South Korea Credit Information Act
Data subject rights – South Korea Credit Information Act

South Korea Credit Information Act 36: Reasons for refusing a transaction

What does 36 require?

Where a provider or user refuses or stops a commercial relationship based on designated information from a credit rating company, corporate credit inquiry company or bureau, it tells the subject on request the information relied on and other Decree items; the subject may within 60 days ask the source to verify accuracy under the Article 38 procedure.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

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