The purpose of this Act is to soundly foster industries related to credit information, promoting an efficient utilization and systematic management of credit information, and protecting privacy, etc. from the misuse and abuse of credit information properly, thereby contributing to the establishment of sound practices in credit transaction and the development of the national economy. <Amended on Feb. 4, 2020>
Laws › Credit Information Use and Protection Act › CHAPTER I GENERAL PROVISIONS
Credit Information Use and Protection Act — Article 1 (Purpose)
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This English translation is based on the Korean text effective 2026-08-13. The Korean law has since been amended (current version effective 2026-09-11) — check the Korean original.
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