Privacy and Consent Form

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PRIVACY & CONSENT FORM

Lakes Loans Pty Ltd (ACN 639 184 339), Credit Representative Number # 521876 (referred to as “Lakes Loans”/we/us”). By signing this document, you agree we can collect, hold, use and exchange personal and credit information about you for these stated purposes. The Privacy Policy also contains information on how you can complain about a breach of the privacy laws, how you can access or request to correct your personal and credit information that we hold about you and how to have that information amended.

What is personal information?

Personal information is information or an opinion about an identifiable or reasonably identifiable person. The personal information we will collect and hold will include your name, date of birth, gender, telephone number, address, email, employment details and any other information we may need to identify you.

What is credit information?

Credit information is personal information that relates to credit that a person has applied for or has been provided. The credit information that we will collect from you may include your records of credit that you have applied for (including the name of the credit provider, the type of credit and the amount of credit), default information or any other information that has a bearing on your credit worthiness used to determine your eligibility for credit. Credit information also include credit reporting information supplied to us by a credit reporting body and any information that we derive from it.

We will collect, hold, disclose and use your personal and credit information to:

  1. (a)  assess and verify your identity and financial situation;
  2. (b)  assess your credit application, or your suitability as a guarantor to a credit application;
  3. (c)  provide such information to a guarantor or related applicant;
  4. (d)  exchange your information with a credit reporting body;
  5. (e)  disclose your information to credit providers as set out in our ‘Credit Provider Schedule’ to arrange credit;
  6. (f)  disclose your information to an insurer to arrange insurance you wish to obtain;
  7. (g)  Obtain from, and disclose to, third-parties such as your employer, landlord, real estate agent, lending institution and guarantor; who are deemed as reasonably necessary to arrange finance and/or insurance; and
  8. (h)  refer you to other organisations, service providers or business partners or obtain referrals from them to you.

We may not be able to proceed with credit assistance without the ability to collect, hold, disclose and use your personal and credit information.

Identity & financial situation verification

We are required by the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) to collect and use personal and credit information from you in order to identify you. We are also required by the National Consumer Credit Protection Act 2009 (Cth) to collect credit information and personal information about you and take reasonable steps to verify this, including your financial situation. This verification may include enquiring via a credit reporting body.

Authority to make requests

Youauthoriseustomakerequestsforpersonalandcreditinformationfromcreditprovidersandcreditreportingbodies.By signing this Privacy Consent, you consent to the credit providers listed in the schedule to this consent doing any of the following:

  1. (a)  where you are the borrower—obtaining information or a report about your commercial activities or commercial credit worthiness for the purpose of assessing your application from any business which provides information about the commercial credit worthiness of persons (this includes a credit reporting body);
  2. (b)  where you are the borrower—giving to and obtaining from any credit provider named in your credit application or in a creditreportonyouissuedbyacreditreportingagency,informationaboutyourcreditarrangementsforpurposesof:
    1. (i)  assessing your application for credit;
    2. (ii)  notifying a default byyou;
    3. (iii)  allowing another credit provider to ascertain the status of your finance arrangements with us where you are in default with one or more other credit providers; and

(iv) generally assessing your credit worthiness;

(c) where you are the borrower—disclosing personal and credit information to a person you have nominated to act as guarantor for the purpose of the guarantor considering whether to offer to act as a guarantor or offer property as security for the credit; and

(d) where you are the guarantor—obtaining a report about your credit worthiness from a credit reporting body for the purpose of assessing whether to accept you as a guarantor.

Youacknowledgeandagreethattheinformationreferredtoabovecanincludeanyinformationaboutyourpersonaland/or commercial credit worthiness, credit standing, credit history or credit capacity which the Privacy Act 1988 (Cth) allows credit providers to give to or receive from each other.

Disclosures

We will disclose or exchange your personal and credit information to the following persons:

  1. (a)  potential credit providers and/or insurers as part of our credit assistance process;
  2. (b)  third-parties to verify the details provided are correct, including with your agents, guardians, attorneys and employers;
  3. (c)  our related body corporates, assignees, agents, contractors and advisers;
  4. (d)  law enforcement, government and regulatory bodies;
  5. (e)  any person who refers you to us for credit assistance;
  6. (f)  joint applicants and guarantors;
  7. (g)  any financial institution to, or from which a payment is made;
  8. (h)  debtcollectionagencies;and
  9. (i)  anyone who refers you to us.

We will not disclose your personal and credit information to any overseas recipient.

Credit reporting bodies

We may exchange personal and credit information with a credit reporting body as detailed below:

  1. (a)  disclosure of details such as name, date of birth and address to obtain a credit report on the applicant or guarantor in our capacity as an access seeker in the credit assistance process;
  2. (b)  use any information provided by a credit reporting body to assist us in conducting a preliminary assessment of a proposed credit application and its suitability to the applicant; and
  3. (c)  request a credit reporting body to provide us with an assessment of whether information provided by the applicant or guarantor matches that in the credit report to verify the identity of applicant and/or guarantor.

Our current Credit Reporting Body is Equifax and you can contact them on phone 1300 762 207 or email subscriberassist.au@equifax.comduringopeninghoursofMon-Fri8.30amto6.00pmEasternStandardTime. Youcanobtain their Privacy Policy from their website at http://www.equifax.com.au.

