PRIVACY AND CREDIT INFORMATION
PRIVACY ACT AUTHORISATIONS I AGREEMENT
Authorisation to Act on Behalf of Individuals
1. Acknowledgement of Disclosure of Credit Information to a Credit Reporting Agency
I/We acknowledge that Section IBE(B)(c) of the Privacy Act allows for a credit provider which Lowe Finance may approach in arranging my/our
finance (hereinafter the Approached Credit Provider), to give a credit reporting agency certain personal information about my/our application for
finance.
The information which may be given to an agency is covered by Section 18E(1) of the Act and includes:
Such permitted particulars about me/us which allow me/us to be identified;
The fact that I/we have applied for finance and the amount;
The fact that the abovenamed 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;
Cheques drawn by me/us which have been dishonoured more than once;
In specified circumstances, that in the opinion of the approached credit provider, I/we have committed a serious credit infringement;
That finance provided to me/us by the approached credit provider has been paid or otherwise discharged.
By virtue of this declaration I/we understand that Lowe Finance or their agents has informed me/us of the disclosure policy to a credit reporting
agency of information about me/us by Approached Credit Providers and I/we so authorise such disclosures.
2. Agreement/Authority for Credit Provider to Perform Certain Permitted Actions Concerning a Finance Application or Transaction
a) I/We agree that, if it is considered relevant in assessing my/our application for personal credit, the 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 (Section 18L(4)).
b) I/We agree that, if it is considered relevant in assessing my/our application for commercial credit, the Approached Credit Provider may obtain
from a credit reporting agency a credit report containing personal credit information about me/us (Section IBK(l)(b)).
c) I/We agree that the Approached Credit Provider may give to and seek from any credit providers named in the accompanying finance
application and any credit providers that may be named in a personal or commercial credit report issued by a credit reporting agency or a
commercial credit reporting agency respectively, information about my/our personal or commercial credit arrangements for the purpose of
assessing my/our finance application or collecting any overdues; 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 give or receive from each other
under the Privacy Act (Section lBN{l)(b)).
3. Authorisation to Act on Behalf of Individuals
a) For the purposes of arranging the finance which is the subject of my/our application, I/we authorise Lowe Finance or the Approached Credit
Provider to obtain a report about my/our consumer or commercial credit worthiness from a credit reporting agency or a commercial credit
reporting business (Section 18H(3)) or from a credit provider named in this application or referred to in such reports (Section 18N(1)(ga)).
b) I/we also authorise Lowe Finance to pass on the above obtained reports to such credit providers as are appropriate, for their consideration of
this application.
c) I/we also authorise Lowe Finance to give to and receive from such parties as are necessary to the arranging of this finance, such personal
information about me/us which is necessary to the arrangement.
PRIVACY ACT AUTHORISATIONS I AGREEMENT
Authorisation to Act on Behalf of Individuals
1. Acknowledgement of Disclosure of Credit Information to a Credit Reporting Agency
I/We acknowledge that Section IBE(B)(c) of the Privacy Act allows for a credit provider which Lowe Finance may approach in arranging my/our
finance (hereinafter the Approached Credit Provider), to give a credit reporting agency certain personal information about my/our application for
finance.
The information which may be given to an agency is covered by Section 18E(1) of the Act and includes:
Such permitted particulars about me/us which allow me/us to be identified;
The fact that I/we have applied for finance and the amount;
The fact that the abovenamed 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;
Cheques drawn by me/us which have been dishonoured more than once;
In specified circumstances, that in the opinion of the approached credit provider, I/we have committed a serious credit infringement;
That finance provided to me/us by the approached credit provider has been paid or otherwise discharged.
By virtue of this declaration I/we understand that Lowe Finance or their agents has informed me/us of the disclosure policy to a credit reporting
agency of information about me/us by Approached Credit Providers and I/we so authorise such disclosures.
2. Agreement/Authority for Credit Provider to Perform Certain Permitted Actions Concerning a Finance Application or Transaction
a) I/We agree that, if it is considered relevant in assessing my/our application for personal credit, the 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 (Section 18L(4)).
b) I/We agree that, if it is considered relevant in assessing my/our application for commercial credit, the Approached Credit Provider may obtain
from a credit reporting agency a credit report containing personal credit information about me/us (Section IBK(l)(b)).
c) I/We agree that the Approached Credit Provider may give to and seek from any credit providers named in the accompanying finance
application and any credit providers that may be named in a personal or commercial credit report issued by a credit reporting agency or a
commercial credit reporting agency respectively, information about my/our personal or commercial credit arrangements for the purpose of
assessing my/our finance application or collecting any overdues; 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 give or receive from each other
under the Privacy Act (Section lBN{l)(b)).
3. Authorisation to Act on Behalf of Individuals
a) For the purposes of arranging the finance which is the subject of my/our application, I/we authorise Lowe Finance or the Approached Credit
Provider to obtain a report about my/our consumer or commercial credit worthiness from a credit reporting agency or a commercial credit
reporting business (Section 18H(3)) or from a credit provider named in this application or referred to in such reports (Section 18N(1)(ga)).
b) I/we also authorise Lowe Finance to pass on the above obtained reports to such credit providers as are appropriate, for their consideration of
this application.
c) I/we also authorise Lowe Finance to give to and receive from such parties as are necessary to the arranging of this finance, such personal
information about me/us which is necessary to the arrangement.
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