COMPARE FIRST ELECTRONIC COMMUNICATIONS

COMPARE FIRST ELECTRONIC COMMUNICATIONS

Effective Date: 27 August 2017

E-SIGN DISCLOSURE AND CONSENT TO ELECTRONIC RECEIPT OF LOAN DISCLOSURES

You understand that in order to be matched with our affiliated third-party lenders and view and retain a copy of the related notices, disclosures, agreements, authorizations, and other documents during the course of our relationship with you (collectively, “Loan Disclosures”) you must consent to receive Loan Disclosures electronically and be aware that these third-party lenders are required by law to provide you with and get your consent to receive Loan Disclosures electronically. Described below are the terms and conditions for providing Loan Disclosures to you electronically. Please read the information below carefully and thoroughly.

You acknowledge and agree that CompareFirst or our affiliated lenders may provide you with the Loan Disclosures in electronic format, including via mobile devices, and that we are not required to send a paper document to you, unless and until you withdraw your consent as described below. All Loan Disclosures that we provide to you in electronic format will be provided either (i) via e-mail, (ii) by access to our online platform or (iii) by requesting you to download a PDF.

1. Getting paper copies.

You may request a paper copy of any Loan Disclosure that a third-party lender has provided or made available to you electronically without charge, provided that such request is made within a reasonable time after the Loan Disclosures were first provided to you. To request paper copies, you may contact the third-party lenders directly, their contact information could be found on their site.

2. Withdrawing your consent.

Contact any third-party lender directly to withdraw your consent to receive Loan Disclosures in electronic form. Since your consent is needed in order to be matched with third party lenders, you will be able to withdraw your consent during the matching process. You can however do so after you were matched with 3rd party lenders. Please be aware that if you elect to receive Loan Disclosures only in paper format your application could not be processed by CompareFirst and our third-party lenders, and if you elect to receive Loan Disclosures only in paper format after your loan is approved, it may slow the speed at which we or our third-party lenders can deliver services to you.

3. New e-mail address.

You are required to provide us with an accurate and complete e-mail address and update any changes to the information promptly. At our discretion, we may treat your failure to provide us with a valid e-mail address or the malfunction of a previously valid e-mail address as a withdrawal of your consent to receive electronic Loan Disclosure. You should keep third party lenders informed of any changes in your contact details, and you can do so by logging into third party lender’s website or sending the lender a written update by mail or email.

4. Required hardware and software.

In order to access, view and retain the Loan Disclosures we make available to you in electronic form, you must provide at your own expense an Internet connected device. You must have the following hardware and software:

Browsers
Up to date internet browser supporting HTML and 128-bit SSL encryption to access your account.
PDF Reader
Software that enables you to view and print Portable Document Files (PDF) such as Adobe® Acrobat Reader or similar
E-Mail Account
Up to date internet browser supporting HTML and 128-bit SSL encryption to access your account.
Storage Capacity
Sufficient electronic storage capacity on your computer’s hard drive or other data storage unit to retain the Loan Disclosures and/or a printer to print them
Printer
A printer or the ability to print the
Communications
5. Federal Law.

All Loan Disclosures we or our third-party lenders provide to you in either electronic or paper format will be considered “in writing”. You should print or download for your records a copy of this E-Sign Disclosure and Consent of Electronic Receipt of Loan Disclosures (“E-Sign Consent”) and any other Loan Disclosures. You agree and we both intend the federal Electronic Signatures in Global and National Commerce Act to apply to (i) this E-Sign Consent and (ii) our ability to conduct business with you by electronic means.

6. Acknowledging your access and consent to receive materials electronically.

By checking the check box next to Consent to Electronic Communication, you: (i) confirm your consent to receive Loan Disclosures in electronic format and your acknowledgment that your consent is required to receive services with third party lenders over the internet; (ii) affirmatively demonstrate your ability to access and read, and also print or save, this E-Sign Consent and the Loan Disclosures; (iii) Acknowledge that you may request a paper copy of the electronic records and disclosures, which will be provided to you at no charge; (iv) confirm that you have provided a valid e-mail address at which we can send electronic Loan Disclosures to you; (v) have access to software and hardware that satisfies the above requirements; and (vi) agree to the terms and conditions of this E-Sign Consent.