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Laws › Credit Information Use and Protection Act › CHAPTER VI PROTECTION OF CREDIT DATA SUBJECT

Credit Information Use and Protection Act — Article 42 (Prohibition of divulgence for non-business purposes)

신용정보의 이용 및 보호에 관한 법률 제42조

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 person who is or was an executive officer or employee of a credit information company, etc., and an outsourced agent of the processing of credit information under Article 17(2) (hereinafter referred to as "person related with credit information business") shall divulge or use any personal confidential information, including credit information and privacy (hereinafter referred to as "personal confidential information") acquired during the course of business for non-business purposes.

(2) No act that a credit information company, etc., and a person related with credit information business provide credit information for a credit information company, etc. under this Act shall be deemed to be the divulgence or use of credit information for non-business purposes under paragraph (1).

(3) If a person who has obtained personal confidential information divulged, in violation of paragraph (1) (including another person who obtains such divulged personal confidential information from such person) learns that such personal confidential information has been divulged in breach of paragraph (1), the person shall not supply or use such personal confidential information.

(4) No person who has obtained personal credit information from a credit information company, etc., and a person related with credit information business, shall not provide such personal credit information to any other person; provided, in cases where such provision is allowed by this Act or other Acts, this shall not apply.

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