Korean Law in English
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Credit Information Use and Protection Act — Article 41 (Prohibited matters for claims collection agency)

신용정보의 이용 및 보호에 관한 법률 제41조

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 claims collection agency shall lend its name to another person to allow him or her to do claims collection business.

(2) No claims collection agency shall use words other than the phrase containing "credit information" for its trade name unless otherwise allowed by other statutes; provided, in cases where a claims collection agency engages in credit inquiry business or credit rating business after obtaining authorization for credit rating business under Article 335-3(1) of the Financial Investment Services and Capital Markets Act as well, this shall not apply. <Amended on May 28, 2013>

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