TERMS OF USE

By submitting an application you agree to the following.

I/We understand and agree that:

1. A credit provider whom the Introducer may approach in arranging Loans on my/our behalf (the “Approached Credit Provider”) may give a credit reporting agency certain personal details and consumer credit information about me/us, including:
   • Such permitted particulars about me/us which allow me/us to be identified;
   • That I/we have applied for Loans and the amount;
   • That the Approached Credit Provider is a current credit provider to me/us or has ceased to be a current credit provider to me/us;
   • Payments which are overdue more than 60 days, and serious credit infringements;
   • Advice that payments are no longer overdue;
   • The type of credit account, credit limits and repayment history.
2. The Approached Credit Provider may obtain a report about my/our commercial activities or commercial creditworthiness from a business which provides information about the commercial credit worthiness of persons for the purpose of assessing my our application for personal credit.
3. The Approached Credit Provider may obtain from a credit reporting agency a credit report containing personal information about me/us for the purpose of assessing my/our application for commercial credit.
4. The Approached Credit Provider may give to and obtain from another credit provider information about my/our personal or commercial credit arrangements for the purposes of assessing my/our Loans application or creditworthiness, of collecting overdue payments or of notifying other credit providers of a default by me/us; I/we understand that this information can include any information about my/our credit worthiness, credit standing, credit history or credit capacity that credit providers are allowed to exchange under the Privacy Act.
5. The Approached Credit Provider may disclose to a guarantor credit information relating to me/us and may also provide such information to a person who is considering whether to become a guarantor, for that purpose.
6. If my/our application for credit is not completed within 14 days, the Approached Credit Provider may give a credit reporting agency further personal information about me/us in order to obtain a credit report about me/us.

Authorisation to Act on Behalf of Individuals

1. I/we authorise the Introducer to:

(a) Obtain on my/our behalf a report or information about my/our consumer or commercial credit worthiness from a credit reporting agency, from a commercial credit reporting business or from a credit provider in connection with my/our application for the Loans described below.

(b) Pass on such reports and information to the Approached Credit Provider for the purpose of assessing my/our application for the Loans described below and to give to and to receive from such persons as are relevant to the arranging of that Loans any personal information about me/us as may be necessary to the arrangement.

1. I/we agree that if Loans is provided to me/us by the Approached Credit Provider, I/we authorise the Introducer to obtain from the Approached Credit Provider any report or information concerning either me/us to that Loans that it may require in order to:
   Assist me/us in understanding and meeting my/our obligations to the credit provider in relation to that Loans;
   Advise me/us regarding my/our Loans requirements;
   Ascertain any amount required to be paid to the Approached Credit Provider in relation to that Loans.

I/we understand that this paragraph may be deleted if I/we do not agree. I/we also understand that this authority will continue for the duration of the Loans unless and until I/we revoke it by notice to the Introducer and the Approached Credit Provider.

Agreement by Guarantor/s
I/We agree that:

1. The Approached Credit Provider may give personal information about me/us of the type described in Paragraph 1above to a credit reporting agency
2. The Approached Credit Provider may obtain from credit reporting agency a credit report containing personal information about me/us to assess whether to accept me/us as a guarantor for a loan applied for by, or provided to the borrower/s named below.
3. The Approached Credit Provider may give to and obtain from another credit provider information about my/our personal or commercial credit arrangements for the purposes of assessing a Loans application made by the borrower/s named below, of assessing my creditworthiness or of collecting overdue payments; I/we understand that this information can include any information about my/our credit worthiness, credit standing, credit history or credit capacity that credit providers are allowed to exchange under the Privacy Act.

Additional Terms:

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