{"id":37730,"date":"2020-08-25T12:32:34","date_gmt":"2020-08-25T12:32:34","guid":{"rendered":"https:\/\/www.cosmeticloans.com.au\/?page_id=319"},"modified":"2020-08-25T12:32:34","modified_gmt":"2020-08-25T12:32:34","slug":"private-policy","status":"publish","type":"page","link":"https:\/\/www.furnitureloans.com.au\/private-policy\/","title":{"rendered":"private policy"},"content":{"rendered":"\n
1.1 As part of Flash Money Pty Ltd\u2019s (\u201cFlash Money\u201d) process to ensure that it continues to maintain the highest levels of professional integrity and ethical conduct, Flash Money has adopted this Privacy Policy (\u201cPolicy\u201d) to manage personal information in an open and transparent manner.<\/p>\n\n\n\n
1.2 The provisions of this Policy will assist Flash Money in complying with the requirements of the Privacy Act 1988 (Cth), the Australian Privacy Principles and the Credit Reporting Code in protecting the personal information Flash Money holds about its clients.<\/p>\n\n\n\n
2.1 This Policy applies to all representatives and employees of Flash Money at all times and the requirements remain in force on an ongoing basis.<\/p>\n\n\n\n
TERM<\/th> | DEFINATION<\/th><\/tr><\/thead> |
---|---|
APP entity<\/td> | means an agency or organisation as defined in section 6 of the Privacy Act 1988.<\/td><\/tr> |
Australian law<\/td> | meansan Act of the Commonwealth or of a State or Territory;or regulations, or any other instrument, made under such an Act; ora Norfolk Island enactment; ora rule of common law or equity.<\/td><\/tr> |
Collects<\/td> | Flash Money collects personal information only if Flash Money collects the personal information for inclusion in a record or generally available publication.<\/td><\/tr> |
Consumer Credit Report<\/td> | s a document produced by a credit reporting body (CRB) containing personal information about a client that has been provided by credit providers, or obtained from other sources. The credit reporting laws determine what information can be included in the consumer credit report. This includes, for example, information about any credit applications a client has made and any issues with repayment obligations, such as defaults, court judgments or bankruptcies.<\/td><\/tr> |
ourt\/tribunal order<\/td> | means an order, direction or other instrument made by:a court; ora tribunal; ora judge (including a judge acting in a personal capacity) or a person acting as a judge; ora magistrate (including a magistrate acting in a personal capacity) or a person acting as a magistrate; ora member or an officer of a tribunal; P 5 OF 21 and includes an order, direction or other instrument that is of an interim or interlocutory nature.<\/td><\/tr> |
CR Code<\/td> | refer to the Privacy (Credit Reporting) Code. This is written code of practice about credit reporting. The CR code supplements the credit reporting provisions contained in Part IIIA of the Privacy Act. A breach of the CR code is a breach of the Privacy Act. The CR code is registered on the OAIC\u2019s Codes Register.<\/td><\/tr> |
Credit Eligibility Information<\/td> | means credit reporting information that was disclosed to the credit provider by a CRB, or CP derived information. Credit eligibility information is generally held by a credit provider and may be disclosed to Affected Information Recipients and other entities in specific circumstances.<\/td><\/tr> |
Credit Provider<\/td> | The following entities are included as credit providers for the purposes of the Privacy Act:a bank;an organisation or small business operator if a substantial part of its business is the provision of credit, such as a building society, finance company or a credit union;a retailer that issues credit cards in connection with the sale of goods or services;an organisation or small business operator that supplies goods and services where payment is deferred for 7 days or more, such as a telecommunications carriers and energy and water utilities; andcertain organisations or small business operators that provide credit in connection with the hiring, leasing or renting of goods.mportantly, the following entities are not credit providers:real estate agents;general insurers; andemployers.<\/td><\/tr> |
CP Derived Information<\/td> | about an individual means any personal information (other than sensitive information) about the individual:that is derived from credit reporting information about the individual that was disclosed to a credit provider by a credit reporting body; andthat has any bearing on the individual\u2019s credit worthiness; andthat is used, has been used or could be used in establishing the individual\u2019s eligibility for consumer credit.<\/td><\/tr> |
Credit-Related Information<\/td> | means personal information that is:identification information about the individual; orconsumer credit liability information about the individual; orrepayment history information about the individual; ora statement that an information request has been made in relation to the individual by a credit provider, mortgage insurer or trade insurer; orthe type of consumer credit or commercial credit, and the amount of credit, sought in an application:that has been made by the individual to a credit provider; andin connection with which the provider has made an information request in relation to the individual; ordefault information about the individual; orpayment information about the individual; ornew arrangement information about the individual; orcourt proceedings information about the individual; orpersonal insolvency information about the individual; orpublicly available information about the individualthat relates to the individual\u2019s activities in Australia or the external Territories and the individual\u2019s credit worthiness; andthat is not court proceedings information about the individual or information about the individual that is entered or recorded on the National Personal Insolvency Index; orthe opinion of a credit provider that the individual has committed, in circumstances specified by the provider, a serious credit infringement in relation to consumer credit provided by the provider to the individual.<\/td><\/tr> |
