PO Box 1967 Macquarie Centre 2113 phone 02 9859 0585 fax 02 9859 0555 email info@lcu.com.au www.lcu.com.au Laboratories Credit Union Limited ABN 77 087 650 217 AFSL/Australian Credit Licence 240807 Please answer all questions and print clearly Surname Given Names Title Home Address Primary Member Joint Member (Applicant) Postcode Time there Previous address if resident under 3 years Email address Home telephone/mobile Date of Birth Marital Status No. of Dependents Drivers Licence No. Licence expiry date Name of Employer Employer s Address Occupation Work Telephone Length of Service Expiry date of term/contract if applicable Details of previous employer if in the current position for under 3 years Length of service Name and Address of nearest relative NOT living with you
FINANCIAL DETAILS Please provide current pay slip or letter from employer stating commencement date and salary details. If self employed please provide full financial statements & tax returns for the latest 2 years & current figures of no more than 3 month old. Proof and source of Other Income is required INCOME Primary Member Joint Member (Applicant) Gross Annual Salary Gross Salary Nett Salary (After tax and superannuation) Other Income (If joint application please include details for spouse/partner) Assets Loans & Expenses DESCRIPTION ESTIMATED VALUE COMMITMENT NAME OF LENDER BALANCE OWING House/Unit Home Loan PLEASE House/Unit/Land Investment Loans INCLUDE Motor Vehicle Car Loan/Lease A CURRENT Furniture & Household Goods Cash & Term Deposits Other Assets Other Assets Total Estimated Value Personal Loans Household/Hire Purchase Credit Cards Visa/Amex/ Mastercard/Diners etc. COPY OF STATEMENTS FOR NON LCU LOANS & Store accounts ALL CREDIT CARDS Expenditure Calculation Sheet (Please complete) RENT/BOARD HOME EXPENSES FAMILY EXPENSES CAR/ TRANSPORT ENTERTAINMENT EDUCATION Please provide a copy of the lease or if boarding a letter from the owner Eg. Water/Council/ Electricity/Telephone/ Insurance Eg. Groceries/ Medical/Clothing/ Pets Eg. NRMA/ Registration/ Insurance/Petrol/ Maintenance/Fares Eg. Sport/ Newspapers/ Theatre Eg. Books/Preschool/Fees/ Uniforms TOTAL MONTHLY EXPENSES DETAILS OF LOAN/OVERDRAFT AMOUNT AMOUNT OF THIS LOAN BALANCE OF EXISTING LCU LOAN TOTAL LOAN SOUGHT PURPOSE OF LOAN If applicable please provide estimated purchase price of property Preferred Repayment FORTNIGHTLY OR MONTLY REPAYMENTS Term
Laboratories Credit Union Ltd Permission to obtain and disclose credit and personal information What information can be disclosed? The Privacy Act allows Laboratories Credit Union Ltd ('we', 'us', 'our') and other applicable persons to disclose personal information about you when related to the primary purpose for which it was collected. In connection with providing credit to you, personal information may include credit information, such as: details to identify you and verify your identity, such as your name, sex, date of birth, current and 2 previous addresses, your current and last known employer, and your driver's licence number the fact that you have applied for credit and the amount or that we are a current credit provider to you, or that you have agreed to be a guarantor advice that payments previously notified as unpaid are no longer overdue information about your current or terminated consumer credit accounts and your repayment history payments overdue for at least 60 days and for which collection action has started in specified circumstances, that in our opinion you have committed a serious credit infringement the fact that credit provided to you by us has been paid or otherwise discharged, and other information about credit standing, worthiness, history or capacity that credit providers can disclose under the Privacy Act, including a credit report. Your sensitive information (e.g. membership of a professional or trade association) may also be disclosed where relevant to this application. Why do we obtain information? Who can give or obtain information? Before, during or after the provision of our products and services to you, we may obtain your personal information for the purpose of providing products and services to you and managing our business. When providing credit to you, this may include assessing your application for consumer or commercial credit or to be a guarantor for the applicant, assessing your For the purpose of providing products and services to you and managing our business, we may give information to: external service providers to us, such as organisations which we use to verify your identity, payment systems operators, mailing houses and research consultants insurers and re-insurers, where insurance is provided in connection with our services to you debt collecting agencies, if you have not repaid a loan as required our professional advisors, such as accountants, lawyers and auditors state or territory authorities that give assistance to facilitate the provision of home loans to individuals other credit providers and their professional advisors your representative, for example, lawyer, mortgage broker, financial advisor or attorney, as authorised by you, or government and regulatory authorities, if required or authorised by law. In addition, in connection with providing credit to you, we and the Credit Providers mentioned below may: credit worthiness, managing your loan or the arrangements under which your loan is funded or collecting overdue payments. If you do not provide us with the personal information that we request, we may not be able to consider your application for credit or provide other services. obtain a commercial and consumer credit report containing personal information about you from a credit reporting body obtain personal information about you from your employer and any referees that you may provide. exchange credit information about you with each other, and exchange credit information about you with any credit reporting body and any other provider of credit to you named in your credit application or a credit report from a credit reporting body. Credit Providers can mean: us our related companies any agent or contractor of ours assisting in processing a loan application, and other entities that may be involved in a securitisation arrangement which we use to fund your loan Overseas disclosures We may disclose your personal information overseas. However, if we do disclose this information outside Australia, we will do so on the basis that the information will be used only for the purposes set out in the Privacy Policy.
