Korean Law in English
Laws › Credit Information Use and Protection Act › SECTION 5 Claims Collection Business

Credit Information Use and Protection Act — Article 27-2 (Prohibition of entrustment of services to unlicensed claims collection business entity)

신용정보의 이용 및 보호에 관한 법률 제27조의2

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.

A credit information provider or user prescribed by Presidential Decree, such as a credit finance company and a credit business entity, shall not entrust claims collection service to any person other than a claims collection agency.[This Article Added on Nov. 28, 2017]

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Korean original (law.go.kr) · Get articles as JSON via API

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