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Credit Information Use and Protection Act — Article 22-7 (Code of conduct for credit inquiry companies)

신용정보의 이용 및 보호에 관한 법률 제22조의7

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.

(1) No credit inquiry company shall engage in any of the following conducts:

1. Providing a client with false information;

2. Forcing a request for investigation of credit information;

3. Forcing an investigation subject into providing investigative data and answering questions;

4. Investigating privacy, etc. other than commercial transactions, such as financial transactions.

(2) Where executive officers or employees who engage in a credit inquiry business intend to collect credit information, they shall carry identification verifying their engagement in credit inquiry business and present it to relevant persons.[This Article Added on Feb. 4, 2020]

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