I/We acknowledge that KSEYE Group Ltd and its group companies (“KSEYE”) are not authorised nor regulated by the Financial Services Authority or the Consumer Credit Act 1974 (as amended) and that, in this regard, the proposed loan is a non-regulated loan.
I/we confirm that the proposed loan is intended wholly or predominantly for business purposes.
I/We further confirm that neither I/we nor any “Connected Person” within the meaning of Section 252 of the Companies Act 2006 or section 96(B)(2) and schedule 11B of the Financial Services and Markets Act 2000, are currently residing, will be residing or are permitted to reside in the property to be used as security for the loan at any time now or in the future. I/we understand that the definition of Connected Person includes anyone who is a spouse, parent, brother, sister, child, grandparent or grandchild, or any other person whose relationship with me/us has the characteristics of the relationship between husband and wife.
I/We understand and accept that in assessing this application, KSEYE will make enquiries about me/us, including but not limited to searching any records held by ID verification, credit reference agencies and fraud prevention agencies. I am/we are aware that if I/we give KSEYE false or inaccurate information and it suspects fraud, it will record and report this.
I/We hereby authorise and consent to KSEYE undertaking an ID verification search and credit search against me/us (and anyone financially linked or related to me/us) at any credit reference and fraud prevention agency it deems appropriate. This information may be disclosed to the credit reference and fraud prevention agency and will be used to help make decisions about credit and credit related services, recovering debts, preventing money laundering and fraud, and to manage accounts. KSEYE, the ID verification and credit reference, and fraud prevention agencies will also use the information provided for statistical analysis about credit, insurance and fraud and for market research.
KSEYE will add to my/our records details of the search and the application for funding and this will be seen by other organisations that make searches on me/us. Details of any of the ID verification, credit reference and fraud prevention agencies can be obtained by contacting KSEYE directly.
By signing this declaration, I/we confirm that the information contained within this Application Form and other documents sent to KSEYE by me/us or my/our broker at any time is correct and accurate. I am/we are aware that KSEYE, together with its successors and assigns, will primarily be relying on this declaration as to the matters stated herein, even where it undertakes its own investigation into any of these matters.
I/We declare that the information relating to my/our income and outgoings is correct and I am/we are able to meet all my/our current financial commitments and I am/we are able to meet the financial commitments of the proposed loan and any interest and other payments associated with it.
I/We will inform KSEYE of any changes to the information provided in this Application Form which occur either before or after the loan is made.
I am/we are aware that it is a criminal office to knowingly or recklessly give false, inaccurate or misleading information when applying for a loan and that if I/we do provide false, inaccurate or misleading information in this Application Form or in any other document provided to KSEYE I/we may face criminal prosecution and/or civil action or recover of any losses incurred.
Where there are multiple borrowers or applicants signing this declaration, each party is making this declaration separately and independently and agrees to be jointly and severally liable for their liabilities to KSEYE.