This Privacy Statement outlines how Edge Bridge Pty Ltd, trading as MonetaLend (ABN 87675582304) (“MonetaLend,” “we,” “us,” or “our”) collects, uses, and discloses your personal and credit-related information. This statement applies to individuals (“you” or “your”) interacting with us, including those applying for loans, using our services, or visiting our website.
Collection and Use of Personal Information
We collect personal information to process loan applications, provide services, and manage our relationship with you. The personal information we collect may include:
- Name, date of birth, and contact details (address, email, phone number)
- Financial information, including credit history and creditworthiness
- Employment details and identification documents
- Information about your interactions with us, including service usage and inquiries
This information may be collected directly from you, or from third parties such as credit reporting bodies, social media platforms, or referrals.
We use your personal information for the following purposes:
- Assessing and processing your loan application
- Verifying your identity and information accuracy
- Managing your loan and our relationship with you
- Marketing our products and services to you, unless you opt out
- Conducting research and improving our services
- Complying with legal obligations and resolving disputes
- Protecting against fraud and unlawful activity
Disclosure of Personal and Credit-Related Information
We may share your personal and credit-related information with third parties, including:
- Credit reporting bodies (CRBs) to obtain credit reports and assess your creditworthiness
- Service providers and contractors who assist us in delivering our services
- Financial institutions, government agencies, and regulatory bodies as required by law
- Debt collection agencies for recovering overdue payments
- Marketing partners for promoting our services (you can opt out by contacting us)
We may also disclose your information to entities located overseas, including service providers in the United States and India, for the purposes of processing international transactions. While we take reasonable steps to ensure these entities comply with Australian privacy standards, your information may not have the same protection as under Australian law.
Electronic Communication Consent
By providing your email address and other electronic contact details, you consent to receiving electronic communications from MonetaLend. These communications may include loan statements, notices, and marketing materials. You agree that until you withdraw your consent by notifying us in writing or using the unsubscribe option in our communications, we may continue to send electronic messages to the addresses you provided.
If you have any concerns about our handling of your personal or credit-related information, or if you wish to withdraw your consent for electronic communications, please contact us at info@monetalend.com.au or visit our website at monetalend.com.au.