(1) Personal credit information shall be used only for any of the following purposes:
1. Where the personal credit information is used for purposes of determining whether to establish and maintain commercial transaction relationship, such as financial transactions, which the relevant credit data subject applies for;
2. Where the credit data subject consents to the use of personal credit information for purposes other than those provided in subparagraph 1;
3. Where the personal credit information directly provided by an individual (including credit information generated from commercial transactions with the individual) is used for the purpose it is provided (excluding cases where such information is used for introducing goods or services or soliciting sales);
4. Other cases provided in the subparagraphs of Article 32(6);
5. Such other cases equivalent to those provided in subparagraphs 1 through 4 as prescribed by Presidential Decree.
(2) A credit information company, etc. which intends to collect and investigate the information pertaining to an individual's disease, injury, or other information similar thereto or provide it to a third party, shall obtain prior approval from such individual under Article 32(1), and such information shall be used only for purposes prescribed by Presidential Decree.[This Article Wholly Amended on Feb. 4, 2020]