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  1. #1
    Member Reputation points: 23
    Join Date
    Sep 2012
    Location
    LA
    Posts
    13

    One Application. One Credit Pull. Up to 30 Lenders Compete for Your Business. Fast!

    Welcome to FundersCloud.


    Highest paid commissions in the industry. All paper welcome. ISO, Brokers and Loan Originators. Our funding process is the fastest, safest and most reliable system available. We work hard to keep our Originators happy.

    Transparency
    Fastest Commissions
    One Application
    One Credit Pull/ Inquiry
    Up to 30 Lenders Compete.

    Watch your deals work their way through our turn-key, online proprietary funding system, from inception to funding. Our easy to use interface will allow your client to electronically sign all doc's online. Watch as the Lenders populate to compete for your business. Simple, Reliable, Fast!

    Call or reply to day.

    Sincerely,

    Steven Slater
    Director of Marketing/ ISO Relations
    323.803.0121
    FundersCloud

  2. #2
    Senior Member Reputation points: 16720
    Join Date
    Sep 2014
    Posts
    430

    How do you get around falling under the FCRA definition of a Consumer Reporting Agency? Or do you just hope no regulators notices?

    Quote Originally Posted by 15 U.S. Code § 1681a, Section (f)
    "The term “consumer reporting agency” means any person which, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer reports to third parties, and which uses any means or facility of interstate commerce for the purpose of preparing or furnishing consumer reports."

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