The law requires us to advise you of disclosures we may make to credit reporting bodies in relation to how we may use your Credit Information.
We exchange your Credit Information with credit reporting bodies. We use the Credit Information that we exchange with the credit reporting bodies to assess your creditworthiness, assess your application for finance, and manage your finance.
If you fail to meet your payment obligations in relation to any finance that we have provided or arranged, or you have committed a serious credit infringement, then we may disclose this information to credit reporting bodies.
You have the right to request access to the Credit Information that we hold about you and request for us to correct that Credit Information if needed. (Please see the heading Access and correction of Personal Information, below.)
To help us reach the right people with our credit direct marketing, we may ask credit reporting bodies to 'pre-screen' a list of potential recipients against our eligibility criteria to remove recipients that do not meet those criteria. The credit reporting bodies cannot use Credit Information about your existing loans or repayment history in carrying out its pre-screening and it must destroy its pre-screening assessment once it has been given to us, or a contractor acting on our behalf.
If you do not want us to use your Credit Information for pre-screening by a credit reporting body, you can opt-out by informing those credit reporting bodies listed on your privacy consent, whose contact details are on their websites.
You may contact the credit reporting bodies to advise them that you believe that you may have been a victim of fraud. For a period of 21 days after the credit reporting bodies receives your notification, the credit reporting bodies must not use or disclose that Credit Information.
Each credit reporting body has a credit reporting policy about how they handle your information. You can contact any of the following credit reporting bodies for more information or to obtain copies of these policies at their websites:
- Equifax (previously Veda Advantage Information Services and Solutions Limited) equifax.com.au,
- Dun & Bradstreet (Australia) Pty Ltd dnb.com.au, or
- Experian Credit Services Pty Limited experian.com.au