PERSONAL AND CREDIT INFORMATION
PRIVACY ACT 1988
AUTHORISATION AND CONSENT TO ACT ON BEHALF OF INDIVIDUALS AND
MANAGE PERSONAL INFORMATION
Australian Loans (AL) provides access to online finance through
cooperation with several financial institutions. AL affiliates
deal directly with credit providers and credit reporting agencies.
Completion of this form will provide authority for AL to arrange
the provision of finance to you.
In this document, unless the context otherwise requires:
“Act” means the Privacy Act 1988 (Cth);
“Approached Credit Provider” means a credit provider that AL may approach in arranging finance pursuant to the Application;
“Approached Insurance Provider” means an insurance provider that
AL may approach in arranging insurance pursuant
to the Application;
“AL” means:
(i) AL or Australian Loans;
(ii) Affiliated finance companies;
(iii) any and all:
(a) associated entities of AL
(b) independent contractors appointed by AL; and
(c) franchisees to whom AL passes the Application;
and
(d) independent contractors appointed by the franchisees described
at (c) above to whom or which any of the parties listed at (i)
to (iii) above passes the Application; and
"finance" means any form of financial accommodation
including, but not limited to, loans, leases, rentals or hiring;
and
"insurance" means any form of insurance facility including,
but not limited to, motor vehicle comprehensive, loan protection,
equity protection ("gap"), title, or mechanical breakdown
warranty.
I/We appoint AL as my/our agents to arrange, and
assist in the management of, finance or insurance facilities (or
both) as detailed in the application I am/we are completing on
this website (“Application”).
1. ACKNOWLEDGEMENT OF DISCLOSURE OF CREDIT INFORMATION TO A CREDIT
REPORTING AGENCY
I/We acknowledge and agree that under Section 18E(8)(c) of the
Act, an Approached Credit Provider may give a credit reporting
agency certain personal information about my/our Application.
The information which may be given to a credit reporting agency
is covered by Section 18E(1) of the Act and includes:
information reasonably required to identify me/us;
the fact that I/we have applied for finance and the amount;
the fact that the Approached Credit Provider is a current credit
provider to me/us;
payments which become overdue more than 60 days, and for which
collection action has commenced;
advice that payments are no longer overdue;
certain cheques drawn by me/us which have been dishonoured more
than once;
in specific circumstances, that in the opinion of the Approached
Credit Provider, I/we have committed a serious credit infringement;
and
that finance provided to me/us by the Approached Credit Provider
has been paid or otherwise discharged.
2. AGREEMENT / AUTHORITY FOR AN APPROACHED CREDIT PROVIDER TO
PERFORM CERTAIN PERMITTED ACTIONS CONCERNING A FINANCE APPLICATION
OR TRANSACTION
I/We agree that,
if it is considered relevant in assessing my/our Application
for personal credit, an Approached Credit Provider may obtain
a report about my/our commercial activities or commercial credit
worthiness from a business which provides information about the
commercial credit worthiness of persons; and
if it is considered relevant in assessing my/our Application for
commercial credit, an Approached Credit Provider may obtain from
a credit reporting agency a credit report containing personal
credit information about me/us.
I/We agree that, for the purpose of assessing the Application
or any other purpose permitted by the Act, an Approached Credit
Provider may give to and seek from any credit providers named
in the Application, and any credit providers that may be named
in a personal or commercial credit report issued by a credit reporting
agency or commercial credit reporting agency respectively, information
about my/our personal or commercial credit arrangements. I/We
understand that this information may include information about
my/our credit worthiness, credit standing, credit history or credit
capacity that credit providers are allowed to give or receive
from each other under the Act.
3. AUTHORISATION TO ACT ON BEHALF OF INDIVIDUALS
For the purposes of arranging the finance which is the subject
of my/our Application, I/we authorise AL to obtain,
on my/our behalf, a report about my/our consumer and commercial
credit worthiness from a credit reporting agency or a commercial
credit reporting business or from a credit provider named in my/our
Application or referred to in such reports.
I/We also authorise AL to pass on the above obtained
reports to such Approached Credit Providers as are appropriate,
for their consideration of this Application.
4. COLLECTION AND MANAGEMENT OF PERSONAL INFORMATION
I/We acknowledge and agree that:
a) it is necessary for AL to collect personal information
regarding me/us from both ourselves and other parties, to enable
AL to apply, on my/our behalf, for the finance and
insurance facilities requested. I/We understand that if I/we do
not provide the information then AL will not be
able to seek the requested facilities from Approached Credit Providers
and Insurers;
b) the information collected may be disclosed to, and used by,
AL, Approached Credit Providers and Insurers to
the degree that each entity considers reasonable and necessary
in considering and arranging the requested facilities;
c) subject to the Act and any other applicable law, AL, Approached Credit Providers and Insurers may provide information
collected as above to any parties (such as referees, employers
etc) named in the Application to the extent they deem necessary
to assist in assessing and arranging the requested facilities;
d) AL is represented by franchisees in certain
areas and I/we agree that where applicable the Application may
be passed to any relevant franchisee who has agreed to abide by
the provisions of this Authorisation and Consent, and the AL Privacy Policy generally;
e) AL may retain the information obtained and,
at its discretion, provide to me/us, from time to time information
about AL products and services. The provision of
this information may be by telephone, mail or electronic media
(such as e-mail);
IF SUCH INFORMATION IS NOT REQUIRED THEN I/WE UNDERSTAND THAT
THIS PROVISION MAY BE CANCELLED BY ADVISING AL. IF THE CANCELLATION
REQUEST RELATES SPECIFICALLY TO AL, OR ONE OF ITS FRANCHISEES
OR CONTRACTORS, THEN AL SHOULD BE CONTACTED AT THE ADDRESSES LISTED
AT h) BELOW.
f) AL may disclose relevant parts of my/our personal
information to third parties it engages, to assist in the provision
of its services to me/us including mailing houses and IT contractors;
g) the appointment provided herein is an ongoing one and if an
Approached Credit Provider or Insurer has, as a result of an application
on my/our behalf by AL or Contractors, provided
facilities to me/us then that Credit Provider or Insurer is authorised
to provide information to AL from time to time relating
to the subsequent conduct of the facility;
h) I/we can gain access to the personal information I/we have
provided, or obtain more information on the AL Privacy Policy,
by contacting AL. I/we can gain access to personal information
held by AL and its franchisees and contractors to which it has
passed my/our personal information or obtain more information
on AL privacy policy, by contacting the AL privacy officer or
in writing. I/we understand that AL will pass privacy requests
and enquiries to any franchisee or contractor of AL where requested
to do so and AL will endeavour to assist with all privacy enquiries
relating to its franchisees and contractors;
i). Without limitation, AL has no responsibility
or liability in relation to any advice or information provided
by its affiliated financial institutions.
