Databases in Brazil: an analysis of the credit scoring system in light of the law N. 13.709/2018 (LGPD)

Abstract

The present work aims to analyze the methods adopted by suppliers in the collection and storage of their consumer’s data. The paper highlights the main controversies of the so-called "credit score" system, which uses the consumer’s data to outline consumption profiles and credit risk, rating consumers from "good" to "bad" payers. The subject’s relevance is evident in the current scenario, where people are increasingly exposed to a digital world, and many enter into operations with unknown parties. The General Data Protection Act (LGPD) emerges as one more personal data protection tool.