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<br /> assessment score and Equifax recommends that Income Terms and Conditions for Credit Score Information
<br /> Predictor 2.0 be used in conjunction with appropriate risk Services Other Than BEACON and Pinnacle
<br /> assessment tools. Client will not take adverse action, as
<br /> defined in.the ECOA and Regulation B thereunder, with 1. Disclosure of Scores. Client will hold all
<br /> respect to any customer on the basis of Income Predictor information received from Equifax in connection with any
<br /> 2.0. Credit Score Information Services received from Equifax
<br /> under this Agreement in strict confidence and will not
<br /> (16) Net Worth Estimator- is an advanced segmentation disclose that information ("Scores") to the consumer or to
<br /> tool that predicts consumers' estimated net worth using a others except as required by law. Client may provide the
<br /> rank-ordering technique. Net Worth Estimator is not a risk principal factors contributing to the Scores to the subject of
<br /> assessment score and Equifax recommends that Net the report when those principal factors are the basis of
<br /> Worth Estimator be used in conjunction with appropriate Client's adverse action against the subject consumer.
<br /> risk assessment tools. Client will not take adverse action, Client must describe the principal factors in a manner
<br /> as defined in the ECOA and Regulation B thereunder, with which complies with Regulation B of the ECOA.
<br /> respect to any customer on the basis of Net Worth
<br /> Estimator. 2. ECOA Statements. Equifax reasonably believes
<br /> that, subject to validation by Client on its own records, (1)
<br /> (17) Pinnacle—is a credit scoring algorithm developed by the scoring algorithms used in the computation of the
<br /> Fair, Isaac and Equifax that evaluates the likelihood that Scores are empirically derived from consumer credit
<br /> consumers will pay their existing and future credit information from Equifax's consumer credit reporting
<br /> obligations, as agreed, based on the computerized database, and are demonstrably and statistically sound
<br /> consumer credit information in the Equifax consumer methods of rank ordering candidate records from the
<br /> reporting database. Equifax consumer credit database for the purposes for
<br /> which the Credit Score Information Services were designed
<br /> (18) VantageScore - is a tri-bureau credit risk model particularly(as stated in Exhibit B for each particular Credit
<br /> developed using one algorithm across sample data Score Information Service), and each is intended to be an
<br /> common to all three credit bureaus. The following "empirically derived, demonstrably and statistically sound
<br /> additional terms and conditions apply to Client's receipt and credit scoring system" as defined in Regulation B,with the
<br /> use of VantageScore: understanding that the term "empirically derived,
<br /> demonstrably and statistically sound," is defined only in a
<br /> Terms and Conditions for VantageScore — Client general manner by Regulation B, and has not been the
<br /> will request Scores only for Client's exclusive use. Client subject of any significant interpretation; and (2)the scoring
<br /> may store Scores solely for Client's own use in furtherance algorithms comprising the Credit Score Information
<br /> of Client's original purpose for obtaining the Scores. Client Services, except as permitted, do not use a "prohibited
<br /> shall not use the Scores for model development or model basis," as such phrase is defined in Regulation B. Client
<br /> calibration, except in compliance with the following must validate the Credit Score Information Services on its
<br /> conditions: (1) the Scores may only be used as an own records. Client will be responsible for meeting its
<br /> independent variable in custom models; (2) only the raw requirements under the ECOA and Regulation B.
<br /> archived Score and Score segment identifier will be used in
<br /> modeling (i.e. no other Score information including, but not 3. Release. Equifax does not guarantee the
<br /> limited to, adverse action reasons, documentation, or predictive value of the Scores with respect to any
<br /> scorecards will be used); and (3) Client's analytics and/or individual, and does not intend to characterize any
<br /> third party modeling analytics performed on behalf of individual as to credit capability. Neither Equifax nor its
<br /> Client, using Scores, will be kept confidential and not directors, officers, employees, agents, subsidiary and
<br /> disclosed to any third party other than as expressly affiliated companies, or any third-party contractors,
<br /> provided for below in subsections (ii), (iii) and (iv) of this licensors or suppliers of Equifax will be liable to Client for
<br /> paragraph. Client shall not reverse engineer the Score. All any damages, losses, costs or expenses incurred by Client
<br /> Scores provided hereunder will be held in strict confidence resulting from any failure of a Score to accurately predict
<br /> and may never be sold, licensed, copied, reused, the credit worthiness of Client's applicants or customers. In
<br /> disclosed, reproduced, revealed or made accessible, in the event the Credit Score Information Services were not
<br /> whole or in part, to any Person, except (i) to those correctly applied by Equifax to any credit file, Equifax's sole
<br /> employees of Client with a need to know and in the course responsibility will be to reprocess the credit file through the
<br /> of their employment; (ii) to those third party processing Credit Score Information Services at no additional charge.
<br /> agents and other contractors of Client who have executed
<br /> an agreement that limits the use of the Scores by the third 4. Audit of Models. Client may audit a sample of the
<br /> party only to the use permitted to Client and contains the Scores and principal factors and compare them to the
<br /> prohibitions set forth herein regarding model development, anonymous underlying credit reports in accordance with
<br /> model calibration, reverse engineering and confidentiality; Equifax's audit procedures. If the Scores and principal
<br /> (iii) when accompanied by the corresponding reason reasons are not substantiated by the credit files provided
<br /> codes, to the consumer who is the subject of the Score; or for the audit, Equifax will review programming of the model
<br /> (iv)as required by law. and make corrections as necessary until the Scores and
<br /> principal reasons are substantiated by the audit sample
<br /> credit reports. After that review and approval, Client will be
<br /> deemed to have accepted the resulting Score and principal
<br /> factors delivered. It is Client's sole responsibility to validate
<br /> Standard Agreement for Service—On Line Services Only LRD 4/29/190 5 14
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