Credit Reporting Body (CRB)<\/td> | means a business or undertaking that involves collecting, holding, using or disclosing personal information about individuals for the purpose of, or for purposes including the purpose of, providing an entity with information about the credit worthiness of an individual.<\/td><\/tr> |
Credit Reporting Laws<\/td> | are the laws regulating the handling of personal information for consumer credit reporting in Australia that are contained in the Privacy Act (principally in Part IIIA), the Privacy (Credit Reporting) Code and the Privacy Regulation 2013.<\/td><\/tr> |
De-identified<\/td> | personal information is de-identified if the information is no longer about an identifiable individual or an individual who is reasonably identifiable.<\/td><\/tr> |
Holds<\/td> | Flash Money holds personal information if it has possession or control of a record that contains the personal information.<\/td><\/tr> |
Identifier of an individual<\/td> | means a number, letter or symbol, or a combination of any or all of those things, that is used to identify the individual or to verify the identity of the individual, but does not include:the individual\u2019s name; orthe individual\u2019s ABN (within the meaning of the A New Tax System (Australian Business Number) Act 1999); oranything else prescribed by the regulations.<\/td><\/tr> |
Permitted general situation<\/td> | As defined in s16A of the Privacy Act 1988<\/td><\/tr> |
Personal Information means<\/td> | means information or an opinion about an identified individual, or an individual who is reasonably identifiable:whether the information or opinion is true or not; andwhether the information or opinion is recorded in a material form or not.<\/td><\/tr> |
Sensitive Information<\/td> | meansInformation or an opinion about an individual\u2019s:racial or ethnic origin; orpolitical opinions; ormembership of a political association; orreligious beliefs or affiliations; orphilosophical beliefs; ormembership of a professional or trade association; ormembership of a trade union; orsexual orientation or practices; orcriminal record; that is also personal information; orhealth information about an individual; orgenetic information about an individual that is not otherwise health information; orbiometric information that is to be used for the purpose of automated biometric verification or biometric identification or biometric templates<\/td><\/tr> |
Small Business Operators (SBO)<\/td> | is a person or organisation that has an annual turnover of $3,000,000 or less. For the purposes of the Privacy Act health service or businesses that trade in personal information are not SBO.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n4. PERSONAL INFORMATION<\/h3>\n\n\n\n4.1 The personal information Flash Money collects may include the following:<\/p>\n\n\n\n (a) name;<\/p>\n\n\n\n (b) address;<\/p>\n\n\n\n (c) date of birth;<\/p>\n\n\n\n (d) gender;<\/p>\n\n\n\n (e) marital status;<\/p>\n\n\n\n (f) occupation;<\/p>\n\n\n\n (g) account details;<\/p>\n\n\n\n (h) contact details (including telephone, facsimile and e-mail);<\/p>\n\n\n\n (i) financial information (including transactional and trading history); and<\/p>\n\n\n\n (j) other information Flash Money considers necessary to their functions and activities.<\/p>\n\n\n\n 4.2 Flash Money must not collect personal information (other than sensitive information) unless the information is reasonably necessary for one or more of Flash Money\u2019s functions or activities.<\/p>\n\n\n\n 4.3 Flash Money\u2019s functions or activities include:<\/p>\n\n\n\n (a) Engaging in credit activities as a credit provider by:<\/p>\n\n\n\n (i) carrying on a business of providing credit being credit the provision of which the National Credit Code applies to; and\/or<\/p>\n\n\n\n (ii) being a credit provider under a credit contract; and\/or<\/p>\n\n\n\n (iii) performing the obligations or exercising the rights of a credit provider in relation to a credit contract or proposed credit contract as the credit provider; and\/or<\/p>\n\n\n\n (iv) providing credit assistance to a consumer which relates to a credit contract or proposed credit contract under which the licensee is or will be the credit provider; and\/or<\/p>\n\n\n\n (v) being a mortgagee under a mortgage that secures or will secure obligations under a credit contract under which the licensee is the credit provider; and\/or<\/p>\n\n\n\n (vi) performing the obligations or exercising the rights of a mortgagee in relation to a mortgage or proposed mortgage which secures or will secure obligations under a credit contract under which the licensee is the credit provider; and\/or<\/p>\n\n\n\n (vii) being a beneficiary under a guarantee that guarantees obligations under a credit contract under which the licensee is the credit provider; and\/or<\/p>\n\n\n\n (viii) performing the obligations or exercising the rights of a beneficiary under a guarantee or proposed guarantee which guarantees obligations under a credit contract under which the licensee is the credit provider; and\/or<\/p>\n\n\n\n (ix) carrying on a business of providing consumer leases; and\/or<\/p>\n\n\n\n (x) being a lessor under a consumer lease; and\/or<\/p>\n\n\n\n (xi) providing credit assistance to a consumer in relation to a consumer lease or proposed consumer lease for which the licensee is the lessor; and\/or<\/p>\n\n\n\n (xii) performing the obligations or exercising the rights of a lessor in relation to the consumer lease as the lessor.