Credit providers

We may submit a credit application to credit providers listed in our ‘Credit Provider Schedule’. If a credit provider holds pertinent credit eligibility information, the credit provider must share this information with us, yourself or someone you have authorised to act on your behalf. Credit providers may also engage directly with a credit reporting body and you can ascertain the details on this and how they handle personal and credit information via their websites which are listed in our ‘Credit Provider Schedule’. If your credit application proceeds with a credit provider you may be asked again for your consent to collect, store and use your personal and credit information by this credit provider.

Your rights

You have the right to ask:

  1. (a)  that we provide you with the personal and credit information we hold about you;
  2. (b)  that we correct any personal and credit information we hold about you that is shown to be incorrect;
  3. (c)  for copies of our Privacy Policy and this document;
  4. (d)  the credit reporting body does not use your personal information for assessment purposes or direct marketing; and
  5. (e)  the credit reporting body provides you with a copy of information it holds about you.

To access and/or seek correction of your personal or credit information we hold, or make a complaint about privacy, you can contact our Privacy Officer (Damien Cummings) on phone number 0421 246 231, email via damien@lakesloans.com.au or registered post to Level 9, 123 Albert Street Brisbane 4000.

Marketing
We would like to contact you from time to time with marketing information about the products and services we provide. You can opt-out of receiving direct marketing communication from us at any time.

If you do NOT want to receive marketing information from us, please tick this box: Electronic communication

If you provide us with an email address or mobile phone number, you consent for us to use these details to send you, or make available to you, notices and relevant documents, including those from a credit provider or insurer. You are therefore responsible for maintaining appropriate software, hardware and associated processes to receive, access, review, print and save copies of such documents.

This consent applies to all types of communication that is permitted by law to occur electronically. Therefore, paper (hardcopy) documents may not be provided to you, unless we are obliged to by law. You must regularly check advised electronic communication mediums for communication from us. If your details change, you must promptly notify us.

If you wish to withdraw your consent to electronic communication, please notify us on phone number 1300 003 003, email via damien@lakesloans.com.au or registered post to Level 9, 123 Albert Street Brisbane 4000.

ACKNOWLEDGEMENT

By signing below, as applicant or guarantor, I acknowledge and declare that I have read and understood this Privacy Consent. I consent to the collection, storage, use and disclosure of my personal information and credit information in accordance with this Privacy Consent.

Applicant 1Applicant 2
Name:Name:
Signature:

Signature:

Date signed:Date signed:
Guarantor 1Guarantor 2
Name:Name:
Signature:Signature:
Date signed:Date signed:
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CREDIT PROVIDER SCHEDULE

Lakes Loans Pty Ltd (ACN 639 184 339), Australian Credit Representative number #521876

CREDIT PROVIDERABN or ACNWEBSITE ADDRESS
Affordable Car Loans23098491484http://www.affordablecarloans.com.au
ANZ11005357522http://www.anz.com
Automotive Financial Services Pty Limited73003622375http://www.afs.com.au
Australian Premier Finance54104959435http://www.australianpremierfinance.com.au
Axsess today50603323182https://www.axsesstoday.com.au
Alphera Financial Services78007101715https://www.alphera.com.au
Bank of Queensland Limited32009656740http://www.boq.com.au
BMW Australia Finance Limited78 007 101 715http://www.bmw.com.au
Capital Finance Australia Limited23069663136http://www.capitalfinance.com.au
Commonwealth Bank of Australia48 123 123 124http://www.commbank.com.au
Evergreen Finance Company Pty Ltd35126481865http://www.evergreenfinancecompany.com
Fin One Pty Ltd80139719903http://www.finone.com.au
Flexirent Capital Pty Ltd93064046046http://www.flexigroup.com.au
Latitude Automotive Financial Services80004187419http://www.latitudefinancial.com.au
Greenlight Auto Finance39131507474https://greenlightauto.finance
Get Capital equipment and business loans24149390625http://www.loans.getcapital.com.au/business- loans
International Acceptance Group098 034 041https://theiagroup.com.au
Latitude Personal Finance Pty Ltd54008443810http://www.latitudefinancial.com.au
Liberty Financial Services88711598989https://www.liberty.com.au
Lumi Finance75627897625https://www.lumi.com.au/business-loans
Macquarie Leasing Pty Ltd46008583542http://www.macquarie.com.au
Morris Finance Group70083630 139http://www.morrisfinance.com.au
ME Bank56070887679http://www.mebank.com.au
Money 3 Loans Pty Ltd108979406http://www.money3.com.au
Pepper Money55094317665http://www.pepper.com.au
ON Deck Capital Australia.28603753215https://www.ondeck.com.au
R.A.C.V Finance Limited82004292291http://www.racv.com.au
Rapid Loans54103660546https://www.rapidloans.com.au
Secure Funding Pty Ltd (Liberty)25081982872http://www.liberty.com.au
Selfco Leasing099591616http://www.selfco.com.au
Silver Chef Rentals Pty Ltd33112241522http://www.silverchef.com.au
St George Bank33007457141http://www.stgeorge.com.au
TL Rentals27071702264http://www.tlrentals.com.au
Victorian Mortgage Group42006110998http://www.vicgroup.com.au
Westpac Banking Corporation33007457141http://www.westpac.com.au
Wingate Consumer Finance (Now Finance)158703612http://www.nowfinance.com.au
Wisr Personal Loans80004661205https://wiseloan.com
VW Financial Services14 093 117 876https://www.volkswagen.com.au/en/financial-services.html
Yamaha Motor Finance Australia29101928670http://www.ymf.com.au
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