Privacy Policy Collection of some of the personal information is required under the Financial Transaction Reports Act. If any part of the personal information is not provided, it may not be possible to assess an application for credit by the applicant(s) or an application for lenders' mortgage insurance, and as a consequence the finance requested by the Applicant may not be provided.

From 21 December 2001, in most cases, individuals can gain access to personal information about them held by the First Step Financial Group, PCL or the Mortgage Insurer on request.

All enquiries concerning access to personal information should be directed to the First Step Financial Group on 1300 131 705 in the first instance.

The First Step Financial Group may also use the personal information (and disclose it to its service providers) to tell you about other products and services offered or distributed by it. If any of the Applicant(s) or Guarantor(s) do not want the personal information to be used or disclosed for this purpose, please contact the First Step Financial Group on the above number.

If my/our application is for commercial credit, obtain and use consumer credit information about me/us from a credit reporting agency to assess my/our application for commercial credit.

If my/our application is for consumer credit, obtain and use commercial credit information about me/us from a credit reporting agency to assess my/our application for consumer credit.

Obtain and use a credit report about me/us provided by a credit reporting agency to collect overdue payments from me/us.

Obtain from and use or give to another credit provider (including any other credit provider who has lent money on the same security) any information about my/our credit worthiness, credit standing, credit history or credit capacity.

• To assess my/our credit worthiness
• To assess an application by me/us for credit
• To help me/us avoid defaulting on my/our credit obligations
• To notify a default by me/us
• To assist in the collection of overdue payments from me/us
• To exchange information with credit providers who are involved in a mortgage securitisation scheme
• To exchange information with credit providers as to the status of this loan

Obtain from and use or give any personal information or commercial credit information about me/us to any broker, financial consultant, accountant, lawyer, or other adviser acting in connection with the loan to be provided to me/us pursuant to this application.

Give to a credit reporting agency personal information or commercial credit information about me/us to obtain a consumer credit report about me/us or to allow the credit reporting agency to create or maintain a credit information file containing information about me/us. The information which may be given before during or after the provision of credit to me/us is limited to:

• Identity particulars
• The fact that consumer credit or commercial credit has been applied for and the amount
• The fact that PCL is a current credit provider to me/us
• Payments which become overdue more than 60 days and for which collection action has commenced
• Advice that payments are no longer overdue in respect of any default which has been listed
• Advice that cheques drawn by me/us for more than $100 have been dishonoured more than once
• In specific circumstances, that in the opinion of First Step Financial Group or PCL, I/we have committed a serious credit infringement
• That the loan provided to me/us by PCL has been paid or otherwise discharged
• or otherwise in connection with arrangements relating to lenders' mortgage insurance.

Disclose any report or personal information about me/us to another person in connection with funding financial accommodation by means of an arrangement involving securitisation.

Provide any report or personal information about my/our credit worthiness, credit standing, credit history or credit capacity that credit providers are allowed to disclose under the Privacy Act (including a credit report) to any person who proposes to guarantee or provide security for, or has guaranteed or provided security for, the repayment of a loan provided to me/us to enable them to decide whether to act as a guarantor or provide security or to keep them informed about any guarantee or security they may provide.

If my/our application is for commercial credit, I/we consent to a trade insurer obtaining a credit report about me/us containing consumer credit information, in order to assess whether to insure PCL for the loan given to me/us, or the risk of providing insurance or to assess my/our risk of defaulting under the loan.

Obtain and use a credit report from a credit reporting agency containing personal information about me/us to assess whether to accept me/us as a guarantor for the commercial credit or consumer credit for which the Applicant has applied or otherwise in connection with arrangements relating to lenders' mortgage insurance.