<\/p>\n\n\n\n 5. SENSITIVE INFORMATION<\/h3>\n\n\n\n5.1 Flash Money must not collect sensitive information about an individual unless:<\/p>\n\n\n\n (a) the individual consents to the collection of the information and the information is reasonably necessary for one or more of Flash Money\u2019s functions or activities (as described in section 4.3); or<\/p>\n\n\n\n (b) the collection of the information is required or authorised by or under an Australian law or a Court\/Tribunal order; or<\/p>\n\n\n\n (c) a permitted general situation exists in relation to the collection of the information by Flash Money; or<\/p>\n\n\n\n (d) a permitted health situation exists in relation to the collection of the information by Flash Money.<\/p>\n\n\n\n 6. CREDIT-RELATED INFORMATION<\/h3>\n\n\n\n6.1 Where Flash Money receives a request for credit, the prospective client will be required to provide the following information:<\/p>\n\n\n\n (a) your name, residential address (including previous addresses), contact details (including telephone and email addresses) and other identity verification emails;<\/p>\n\n\n\n (b) your date of birth and gender;<\/p>\n\n\n\n (c) your credit history (including any repayments missed or late repayments that you have made)<\/p>\n\n\n\n (d) any credit rating or credit assessment score that we have derived or that is provided to us by a credit reporting body;<\/p>\n\n\n\n (e) details of any credit-related court proceedings or insolvency applications that relate to you;<\/p>\n\n\n\n (f) past experiences with Flash Money or other lenders, including the kinds of credit products the client has sought and how the client managed their obligations;<\/p>\n\n\n\n (g) where the prospective client makes a hardship application, Flash Money may require the client to provide additional information about their personal circumstances which Flash Money considers necessary<\/p>\n\n\n\n (h) other information Flash Money considers necessary to their credit functions and activities.<\/p>\n\n\n\n 7. MEANS OF COLLECTION<\/h3>\n\n\n\n7.1 Flash Money must only collect Credit-Related and\/or Personal Information by lawful and fair means.<\/p>\n\n\n\n 7.2 Flash Money must only collect Personal Information about an individual from the individual (rather than someone else), unless it is unreasonable or impracticable to do so or the individual has instructed Flash Money to liaise with someone else.<\/p>\n\n\n\n 7.3 Flash Money will collect Credit-Related and\/or Personal Information from an individual when:<\/p>\n\n\n\n (a) Flash Money\u2019s Application Form is completed;<\/p>\n\n\n\n (b) a Client provides the information to Flash Money\u2019s representatives over the telephone or via email; and<\/p>\n\n\n\n (c) a Client provides the information to Flash Money on the website.<\/p>\n\n\n\n 8. PURPOSE OF COLLECTION<\/h3>\n\n\n\n8.1 If an individual is acquiring or has acquired a product or service from Flash Money, the individual\u2019s Credit-Related and\/or Personal Information will be collected and held for the purposes of:<\/p>\n\n\n\n (a) checking whether an individual is eligible for Flash Money\u2019s product;<\/p>\n\n\n\n (b) disclosing an individual\u2019s Credit-Related Information to any of Flash Money\u2019s related companies that are also are considering whether to provide credit to the individual;<\/p>\n\n\n\n (c) providing the individual with Flash Money\u2019s product or service;<\/p>\n\n\n\n (d) managing and administering Flash Money\u2019s product or service;<\/p>\n\n\n\n (e) to collect payments that are owed to Flash Money in respect of any credit that has previously provided to the individual;<\/p>\n\n\n\n (f) protecting against fraud, crime or other activity which may cause harm in relation to Flash Money\u2019s products or services;<\/p>\n\n\n\n (g) responding to a complaint;<\/p>\n\n\n\n (h) where you otherwise expressly consent to the use or disclosure<\/p>\n\n\n\n (i) complying with legislative and regulatory requirements in any jurisdiction; and<\/p>\n\n\n\n (j) to assist Flash Money in the running of its business.<\/p>\n\n\n\n 8.2 Flash Money may also collect Personal information for the purposes of letting an individual know about products or services that might better serve their needs or other opportunities in which they may be interested. Please refer to Section G for further information.<\/p>\n\n\n\n 9. DEALING WITH UNSOLICITED PERSONAL INFORMATION<\/h3>\n\n\n\n9.1 If Flash Money:<\/p>\n\n\n\n (a) receives personal information about an individual; and<\/p>\n\n\n\n (b) the information is not solicited by Flash Money<\/p>\n\n\n\n Flash Money must, within a reasonable period after receiving the information, determine whether or not it was permitted to collect the information under Section B above.<\/p>\n\n\n\n 9.2 Flash Money may use or disclose personal information for the purposes of making the determination under paragraph 9.1.<\/p>\n\n\n\n 9.3 If Flash Money:<\/p>\n\n\n\n (a) determines that it could not have collected the personal information; and<\/p>\n\n\n\n (b) the information is not contained in a Commonwealth record,<\/p>\n\n\n\n Flash Money must as soon as practicable, destroy the information or ensure that the information is de-identified, only if it is lawful and reasonable to do so.<\/p>\n\n\n\n SECTION D \u2013 NOTIFICATION OF THE COLLECTION OF INFORMATION<\/h2>\n\n\n\n |