Borrower Credit Profile Authorization

Borrower Credit Profile Authorization

Last updated April 20, 2023

Please read this Authorization carefully and print or save a copy for future reference.

In this Credit Profile Authorization ("Authorization"), the words "you" and "your" mean any person authorizing us to obtain and use such person's consumer reports, as described below. The words "we," "us," "our," and "LendingClub" mean LendingClub Bank, National Association.

Pursuant to this Authorization, you consent to LendingClub using your consumer reports for any lawful purpose, including but not limited to: (1) authenticating your identity; (2) making credit decisions; (3) marketing products and services from LendingClub or a third party; (4) assisting with internal modeling and analysis; (5) servicing any credit account (including, without limitation, any loan, line of credit, or credit card) that you obtain from us; and (6) facilitating the sale of your credit account or interests associated with your credit account (or portions thereof) to third party investors, and for related purposes. In connection with these purposes, you authorize LendingClub to share all or parts of your consumer reports with agents, partners, counterparties, or affiliates.

You direct LendingClub to provide on your behalf certain elements of your application, as well as consumer report information, to third party investors to use this information in making decisions whether to commit funds to purchase your credit account and/or securities or other interests associated with your credit account (or portions thereof). Such decisions, in turn, may assist LendingClub in making decisions related to your request for credit. You also authorize LendingClub to provide such information to third party investors in connection with the sale or resale of your credit account and securities or other interests associated with your credit account (or portions thereof).

You also authorize LendingClub to verify information in your application, and you agree that LendingClub may contact third parties to verify any such information.

You authorize and agree that LendingClub may transfer or otherwise provide your credit report or any information contained therein to any successor-in-interest of LendingClub or any purchaser or servicer of your credit account, including certain third party investors, whether in whole or in part.

Consent.
By clicking the button, or selecting the checkbox, displayed in connection with acknowledging and/or agreeing to this Authorization (or by otherwise taking an affirmative action indicating your agreement to this Authorization), you agree that:

• You have received, read, and agree to all of the terms of this Authorization; and
• You authorize us to obtain and use consumer reports and related information about you, now and periodically for as long as you remain a customer of LendingClub, from one or more consumer reporting agencies, as described above.