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Credit Information Use and Protection Act — Article 43-2 (Claim for statutory damages)

신용정보의 이용 및 보호에 관한 법률 제43조의2

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) Where a credit information company, etc. or other persons provided with credit information by the credit information company, etc. violates this Act, a credit data subject may seek damages from the credit information company, etc. or such other persons in a reasonable amount not exceeding three million won in lieu of claiming damages under Article 43. In such cases, neither relevant credit information company, etc. nor such other persons shall be exempt from liability without proving an absence of intention or negligence: <Amended on Feb. 4, 2020>

1. Deleted; <Feb. 4, 2020>

2. Deleted. <Feb. 4, 2020>

(2) Article 39-2(2) and (3) of the Personal Information Protection Act shall apply mutatis mutandis to the modification of claims for damages under paragraph (1) and the recognition of damages by the court. <Amended on Feb. 4, 2020>

(3) Deleted. <Feb. 4, 2020>[This Article Added on Mar. 11, 2015]

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