Consent to Obtain and Use Consumer Credit Reports: The undersigned individual(s) recognize that personal credit history may be a factor in the evaluation of the credit history or credit worthiness of the applicant(s) or in the evaluation of his or her personal guarantee of the obligations of the credit applicant(s) (if applicable). Further, a condition of credit approval may include their guarantee, and the undersigned hereby instruct and authorize AAF and the Lenders to obtain and use consumer credit reports pertaining to each individual's credit history and/or credit worthiness from any credit reporting agency from which AAF or Lenders receive such reports and for AAF to share such consumer credit reports with the Lenders, in connection with the application for the extension of credit by such Lenders.
The undersigned further agree(s) that AAF's and Lenders' permission to obtain consumer credit reports on the undersigned shall be ongoing and shall relate not only to the evaluation and/or extension of the credit requested, but also for purposes of reviewing any modifications to a loan extended pursuant to this application, taking collection action on any such loan, and for any legitimate business purpose associated with the loan as may be needed from time to time. In the event a loan is made, the undersigned authorizes AAF and/or Lenders to report, from time to time, on the undersigned's performance under the loan to credit bureaus and others who may properly receive such information. Upon your request, AAF or the Lenders, as applicable, will tell you whether or not a credit report was requested and the name and address of any consumer reporting agency that furnished the report.
Release of Credit Information: Authorization is hereby granted to all credit reporting agencies, banks, and all other companies to release credit and financial information to AAF and any applicable Lender from time to time, which AAF or such Lender deems necessary to establish and maintain credit. I/We further authorize any company or individual from whom I/We may have obtained or requested credit to furnish AAF and Lenders with the details of that transaction. I/We agree to provide current financial information upon request, in a form acceptable to AAF and the applicable Lender(s).
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex marital status, age (provided that the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or the applicant has in good faith exercised any right under the Consumer Credit Protection Act.
Request for Credit: Applicant(s) certifies that all information contained in this application or in any other document submitted for the purpose of obtaining credit is true, complete and correct and accurately reflects Applicant(s)' current financial condition. In order to provide the Applicant with AOPA Aviation Finance Company, LLC products and services, applicant(s) authorize AOPA Aviation Finance Company, LLC, its affiliates, or its authorized agents and Lenders to verify any and all information to make any inquires of others, including but not limited to, procuring reports from consumer reporting agencies, credit bureaus, and the Internal Revenue Service, and to provide information arising out of Applicant(s) transaction or experience with it or others. Any reference, employer or creditor named herein is expressly authorized to furnish AOPA Aviation Finance Company, LLC and Lenders with information in connection with this application. This application shall remain the property of AOPA Aviation Finance Company, LLC and Lenders , which may require Applicant(s) to provide updated financial information from time to time.
AOPA Membership: Once your application package is
ready to be submitted to a lender, your AOPA membership will be verified. If
you do not have a membership, AOPA Aviation Finance will register you for a
free annual digital AOPA membership. The membership will be automatically set
up and you can cancel at any time. Once expired you can renew your membership
for a fee by calling 800.872.2672