Privacy Statement

To: Northway Broker Limited trading as ‘PaydayMate’ and Northway Financial Corporation Limited (“We”)
“You” refers to the applicant.

PERSONAL INFORMATION – Collection Statement

You acknowledge that We collect your personal information to: assess your application and provide this product and broking and related services to You respectively; communicate with You in relation to this product and all transactions relating to the product; monitor, audit, evaluate and otherwise administer this product and related services; provide related facilities and services including settlement; offer products of similar type which We expect may be of interest to You; keep and maintain a register of holders of the product and all persons who provide credit support in relation to the product; provide information about our products and services to You; provide to contractors or other third party service or credit providers which provide services or credit in connection with this product and related services for these purposes, including organisations to whom We outsource certain functions.

You acknowledge that our agents, brokers, contractors and third party service providers are bound by confidentiality arrangements and they may only use your personal information for our purposes; and We may be allowed to disclose information by law.

You authorise us to use personal information collected from or in connection with you for all other purposes listed in this Collection Statement.

You acknowledge that if You do not provide or provide incomplete or inaccurate information, We may not be able to process or accept your application.

You acknowledge that We are permitted to disclose personal information to other members of our group of companies (the Group), to enable the Group to have an integrated view of its customers; and your personal information may also be assessed by the Group staff in other countries, for transactional reasons and to enhance our relationship with you.

CREDIT REPORTING

Information may be given to a credit reporting agency (“Agency”)

You acknowledge that the Privacy Act (the Act) allows us to give an Agency certain information about You which You authorise us and our agents to do. The information which may be given to an Agency may include identity particulars (as permitted by the Act); the fact that You have applied for credit and the amount; the fact that We are a credit provider to You; payments which become overdue for more than 60 days; advice that payments are no longer overdue; in specified circumstances, that in our opinion, You have committed a serious infringement; and that the credit provided to You by us have been paid or otherwise discharged.

Authority for us to obtain certain credit information

To enable us to assess your application for personal or commercial credit, You authorise us and our agents to obtain from an Agency a credit report containing personal credit information about You in relation to personal or commercial credit provided by us and other information in relation to your commercial credit activities; and a report containing information about your commercial activities or commercial credit worthiness from a business which provides information about the commercial credit worthiness of a person in relation to personal credit provided by us.

Authority to exchange information with other credit providers

You authorise us to give to and obtain from our agents (as defined in the Act) and credit providers that may be named in a credit report issued by an Agency information about your credit arrangements. You understand this information can include any information about your credit worthiness, credit standing, credit history or credit capacity that credit providers are allowed to give or receive from each other under the Act.
You understand the information may be used to assess an application by You for credit and your credit worthiness; assist You avoid defaulting on your credit obligations; and notify other credit providers of a default by You.

Access to my personal information

You acknowledge that You can contact us to request for further information on our privacy policy and to access to your personal information held by us (subject to permitted exceptions) and charges may apply of such access.

Telephone calls

You agree that some telephone calls may be monitored or recorded by us for the purpose of maintaining and improving our service standards or for training our staff.