foregoing information is true and correct and made for the purpose of obtaining credit. Applicant authorizes any financial institution or finance company ("Lender") to obtain additional information from any source(s) and each such source is hereby authorized to provide Lender with such information. Any Lender which may review this credit application is hereby authorized to investigate the credit history and capacity of Applicant.
The information contained in this application is provided to induce Lender to extend or to continue the extension of credit to the Applicant or to others upon the guaranty of the Applicant. The Applicant acknowledges and understands that Lender is relying on the information provided herein deciding to grant or continue credit or to accept a guaranty thereof. The Applicant represents, warrants and certifies that the information provided herein is true, correct and complete. The Applicant agrees to notify Lender immediately and in writing of any change in name, address, or employment and of any material adverse change (1) in any of the information contained in this application or (2) in the financial condition of any of the Applicant or (3) in the ability of any of the Applicant to perform its (or their) obligations to Lender. In the absence of such notice or a new and full written statement, this should be considered as a continuing statement and substantially correct. Lender is authorized to make all inquiries deemed necessary to verify the accuracy of the information contained herein, and to determine the credit-worthiness of the Applicant. The Applicant authorizes Lender to answer questions about Lender's credit experience with the Applicant.
Lender may request a consumer report concerning the Applicant in connection with this credit application or any future credit update or renewal for all legitimate purposes in connection with this transaction. Such purposes include assisting in making a credit decision, reviewing Applicant account and assisting in taking collection activity. The Applicant may ask whether Lender obtained such a consumer report. If such a report has been obtained, the Applicant may request the name and address of the consumer reporting agency which provided the consumer report to Lender. The Applicant acknowledge and agree that any and all information provided by Applicant or gathered in conjunction with this application may be disclosed to any other lender or investor with whom Lender may have a legitimate business relationship.