The Right to Explanation of a Credit Score: A Holistic Approach under the GDPR, AI Act, and Directive (EU) 2023/2225 on Credit Agreements for Consumers - Global Privacy Law Review View The Right to Explanation of a Credit Score: A Holistic Approach under the GDPR, AI Act, and Directive (EU) 2023/2225 on Credit Agreements for Consumers by - Global Privacy Law Review The Right to Explanation of a Credit Score: A Holistic Approach under the GDPR, AI Act, and Directive (EU) 2023/2225 on Credit Agreements for Consumers 6 3

The right to an explanation remains one of the most contentiously discussed topics within the European Union (EU) data protection law. This article explores this emerging right in the specific context of credit scoring, where multiple legal frameworks intersect and a holistic approach is therefore required. It outlines the relevant legal landscape before analysing and comparing the obligations to explain credit-related decisions under three EU legal frameworks: the General Data Protection Regulation (GDPR), the Artificial Intelligence Act (AI Act), and the revised Consumer Credit Directive (CCD). By delineating the scope and substantive requirements of each framework, it aims to clarify the contours of a right to an explanation regarding credit score.

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