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The Standard eLeasing Credit Check
When approving an equipment finance lease finance arrangement, eLeasing will obtain approval from you to conduct a "Standard eLeasing Credit Check". A standard eLeasing credit check entails eLeasing contacting a Credit Reporting Service Provider (CRSP) applicable to your unique situation, in order to obtain company and personal credit information.
eLeasing standard credit check declaration
The Credit Reporting Service Provider (CRSP) will give eLeasing information about you for the purpose of a credit check. eLeasing will give information about you to the CRSP, the CRSP may hold that information on their system and use it to provide their reporting service. When other CRSP customers use the aforementioned CRSP credit reporting service, the CRSP may give information about you to those customers. If in the future there is a default in any payment obligation, information about the default may be given to the CRSP, and the CRSP may give information about the default to other CRSP customers.
