Credit Bureau Terms & Conditions

1. Introduction

This Agreement is made between you ("User", "You") and Reachout Tech Private Limited ("myScorr", "CLIENT", "We", "Us"), a company incorporated under the laws of India (CIN: U62099KA2024PTC190922), with its registered office at 22, 4th Floor, 1st Main, Royal Placid, Haralur, HSR Layout, Bangalore South, Karnataka – 560102. The User and CLIENT are together referred to as the "Parties".

This Agreement governs the terms under which we access your Credit Information from one or more Credit Bureaus on your behalf, and applies in addition to our general Privacy Policy and Terms & Conditions.

2. Consent to access credit information

• You appoint myScorr as your authorised representative to request and receive your Credit Information from Credit Bureaus, for the purpose of providing you with your score, report, AI-ranked insights, and matching you to loan, credit card and bank account offers you are likely to qualify for ("End Use Purpose").
• This consent is valid on an ongoing basis for a period not exceeding six (6) months from the date of grant, and may be renewed or withdrawn by you at any time in accordance with our Privacy Policy.
• You separately agree to the relevant Credit Bureau's own terms and conditions, as presented to you at the time of consent.

3. Information handling, confidentiality & data purging

• myScorr will access your Credit Information solely as your authorised representative, and will use it only for the End Use Purpose described above.
• We will not aggregate, sell, rent, or disclose your Credit Information to any third party, except as required to deliver the End Use Purpose with your consent, or as required under applicable law, including the Credit Information Companies (Regulation) Act, 2005 ("CICRA").
• Both Parties agree to keep your Credit Information confidential, whether held online or offline.
• Your Credit Information will be securely purged or deleted promptly upon completion of the End Use Purpose for which it was obtained, and in any case no later than six (6) months from the date it was received, unless a longer retention period is required by applicable law.

4. Governing law & jurisdiction

This Agreement is governed by the laws of India. Any dispute arising from or relating to this Agreement shall be subject to the exclusive jurisdiction of the courts at Bangalore, Karnataka.

5. Definitions

• "Business Day" means a day, other than a public holiday, on which banks are open for general business in Bangalore.
• "Credit Bureau(s)" means the credit information company or companies engaged by myScorr from time to time to provide Credit Information, licensed under CICRA.
• "Credit Information Report" means the credit information, scores, aggregates, variables, inferences or reports generated by a Credit Bureau.
• "Credit Score" means the score appearing on a Credit Information Report, as computed by the relevant Credit Bureau.
• "CICRA" means the Credit Information Companies (Regulation) Act, 2005, read with the Credit Information Companies Rules, 2006 and the Credit Information Companies Regulations, 2006, including any rules made thereunder.

6. Contact