Luottotietoja

Luottotietoja, or credit information, are records about the creditworthiness and financial history of individuals or organizations. These records are maintained by credit information agencies and are used to assess the risk of lending money, extending a service, or entering a contractual agreement.

Typical data included are identifying details (name, address, identifying numbers), information on credit accounts and payments, such as repayment history, current outstanding debts, and any public records like insolvencies or enforcement actions. For businesses, the data may include payment behavior from trade creditors and references. Data are collected from banks, lenders, utilities, and sometimes from the persons themselves with consent; public records may also contribute.

Handling luottotietoja is subject to data protection and financial information laws. Access to data is restricted to authorized recipients such as lenders, landlords, telecom operators, and other service providers with a legitimate purpose. Consumers generally have the right to obtain a copy of their luottotiedot, request corrections to inaccurate items, and learn about data sources used.

Retention periods vary by type of entry and legal requirements; outdated entries may be removed or deemed invalid. The system aims to balance risk assessment with privacy, and individuals can exercise rights under GDPR and national legislation.