CTOS Terms & Conditions

These Terms & Conditions (“Terms”) govern the use of credit-related services provided through the Lux Motion platform. By using our services, you agree to comply with these terms, which include the processing of your credit information, evaluation of your eligibility for financing options, and other related activities.

1. Credit Evaluation
Lux Motion may perform credit checks to evaluate your eligibility for vehicle financing or other related services. By providing your personal information, you consent to the collection and use of this data for credit assessment purposes, in accordance with applicable laws and our Privacy Policy.

2. Personal Data Collection
When you apply for financing or use our services, we collect personal and financial information, which will be processed and stored securely. This data may include, but is not limited to, your name, contact information, income, and credit history.

3. Eligibility & Approval
Eligibility for financing or credit-related services through Lux Motion is subject to approval. We reserve the right to deny any application based on our assessment of your creditworthiness, in accordance with our internal policies and procedures.

4. Use of Information
Your personal information will be used to process credit applications, verify your identity, and manage your account with Lux Motion. We may share this data with financial institutions and credit bureaus as part of the financing process, subject to applicable regulations.

5. Repayment & Default
If you are approved for financing, you agree to adhere to the repayment terms outlined in your agreement. Failure to repay on time may result in penalties, fees, or a negative impact on your credit rating. We reserve the right to take appropriate action in the event of default.

6. Amendments
Lux Motion reserves the right to modify, update, or change these Terms at any time, with or without notice. Any changes will be communicated on this page, and continued use of our services will constitute acceptance of those changes.

7. Limitation of Liability
We are not responsible for any damages or losses resulting from the use of our credit services, including issues related to delays, inaccuracies in credit assessments, or financial consequences. By using our services, you agree to hold Lux Motion harmless from any claims arising from your participation in credit-related activities.

8. Compliance with Laws
You agree to comply with all applicable laws and regulations related to credit transactions and personal data protection in your jurisdiction.

9. Termination
Lux Motion reserves the right to suspend or terminate your access to our credit services if we believe that you have violated these Terms or engaged in fraudulent or unlawful activity.

10. Contact Information
 If you have any questions or concerns regarding these Terms & Conditions, please contact us at 6011 3900 3341