Chương III Nghị định 10/2010/NĐ-CP: Hoạt động thông tin tín dụng

Chapter III

CREDIT INFORMATION-RELATED ACTIVITIES

Article 11. Credit information collection

1. Credit information to be collected includes:

a/ Identified information on borrowers and their relatives (if any), including natural parents, spouse and children;

b/ Information on the history of credit provision, asset lease, purchase on installment or deferred payment and other transactions with conditions on interest rates, repayment deadline and rents;

c/ Information on the history of debt repayment, amount of undue and due debts, repayment deadline and credit limits of borrowers;

d/ Information on guarantee of borrowers' repayment obligations;

e/ Other related information which must not infringe upon borrowers' rights, excluding information on deposit accounts and information within the scope and list of state secrets.

2. From the effective date of this Decree, credit providers may provide the information specified in Clause 1 of this Article for credit information companies only when so consented by borrowers. Credit information arising before the effective date of this Decree without agreement with borrowers is not bound by this provision.

Article 12. Credit information processing

1. The process to check, classify and update credit information must not misrepresent the nature and contents of collected credit information.

2. On the basis of collected and stored credit information, credit information companies shall analyze, evaluate and summarize such information to create credit information products.

3. Credit information companies may use only credit information on borrowers within the latest 5 years to create credit information products.

Article 13. Credit information storage

1. Credit information shall be stored safely and confidentially to prevent possible incidents or catastrophes and illegal intrusion and access from outside.

2. Credit information on borrowers shall be stored for at least 5 years after a credit information company receives such information.

Article 14. Provision of credit information products

A credit information company may provide credit information products for the following entities:

1. Credit providers having provided information for the credit information company, for consideration of credit provision for borrowers, control of credit amounts and debt recovery and for other lawful purposes.

2. Borrowers, for check of personal information in the database of the credit information company or as supplementary documents for credit application.

3. Other credit information companies, for provision of services to organizations and individuals under law.

4. Competent state agencies under law.