Declaration & Privacy Waiver

Privacy Waiver – Credit Reporting and Bank Transaction Information

Collection of Personal Information from Third Parties

Credit Reporting and Identity Verification (Centrix)

We will provide your personal information to Centrix Group Limited when we use their consumer credit reporting services (for example, for credit checking and identity verification).

Details of how Centrix handles your personal information can be found at: https://www.centrix.co.nz/privacy-statement/

Centrix will collect your credit information for the purpose of providing credit reporting services to us and other subscribers to Centrix consumer credit reporting services. Centrix will use and disclose your credit information in accordance with the Centrix Privacy Statement. You have rights of access to, and correction of your credit information and any other personal information held by Centrix as set out in the Centrix Privacy Statement.

Bank Reporting and Transaction Information (Credit Sense and Illion)

We may collect information about your bank account transactions for a period of up to 90 days from Credit Sense Limited or Illion Bank Statements, third-party information service providers.

Credit Sense will contact you directly to obtain your authorisation before accessing your bank account transaction information. Details of how Credit Sense Limited handles your personal information can be found at: https://www.creditsense.co.nz/privacy-policy/
Or a link to Illion Bank Statements will be emailed for your authorisation before accessing your bank account transaction information. Details of how Illion Bank Statements handles your personal information can be found at: https://www.experian.com.au/privacy-policy-terms-conditions


Additional Privacy Notice – Collection from Third Parties (IPP3A)

1. Information we collect and source

New Zealand Finance Ltd trading as Grabaloan may collect personal information about you from third parties, including:

•       credit and identity verification information from Centrix Group Limited; and
•       bank account transaction information from Credit Sense Limited and/or Illion Bank Statements Ltd.

2. Purpose of collection

The purposes for collecting this information are to:

•       assess your credit history, creditworthiness, and affordability;
•       verify your identity;
•       assess and process your application; and
•       meet our legal and regulatory obligations.

3. Legal authority for collection

The collection of this information is required or authorised by law, including for compliance with:

•     the Credit Contracts and Consumer Finance Act Responsible Lending Code 2023; and
•     the Anti Money Laundering and Countering Financing of Terrorism Act 2009, including monitoring for potentially suspicious activity.

4. Consequences of not providing the information

If we are unable to collect this information, we may be unable to assess your application, verify your identity, assess affordability, or provide our services to you.

Contact Details

New Zealand Finance Ltd trading as Grabaloan
43 High Street, Auckland
PO Box 106878, Auckland 1146
Phone: 0800 85 55 55
Email: info@grabaloan.co.nz
Privacy Policy: https://grabaloan.co.nz/legal-stuff/

Credit Reporting Agency
Centrix Group Limited
PO Box 62512, Greenlane, Auckland 1546
Email: helpdesk@centrix.co.nz
Phone: 0800 236 874
Privacy Policy: https://www.centrix.co.nz/privacy-statement/

Bank Reporting Service Providers
Credit Sense Limited
Suite #1283, Level 1, 241 Adelaide Street,
Brisbane, QLD 4000, Australia
Phone: +61 7 3177 0810
Email: info@creditsense.co.nz
Privacy Policy: https://www.creditsense.co.nz/privacy-policy/

Illion Bank Statements (Experian Australia)
Level 30, 360 Collins Street, Melbourne, VIC 3000, Australia
Phone: +61 3 9828 3443
https://bankstatements.com.au/
Privacy Policy: https://www.experian.com.au/privacy-policy-terms-conditions


Access and Correction Rights

You have the right to request access to, and correction of, your personal information held by New Zealand Finance Ltd trading as Grabaloan, Centrix Group Limited, and Credit Sense Limited and Illion Bank Statements, in accordance with the Privacy Act 2020.

