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How will my information be used?

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Furthermore:

  1. The company is entitled to assign this agreement and/or the debt of any outstanding Hire Purchase amount in terms of the Hire Purchase Agreement signed, whether in whole or in part, in favour of any local and foreign Financial and Banking Institutions.
  2. The company reserves the right to pass on information and personal details of defaulting Borrowers to credit agencies, as well as to any third party legally entitled to receive such information,  who during the life span of the loan do not adhere to the fulfillment of any terms of the Loan Agreement.