CTOS, Malaysia’s leading credit reporting agency, is taking a step towards empowering Malaysians to manage their finances responsibly. They are offering a free MyCTOS Report with CCRIS to anyone who signs up for the CTOS self-check service between February 21st and March 21st, 2024. This initiative is supported by financial literacy advocates RinggitPlus and iMoney.
Benefits of MyCTOS Report with CCRIS
The MyCTOS Report with CCRIS provides a more comprehensive overview of your credit health compared to a basic CCRIS report. It includes both standard CCRIS information like debt details, payment history, and credit inquiries. There’s also additional data specific to CTOS, such as legal cases, bankruptcies, business interests, and even non-bank debts. This comprehensive information plays a crucial role in how financial institutions assess loan applications.
CTOS CEO, Erick Hamburger, emphasized the importance of financial awareness, particularly during festive seasons like Chinese New Year and the upcoming Raya. This is because people tend to spend more during these times, making it crucial to understand their financial situation. He emphasises that understanding your current credit commitments through a credit report is crucial for informed financial planning and improved access to credit in the future.
This free report campaign builds upon CTOS’ commitment to promoting financial literacy in Malaysia. With over 3.6 million Malaysians already signed up for the CTOS self-check service, this initiative signifies the growing importance of financial well-being in the country. CTOS actively implements various programs to educate Malaysians on managing their credit reputation and make informed financial decisions.
To take advantage of this free report and gain valuable insights into your credit health, sign up for the CTOS self-check service on their website. You can also access your CTOS Score through the same website.
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Source: CTOS Data Systems
