Header Ads

Credit Reporting Act 726: Duties of a data provider

 duties of a data provider - credit reporting

Section 22 of the Credit Reporting Act, 2007 (Act 726)

A data provider shall discharge the following duties:

(a) submit to a credit bureau confirmation that it has received the consent of the subject of the credit information for

(i) submitting information, and

(ii) receiving credit report on the credit information subject;

(b) notify the credit bureau of changes to information the data provider becomes aware of as regards information submitted on a person.

An Excerpt from the Credit Reporting Act, 2007 (Act 726)

No comments

Powered by Blogger.