The Consumer acknowledges and agrees that the business is required to process the personal information of the Consumer in order to comply with the statutory obligations imposed on the business. The Consumer explicitly consents to the processing of his/her personal information in order to assess the Consumer’s financial status, financial history, financial behaviour and the ability to repay the loan in accordance with this Agreement. The Business undertakes to process personal information in accordance with the purpose for which such personal information was obtained and to safeguard the personal information from unauthorized access or alteration. All personal information will be collected, processed and retained in accordance with the provisions of Chapter 3, Part A of the Protection of Personal Information Act, 4 of 2013.
