Why User Consent Is Critical

User consent is the foundation of a trusted financial data experience.

Obtaining clear, informed consent helps create transparency between providers and users while ensuring users remain in control of their financial information.

Any company integrating with our APIs is responsible for capturing and storing user consent, as well as displaying the following language to the user before proceeding with a connection to our platform:

"By continuing, you agree to the Spinwheel End User Agreement. Further, you are providing “written instructions” to Spinwheel Solutions, Inc. that authorizes it to obtain your credit profile from any consumer reporting agency."

You can view Spinwheel’s End User Agreement here: https://spinwheel.io/legal/end-user-agreement.

In addition, as a Consumer Reporting Agency (CRA), Spinwheel offers additional resources to help consumers understand how we leverage consumer financial data and their rights under the Fair Credit Reporting Act (FCRA). Those resources are available here: https://spinwheel.io/consumer-support

Recommended User Consent Implementation Requirements

• Display consent disclosure (see language above) before API initialization
• Capture timestamp of consent
• Store consent records according to your policies
• Provide users with a way to revoke access