DECLARATION & PRIVACY WAIVER

I/We, being the signatories below, hereby authorise any person or body of persons listed below to disclose to New Zealand Finance Ltd trading as Grabaloan (NZF) promptly on request, the following personal information about me/us

1. My current address and or current whereabouts, including any arrival and departure records held in New Zealand:
2. My current known name(s);
3. My other known name(s);
4. My current bank account(s) including bank statements; and
5. Any employment details.

The persons or bodies of persons to whom this authority applies are:

1. any New Zealand Government department, agency or service including (but not limited to):
   
   • Ministry of Social Development (including Work and Income);
   • Inland Revenue;
   • Ministry of Justice;
   • Department of Corrections;
   • New Zealand Immigration Service;
   • New Zealand Police; and /or
   • Housing New Zealand Corporation/Kainga Ora;
2. any New Zealand Telecommunication Company or service including (but not limited to);
   • Spark Limited; and/or
   • One New Zealand Limited.
3. any registered bank in New Zealand;
4. any other credit provider or debt collector in New Zealand; and
5. any current or previous employer.

PURPOSE AND USE OF COLLECTION

I/We understand that NZF is collecting information to determine whether to advance credit, which it may not be able to do if all the requested information is not provided. Information collected and held may be used by NZF from time to time for credit assessment and control purposes, to register a security interest, for sending promotional and other material about the services it supplies, and generally to do business with me/us. It will also be used to meet any of NZF’s legal obligations, in particular under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009, and for the collection of any monies owing by me/us.

I/We acknowledge that the information collected may be exchanged with organisations or people including other credit providers, government departments, my/our employer, and my/our relatives for those purposes. Under the Privacy Act, I/we have the right to access and correct my/our personal information. I/We acknowledge that, in addition to the information provided here, I/we have been made aware of NZF’s privacy policy, which is set out on the NZF website at: https://grabaloan.co.nz/legal-stuff/ and on the application page.

PRIVACY DECLARATION

I/We declare that the information provided on my/our credit application form is true and correct.

I/We understand that credit checks (including with credit reporting services such as Centrix) and Personal Property Security Register (PPSR) checks will be carried out so that NZF can process my/our application and decide whether I/we can afford to meet my/our obligations. I/we understand that the provision of my/our driver’s licence number is voluntary, and I/we authorise that my/our driver’s licence number may be provided to Centrix as part of processing a credit check. Where collection of the licence number and card is in person, NZF will take reasonable steps to ensure the individual is the individual shown on the driver’s licence.

I/We understand and I/we authorise Centrix and/or other credit services to give NZF information about me/us for the purpose of assessing my/our loan application, and that NZF will give Centrix and/or other credit agencies information which will be held by those credit agencies on their systems and will be used to provide future credit reports. This means that the information I/We give NZF and which NZF passes on to Centrix and/or other credit agencies will be given to their respective customers who also use the particular credit reporting service.

In compliance with the Motor Vehicle Register, s241, NZF may access and use information from the Motor Vehicle Register for the purposes of verifying the details of any motor vehicle that I/we have provided as security, including Personal Property Security Register (PPSR) checks. This information will be used solely for the purpose of assessing my/our application and managing my/our account.

I/We authorise NZF to use Centrix and/or other party’s credit reporting services, including the Motor Vehicle Register, in the future, in relation to the provision of credit to me/us (including assessing ongoing affordability), administering the loan and enforcing payment. This may include using monitoring services and receiving updates if any of the information held about me/us changes.

I/We irrevocably agree that NZF may give to, and seek from, credit providers, credit reporting agencies, my/our employer/s, relative/s or other named person/s such personal, financial and commercial information as is reasonably necessary relating to this credit application, the administration of any loan and any ongoing debt recovery.

I/We acknowledge that any costs reasonably incurred relating to debt recovery are payable by me/us and that a default may be recorded against my/our credit history for non-payment of debts incurred with NZF.

I/We understand and agree that the information on this form may be exchanged with other credit providers or other third parties to assist the recovery of my/our debt.

I/We have read and accept the terms of this Declaration and Privacy Waiver.