Introduction

Personal information is information by which you may be identified directly or which has the capacity to identify you.

This Privacy Policy describes how we collect and hold your personal information, how we deal with your personal information, who we disclose it to and how you can access the personal information we hold about you.

We have adopted this Privacy Policy to ensure that we deal with your personal information in accordance with the Privacy Act 2020 (as amended from time to time).

Personal Information that we collect

  • We will only collect personal information about you when you apply for a loan, where it is necessary for us to collect that information for that purpose. We do not sell your personal information to third parties. You can browse www.brightenterprise.co.nz without telling us who you are or revealing any personal information about yourself.
  • We may collect various types of personal information about you, including your name, age, gender, address, contact details (including, phone numbers and email addresses), financial position (including income, wealth, assets, net worth and the source of your funds/wealth), employment and residential status, personal circumstances, credit and repayment history information, information about trusts (including trust deeds and deeds of variation, if the borrower is a trustee on behalf of a trust), information about companies (including details about shareholding if the borrowing entity is a company).
  • We collect personal information about you when you interact with us. We may also collect personal information about you from third parties, including credit reporting agencies, your present or former creditors or insurance companies, identification service providers, your referees, government agencies, and your past and present employers and business partners. We may do this to confirm your identity, verify your current credit obligations, help us to assess your ability to meet repayment obligations and make credit decisions, provide you with quotations for the cost of credit and mitigate fraud risk.
  • You consent to the collection, use, disclosure, storage, and processing of your personal information in accordance with this privacy statement.

You may be provided with some options as to what personal information can be provided, but if you do not provide certain required types of personal information to us (for example, identification, proof of address and source of wealth/funds), we may be unable to provide you with a loan.

We will normally collect personal information about you from you directly. However, we may collect personal information about you from third parties where you have authorised such collection, or such collection is permitted or required by the Privacy Act 2020 or any other applicable law.

What we can do with your personal information

We may use your personal information that we collect, or that is provided to us, for the following purposes:

  • consider your loan application, including to establish and verify your identity and to assess your creditworthiness and financial position from time to time;
  • carrying out our business functions and activities;
  • to collect any outstanding debt from you, including taking enforcement action, and to notify credit reporting agencies of your repayment history and account details;
  • exercising our rights and fulfilling our obligations under any agreement with you;
  • exercising our rights and fulfilling our obligations for the purposes of complying with all applicable laws, including those relating to money laundering, terrorist financing, bribery, corruption, tax evasion, fraud and similar.

Who we may share your personal information with:

We may provide your personal information to our employees and other persons who provide services to us (including companies that may assist us with complying with our customer due diligence requirements under the AML Act), regulatory authorities, government agencies, law enforcement and courts. We will disclose your personal information to these parties only:

  • for the purposes set out in this privacy policy;
  • if you have otherwise authorised us to do so;
  • if we are required or permitted by law to disclose such information; or
  • otherwise in accordance with the Privacy Act 2020.

Other things you should know

If personal information we request from or about you is not provided, we may not be able to provide the requested services.

Under the Privacy Act 2020, you have the right to access, and request correction of, personal information we hold about you. You can do so by contacting us using the details provided below.

We can change this privacy statement from time to time at our sole discretion. We will give notice of any changes directly or indirectly by means of an electronic message, through our websites or mobile apps, through our branches, through the internet, through the media, or otherwise as we see fit and permitted by applicable law.

Contacting Us

Bright Enterprise Holdings Limited welcomes your comments regarding this privacy statement. If you have any questions regarding our privacy policy or any other matter, please contact us via:

Privacy Officer
Bright Enterprise Holdings Limited
PO Box 37 254
Halswell
Christchurch 8245

Email: noel@brightenterprise.co.nz

Phone: 027 450 5301