Common use of Credit Check Clause in Contracts

Credit Check. (a) The Client authorises Powernet to do the things set out in this clause 4.5 and acknowledges and agrees that Powernet may do so for as long as the Agreement continues or the Client owes Powernet any money. (b) Powernet may obtain a credit report (within the meaning of the Privacy Xxx 0000 (Cth)) of the Client to assess the Client’s creditworthiness or for debt recovery purposes. (c) Powernet may give to a credit reporting agency any information Powernet has about the Client to enable Powernet to obtain a credit report. (d) Powernet is authorized to disclose financial, credit and other information (including Personal Information) about the Client to other credit providers or a credit reporting agency or to other persons for the purpose of debt recovery. (e) The Client must cooperate with any enquiries that Powernet make about the Client’s creditworthiness and provide any further information, consent or authority Powernet reasonably require.