Direct Debit Arrangement

Intercoll Ledger Limited will not charge any fees for this payment arrangement.

(a) Full liability for the following debt as at the date of this document.

(b) Receiving electronic marketing materials and communications from Intercoll Ledger Limited, or their assignee, including emails and text messages

(c)  The amount of each repayment can be increased annually on or about 1 June by the sum of $1.00 per repayment. The new amount will apply from June to May, and then each amount may be increased again each year until my debts are repaid.

(d) If I owe Intercoll Ledger Limited any other debt now or later (for example, other debt owed by me is assigned by the original lender to Intercoll Ledger Limited), I agree that this repayment arrangement also applies to that other debt, and authorise Intercoll Ledger Limited to continue to debit my account with the repayment amounts until all debts to Intercoll Ledger Limited are repaid. Intercoll Ledger Limited will notify me of the new number of payments needed to repay my debts. I agree that Intercoll Ledger Limited may split each repayment and apply it to each of my debts. Intercoll Ledger Limited will advise me before it does this. I can tell Intercoll Ledger Limited how I would like the repayments split.

(e) Intercoll Ledger Limited will cancel my payments when all of my debts have been repaid.

(f) I consent to receiving ongoing information in relation to my debts (information required to be provided to me by Section 19 of the Credit Contracts and Consumer Finance Act 2003 including my balances and repayments through the DebtManagers website (www.debtmanagers.co.nz) or through a request by email or phone.

(g) I understand that I will not receive regular statements by post or email.

(h) I authorise Intercoll Ledger Limited to reduce some or all repayment amounts or to change the day of my payments if my payments are being dishonoured. I also authorise Intercoll Ledger Limited to change the day of payment if public holidays are likely to interfere with my ability to pay

I agree that any communications, notices, statements of accounts, disclosures (including any required under the Credit Contracts and Consumer Finance Act 2003) and service (including the service of any legal proceedings) in connection with

(a) This payment arrangement;

(b) Any other payment arrangement, loan, or other debt owed to the Intercoll Ledger Limited (whether by assignment or otherwise), whether entered into before or after this payment arrangement; and

(c) Any other payment arrangement, loan, or other debt that the Intercoll Ledger Limited may be collecting on behalf of a third party whether entered into before or after this payment arrangement;

(d) May be validly sent or served to me in person, electronically or by post to either the mobile number, the email address or postal address (which may include a post office box address) I have provided above;

(e) I understand that this agreement in relation to communications etc extends beyond this payment arrangement and shall survive termination or expiration of this payment arrangement (including through repayment). I agree that this agreement can be assigned to third parties to whom I owe money (even if such debt arises after the date of this agreement);

(f) I agree to advise Intercoll Ledger Limited of any changes to my mobile number, email address or postal address and that if I fail to do so I will still be treated as having received copies of all relevant documents provided to a number or an address listed above.