LOANEE DECLARATION Clause Samples

LOANEE DECLARATION. In connection with the application and/or maintaining a credit facility with Kentours ▇▇▇▇▇, I authorize the ▇▇▇▇▇ to carry out credit checks with or obtain my credit information from, a credit reference bureau. In the event of account going into default, I consent to my name, transaction and default details being forwarded to a credit reference bureau for listing. I acknowledge that this information may be used by banking institutions and other credit grantors in assessing application for credit by name, associated companies, and supplementary account holders and for occasional debt tracing, fraud prevention purposes and for any other lawful purposes. Loanee’s Signature …………………………..ID No………………………………Date………………..