This statement contains important information about the credit reporting bodies to whom we may disclose your personal and credit information.
Membo Finance Pty Ltd trading as ClearLoans (ClearLoans) is a credit provider offering personal loans secured by guarantee. We hold an Australian Credit Licence which authorises us to offer finance to you. We operate through Richmond Group Financial Services Pty Ltd (RGFS) who own and operate the ClearLoans website on our behalf. We have appointed RGFS as our credit representative to perform our obligations or exercise our rights in relation to loans we have entered into. This means RGFS is responsible for contracting on our behalf, administering the loans, and handling collections. We do not pay RGFS for these services.
'Personal information’ means any details about you, from which your identity is apparent or can be uncovered. Common examples of personal information include your name, date of birth and home address.
'Credit information’ is personal information that relates to credit that you have applied for or have been provided. Common examples of credit information are your identification details (your name, date of birth, gender, drivers licence number, and current and previous addresses), records of credit that you have applied for (including the name of the credit provider, the type of credit and the amount of credit), default information, or any information that has a bearing on your credit worthiness used to determine your eligibility for credit. It can also include your information where you are a guarantor of a loan.
If you apply for credit or offer to act as a guarantor, we may disclose the personal and credit information that we collect from you to a credit reporting body and also collect personal and credit information about you from a credit reporting body. We use this information in order to determine your eligibility to obtain credit or to act as a guarantor, and we may also use it to create an unsuitability assessment or a rating regarding your suitability for credit. If you do not meet your credit-related payment obligations or if you commit a serious credit infringement, we may be entitled to disclose this to a credit reporting body.
Credit reporting bodies may disclose your personal and credit information in credit reports given to credit providers who may use it for the purpose of assessing your credit worthiness.
We deal with the following credit reporting bodies:
We may disclose your personal and credit information to entities located overseas in New Zealand, the United Kingdom or the USA.
You have the right to:
If there is anything you don't understand or if you have any questions about our services, please get in touch and we will be more than happy to help. You can contact us on the below details:
|Membo Finance Pty Ltd||Richmond Group Financial Services Pty Ltd|
Credit Licence Number: 428415
Credit Representative Number: 502379