What type of information does CCRIS provide?Outstanding Credit:
The report highlights any outstanding borrower credit. This would include all personal and business credit information, or if the borrower is part of any corporation or a member of a body.This part highlights the credit facilities of the borrower that is closely monitored by the participating financial institutions of BNM.The report will also highlight any approved or pending credit application the borrower has made in the past 12 months.
These reports will paint a picture of your financial behaviour such as whether you are a good payee or not. While CCRIS is controlled by the central bank of Malaysia, CTOS is a private credit reporting company. As one of the top credit reporting agencies under the CRA Act 2010, CTOS also provides your credit profile to participating financial institutions to help them understand your borrowing behaviour.
Similar to CCRIS, a CTOS report is also applicable for all types of borrowers including individuals, businesses, or other financial parties.CTOS uses credible sources to produce their reports called the MyCTOS Basic Report and the more advanced MyCTOS Score Report. It includes: