Is this a consulting service?

No, this is a free, interactive software tool that calculates your potential liability under the DPDP Act 2023 in 30 seconds. It provides an instant risk score and automated action plan.

What are common DPDP violations in Credit Risk Data Audit?

Common violations include: Sharing borrower data with credit bureaus or collection agencies without explicit, granular consent for *that specific purpose*., Using opaque AI/ML credit scoring models that cannot provide a clear, auditable explanation for loan rejections (violates 'right to information')., Collecting 'alternate data' (e.g., SMS, call logs, app usage) beyond what is strictly necessary and without specific, informed consent..

The DPDP Audit Tool

Compliance for Credit Risk Data Audit

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Credit Risk Data Audit
Liability Check

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Your credit risk models churn through sensitive personal data like income, spending habits, and demographic profiles. Under DPDP, mishandling this data – from collection to sharing with bureaus – can trigger penalties up to ₹250 Crore, eroding trust and profits.

Why Credit Risk Data Audit is at Risk

Fintechs and lenders rely on vast amounts of **personal data** to assess creditworthiness. This includes everything from KYC documents and financial transaction history to 'alternate data' like app usage or digital footprints. DPDP mandates strict controls over **collection, processing, sharing (especially with credit bureaus), and retention** of this data. If your AI/ML credit models cannot explain *why* a loan was denied, or if you share data without explicit, purpose-specific consent, you risk violating the **right to information** and **accountability** principles of the Act. The Data Protection Board will scrutinise your data lifecycle, from onboarding to recovery, for compliance.

Common Violations

1.Sharing borrower data with credit bureaus or collection agencies without explicit, granular consent for *that specific purpose*.
2.Using opaque AI/ML credit scoring models that cannot provide a clear, auditable explanation for loan rejections (violates 'right to information').
3.Collecting 'alternate data' (e.g., SMS, call logs, app usage) beyond what is strictly necessary and without specific, informed consent.

The Immediate Fix

Start by mapping every piece of personal data used in your credit risk assessment, including its source, purpose, and where it's shared. Audit your consent mechanisms to ensure explicit, granular consent is obtained for all data processing and sharing activities, especially with credit bureaus and alternate data providers.