The Credit Information Companies (Regulation) Act, 2005, governs the operations of credit firms in India. This question explores whether the Act allows these companies to collect users' data without their consent. For example, the Act enables credit firms to gather and share financial data to help assess an individual’s creditworthiness. Consider how this law justifies collecting personal financial data for credit scoring purposes without asking for permission from the individual, and whether this raises any concerns about user consent.