Miele Terms for assessing creditworthiness and entering into a Rental Agreement
1. Rental of Equipment
1.1. The terms and conditions governing your rental of the Equipment will be detailed in your Rental Agreement.
1.2. For a copy of our standard Rental Agreement please click here.
1.3. Submission of details for a credit check does not guarantee that Miele will enter into a Rental Agreement with you.
1.4 Miele entering into a Rental Agreement with you is subject to:
a. Satisfactory information received about the company from a credit check (please see below for more details on this); and
b. Your agreement to the terms of the Rental Agreement and receipt of a copy of the Rental Agreement signed by you.
2. Credit Check
2.1. Before we agree to enter into a Rental Agreement with you and at any time during the course of your Rental Agreement, we are entitled to carry out a credit check on you. We may search the files of credit reference agencies which may keep a record of that search. Details of how you conduct your account may also be disclosed to such agencies.
2.2. The credit agencies we will use are:
Dun & Bradstreet Deutschland GmbH
2.3. The agencies will record details of the search, whether or not the Rental Agreement goes ahead. We may use credit-scoring methods to assess the application and to confirm your identity.
2.4. We and other companies may use credit searches and other information, which is provided to us or the credit reference agencies (or both), about the company.
2.5. We will check your details with fraud detection agencies and if false or inaccurate information is provided and fraud is identified, details will be passed to fraud prevention agencies. Law enforcement agencies may access and use this information.
2.6. We and other organisations may also access and use this information to prevent fraud and money laundering, for example, when:- checking details on applications for credit and credit related or other facilities; managing credit and credit related accounts and facilities; recovering debt.
2.7. We and other organisations may access and use from other countries the information recorded by fraud prevention agencies.
3. Direct Debit Details
3.1. Entering into a Rental Agreement is subject to provision of valid bank account details to allow payment by Direct Debit in accordance with the terms of the Rental Agreement.
4. Failure to meet Miele’s credit conditions
If you fail to meet our credit conditions, we will not be able to enter into a Rental Agreement with you.