Credit reference check Sample Clauses
Credit reference check. (a) You acknowledge that we may perform credit checks on you.
(b) If you are a natural person, you:
(i) acknowledge that the Privacy Act allows us to give a Credit Reporting Body certain Personal Information about you. The information we disclose to a Credit Reporting Body includes:
(A) permitted information which will allow you to be identified;
(B) the fact that you have applied for credit and the amount for which you have applied;
(C) the fact that we are a current credit provider to you;
(D) repayments that are overdue and for which debt collection has started; and
(E) information that in our opinion you have committed a serious credit infringement;
(ii) agree to our obtaining from a Credit Reporting Body a credit report containing information about your personal credit worthiness for the purpose of assessing your application and for the purpose of assisting in collecting overdue payments;
(iii) agree to our obtaining information about your commercial activities or commercial creditworthiness from any business which provides information about the commercial credit worthiness of persons, your accountant or any other supplier to you;
(iv) agree to our giving and obtaining from any credit provider named in your Order Form or in a credit report on you issued by a Credit Reporting Body, information about your credit arrangements for the purposes of:
(A) assessing your Order Form;
(B) notifying a default by you;
(C) allowing another credit provider to ascertain the status of your arrangements with us where you are in default with one or more other credit providers; and
(D) generally assessing your credit worthiness; and
(v) understand that the information exchanged can include any information about your personal and/or commercial credit worthiness, credit standing, credit history or credit capacity which the Privacy Act allows credit providers to give to or receive from each other.
Credit reference check. (a) You acknowledge that we may perform credit checks on you and obtain a credit report about you.
(b) You agree to our giving to and obtaining from any credit provider named in your Order Form or in a credit report on you issued by a Credit Reporting Body, information about your credit arrangements for the purposes of:
(A) assessing your Order Form;
(B) notifying a default by you;
(C) allowing another credit provider to ascertain the status of your arrangements with us where you are in default with one or more other credit providers; and
(D) generally assessing your credit worthiness.
(c) You understand that the information exchanged can include any information about your personal and/or commercial credit worthiness, credit standing, credit history or credit capacity which credit providers may lawfully give to or receive from each other.
Credit reference check. 10.1 The Customer acknowledge that the provision of the Services, Connection Equipment and any other obligation under the Contract by CMTG shall be subject to applicable laws, codes and regulations.
10.2 CMTG may conduct a credit check on the Customer prior to processing the application for Service. The Customer authorises CMTG to make all enquiries reasonably necessary to determine the Customer’s creditworthiness including by conducting requests for information from banks, credit agencies and other financial institutions.
10.3 The Customer agrees that CMTG may disclose a credit report to any credit provider or debt collection agency for the purposes of:
a) assessment of the Customer’s creditworthiness; b) the collection of payments that are overdue.