ELECTRONIC TRANSACTIONS PERMISSION AGREEMENT

Agreement to communicate by email, SMS or fax

 In this Agreement, these words and expressions have the following meaning when used in this Agreement:

 “Rapid Loans” means Rapid Loans Pty Ltd ACN 103 660 546 (Australian Credit Licence Number 388847) and each of its related bodies corporate, including Rapid B2B Pty Ltd ACN 635 079 113 (Australian Credit Licence Number 518455) and Precise Transactions Pty Ltd ACN 126 686 879 (Australian Credit Licence Number 388834).

“You” or “Your” means the Consumer/s who have applied for funds from Rapid Loans. If there is more than one of You, it includes any one or more of You.

 This Agreement is between:

Rapid Loans

And

You

This Agreement is to apply to all future communications between the above listed parties, subject to the terms and conditions included.

The Need for This Agreement

Rapid Loans cannot communicate legally with You by email, SMS or fax, without Your consent. Please read this permission to communicate agreement and indicate Your consent for Rapid Loans to communicate with You electronically.

This Agreement is in accordance with the mandatory requirements of the Electronic Transactions Act 1999 (as amended).

The Agreement seeks the consent of You (the intending Consumer) to allow Rapid Loans, its representatives, employees and agents, to contact You by email, SMS or fax.

Such to involve the electronic formation and communication of documentation, as may be required by legislation and regulation and/or commercial practice, from time to time and where relevant. This including, but not limited to, credit guides, pre-contractual statements and credit contracts (the last two may be the same document in part or whole) and all manner of other relevant business communications. This being with the exception of default notices which shall be provided in hard copy and mailed by Australia Post.

Terms and Conditions

You hereby agree that:

  1. after the commencement of this Agreement, permission is granted for information associated with any arrangement concerning the provision of credit, by Rapid Loans, to be transferred to You by electronic means including, but not limited to, email, SMS and fax;
  2. after the commencement of this Agreement, any information electronically transferred to You, by Rapid Loans, to the electronic address/es provided by You in Your application submitted to Rapid Loans or provided by You to Rapid Loans at a later date, will be readily accessible for subsequent reference. Such accessibility will remain available for any future communications associated with the arrangement and/or provision of credit, by Rapid Loans;
  3. the signature or identifier used by Rapid Loans, in any such communication, will reliably identify Rapid Loans and will be accepted by You as the signature or identifier of Rapid Loans;
  4. You will accept scanned paper documents included in any electronic communication, as if they were hard copies; and
  5. at the time of entering into this Agreement and thereafter, such scanned paper documents will be filed electronically, so that they are retrievable for later reference from Your system;
  6. receipt of such electronically transferred communication is deemed to be when the message enters the system;
  7. You will regularly check Your system for electronically transferred communications;
  8. at the time of entering into this Agreement and thereafter, any electronic communication received by Your system can be printed and kept in storage in hard copy, or kept on file in electronic format;
  9. You accept that communications capable of being legally transferred electronically, by Rapid Loans, will no longer be available in hard copy or print (that is, paper documents may no longer be given);
  10. You will provide 24 hours’ notice should You choose to withdraw permission for Rapid Loans to communicate electronically;
  11. You accept that the inclusion of the above terms in this Agreement constitutes notice in writing to Rapid Loans;
  12. You will inform Rapid Loans of any change to Your system’s capabilities during the term of this Agreement, as may reasonably interfere with one or more of the above provisions, as soon as reasonably practicable, to ensure effective electronic communications between the parties to this Agreement.

You further agree that:

  1. Your permission to accept electronically transferred communications may be withdrawn at any time;
  2. it is the responsibility of You, at the time of entering this Agreement, to confirm that Your system has the capabilities listed above and to maintain such capabilities;
  3. Rapid Loans is not liable for any damage whatsoever, caused directly or indirectly by the failure of You to advise Rapid Loans, during the term of the loan arranged or provided by Rapid Loans or thereafter, of any problem with Your system that precludes any of the above from successfully occurring;
  4. Rapid Loans is not liable for any damage whatsoever, caused directly or indirectly by the failure of You to advise Rapid Loans, during the term of the loan arranged or provided by Rapid Loans in the event that any relevant address changes in the future and You fail to inform Rapid Loans of that change;
  5. Rapid Loans is not liable for any damage whatsoever caused directly or indirectly, due to the failure of You to rectify the problem with Your system occurring during the term of the loan arranged or provided by Rapid Loans, that precludes any of the above from successfully occurring; and
  6. the transferred information will be on Rapid Loans’ system for a reasonable time and capable of transfer and download to a file for storage and later retrieval by You.

IMPORTANT

Please do not proceed to consider any other documents and/or request for information, until You have consented to this Agreement, to indicate that You give permission for Rapid Loans to communicate with You by electronic means (email, SMS and/or fax), concerning the arrangement and/or provision of credit, at any time after entering into this Agreement.

By clicking I Agree, You acknowledge that You have carefully read and fully understand and accept the terms and conditions as provided in this Agreement and provide Your consent to the Agreement.

Rapid Loans acknowledges and provides consent, where relevant, to the terms and conditions as provided in this Agreement.

Rapid Loans
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Katrina, Redan

When it came time to move into a new property, I knew if I saw something I liked, I’d need to come up with the money for a bond very quickly. So when I found my ideal property, I also found Rapid Loans online and it was an even quicker process to get the money I needed for the bond. I’d never borrowed money online before, but if you need cash quickly, I’d recommend Rapid Loans as your first click.

Alex, Sunshine West

I had a few unexpected bills to pay off and I needed a bit of extra cash fast. I couldn’t believe how quick the whole process was with Rapid Loans – from applying for some extra cash to actually getting it in my bank account. Now I can pay off my unexpected bills in my own time, knowing exactly how much my repayments are

Christina, Mawson Lakes

I needed some money to pay off two smaller loans and part fund a family trip to the Philippines. I was blown away by how fast and efficient Rapid Loans was, always keeping me in the loop during the process and making me feel like I was their only client. A big thank you to Rapid Loans for their excellent service

Kim, Caloundra

We got to the stage where one car was just not enough for us with everything we needed to do during the week and on weekends. So I applied for loan with Rapid Loans to buy a second car and I couldn’t believe how easy and simple it was to secure the funds we needed. Our repayments are all structured and we know exactly how much we need to pay off and now we have the second car we desperately needed. Would I recommend Rapid Loans to friends or family? Well I already have!

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