Scope of Credit Information Services
Article (12)
Upon obtaining SAMA approval, the company may provide any or all of the following services:
1. receive consumer’s information from all members, collate, store and exchange such information with members and companies; 2. provide enquiry service on both individuals and businesses; 3. provide consumers credit evaluation service; 4. provide advisory services to support credit information; 5. provide statistical reports and information regarding credit information; and 6. provide market and statistical researches on credit information.
Companies must obtain SAMA's prior approval on providing any services other than those stated in this Article.