Document background
The Consent Letter For Credit Check is a crucial document in Singapore's financial and business landscape, required whenever organizations need to assess an individual's creditworthiness. This document is mandated by Singapore law, particularly the PDPA and Credit Bureau Singapore Act, to protect consumer privacy while facilitating necessary credit assessments. It specifies the scope of information that can be accessed, the duration of the authorization, and how the information will be used, ensuring transparency and compliance with local regulations.
