afinance

PERSONAL AND CREDIT INFORMATION PRIVACY ACT 1988 (AS AMENDED)
AUTHORISATION TO ACT ON BEHALF OF INDIVIDUALS AND MANAGE PERSONAL INFORMATION

I/We appoint Loan 2 U, and its associated entities, (?Loan 2 U?) and any independent contractors it

has appointed to assist in providing services to me/us (?Loan 2 U?) as my/our agents to arrange, and assist

in the management of, finance and/or insurance facilities as detailed in Section 5 hereof.

In this document:
	? The term ?finance? refers to any form of financial accommodation including, but not limited to, loans,

leases, rentals or hiring.
	? The term ?insurance? refers to any form of insurance facility including, but not limited to, motor vehicle

comprehensive, loan protection, equity protection (?gap?), title, or mechanical breakdown warranty.

If the purpose of the application is to arrange insurance facilities only, then sections 1, 2 and 3 will not apply.

1. ACKNOWLEDGEMENT OF DISCLOSURE OF CREDIT INFORMATION TO A CREDIT REPORTING AGENCY

I/We agree that under Section 18E(8)(c) of the Privacy Act, a Credit Provider which Loan 2 U and Contractors

may approach in arranging my/our finance (hereinafter an ?Approached Credit Provider?), may 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 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 Credit Provider, I/we have committed a serious

credit infringement;
	? That finance provided to me/us by the Credit Provider has been paid or otherwise discharged.

By virtue of this declaration, I/we understand that Loan 2 U and/or Contractors have informed me/us of the

disclosure policy to a credit reporting agency of information about me/us by Approached Credit Providers and so

authorize such disclosure.

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 for a

business which provides information about the commercial credit worthiness of persons.

I/We agree that, 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 an 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 commercial credit reporting agency respectively, information about

my/our personal or commercial credit arrangements.  I/We understand that this information can include any

information about me/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.

3. AUTHORISATION TO ACT ON BEHALF OF INDIVIDUALS

For the purposes of arranging the finance which is the subject of my/our application, the details of which appear

below, I/we authorize Loan 2 U and Contractors to obtain, an 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 names in my/our application or referred to in such reports.

I/We also authorize Loan 2 U and Contractors 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 Loan 2 U and Contractors to collect personal information regarding me/us from

both ourselves and other parties, to enable Loan 2 U and Contractors 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 Loan 2 U and Contractors 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, Loan 2 U, Contractors, Approached

Credit Providers and Insurers to the degree that each entity considers reasonable and necessary in considering and

arranging the requested facilities.

c) Loan 2 U, Contractors, 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) Loan 2 U may retain the information obtained and, at its discretion, provide to me/us, from time

to time information about Loan 2 U 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 DELETING

AND INITIALLING THIS CLAUSE OR BY LATER ADVISING Loan 2 U IN WRITING, AT ITS HEAD OFFICE ADDRESS OF 3442

PACIFIC HIGHWAY SPRINGWOOD QLD 4127.

e) Loan 2 U 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.

f) 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 Loan 2 U or Contractors, provided facilities to me/us then

that Credit Provider or Insurer is authorized to provide information to Loan 2 U and Contactors from time to

time relating to the subsequent conduct of the facility.

g) I/We can gain access to the personal information I/we have provided, or obtain more information on the

Loan 2 U Privacy Policy, by contacting Loan 2 U at any branch or at the Head Office at 3442 Pacific

Highway Springwood Qld 4127.

5.  FACILITIES SOUGHT
Purpose:   To arrange Finance and/or Insurance Facilities

6.  EXECUTION
I/We acknowledge that I/we have read and fully understand the contents of this document.  I/We also warrant that the

personal information provided by me/us in our application is true and correct and understand that Loan 2 U

and Contractors will be relying on the integrity of same in seeking to arrange the facilities required.

7. GUARANTOR PARTIES AGREEMENT
I/We agree that the Approached Credit Provider may seek a credit report concerning me/us from a credit reporting

agency to assess whether to accept me/us as a guarantor of the finance commitments for the above-named Applicant

Parties (Section 18K(1)(c)).

I/We also agree to Loan 2 U, Contractors, Approached Credit Providers and Insurers collecting, retaining,

disclosing and using my/our personal information to the degree and for the purpose described in paragraphs 4 and 5

above.

I/We understand that I/we can obtain access to the personal information I/we have provided as described in paragraph

4(f) above.

FURTHER AUTHORISATION AND CONSENTS ? THESE CLAUSES ARE ONLY OPERATIVE WHEN COMPLETED AND SIGNED BY ALL PARTIES
AUTHORISATION TO PROVIDE PERSONAL IFNORMATION TO A THIRD PARTY

I/We agree that Loan 2 U and Contractors may also disclose to the undermentioned third party personal

information which it has received about me/us relating to the progress and ultimate decision by the Approached

Credit and/or Insurance Provider/s on my finance and/or insurance application.  Such information may include:

? The type of facilities which are being considered and/or offered by the Approached Credit and/or Insurance

Providers.

? The actual decision on the application/s by the Approached Credit and/or Insurance Providers.

? The reasons supporting any decisions made by the Approached Credit and/or Insurance Providers, including

such personal information as may have been obtained by Loan 2 U, Contractors ad/or the Approached Credit

and/or Insurance Providers that has, in the opinion of Loan 2 U or Contractors, had any influence on the

decision made by the Providers.

In providing this authority, I/we acknowledge that Loan 2 U and Contractors have no control over the

personal information once it is passed to the third party, and consequently can not be held responsible or liable in

any way for the use or misuse of the information by the third party.