Important information about credit reporting bodies Disclosure to insurers and guarantors Personal information about third parties Security, privacy policy, and marketing preferences If you apply for or hold any kind of credit with us, we may disclose information to a credit reporting body. That includes disclosing that you are in default under a credit agreement or have committed a serious credit infringement, if that is the case. Specifically, we may disclose information to or collect information from Veda Advantage, whose privacy policy and contact details are at www.veda.com.au. Credit reporting bodies collect credit information about individuals which they provide as credit reports to credit providers and others in the credit industry to assist them in managing credit risk, collecting debts and other activities. Lenders' mortgage and trade insurers In connection with providing credit to you, a lenders' mortgage insurer or a registered trade insurer may obtain credit information about you from a Credit Provider or from a credit reporting body to assess whether to provide lenders' mortgage insurance to us in relation to an application for consumer credit, or whether to provide trade insurance to us in relation to You represent that, if at any time you supply us with personal information about another person (for example a referee), you are authorised to do so; and you agree to inform that person who we are, how to contact us, how to obtain our Privacy Policy, and that Security We take all reasonable steps to ensure that all your personal information held by us (on our website or otherwise), is protected from misuse, interference and loss, and from unauthorised access, disclosure or modification. Privacy Policy Our Privacy Policy at www.lcu.com.au provides additional information about how we handle your personal information. It sets out how you can ask for access to personal information we hold about you You can also ask a credit reporting body not to use or disclose your personal information for a period if you believe on reasonable grounds that you have been or are likely to be a victim of fraud, including identity fraud. an application for commercial credit. Guarantors In connection with providing credit to you, the Credit Providers may give a guarantor, or a person who is considering becoming a guarantor, credit information about you for the purpose of enabling the guarantor to decide whether to act as guarantor or to keep informed about the guarantee. we will use and disclose their personal information for the purposes set out in this Permission and that they can gain access to that information. and seek correction of that information. It also explains how you can complain about a breach of the Privacy Act or the Credit Reporting Privacy Code, and how we will deal with your complaint. We will give you a copy of our Privacy Policy on request. Marketing preferences The Credit Providers may use, and share with each other, information about you to inform you about products and services (unless you ask us not to). The Credit Providers may do so even if you are on the Do Not Call Register. Acknowledgment By signing this application, you acknowledge having read and understood this permission to obtain and disclose information. You authorise the persons and organisations named above to give and obtain the information in the ways specified above until the credit is repaid in full. In the event of my accepting an offer for a loan from Laboratories Credit Union I understand that I will become a member of Laboratories Credit Union once acceptable identification is provided and the 10 share is paid. Name Signature Date / / Applicant / Guarantor / Account Signatory / Authorised Representative of Corporate Applicant / Corporate Guarantor Name Signature Date / / Applicant / Guarantor / Account Signatory / Authorised Representative of Corporate Applicant / Corporate Guarantor
LENDING FEES AND CHARGES Australian Credit Licence No. 240807 1 st July 2015 ALL LOANS VEDA ADVANTAGE (credit check) 20.00 per applicant PERSONAL LOANS & CAR LOANS Private Property Security Register 17.00 GUIDE TO APPROXIMATE MORTGAGE COSTS The following is an approximate list of the costs involved in the establishment of a mortgage. These costs relate to each property used as security and should only be taken as a guide. VALUATION (Metropolitan Area) from 220.00 depending upon value of property. (Country Areas) quote can be provided SOLICITORS FEES 484.00 REGISTRATION FEES LOAN SECURITIES DUTY 109.50 (registration of mortgage) 219.00 (transfer of mortgage) 109.50 (discharge of mortgage) 4 per 1000 of loan (Commercial loans only) CONTRACT VARIATION FEE (variable to fixed rate/fixed to variable rate) 200.00 MORTGAGE DISCHARGE FEE 200 MORTGAGE DISCHARGE SOLICITORS FEE 260 Building & Construction Loans (These items must be obtained within 3 months of the completion of construction). Survey (of the completed construction) 360.00 Building Certificate from the Council 50.00 A second valuation required on completion Please Note: 1. The above costs relate to a mortgage loan taken over a property covered by Torrens title or Strata title. 2. Old system title may incur additional costs. 3. This list does not include the costs involved in discharging any previous mortgages. Please contact your current mortgagee for this information. 4. Mortgage insurance will be required if more than 80% (in some cases 75%) of the property value is borrowed (conditions apply).
LOAN PRODUCT INFORMATION Barefoot Loan L25 1 st Home buyers loan Intelligent Mortgage 300 L30 Loans over 300k Intelligent Mortgage L26 Intelligent Mortgage L5/L15 1/2 years fixed Intelligent Mortgage L5/L15 3 years fixed Interest Only L9 1/2 years Honeymoon rate (when available) 4.28% for the first 3 years 4.54% 4.78% 4.49% 4.39% 4.49% Std Interest rate Then reverts to L26 rate Free Re-Draw with Internet access Automatic Salary deduction Repayment frequency Maximum borrowing as % of LVR Term of Loan up to 30 years up to 30 years up to 30 years up to 30 years up to 30 years up to 2 years Pre-purchase approval No monthly fees 9/06/15
LOAN PRODUCT INFORMATION New Car Loan New & demonstrator cars L12 No Frills Car Loan L19 Green Loan L3 Home Renovation Loan L14 Share Loan L8 Personal Loan L11 Std Interest rate 8.05% 10.35% 7.35% 9.10% 11.25% 13.20% Free Re-Draw with Internet Access Automatic Salary deduction Repayment frequency Maximum borrowing 50,000 50,000 50,000 50,000 30,000 50,000 Security may be required Term of Loan up to 10 years up to 5 years up to 7 years up to 10 years up to 5 years up to 7 years Pre-purchase approval No monthly fees 9/06/15