Where a credit information provider or user prescribed by Presidential Decree conducts such financial transactions which pose credit risk to an individual credit data subject as prescribed by Presidential Decree, he or she shall explain the following matters to the relevant credit data subject:
1. The fact that the relevant financial transaction may cause the relevant credit data subject to suffer disadvantage when a personal credit rating company produces a personal credit score;
2. Such other matters affected by the relevant financial transaction in relation to the credit data subject as prescribed by Presidential Decree.[This Article Added on Feb. 4, 2020]