Prequalification terms for loans

Date Last Revised : 06/14/2019

Intuit's loan platform, the “Loan Platform” is intended to provide you with preliminary information in finding pre-qualified offers and potential options for a loan with one of our lender partners. Intuit is not a lender or a party to any transaction between users and any of our lender partners, and does not make credit decisions. The term “you” or “User” refers to a Visitor, Member or Customer. The term “we” refers to Intuit. The following disclaimers relate to the
prequalification process:
  1. By signing up and using the Loan Platform, you are authorizing Intuit to share your information with our lender partners to match you with potential offers. All credit decisions, including loan approval, if any, are determined by the lender partners, in their sole discretion. Your enrollment in the Loan Platform and the authorizations granted herein will remain valid for a one year period.
  2. You understand that this is a prequalification inquiry and not an application for credit. Intuit makes no representations, warranties or guarantees about your eligibility for credit or for a particular loan nor does not guarantee approval. You will need to submit an application directly with your chosen lender. If you choose to apply for a pre-qualified offer with the lender, you understand and acknowledge that prior to approving the loan, the lender may run a hard inquiry, which would impact your credit score.
  3. Your information will be used to evaluate your creditworthiness, to contact you and for other administrative purposes. You authorize our lender partners to obtain such information to consider you for financing options. Additionally, receiving a prequalified rate does not guarantee that your chosen lender will extend you an offer of credit. These prequalified offers are soft inquiries and will not impact your
    credit score.
  4. You understand that not all lenders participate in providing prequalified offers on the Loan Platform and you may be presented with the option to apply with these
    lenders directly.

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