By using ONI: PayDay Cash Advance and submitting a loan application, you authorize ONI SAME DAY LOAN & AUTO SALES INC and its affiliates, service providers, and agents ("we," "us," or "our") to obtain your credit report and related data from one or more consumer reporting agencies, including but not limited to TransUnion, Experian, Equifax, and Clarity Services.
We use this information to:
- Verify your identity
- Assess your creditworthiness and loan eligibility
- Determine your loan amount, interest rate, and repayment terms
- Manage and service your loan throughout its lifecycle
- Conduct internal risk analysis and portfolio management
- Comply with applicable federal and state laws and regulations
We may conduct a soft credit inquiry during your initial application, which does not typically affect your credit score. However, if you accept a loan offer, we may perform a hard inquiry, which could impact your credit profile.
You also authorize us to periodically re-check or update your credit report and related data during the life of your loan, as permitted by law.