Credit Report Terms of Use

You hereby authorize LoanLogic and its partner lending institutions (banks, NBFCs, and financial institutions) to:

• Access, obtain, and use your credit information / credit report from CRIF High Mark Credit Information Services Pvt. Ltd. and/or any other credit bureau.
• Submit your personal information to credit bureaus for the purpose of credit assessment and loan eligibility determination.
• Use the credit report for evaluating your loan application and determining appropriate loan products.
• Share the credit report with partner lenders for underwriting and loan processing purposes.

This authorization is provided in accordance with the Credit Information Companies (Regulation) Act, 2005 ("CICRA"), and the rules and regulations made thereunder.

The credit information obtained from CRIF and other credit bureaus will be used solely for:

• Assessing your creditworthiness and loan eligibility.
• Determining the appropriate loan amount, tenure, and interest rate you may qualify for.
• Processing and underwriting your loan application with partner lenders.
• Preventing fraudulent applications and ensuring responsible lending.
• Complying with RBI guidelines on credit assessment and KYC norms.

The credit report will not be used for any purpose other than those stated above, and will not be sold, rented, or shared with any unauthorized third party.

When LoanLogic or its partner lenders access your credit report, it may result in a hard inquiry or a soft inquiry on your credit record, depending on the stage of your application:

• Soft Inquiry (Pre-qualification): Does not affect your credit score. Used for initial eligibility check.
• Hard Inquiry (Formal Application): May marginally affect your credit score. Triggered when a formal loan application is submitted to a lender.

Multiple hard inquiries within a short period may impact your credit score. We recommend applying with a clear intent to avail the loan after checking your pre-qualified offers.

CRIF High Mark Credit Information Services Pvt. Ltd. is one of India's leading credit bureaus, licensed by the Reserve Bank of India under the Credit Information Companies (Regulation) Act, 2005. CRIF collects and maintains credit information submitted by credit institutions and provides credit reports and scores to authorized users.

Your credit report contains information such as:

• Personal identification information (name, date of birth, PAN, address).
• A list of all your credit accounts (loans, credit cards, overdrafts).
• Outstanding balances, credit limits, and payment history.
• Any defaults, write-offs, or settlements reported by lenders.
• Number and details of credit inquiries made by lenders.
• Credit score calculated based on the above data.

Under the Credit Information Companies (Regulation) Act, 2005, you have the right to:

• Access your own credit report from CRIF High Mark and other credit bureaus (one free report per year from each bureau).
• Request correction of inaccurate, incomplete, or outdated information in your credit report.
• Be informed when your credit information is accessed by a third party.
• Lodge a dispute or grievance with the credit bureau or the RBI if your rights are violated.

To access your CRIF credit report directly, you may visit: www.crifhighmark.com

This authorization is valid for the period commencing from the date of your acceptance and shall remain in force until:

• Your loan application is fully processed (approved, rejected, or withdrawn).
• A period of 6 months from the date of consent, whichever is earlier.
• You formally withdraw your consent in writing by contacting us at care@loanlogic.in.

Withdrawal of consent will not affect any processing already undertaken prior to the withdrawal.

LoanLogic implements robust technical and organizational security measures to protect the credit information obtained from CRIF and other bureaus. This includes:

• AES-256 encryption for data at rest and SSL/TLS for data in transit.
• Strict role-based access controls — only authorized personnel can access credit reports.
• Audit logs and access monitoring for all credit data retrieval.
• Data minimization — we access only the information necessary for the stated purpose.
• Contractual data protection obligations with all partner lenders.

Credit information accessed from CRIF and other bureaus will be retained only for as long as necessary to process your loan application and for compliance with applicable legal and regulatory requirements. Typically, this is:

• Active applications: Retained until the loan is disbursed or application is closed.
• Post-closure: Retained for up to 7 years for audit, regulatory, and dispute resolution purposes.
• Anonymized/aggregated analytics: May be retained indefinitely in non-identifiable form.

LoanLogic is only a marketplace / referral portal and does not independently make any credit assessment decisions. All lending decisions are made solely by the partner banks and NBFCs based on their internal credit policies, regulatory guidelines, and the information contained in your credit report.

Accessing your credit report does not guarantee loan approval. LoanLogic makes no representation or warranty regarding the accuracy of credit bureau data. Any disputes regarding the accuracy of your credit report should be raised directly with the respective credit bureau.

By accepting these CRIF Terms, you also agree to be bound by the respective terms and conditions of the credit bureaus from whom your credit report is accessed. You are encouraged to review:

• CRIF High Mark Terms: www.crifhighmark.com
• TransUnion CIBIL Terms: www.cibil.com
• Experian Terms: www.experian.in
• Equifax Terms: www.equifax.co.in

These CRIF Terms shall be governed by the laws of India, including the Credit Information Companies (Regulation) Act, 2005, the Information Technology Act, 2000, and all rules and regulations made thereunder. Any disputes shall be subject to the exclusive jurisdiction of courts in Hyderabad, Telangana, India.

For any questions, concerns, or withdrawal of consent related to credit report access, please contact our Data Privacy Officer:

• Email: care@loanlogic.in
• Phone: +91 9966698879
• Address: Flat No 203, 2nd Floor, Viswa Central, Above Canara Bank, Ameerpet, Hyderabad – 500016
• Working Hours: Monday to Saturday, 9:30 AM – 6:30 PM IST