Loan Options Ai Pty Ltd
ABN: 75 641 873 716
ACL: 510 399
Building F, Level 4, Suite 2/1 Homebush Bay Dr, Rhodes NSW 2138
We collect information about you for the purposes you agree to in this Privacy Disclosure Statement and Consent. When you sign below, you agree we can, consistent with Australia's privacy and credit reporting laws, collect, use and exchange credit and personal information about you for those purposes.
PRIVACY DISCLOSURE STATEMENT AND CONSENT
We are collecting credit and personal information (information) about you, as applicable: To source for you, or a company of which you are a director:
To support a guarantor application you will provide.
As your broker, we require the information we collect from you to assess your credit or guarantor application, or the credit application of a company of which you are a director, source a suitable credit provider and any required insurances, and to manage the application process, where required. If you do not provide the information sought we may be unable to process your application, or the company''''s application, or we may be limited in the other services we can offer you or the company.
YOUR INFORMATION — COLLECTION AND CREDIT REPORTING BODY (CRB)
When we collect information from you in the credit application process, we use that information in a number of ways to assess your credit application and to source a suitable credit provider or lessor and/ or insurance provider.
The information we obtain from you is used, subject to compliance with Australia''''s privacy and credit reporting laws, only for the purposes listed in this Consent and is not disclosed to any other person except with your permission or as permitted, or required, by law.
As part of providing our services to you, we may undertake tasks for a credit provider which is reasonably necessary to manage the application process. When doing so, we are acting as agent for the credit provider, with the same privacy law requirements applying to both of us
We may submit your application to one or more credit providers. Those credit providers and their website addresses are set out in the Schedule 1 at the end of this document.
A credit provider, to whom we submit an application, may disclose information about you to, and collect information about you from, from one or more CRBs.
For each CRB the website details will include the following specific information:
This detail will also be included by the credit provider who approves your application in the privacy disclosure statement and consent document it will provide to you.
Each credit provider website includes information on how to contact the credit provider and how to obtain a copy of its privacy documents in a form that suits you (e.g. hardcopy or email).
You have the right to ask:
DISCLOSURE AND CONSENT
By signing below, you agree we may:
You also agree and consent to, as appropriate:
EXTENDED EFFECTIVENESS FOR COMMERCIAL CREDIT
Your agreement and consent to the disclosures and consents in this document will be effective for a period of 12 months, but only in relation to commercial credit. Your agreement to this ceases when you either withdraw it by contacting us using our details above or 12 months after you sign below, whichever first occurs. This will allow us to continue to provide our services to you without the need to ask you to sign a new privacy statement and consent each time you require commercial credit within a 12 month period. The extended effectiveness does not apply in relation to consumer credit.
Where the applicant, or guarantor, is a company of which you are a director, you consent to the use of your information, in addition to the company''''s information, in each of the ways listed above.
EFFECTIVENESS FOR CONSUMER CREDIT
This authorisation ceases when we undertake a task on behalf of the credit provider.